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Reasoning - Logical Reasoning:

Logical Reasoning

MCQ - 234-8186

Question:

Last year the rate of inflation was 1.2 percent, but for the current year it has been 4 percent. We can conclude that inflation is on an upward trend and the rate will be still higher next year.

Which of the following, if true, most seriously weakens the conclusion above?

  1. The inflation figures were computed on-the basis of a representative sample of economic data rather than all of the available data.
  2. Last year a dip in oil prices brought inflation temporarily below its recent stable annual level of 4 percent.
  3. Increases in the pay of some workers are tied to the level of inflation, and at an inflation rate of 4 percent or above, these pay raises constitute a force causing further inflation.
  4. Last year a dip in oil prices brought inflation temporarily below its recent stable annual level of 4 percent.
  5. Government intervention cannot affect the rate of inflation to any significant degree.

Correct Answer: B

Explanation:

Option A : As long as the sample wasrepresentative, the figures should be accurate. This point does not weaken the conclusion.

Option B Correct : This statement suggests that the 1.2 percent inflation rate is an unusual occurrence in recent years. Especially because the dip below the stable 4 percent ratewas temporary, this unusual occurrence cannot be used as the basis for predicting a trend.

Option C : This statement explains oneprocess bywhich inflation increases and tends to support the conclusion that inflation will continue to rise.

Option D : This information implies, for example, that two years ago, the inflation rate was higher than 1.2 percent. This raises thepossibility (without stating it) that last year and theyear preceding mark a trend of declining inflation (and that the current year's 4 percent is an aberration).

However, if the inflation rate two years ago was only slightly higher than 1.2 percent (for example, 1.25 percent), then it would be difficult to regard these two numbers as signaling a trend of declining inflation. Wed not have enough information here to regard this as a significant weakener. The information is sufficient to justify a little doubt about the argument's conclusion—but not at all specific enough to undermine the argument's conclusion as much as does answer choice (B).

Option E : The failure of government intervention to affect the rate of inflation could be seen to support, not weaken, the conclusion.

The correct answer is B.

Record Performance

243 MCQ for effective preparation of the test of Logical Reasoning of Logical Reasoning section.

Read the MCQ statement: Last year the rate of inflation was 1.2 percent, but for the current year it has been 4 percent. We can conclude that inflation is on an upward trend .... onclusion above? , keenly and apply the method you have learn through the video lessons for Logical Reasoning to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 234-8186.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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