CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon


Question

The media claim that the economy is entering a phase of growth and prosperity. They point to lower unemployment rates and increased productivity. This analysis is false, though. The number of people filing for bankruptcy has increased every month for the last six months, and bankruptcy lawyers report that they are busier than they have been in years. Which of the following is an assumption on which the argument depends?


A
Unemployment rates are not useful indicators of growth and prosperity.
loader
B
Economic growth cannot be measured in terms of productivity.
loader
C
Legislation has not been recently passed to make legal bankruptcy easier to obtain.
loader
D
There has not been an increase in the number of bankruptcy lawyers.
loader
E
The media often misrepresent the current state of economic affairs.
loader

Solution

The correct option is A Legislation has not been recently passed to make legal bankruptcy easier to obtain.
Here the gap in the argument is that the author assumes that bankruptcy can only happen because of unemployment. However if somehow obtaining legal bankruptcy becomes easy the authors conclusion does not hold.
Hence it should be C.

Accountancy

Suggest Corrections
thumbs-up
 
0


similar_icon
Similar questions
View More


similar_icon
People also searched for
View More



footer-image