California4jx wrote:vinaynp wrote:California4jx wrote:very surprisingly ... OA is D - I chose C .... why D ?
The argument says that the businesses catering to retired people (RP) will suffer as there is a % decrease of retired people.
C) is pointing to business in general and not business catered for retired people.
D) aptly says that even though % has decreases the number of retired people has increased.
Hence D). Hope this helps.
but how does it relates to the economy in Florida ? - In my opinion, D is out of scope.
Let us assume that the businesses serving retired people can serve 5 retirees.
10 years back: 5% of 100 retirees used to come to Florida. Everything was great.
In 10 years, there is a drop in the % from 5% to 2%. Let us suppose that the number of retirees have increase to 100 to 300. 2% of 300 is 6. Hence, the businesses will not suffer.
This is exactly what is being offered by D).
I hope this helps.