Together these molecules form a liquid. However, taken as separate molecules both of these are gases. The argument is that since together these molecules form the liquid water that separately they must be a liquid as well. The fallacy of division is also the opposite of the fallacy of composition.
See also consumer price index, core inflation, cost-push inflation, demand-pull inflation, GDP deflator, producer price index, purchasing power risk. Inflation. Inflation is a persistent increase in prices, often triggered when demand for goods is greater than the available supply or when unemployment is low and workers can command higher salaries. Moderate inflation typically accompanies economic growth.
What is Inflation? What is Inflation? Inflation is generally described as a rise in the average price level of goods and services or a decrease in the purchasing power of the standard unit of currency. While that definition may be a bit difficult for some to comprehend, the effects of inflation are not.