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Economist: A country’s rapid emergence from an economic recession

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Economist: A country’s rapid emergence from an economic recession  [#permalink]

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New post 08 Aug 2019, 07:22
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Economist: A country’s rapid emergence from an economic recession requires substantial new investment in that country’s economy. Since people’s confidence in the economic policies of their country is a precondition for any new investment, countries that put collective goals before individuals’ goals cannot emerge quickly from an economic recession.

Which one of the following, if assumed, enables the economist’s conclusion to be properly drawn?

(A) No new investment occurs in any country that does not emerge quickly from an economic recession.
(B) Recessions in countries that put collective goals before individuals’ goals tend not to affect the country’s people’s support for their government’s policies.
(C) If the people in a country that puts individuals’ goals first are willing to make new investments in their country’s economy, their country will emerge quickly from an economic recession.
(D) People in countries that put collective goals before individuals’ goals lack confidence in the economic policies of their countries.
(E) A country’s economic policies are the most significant factor determining whether that country’s economy will experience a recession.

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Re: Economist: A country’s rapid emergence from an economic recession  [#permalink]

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New post 11 Sep 2019, 22:24
Akela wrote:
Economist: A country’s rapid emergence from an economic recession requires substantial new investment in that country’s economy. Since people’s confidence in the economic policies of their country is a precondition for any new investment, countries that put collective goals before individuals’ goals cannot emerge quickly from an economic recession.

Which one of the following, if assumed, enables the economist’s conclusion to be properly drawn?

(A) No new investment occurs in any country that does not emerge quickly from an economic recession.
(B) Recessions in countries that put collective goals before individuals’ goals tend not to affect the country’s people’s support for their government’s policies.
(C) If the people in a country that puts individuals’ goals first are willing to make new investments in their country’s economy, their country will emerge quickly from an economic recession.
(D) People in countries that put collective goals before individuals’ goals lack confidence in the economic policies of their countries.
(E) A country’s economic policies are the most significant factor determining whether that country’s economy will experience a recession.



Rapid emergence from an economic recession needs new investment.
People’s confidence in the economic policies is necessary for new investment.

Conclusion: Countries that put collective goals before individuals’ goals cannot emerge quickly from an economic recession.

Here is the structure of the argument:
A (rapid emergence) needs B (new investment)
B needs C (people's confidence).

Conclusion: Countries that D (put collective goals ahead) cannot A.

We need an assumption that is also sufficient to prove conclusion.

It has to link D to the rest of the argument and say something like "countries that D, do not have C". (that will show that they cannot have A)

(A) No new investment occurs in any country that does not emerge quickly from an economic recession.

If A doesn't happen, B doesn't happen (notice how we defined A, B, C and D above).
Not the answer.

(B) Recessions in countries that put collective goals before individuals’ goals tend not to affect the country’s people’s support for their government’s policies.

Recessions in countries that D tend not to affect C. This talks about how 'recession' does not impact C. Not our answer.

(C) If the people in a country that puts individuals’ goals first are willing to make new investments in their country’s economy, their country will emerge quickly from an economic recession.

If people in country that not D are willing to B, A will happen. This is a conditional statement. We need something that links D with C/B/A, not "not D" with B/A.

(D) People in countries that put collective goals before individuals’ goals lack confidence in the economic policies of their countries.

Perfect. People in countries that D, do not have C. This is what we needed.

(E) A country’s economic policies are the most significant factor determining whether that country’s economy will experience a recession.

Economic policies determine recession. Irrelevant to our argument.

Answer (D)
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Economist: A country’s rapid emergence from an economic recession  [#permalink]

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New post 08 Aug 2019, 07:42
This is an LSAT problem and you won't see anything such in GMAT.

To be very specific, this is a sufficient assumption question "enables the economist’s conclusion to be properly drawn". I am yet to see one such sufficient assumption question in Official Guide/other official sources in the last couple of years. The last one (and the only one till date) appeared in OG-12, but it was dropped in the subsequent OGs'.

https://gmatclub.com/forum/although-par ... 16043.html

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Re: Economist: A country’s rapid emergence from an economic recession  [#permalink]

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New post 08 Aug 2019, 08:08
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Based on the premise that people's confidence in policies is a precondition for blah blah, the argument concludes that countries that put collective goals before individuals’ goals cannot emerge quickly from an economic recession.
As we can see there has to be some kind of link between people's confidence and goals
Only option D addresses the gap
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Economist: A country’s rapid emergence from an economic recession  [#permalink]

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New post 07 Sep 2019, 11:38
This is an assumption question, so let's brainstorm gaps in the argument before jumping into the options

1ºPremise: country’s rapid emergence from an economic recession -> new investment
2ºPremise: people’s confidence in policies ->prerequisite new investments
Conclusion: collective goals over individuals ->can't emerge quickly from a recession

Which one of the following, if assumed, enables the economist’s conclusion to be properly drawn?The flow of this argument is: if a country wants to quickly emerge from a recession so you need people's confidence in policies so the country has new investments. Now, the conclusion is: collective goals over individuals means no quick emrgence from a recession so it means not confidence in policies and no new investments. The gap is: how collective/individuals goals are connected to new invesments? through confidence. And how is confidence related to collective/individuals goals? This is the gap. We need to connect these collective/individuals goals with people's confidence. The assumption should be that collective goals over individual leads to poor people's confidence in polices. Let's jump now into the options



(A) No new investment occurs in any country that does not emerge quickly from an economic recession.

This answer is trying to confuse you with sufficient and necessary conditions. As stated in the argument, new investment is necessary to emerge quickly from a recession but it is not sufficient (this means that even though you have new investment you could have no quick emergence from a recession). So it is possible to have new investment in a country which doesn't quickly emerge from a recession. Incorrect

(B) Recessions in countries that put collective goals before individuals’ goals tend not to affect the country’s people’s support for their government’s policies.

Definitely not correct. In our reflection, we saw that collective over individual goals are linked to poor people's confidence. Incorrect

(C) If the people in a country that puts individuals’ goals first are willing to make new investments in their country’s economy, their country will emerge quickly from an economic recession.

individual goals first means good people's confidence in policies and therefore willing to make new investments. So the first part of the sentence is good. Then, it says that if that's the case then the country will emerge, which is also in line with what we thought. But hold on a moment. will the country emerge quicky from a recession if new investments are made for sure? Again new investments are a necessary condition, so we could have that we have new investments and no quickly emergence. Incorrect

(D) People in countries that put collective goals before individuals’ goals lack confidence in the economic policies of their countries.

This is definitely correct. Similar to C) but without making the error of sufficient/necessary conditions. Correct

(E) A country’s economic policies are the most significant factor determining whether that country’s economy will experience a recession.

Most significant factor? There may be other factors. Incorrect

OPTION D
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Economist: A country’s rapid emergence from an economic recession   [#permalink] 07 Sep 2019, 11:38

Economist: A country’s rapid emergence from an economic recession

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