PT112.S1.Q12

PrepTest 112 - Section 1 - Question 12

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The consumer price index is a measure that detects monthly changes in the retail prices of goods and services. ███ ███████ ██ ████ ██████████ ██████████ ████████ ██ █████ ██ ███ ████████ █████ █████ ██ ████ █████ ████████ ███████ ███ ██████ ██ ███ ████ ██ ██████ ██ ███ █████ ████████ ████████ ███ ████████ █████ █████ ████ ███ ████████ █████████████ ███████████ ████ ███ ███████████ ██████ ███ ████ ██ █████████ ████ ██████ ██████████ ███ █████ ██ ██████████ ████████ ██ █████████ ███████ ████ ██ █████████ ██ ███ ████ ██████ ██ ██████

Summarize Argument

The author concludes that the value of government benefits is sometimes greater than is warranted by the true change in costs because consumer price index doesn't account for technological advances that may significantly lower production costs.

Identify and Describe Flaw

The author concludes that government benefits can sometimes be too high because the consumer price index (CPI) doesn't consider technological advances that may reduce production costs. However, he also explains that the CPI tracks changes in retail prices.

Even if production costs go down, we don't know whether this will impact retail prices. Also, the CPI still measures retail price changes, which reflects the cost of living, so production cost changes are irrelevant.

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12.

The reasoning in the argument ██ ████ ██████████ ██ ███ █████████ ████ ███ ████████

a

fails to consider ███ ███████████ ████ █████ ███ █████ ██ █████ █████ ██ ██ ██████ ██ ███ ████████ █████ █████

b

fails to make ████████ █████ █████ ███ ████████ ███ ████████ ██ ███ ████████ █████ █████

c

presumes, without providing ████████ ████ ██████████ ████████ ███ ███ █████████ ████ ██ ████████ ███████ █████

d

uncritically draws an █████████ ████ ████ ███ ████ ████ ██ ███ ████ ██ ████ ████ ██ ████ ██ ███ ██████

e

makes an irrelevant █████ ████ ██████████ ██████ ██████ ██ ██████████ ██████████ █████

Confirm action

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