Reserve Bank Report: The economic impact of the second wave of COVID 19 is being calculated based on changes in various parameters. The greatest toll of the second wave is in terms of the demand shock parameter.
Inventory accumulation is another severely affected parameter, but, unlike last year, parameters like aggregate supply are not as much impacted. This information implies that the second wave of COVID-19 has dented economic activity in the first quarter of the financial year but has not debilitated it as it did last year. Although extremely tentative a diagnosis at this stage,
we can still conclude that the economic impact this year will not be as horrible as it was last year. For the given argument, the boldfaced parts play which of the following roles?
(A) The first is a fact that disputes the argument's main conclusion. The second is that conclusion.
(B) The first is a position that supports the argument's main conclusion. The second is an intermediate conclusion that supports the main conclusion.
(C) The first introduces a consideration made while reaching a conclusion that is supported by the argument. The second is another claim that supports the conclusion.
(D) The first introduces a consideration made while reaching a conclusion that supports the main conclusion. The second is a claim that is supported by that conclusion.
(E)The first is a claim that is against the main conclusion of the argument. The second is the main conclusion.