LSAT PrepTest 106 - Section 4 - Passage 3 - Question 17

Hide analysis

Recently, a new school of economics called steady-state economics has seriously challenged neoclassical economics, the reigning school in Western economic decision making. ███

Intro topic · Steady-state economics (new view) vs. neoclassical economics (traditional view)

Neoclassical view · Economy is closed system between producers and consumers

Growth is necessary and unlimited

Steady-state view · Economy is open system dependent on nature

Neoclassical view is wrong; not a closed system. Resources enter system, waste leaves.

█████████ ██ █████ ███████████ ████████ ███████ ████████ ██ ██████████ ███ ████████ ███ ██████ █████ ████████ ████ █████ ██ ██ ███████ ████ ███ ███ ████████ ███ ████ ██████ ██████ ████ █████ █████ █████ ████████ ███ ████ ██ ███ ███████████ ██ █ ██████ ████ ████ ███ ███████ ██ █████████ ███ ██████████ ██████████ ██████ ████ ██████████ ██████ ████ ███████ ████████████ ██████████ ████ ███████ ████ ███ ███████ ██ ██ ████ ███████ ███████ ██ ██████████ ███ ████ ███ ████ ███████████ ██ ██ ████████ █ █████ ██ █████ ███ ███████ ███████ ██ ███████████ ████ ███████ ███

Implications · of steady-state view

Growth is neither necessary nor unlimited. Economy has optimal size in theory. Too much growth is dangerous because it depletes resources and creates waste.

Neoclassical rebuttal · Natural resources can be replaced if depleted

problem · according to steady-state view

Western economies have exceeded optimal size

██ ████████ ██ ███ ████████ ████ ████████████ ██████████ ████ ████████ ████████ ██████ ████ █████ ██ ████████ ███████████ ████ █████ ████ █████ ███ ████████████ ██ ██████ ████ █████ ██████████ ████ ██ ████████ ██ ███ ████████ ███ ████████████ ██ █████ ██████ ███ ██ █████ ████████████ ██ █████████████ ██████████████████ ████████ ██████████ ███ ██████████ ██ ████████ ███ ███████ █████ ████ ██ ███████████████████ ████ ██████ ██ ████ ██ ██ ████████████ ███ █████████████ █████████ ███████████ ██ ████████ ██████████ ██████ ████ ██ ████████ ██ ███ ██████ ██ ██████████ ███ ███████ ██ ███ ███████ ██ █ ████████████ ███████ █████ ██ ███ ██████ ██ █████ ██ █████ █████████ ████████████ ██ ███████ ████ ██ █████████████ ███████ ███████████ ███ ███████ ██ ███████ ███ █████ ██ █████████ ███ ██████████

Solution · according to steady-state view

Meet human wants without growth, e.g. by using resources more efficiently

Passage Style

Critique or debate

17.

A steady-state economist would be █████ ██████ ██ ███████ █████ ███ ██ ███ █████████ ██ █ █████ ██ ███████ █ ████████████ ███████ ██████ ██████ ███████ ████████████ ███ ███████ ██ ███████ █████ ██████

Question Type

Implied

Other’s perspective

This is an Inference from the steady-state economists’ perspective question. We know from P3 that ways to reduce growth in a steady-state economy without compromising the economy’s ability to satisfy human wants include conservation methods like recycling and improved resource management. Since the question asks for what the steady-state economists are LEAST likely to endorse, we are looking for an answer that does NOT show the use of these strategies.

a manufacturer's commitment ██ ███████ ███ ███████ █████████

This is an example of using conservation in manufacturing through recycling, so the steady-state economists would endorse this.

a manufacturer's decision ██ ███ █ ████ █████████ ████ ██ ███ ██████████ ███████

This scenario shows an improvement in cost efficiency, not conservation or a more efficient use of resources, so it does not align with the methods highlighted by the steady-state economists.

81%

a manufacturer's implementation ██ █ ███████████████ ███████ ██ ██████ ███ ██████ ██ █████████ ████████

This is an example of conservation through reducing defective outputs, so the steady-state economists would endorse this.

a manufacturer's conversion ████ ███ ████ ██ ██████████ ███████ ██ ███████ ████ ███████ ████ ██████████

This is an example of improving resource management by using a more efficient fuel, so the steady-state economists would endorse this.

a manufacturer's reduction ██ ██████ ██ █████ ██ █████████ ██ ██████████████ ███████

This is an example of using conservation methods to reduce overproduction, so the steady-state economists would endorse this.

Answer five questions and we'll estimate your score.

It takes about five minutes.

Take the free diagnostic

More free LSAT prep: Sample LSAT questions Full-length diagnostic & practice test All free LSAT resources

PrepTest 106 - Section 4 - Passage 3 - Question 17

Answer five questions and we'll estimate your score.

Difficulty

Analysis

Answer Popularity

Question history

Confirm action

PrepTest 106 - Section 4 - Passage 3 - Question 17

Answer five questions and we'll estimate your score.

Difficulty

Analysis

Answer Popularity

Question history

Want to know why the right answer is right?