The recent boom in new home construction has finally begun to taper off. Developers are not
buying land, contractors are finding themselves going without work for longer periods, and
banks are issuing fewer mortgages. People must not be as interested in buying new homes as
they were even six months ago. Which of the following indicates a flaw in the reasoning
A) Interest rates for home mortgages have increased significantly over the past six months.
b) The average size of a new home has increased significantly over the past several years.
c) Sales of condominiums have increased over the past six months.
d) The cost of materials such as lumber and cement has decreased over the past year.
e) Sales of other big-ticket items, such as automobiles and boats, has remained steady over the
Main CR Qs link - Main link - cr-qs-600-700-level-131508.html
Push +1 kudos button please, if you like my post.