GMAT Question of the Day (July 23)

Question Discussion & Explanation
Correct Answer - B - (click and drag your mouse to see the answer)

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 Recently, since rumors have been confirmed that the most prominent multi-property owners in the condominium complex have been using home equity credit to make renovations, other owners, who feared that the complex's property values were rapidly decreasing, have been greatly relieved. They posit that, since the largest stakeholders in the complex evidently believe in the soundness of their properties, the worry that values are declining must be false. This may not be sound reasoning, however, because the largest stakeholders may simply be protecting their investments by creating the image that the property values will stay high so that other owners do not sell their properties and further perpetuate the decrease.

In the argument above, the two boldfaced portions play which of the following roles?

A The first describes evidence that has been taken as supporting a conclusion; the second states a contrary conclusion that is the main conclusion of the argument.

B The first provides evidence in support of the main conclusion of the argument; the second states that conclusion.

C The first describes evidence that has been taken as supporting a conclusion; the second gives a reason for questioning that support.

D The first describes the circumstance that the argument as a whole seeks to explain; the second gives the explanation that the argument seeks to establish.

E The first describes the circumstance that the argument as a whole seeks to explain; the second provides evidence in support of the explanation that the argument seeks to establish.

Question Discussion & Explanation
Correct Answer - C- (click and drag your mouse to see the answer)