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30 Jul 2019, 05:57
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Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
65%
(hard)
Question Stats:
52% (01:42) correct
48%
(01:44)
wrong
based on 697
sessions
History
Date
Time
Result
Not Attempted Yet
Poppy: High taxes have a chilling effect on the economy. When individuals and corporations are taxed, they have less money to spend. Demand for products and services is reduced, causing unemployment to increase. Taxes must be lowered.
Lilly: But you must also consider that taxes generate funds for the government. If taxes are lowered, the government will be forced to borrow more money, thus reducing the amount of credit available. Unable to borrow money easily, businesses and individuals will be forced to limit their purchases.
Lilly objects to Poppy’s argument by
A. claiming that Poppy has exaggerated the adverse effects of high taxes
B. indicating that Poppy has based his argument on insufficient evidence about the effects of taxes on the economy
C. noting that Poppy has failed to adequately define the term “taxes”
D. demonstrating that the danger of reducing taxes is far more severe than the threat of maintaining them at current levels
E. suggesting that the economic benefits of easy credit outweigh the danger of unemployment
Lilly: But you must also consider that taxes generate funds for the government. If taxes are lowered, the government will be forced to borrow more money, thus reducing the amount of credit available. Unable to borrow money easily, businesses and individuals will be forced to limit their purchases.
Lilly objects to Poppy’s argument by
A. claiming that Poppy has exaggerated the adverse effects of high taxes
B. indicating that Poppy has based his argument on insufficient evidence about the effects of taxes on the economy
C. noting that Poppy has failed to adequately define the term “taxes”
D. demonstrating that the danger of reducing taxes is far more severe than the threat of maintaining them at current levels
E. suggesting that the economic benefits of easy credit outweigh the danger of unemployment
31 Jul 2019, 07:26
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Poppy: High taxes are bad, so lower them. Effects of high taxes - less money to spend, low demand for products and services, so high unemployment
Lilly: What would happen if taxes are lowered. Provides examples to explain consequences..
Clearly, Poppy saw only one side of the problem (high taxes), whereas Lilly sees the other side of the problem
Lilly objects to Poppy’s argument by
A. claiming that Poppy has exaggerated the adverse effects of high taxes
Incorrect: Lilly doesn't comment on Poppy's evidences, simply says other points must be considered
B. indicating that Poppy has based his argument on insufficient evidence about the effects of taxes on the economy
Correct: Poppy says lower taxes, however, Lilly objects by providing details of what would happen if taxes are lowered.
C. noting that Poppy has failed to adequately define the term “taxes”
Incorrect: Lilly doesn't define the term "taxes"
D. demonstrating that the danger of reducing taxes is far more severe than the threat of maintaining them at current levels
Incorrect: In Lilly's argument, no comparison of severity of the problem with current tax levels with that of low/high tax levels
E. suggesting that the economic benefits of easy credit outweigh the danger of unemployment
Incorrect: Lilly mentions about consequences of low tax on the economy as a whole, no comparison of economic benefits and danger of unemployment
Lilly: What would happen if taxes are lowered. Provides examples to explain consequences..
Clearly, Poppy saw only one side of the problem (high taxes), whereas Lilly sees the other side of the problem
Lilly objects to Poppy’s argument by
A. claiming that Poppy has exaggerated the adverse effects of high taxes
Incorrect: Lilly doesn't comment on Poppy's evidences, simply says other points must be considered
B. indicating that Poppy has based his argument on insufficient evidence about the effects of taxes on the economy
Correct: Poppy says lower taxes, however, Lilly objects by providing details of what would happen if taxes are lowered.
C. noting that Poppy has failed to adequately define the term “taxes”
Incorrect: Lilly doesn't define the term "taxes"
D. demonstrating that the danger of reducing taxes is far more severe than the threat of maintaining them at current levels
Incorrect: In Lilly's argument, no comparison of severity of the problem with current tax levels with that of low/high tax levels
E. suggesting that the economic benefits of easy credit outweigh the danger of unemployment
Incorrect: Lilly mentions about consequences of low tax on the economy as a whole, no comparison of economic benefits and danger of unemployment
13 Dec 2020, 03:47
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Bookmarks
A. claiming that Poppy has exaggerated the adverse effects of high taxes.
INCORRECT. No such claim by Lilly
B. indicating that Poppy has based his argument on insufficient evidence about the effects of taxes on the economy.
CORRECT.
Lilly: But you "MUST ALSO CONSIDER" that .....
C. noting that Poppy has failed to adequately define the term “taxes”
INCORRECT.
D. demonstrating that the danger of reducing taxes is far more severe than the threat of maintaining them at current levels.
INCORRECT. No such comparison has been made.
E. suggesting that the economic benefits of easy credit outweigh the danger of unemployment
INCORRECT. No such comparison has been made.
Posted from my mobile device
INCORRECT. No such claim by Lilly
B. indicating that Poppy has based his argument on insufficient evidence about the effects of taxes on the economy.
CORRECT.
Lilly: But you "MUST ALSO CONSIDER" that .....
C. noting that Poppy has failed to adequately define the term “taxes”
INCORRECT.
D. demonstrating that the danger of reducing taxes is far more severe than the threat of maintaining them at current levels.
INCORRECT. No such comparison has been made.
E. suggesting that the economic benefits of easy credit outweigh the danger of unemployment
INCORRECT. No such comparison has been made.
Posted from my mobile device
