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Updated on: 15 Jun 2016, 11:51
Originally posted by neashwar on 10 Nov 2011, 03:51.
Last edited by Skywalker18 on 15 Jun 2016, 11:51, edited 1 time in total.
Last edited by Skywalker18 on 15 Jun 2016, 11:51, edited 1 time in total.
Added the OA
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D
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
75%
(hard)
Question Stats:
54% (02:04) correct
46%
(02:04)
wrong
based on 545
sessions
History
Date
Time
Result
Not Attempted Yet
The coming economic recovery will surely be strong. Most of the economists in the investment companies now aggree this is so, though the leading academic economists still think otherwise. since the investment companies' economists are risking their jobs when they make forecasts, wheras academic economists have lifelong tenure, it generally makes sense to take the investment companies' economists more seriously.
The main conclusion of the argument is supported only
A. by comparing the number of experts who agree with the conclusion with the number who disagree with the conclusion
B. through an assessment of the likely risks and consequences of believing one or another strand of expert opinion
C. through projection from the economic prospects for investment companies to the economic prospects for the economy as a whole
D. through an assessment of the relative reliability of the experts who agree with the conclusion as compared with that of those who disagree
E. by attacking the character of those experts who disagree with the conclusion
The main conclusion of the argument is supported only
A. by comparing the number of experts who agree with the conclusion with the number who disagree with the conclusion
B. through an assessment of the likely risks and consequences of believing one or another strand of expert opinion
C. through projection from the economic prospects for investment companies to the economic prospects for the economy as a whole
D. through an assessment of the relative reliability of the experts who agree with the conclusion as compared with that of those who disagree
E. by attacking the character of those experts who disagree with the conclusion
sudish
Joined: 09 Sep 2011
Last visit: 15 Nov 2014
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Status:Enjoying the MBA journey :)
Location: United States (DC)
Concentration: General Management, Entrepreneurship
Schools: CBS '15 (D) Ross '15 (D) Anderson '15 (D) Johnson '15 (WL) ISB '14 (D) Kellogg '15 (D) Olin '15 (WA$) McDonough '15 (M)
GMAT 1: 710 Q49 V38
WE:Corporate Finance (Other)
Schools: CBS '15 (D) Ross '15 (D) Anderson '15 (D) Johnson '15 (WL) ISB '14 (D) Kellogg '15 (D) Olin '15 (WA$) McDonough '15 (M)
GMAT 1: 710 Q49 V38
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10 Nov 2011, 06:20
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IMO option B.
This is because the argument assumes that if the investment companies' economists make a wrong or incorrect prediction, it is likely that they will lose their job. However, the academic economists' jobs are safe even when their prediction turns out to be an incorrect one.
This suggests that the conclusion is based on the likely assessment of the risks and consequences of each economists' opinion.
This is because the argument assumes that if the investment companies' economists make a wrong or incorrect prediction, it is likely that they will lose their job. However, the academic economists' jobs are safe even when their prediction turns out to be an incorrect one.
This suggests that the conclusion is based on the likely assessment of the risks and consequences of each economists' opinion.
11 Nov 2011, 02:45
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I struggled with this one. What's the OA?
