good Question, I would go for E
(A) taxpayers of the province would spend outside the province at least $300 million of any $600 million refunded to them - this would cause a net decrease. ie no net increase, agrees with the passage's conclusion incorrect.
(B) taxpayers of the province would receive any refund in partial payments during the year rather than in a lump sum - doesn't make a difference, still returning the money to the taxpayers, doesn't explain how this would not affect state's budget incorrect
(C) province could assess new taxes in a way that would avoid angering taxpayers - still a no net increase in the economy
(D) province could instead of refunding the money, stimulate its economy by redirecting its spending to use the $600 million for construction projects creating jobs around the province - still didn't say where this $600 million is going to come from
(E) province could keep its workers and use them more effectively with a resulting savings of $600 million in its out-of-province expenditures - this would decrease the out of state spendings, which brings money into the state, which increases the economy..correct
I know I am moving away from the wind(of option answers here). But would like more comments on this question and my approach.
I think of this question as very smartly drafted question.. Double negative played here as per my observation.
Conclusion: No resulting net increase in spending will happen(600m spend to happen in province to boost the economy, but it will not go to boost the economy.. )
Question stem says: The conclusion
about whether there would be resulting net increase in spending
would not follow if:
Thus it is a weaker question stem owing to "would not follow" qualifying the conclusion. Since, argument say that there will be no net increase in spending, so we have to look for choices which go for scenarios with increase in
or equal to
net spending of 600 m.
Before getting into choices, let me define net spending.
Net spending for province's economy= Spend by province residents -Spend by govt
Net spend should increase with Spend by province residents
A) Looks good to me. Spend by province residents = 300m(Only this amount available for province as rest of 300m is invested outside the province)
Net spending for province's economy= 300m - 600m =-300m
This means that there would in fact be a deficit of $300m, if money is invested outside province, so it should be difficult to get a net increase in province's economy. Looks like a weakener to me. Will keep it.
B)Agree...The timing of release of funds shouldn't really matter. So a clear loser choice.
C)Agree.. The introduction of new taxes is irrelevant to this choice as the argument conclusion is around 600m released by govt to province's junta. Irrelevant as it moves away from conclusion that money will be available to people for spending.
D) Same as C
E) Now, a weaker can attack a fact which this choice does. So it says, keep the workers. This will mean that either new taxes will come or purpose of refund will get defeated or spending of $600m will not happen. Since, the choice doesn't talk about new taxes, I am not perfectly sure about this choice. But, savings in $600m in out-of-province expenditures will indirectly reduce "Spend by govt" part of equation to zero.
Spending by govt = 600m(initially planned to be given to people) - 600m(savings from out-of-province expenditures)=0-------------------i
Net spending for province's economy= Spend by province residents(0 as govt didnt release the money) -Spend by govt(0 from above equation i)
I am split between A & E. Need some assistance and feedback guys.
If you know what you're worth, then go out and get what you're worth. But you gotta be willing to take the hits, and not pointing fingers saying you ain't where you wanna be because of anybody! Cowards do that and You're better than that!
The path is long, but self-surrender makes it short; the way is difficult, but perfect trust makes it easy.
Fire the final bullet only when you are constantly hitting the Bull's eye, till then KEEP PRACTICING.
Failure establishes only this, that our determination to succeed was not strong enough.
Getting defeated is just a temporary notion, giving it up is what makes it permanent.
Press +1 Kudos, if you think my post gave u a tiny tip.