Self-study
Robin: When a region's economy is faltering, many people lose their jobs. ██ █ ███████ ████████ ██ ████████ █████ █████████ ███████ ██ ████ ██ ████ ████ ████ ███ █ █████████ ██ ███ ████████ ███████████ ███ ███████ ███████ ██ ███ ████ ██████ █████████ ███ █████ ██████ █████████ ██████ ██ ████████ ████████ ██ ████████ ██████ ███ ████ ██████ ████████ ███████ ██ ████████ ████████████
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Summarize Argument
Robin argues that once prices collapse in a faltering economy, the economy will begin to improve as people take advantage of low prices and spending increases. Terry argues that price collapse does not lead to economic improvement because people can’t increase spending without jobs and money.
Notable Assumptions
Terry assumes that in an economy so poor that prices collapse, people do not have the jobs and/or money to take advantage of the lower prices and increase spending at a macro level.
13.
Which one of the following, ██ █████ ████ ██████████ ███████ █████████ ██ ███████ █████████
a
Companies hire more ███████ █████ ███ ███████ ██████ ██ ███████ ██████ ███ ████ █████ █████ ███████ ████ ████ █████████████ ██████████
This does not affect Terry’s argument, which focuses not on what happens after the economy begins to improve, but on how the economy improves in the first place.
b
Even when economic ██████████ ███ ██████████ █████████ ███████ ████ ███ ███████ ████ ██████████ ████████
This does not affect Terry’s argument. Individuals may realize the economy will eventually improve and still have no jobs or money to take advantage of lower prices.
c
Even people who ██ ███ ████ █████ ████ █████ ████ ██ ███ ████████ █████ ███ ████ ████ ███████ █████████ ██ █████ ████ ██████ █████████
This weakens Terry’s argument. It attacks his assumption that, in a faltering economy, there aren’t people with the resources to take advantage of lower prices and stimulate the economy enough for improvement. (C) says some people do have money to stimulate the economy.
d
People who have ████ █████ ████ ████ ████████ ██ ███ ████ █████ █████ ████ ██ █████ ████ ██████ ███ ████████ ██████
This does not affect Terry’s argument, which specifically notes that people have no money for anything other than basic necessities.
e
The prices of ████ ████████ █████ ██████ ███████ ████ ██████ █ ███████ █████ █████████
This does not affect Terry’s argument, which relies on the idea that regardless of whether prices are consistent or lower, people cannot afford to increase their spending in a faltering economy.