can somebody explain question number 1 please? i don't get it
thanks!
sumukh09 Wrote:We have a set of conditional statements in the stimulus and the question asks us what can be concluded on the basis of these conditional statements.
1: Fully Utilized ---> Industrial Growth ---> New Capital Investment
2: Reduction in Interest Rate ---> New Capital Investment
Can we conclude A? No because we don't know anything about any exceptional cases in which interest rates might be reduced.
B) is correct because "precondition" means a necessary condition and a necessary condition for industrial growth is new capital investment and a reduction in interest rates triggers new capital investment. So if we have a reduction in interest rates then we have new capital investment which is a precondition for industrial growth.
C) out of scope
D) Not provable given the information in the stim
E) is reversed
roflcoptersoisoi Wrote:sumukh09 Wrote:We have a set of conditional statements in the stimulus and the question asks us what can be concluded on the basis of these conditional statements.
1: Fully Utilized ---> Industrial Growth ---> New Capital Investment
2: Reduction in Interest Rate ---> New Capital Investment
Can we conclude A? No because we don't know anything about any exceptional cases in which interest rates might be reduced.
B) is correct because "precondition" means a necessary condition and a necessary condition for industrial growth is new capital investment and a reduction in interest rates triggers new capital investment. So if we have a reduction in interest rates then we have new capital investment which is a precondition for industrial growth.
C) out of scope
D) Not provable given the information in the stim
E) is reversed
If the first logic chain is supposed to be a compound condition statement can you please identify what the necessary and sufficient condition(s) is?
roflcoptersoisoi Wrote:roflcoptersoisoi Wrote:sumukh09 Wrote:We have a set of conditional statements in the stimulus and the question asks us what can be concluded on the basis of these conditional statements.
1: Fully Utilized ---> Industrial Growth ---> New Capital Investment
2: Reduction in Interest Rate ---> New Capital Investment
Can we conclude A? No because we don't know anything about any exceptional cases in which interest rates might be reduced.
B) is correct because "precondition" means a necessary condition and a necessary condition for industrial growth is new capital investment and a reduction in interest rates triggers new capital investment. So if we have a reduction in interest rates then we have new capital investment which is a precondition for industrial growth.
C) out of scope
D) Not provable given the information in the stim
E) is reversed
If the first logic chain is supposed to be a compound condition statement can you please identify what the necessary and sufficient condition(s) is?
The first logical chain is an embedded conditional, not a compounded one, so it reads as: MCFU --> ( IG --> NCI)