The statement "The economy continues to grow as the number of 'likes' on IG account continue to increase. Clearly, the two are linked" is an example of Faulty Causality: Incorrect assumption that one event caused another event. Correlation does not imply causation. Here option D is correct.
This reasoning implies a causal relationship between the growth of the economy and the increase in IG likes, suggesting that one event (IG likes) is causing the other (economic growth).
However, this is a faulty assumption because correlation, or the simultaneous occurrence of two events, does not necessarily imply causation.
There may be other factors influencing both the economy and the number of IG likes, making it hasty and inaccurate to conclude a direct cause-and-effect relationship based solely on their correlation.
In reality, economic growth is influenced by a myriad of complex factors such as government policies, global economic conditions, and market trends, which are unlikely to be directly affected by the number of likes on an individual's IG account. Here option D is correct.