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19 Mar 2011, 13:02
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A
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
55%
(hard)
Question Stats:
67% (02:04) correct
33%
(02:11)
wrong
based on 9
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The coal mines at Newcastle were so rich that all the coal mined there glutted the Scottish market, sending nationwide coal prices downward. To bolster coal prices, the Scottish Parliament offered mine owners who took 15% of the mineshafts out of production a direct subsidy payment, up to a certain maximum cap per mine. Scotland’s subsidy program, if successful, will not be a net burden on the budget.
Which of the following, if true, is the best explanation of the author's conclusion?
A ) The nation lost tax revenues when lowered coal prices caused financial losses for mine owners.
B) The year that Scotland adopted this subsidy program, coal mining output in other parts of the U.K. fell 5%.
C) Available mineshafts’ area was 10% below its average level during the first year that Scotland adopted this subsidy
program.
D) The maximum subsidy per mine caused subsidy payments per idle acre to be less for large mines than for smaller ones.
E) If mine owners took the subsidy, they found they could not put the idle mine land to any use.
Which of the following, if true, is the best explanation of the author's conclusion?
A ) The nation lost tax revenues when lowered coal prices caused financial losses for mine owners.
B) The year that Scotland adopted this subsidy program, coal mining output in other parts of the U.K. fell 5%.
C) Available mineshafts’ area was 10% below its average level during the first year that Scotland adopted this subsidy
program.
D) The maximum subsidy per mine caused subsidy payments per idle acre to be less for large mines than for smaller ones.
E) If mine owners took the subsidy, they found they could not put the idle mine land to any use.
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19 Mar 2011, 13:13
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IEsailor
A is the best reason. If the nation lost the revenues from the tax, then giving some subsidy would overwhelm the loss.
19 Mar 2011, 20:57
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It's an conditional argument and comprise of Sufficient condition (successful subsidy program) and the necessary condition (will not be a net burden on the budget). In order to support such argument you got to show that the necessary condition is infact necessary for sufficient condition to occur.
Diagrammatically,
successful subsidy program-/->burden on the budget
Only statement A best explains it saying that nation will suffer loses in tax revenues when coal prices is lowered.
Experts, Please correct me if I am wrong.
Diagrammatically,
successful subsidy program-/->burden on the budget
Only statement A best explains it saying that nation will suffer loses in tax revenues when coal prices is lowered.
Experts, Please correct me if I am wrong.
