Boldface questions are known to be notorious and usually linked with how well one is performing on the GMAT. However, if we pay attention to some concepts, they are not that difficult to crack. Before we start with this problem, here are certain things to understand:
Conclusion: It is an opinion of a person/body based on some facts and is always a judgement
Evidence: It is a piece of information given to us in the sentence.For years, economists have thought that the Great Depression was triggered by rampant stock market speculation that led to unsustainable equity prices and overextended credit. However, a recent book by Liaquat Ahamed refutes this theory. The real culprit, it turns out, was the excessive reparations imposed on Germany after WWI. These punitive measures bankrupted Germany and ultimately caused a cascade of private bank defaults.
In the above argument, what role do the bold-faced portions play?
Here we have two conclusions, one that the author rejects and one that the author accepts
Rejected Conclusion: Great Depression was triggered by rampant stock market speculation that led to unsustainable equity prices and overextended credit
Accepted Conclusion: The real culprit, it turns out, was the excessive reparations imposed on Germany after WWI
(A) The first offers evidence in support of a conclusion that the author subsequently refutes. The second is that conclusion.
We know that the first statement is the rejected conclusion
INCORRECT
(B) The first offers an opinion that the author rejects. The second is the author’s conclusion.
The first part is correct here. However, the second part is not the conclusion. It is a fact that supports the conclusion.
INCORRECT
(C) The first is a conclusion that the author ultimately accepts. The second is evidence in support of that conclusion.
This is wrong, the first part is the conclusion that the author rejects not accepts.
INCORRECT
(D) The first is evidence in support of a conclusion that the author denies. The second is a counter-conclusion that the author accepts.
This is again wrong. The first part is not an evidence, it is infact a conclusion
INCORRECT
(E) The first is a conclusion that the author rejects. The second is a evidence corroborating a conclusion that the author supports
The left out option. This has to be correct.
Yes, the first part is the conclusion that the author rejects and yes second part is an evidence that supports the conclusion
CORRECT