Recently in City X, residential developers have stopped buying land, contractors are going without work for longer periods, and specialty workers such as electricians are relying more on less lucrative, existing-home remodeling jobs. There must be fewer new residents moving to City X than there were previously.
Which of the following, if true, indicates a flaw in the reasoning above?
This year several housing developments have gone on the market after being held up for months by legal red tape.
The average size of a new home has increased significantly over the past several years.
The population of City X is projected to grow by 4% this year, compared with only 3% for last year.
The cost of materials such as lumber and cement has decreased over the past year.
Sales of other big-ticket items, such as automobiles and boats, have remained steady over the past year.
Which of the following, if true, indicates a flaw in the reasoning above?
This year several housing developments have gone on the market after being held up for months by legal red tape.
The average size of a new home has increased significantly over the past several years.
The population of City X is projected to grow by 4% this year, compared with only 3% for last year.
The cost of materials such as lumber and cement has decreased over the past year.
Sales of other big-ticket items, such as automobiles and boats, have remained steady over the past year.
