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20 Jan 2024, 00:23
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Economist: Over the last twenty years, there has been a significant increase in the percentage of households participating in the stock market. This trend is likely a consequence of the enhanced accessibility provided by online trading platforms, which have simplified the process of investing. As a result, a larger proportion of individual savings is now invested in stocks than in previous decades.
In the economist's argument, the two sections in boldface play which of the following roles?
A. The first is an observation that sets the stage for the argument; the second is a related observation that is explained by the argument's broader context.
B. The first is a foundational fact upon which the argument is built; the second is a conclusion that directly stems from the interpretation of this fact.
C. The first introduces a trend for which the argument provides a potential cause; the second is an implication of this trend, supporting the argument's overall narrative.
D. The first is a premise that is integral to the argument's progression; the second is a conclusion that encapsulates the argument's main insight.
E. The first is an initial observation that prompts further analysis; the second is a consequent observation that reinforces the argument's central thesis.
In the economist's argument, the two sections in boldface play which of the following roles?
A. The first is an observation that sets the stage for the argument; the second is a related observation that is explained by the argument's broader context.
B. The first is a foundational fact upon which the argument is built; the second is a conclusion that directly stems from the interpretation of this fact.
C. The first introduces a trend for which the argument provides a potential cause; the second is an implication of this trend, supporting the argument's overall narrative.
D. The first is a premise that is integral to the argument's progression; the second is a conclusion that encapsulates the argument's main insight.
E. The first is an initial observation that prompts further analysis; the second is a consequent observation that reinforces the argument's central thesis.
20 Jan 2024, 00:23
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Official Solution:
Economist: Over the last twenty years, there has been a significant increase in the percentage of households participating in the stock market. This trend is likely a consequence of the enhanced accessibility provided by online trading platforms, which have simplified the process of investing. As a result, a larger proportion of individual savings is now invested in stocks than in previous decades.
In the economist's argument, the two sections in boldface play which of the following roles?
A. The first is an observation that sets the stage for the argument; the second is a related observation that is explained by the argument's broader context.
B. The first is a foundational fact upon which the argument is built; the second is a conclusion that directly stems from the interpretation of this fact.
C. The first introduces a trend for which the argument provides a potential cause; the second is an implication of this trend, supporting the argument's overall narrative.
D. The first is a premise that is integral to the argument's progression; the second is a conclusion that encapsulates the argument's main insight.
E. The first is an initial observation that prompts further analysis; the second is a consequent observation that reinforces the argument's central thesis.
A) The first is an observation that sets the stage for the argument; the second is a related observation that is explained by the argument's broader context.
Incorrect: While the first statement is indeed an observation, it serves more as a premise than just scene-setting. The second statement, rather than being merely explained by the broader context, plays a more active role in supporting the argument's narrative.
B) The first is a foundational fact upon which the argument is built; the second is a conclusion that directly stems from the interpretation of this fact.
Incorrect: This choice oversimplifies the relationship between the two statements. The first statement is a fact, but the second does not directly act as a conclusion to this fact; it's more of an observation that complements the argument's direction.
C) The first introduces a trend for which the argument provides a potential cause; the second is an implication of this trend, supporting the argument's overall narrative.
Correct: This choice accurately captures the dynamic between the two statements. The first sets up a trend, and the argument then explores a potential cause for this trend. The second statement acts as an implication that enriches the argument, supporting its overall narrative.
D) The first is a premise that is integral to the argument's progression; the second is a conclusion that encapsulates the argument's main insight.
Incorrect: This choice misinterprets the role of the first statement. It's more than just a premise; it's a key observation that drives the argument. The second statement, while important, doesn't quite encapsulate the main insight of the argument but rather supports the narrative developed.
E) The first is an initial observation that prompts further analysis; the second is a consequent observation that reinforces the argument's central thesis.
Incorrect: This option correctly identifies the first statement as an observation but underestimates its role. The second statement, rather than just reinforcing the thesis, plays a more significant role in illustrating the implications of the trend discussed in the first statement.
Answer: C
Economist: Over the last twenty years, there has been a significant increase in the percentage of households participating in the stock market. This trend is likely a consequence of the enhanced accessibility provided by online trading platforms, which have simplified the process of investing. As a result, a larger proportion of individual savings is now invested in stocks than in previous decades.
In the economist's argument, the two sections in boldface play which of the following roles?
A. The first is an observation that sets the stage for the argument; the second is a related observation that is explained by the argument's broader context.
B. The first is a foundational fact upon which the argument is built; the second is a conclusion that directly stems from the interpretation of this fact.
C. The first introduces a trend for which the argument provides a potential cause; the second is an implication of this trend, supporting the argument's overall narrative.
D. The first is a premise that is integral to the argument's progression; the second is a conclusion that encapsulates the argument's main insight.
E. The first is an initial observation that prompts further analysis; the second is a consequent observation that reinforces the argument's central thesis.
A) The first is an observation that sets the stage for the argument; the second is a related observation that is explained by the argument's broader context.
Incorrect: While the first statement is indeed an observation, it serves more as a premise than just scene-setting. The second statement, rather than being merely explained by the broader context, plays a more active role in supporting the argument's narrative.
B) The first is a foundational fact upon which the argument is built; the second is a conclusion that directly stems from the interpretation of this fact.
Incorrect: This choice oversimplifies the relationship between the two statements. The first statement is a fact, but the second does not directly act as a conclusion to this fact; it's more of an observation that complements the argument's direction.
C) The first introduces a trend for which the argument provides a potential cause; the second is an implication of this trend, supporting the argument's overall narrative.
Correct: This choice accurately captures the dynamic between the two statements. The first sets up a trend, and the argument then explores a potential cause for this trend. The second statement acts as an implication that enriches the argument, supporting its overall narrative.
D) The first is a premise that is integral to the argument's progression; the second is a conclusion that encapsulates the argument's main insight.
Incorrect: This choice misinterprets the role of the first statement. It's more than just a premise; it's a key observation that drives the argument. The second statement, while important, doesn't quite encapsulate the main insight of the argument but rather supports the narrative developed.
E) The first is an initial observation that prompts further analysis; the second is a consequent observation that reinforces the argument's central thesis.
Incorrect: This option correctly identifies the first statement as an observation but underestimates its role. The second statement, rather than just reinforcing the thesis, plays a more significant role in illustrating the implications of the trend discussed in the first statement.
Answer: C
03 Sep 2024, 19:09
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AjiteshArun
This imo looked a very tough Bold Face Q. We cant just directionally say whether each statement is premise or conclusion because at first glance all options look directionally right, hence can't be eliminated. It felt there was more storytelling to support each answer.
1. Can you pls explain each option word by word - wasn't satisfied by the explanation above.
2. Also what is the conclusion of the argument?
3. Does it really matter to go into wording like observation, implications, consequent etc? What can be strategy in such ques.
I had chosen D because I thought every prompt will have a main conclusion and it looked that seocnd BF could be only conclusion.
C only seems right because of word as BF1 is describing trend. Then second sentence in prompt is cause and the BF2 i implications of that cause
This imo looked a very tough Bold Face Q. We cant just directionally say whether each statement is premise or conclusion because at first glance all options look directionally right, hence can't be eliminated. It felt there was more storytelling to support each answer.
1. Can you pls explain each option word by word - wasn't satisfied by the explanation above.
2. Also what is the conclusion of the argument?
3. Does it really matter to go into wording like observation, implications, consequent etc? What can be strategy in such ques.
I had chosen D because I thought every prompt will have a main conclusion and it looked that seocnd BF could be only conclusion.
C only seems right because of word as BF1 is describing trend. Then second sentence in prompt is cause and the BF2 i implications of that cause
