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Scholars in economics and public policy have long argued

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Scholars in economics and public policy have long argued  [#permalink]

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New post 18 Sep 2016, 08:21
2
00:00
A
B
C
D
E

Difficulty:

  85% (hard)

Question Stats:

55% (02:08) correct 45% (02:02) wrong based on 266 sessions

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"Economist: Scholars in economics and public policy have long argued over the best way to measure emotions such as love, anger, and jealousy in quantifiable terms that can both enhance businesses' capacity to fulfill customer needs and allow the government to implement policies that best address issues of national concern. On one side are those who believe scholars can conduct research on emotions to such an extent that it is possible to discover the financial value an individual places on such principles as health, the safety of one's children, and the worth of higher education. Sophisticated preference studies assessing a population's decisions on a very atomic level are used to conduct these investigations. On the other side are those that believe such studies, however perfected, are best only vague estimates of how emotions factor into decisions. Those who support this belief cite numerous examples of situations (an expected trend or pop culture success) in which a population's actual behavior disrupted scholars' meticulously constructed mathematical models. It remains to be seen whether mathematical models regarding decision sciences will ever reach a higher degree of accuracy. In the economist's argument, the two highlighted portions play which of the following roles?"

A. The first introduces one side of a dichotomy; the second offers a concrete example of that dichotomy.
B. The first discusses a common viewpoint about a dichotomy; the second describes premise undermining the
dichotomy itself.
C. The first describes a general topic; the second offers an example of an alternative approach to that topic.
D. The first is a common argument about a subject; the second is the author's conclusion.
E. The first identifies one side of a dichotomy; the second indicates how one side supports its argument.
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Re: Scholars in economics and public policy have long argued  [#permalink]

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New post 18 Sep 2016, 08:23
can some elaborate why D is wrong?
since the second part is not the conclusion??
I was stuck with D & E :(
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Re: Scholars in economics and public policy have long argued  [#permalink]

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New post 18 Sep 2016, 08:58
paidlukkha wrote:
can some elaborate why D is wrong?
since the second part is not the conclusion??
I was stuck with D & E :(


Based on the two sided of the dichotomy, the author concluded that "It remains to be seen whether mathematical models regarding decision sciences will ever reach a higher degree of accuracy.". Hence, 2nd bold face is not a conclusion rather its an example of the 2nd dichotomy. Hence, D is incorrect.
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New post 24 Jun 2017, 08:55
E. The first identifies one side of a dichotomy; the second indicates how one side supports its argument.

I think if the second 'one side' is replaced with 'second side', then it would be more perfect.

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Re: Scholars in economics and public policy have long argued  [#permalink]

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New post 21 Mar 2018, 08:17
abhimahna wrote:
paidlukkha wrote:
can some elaborate why D is wrong?
since the second part is not the conclusion??
I was stuck with D & E :(


Based on the two sided of the dichotomy, the author concluded that "It remains to be seen whether mathematical models regarding decision sciences will ever reach a higher degree of accuracy.". Hence, 2nd bold face is not a conclusion rather its an example of the 2nd dichotomy. Hence, D is incorrect.


abhimahna

Didn't understand Why is B wrong?
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Re: Scholars in economics and public policy have long argued  [#permalink]

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New post 21 Mar 2018, 09:29
prateek176 wrote:
abhimahna

Didn't understand Why is B wrong?


Hey prateek176 ,

You need to understand the structure of the argument to be able to understand why B is wrong.

Author is giving information about two sides of a coin.

Side 1 -- He mentioned something
Side 2 -- He mentioned something else and then provided more information to prove the 2nd side.

Hence, author nowhere concluded that 1st side is an issue. He just said 2nd sided people have their justifications.

Hence, B is wrong.

Does that make sense?
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Re: Scholars in economics and public policy have long argued  [#permalink]

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New post 25 Mar 2018, 09:28
E. The first identifies one side of a dichotomy; the second indicates how one side supports its argument.
abhimahna don’t you think that bold ''one side'' should be replaced by "the other side".
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Re: Scholars in economics and public policy have long argued  [#permalink]

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New post 31 Mar 2018, 09:44
pkm9995109794 wrote:
E. The first identifies one side of a dichotomy; the second indicates how one side supports its argument.
abhimahna don’t you think that bold ''one side'' should be replaced by "the other side".


Yeah right I also had the same thoughts
Re: Scholars in economics and public policy have long argued &nbs [#permalink] 31 Mar 2018, 09:44
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