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29 Aug 2024, 11:17
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E
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
65%
(hard)
Question Stats:
58% (02:03) correct
42%
(02:20)
wrong
based on 334
sessions
History
Date
Time
Result
Not Attempted Yet
Although homeowners' energy conservation upgrades often pay for themselves in the long run, many homeowners cannot afford the upfront costs. So, to promote home energy conservation, a provincial government plans to pay the initial costs for homeowners' energy conservation upgrades. Homeowners who receive this benefit will then pay the province back with interest over the next decade through surcharges on their property taxes.
Which of the following, if true, provides the strongest grounds for doubting that the government's plan, if implemented, will be effective?
A. Many homeowners in the province have not made energy conservation upgrades mainly because they are unaware of the potential savings.
B. For most home upgrades under the plan, the annual property tax surcharges will be lower than the annual savings from reduced energy usage.
C. Other provincial governments have successfully implemented several other less expensive methods of promoting home energy conservation.
D. Even if a few homeowners make energy conservation upgrades, the province's overall energy usage will still be excessive.
E. Most banks in the province readily offer loans for home renovations on much more favorable terms than those the government plans to offer.
Which of the following, if true, provides the strongest grounds for doubting that the government's plan, if implemented, will be effective?
A. Many homeowners in the province have not made energy conservation upgrades mainly because they are unaware of the potential savings.
B. For most home upgrades under the plan, the annual property tax surcharges will be lower than the annual savings from reduced energy usage.
C. Other provincial governments have successfully implemented several other less expensive methods of promoting home energy conservation.
D. Even if a few homeowners make energy conservation upgrades, the province's overall energy usage will still be excessive.
E. Most banks in the province readily offer loans for home renovations on much more favorable terms than those the government plans to offer.
06 Sep 2024, 09:31
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Problem: Many homeowners cannot afford the upfront costs of energy conservation upgrades.
Government's Plan: The government will cover the initial costs, and homeowners will repay the government over the next decade through property tax surcharges.
Goal: The plan aims to promote home energy conservation by removing the barrier of upfront costs.
The argument assumes that removing the upfront cost barrier will encourage homeowners to take advantage of the opportunity and make energy-saving upgrades, which will lead to energy conservation.
A. Many homeowners in the province have not made energy conservation upgrades mainly because they are unaware of the potential savings.
This option suggests that the issue might be a lack of awareness rather than just the upfront cost. If people don't know about the benefits, they might not participate in the plan, but this doesn't directly challenge the plan's effectiveness in terms of removing the cost barrier.
This weakens the plan somewhat but not strongly; it doesn't directly address the plan's financial terms.
B. For most home upgrades under the plan, the annual property tax surcharges will be lower than the annual savings from reduced energy usage.
This suggests that the financial benefits of the plan are solid, as homeowners will save more than they pay in surcharges.
This actually strengthens the plan, so it's not the correct choice.
C. Other provincial governments have successfully implemented several other less expensive methods of promoting home energy conservation.
This introduces the idea that alternative methods might be more cost-effective, but it doesn't directly undermine the effectiveness of the plan itself. It only suggests a comparison without challenging whether this specific plan will work.
This is not a strong reason to doubt the plan’s effectiveness.
D. Even if a few homeowners make energy conservation upgrades, the province's overall energy usage will still be excessive.
This option addresses the overall energy usage, but the plan's focus is on promoting energy conservation among individual homeowners, not immediately reducing overall provincial energy usage. The argument's goal is to get homeowners to adopt the upgrades.
This doesn’t directly challenge the plan’s effectiveness in terms of getting homeowners to make upgrades, so it is irrelevant.
E. Most banks in the province readily offer loans for home renovations on much more favorable terms than those the government plans to offer.
This is the strongest option because it directly undermines the plan by suggesting that homeowners have access to better financial options. If banks offer loans on more favorable terms, homeowners are unlikely to opt for the government's less attractive terms. This could lead to the plan being ineffective because homeowners would prefer bank loans, rendering the government's effort pointless.
This directly challenges the plan’s effectiveness by questioning its competitiveness in solving the problem of upfront costs.
The correct answer is E because it provides the strongest reason to doubt the effectiveness of the government's plan by offering an alternative that homeowners might prefer over the government's solution.
Government's Plan: The government will cover the initial costs, and homeowners will repay the government over the next decade through property tax surcharges.
Goal: The plan aims to promote home energy conservation by removing the barrier of upfront costs.
The argument assumes that removing the upfront cost barrier will encourage homeowners to take advantage of the opportunity and make energy-saving upgrades, which will lead to energy conservation.
A. Many homeowners in the province have not made energy conservation upgrades mainly because they are unaware of the potential savings.
This option suggests that the issue might be a lack of awareness rather than just the upfront cost. If people don't know about the benefits, they might not participate in the plan, but this doesn't directly challenge the plan's effectiveness in terms of removing the cost barrier.
This weakens the plan somewhat but not strongly; it doesn't directly address the plan's financial terms.
B. For most home upgrades under the plan, the annual property tax surcharges will be lower than the annual savings from reduced energy usage.
This suggests that the financial benefits of the plan are solid, as homeowners will save more than they pay in surcharges.
This actually strengthens the plan, so it's not the correct choice.
C. Other provincial governments have successfully implemented several other less expensive methods of promoting home energy conservation.
This introduces the idea that alternative methods might be more cost-effective, but it doesn't directly undermine the effectiveness of the plan itself. It only suggests a comparison without challenging whether this specific plan will work.
This is not a strong reason to doubt the plan’s effectiveness.
D. Even if a few homeowners make energy conservation upgrades, the province's overall energy usage will still be excessive.
This option addresses the overall energy usage, but the plan's focus is on promoting energy conservation among individual homeowners, not immediately reducing overall provincial energy usage. The argument's goal is to get homeowners to adopt the upgrades.
This doesn’t directly challenge the plan’s effectiveness in terms of getting homeowners to make upgrades, so it is irrelevant.
E. Most banks in the province readily offer loans for home renovations on much more favorable terms than those the government plans to offer.
This is the strongest option because it directly undermines the plan by suggesting that homeowners have access to better financial options. If banks offer loans on more favorable terms, homeowners are unlikely to opt for the government's less attractive terms. This could lead to the plan being ineffective because homeowners would prefer bank loans, rendering the government's effort pointless.
This directly challenges the plan’s effectiveness by questioning its competitiveness in solving the problem of upfront costs.
The correct answer is E because it provides the strongest reason to doubt the effectiveness of the government's plan by offering an alternative that homeowners might prefer over the government's solution.
06 Sep 2024, 19:50
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Hi, while Option E looks great as an option, I would like to clarify something.
It mentions that banks offer loans for "home renovation". Is it reasonable to assume that this includes "energy conservation upgrades"? It feels as if it might be unrelated.
It mentions that banks offer loans for "home renovation". Is it reasonable to assume that this includes "energy conservation upgrades"? It feels as if it might be unrelated.
