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MGMAT Boldface Q: Interest rates

Expert replies
by ollapodrida » Fri May 18, 2012 1:57 am
If interest rates remain at their current high levels, many people who currently rent their residences will hesitate to purchase homes. As the price of real estate continues to climb, the costs of a mortgage will be too burdensome. Sellers will be forced to lower their asking prices. So, high interest rates will eventually cause the real estate market to stabilize.

In the argument above, the portions in boldface play which of the following roles?

A. The first is the author's main point; the second is a prediction that follows from that point.

B. The first is a consideration that the author believes will result in a certain situation; the second is that situation.

C. The first is a consideration that weighs against the author's main point; the second is the author's main point.

D. The first is a prediction; the second is evidence in support of that prediction.

E. The first is the author's main point; the second is evidence used to argue against that point.

OA after some discussion
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Source: — Critical Reasoning |

by Gaurav 2013-fall » Fri May 18, 2012 2:42 am
IMO A from POE
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