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The nation is still recovering from a crushing recession that sent unemployment hovering above nine percent for two straight years. The president, mindful of soaring deficits, is pushing bold action to shore up the nation's balance sheet. Cloaking himself in the language of class warfare, he calls on a hostile Congress to end wasteful tax breaks for the rich.
Q. Which of the following may be inferred from the given information?
Q. Which of the following may be inferred from the given information?
- a)The economy might be in the doldrums for a while, given the present trend.
- b)The nation has ample liquid funds in its coffers.
- c)The Congress wants to reduce the amount of money being paid as taxes by the rich.
- d)There is a strife going on between the rich and the poor in the USA.
- e)Both options A and C
Correct answer is option 'E'. Can you explain this answer?
Verified Answer
The nation is still recovering from a crushing recession that sent une...
Options A and C can easily be deduced from the statements given in the passage. There is no evidence, however, to prove that the congress actually wants to reduce the taxes, because they merely oppose the idea of wasteful tax breaks for the rich.
Most Upvoted Answer
The nation is still recovering from a crushing recession that sent une...
The Economic Situation
The passage indicates that the nation is recovering from a significant recession, with unemployment remaining high at over nine percent for two consecutive years. This suggests that the economy is still fragile, which leads to the inference:
- The economy might be in the doldrums for a while, given the present trend.
This option reflects the ongoing challenges in the economy, indicating a slow recovery process.
The Fiscal Policy and Class Warfare
The president's push to end wasteful tax breaks for the wealthy indicates a contentious relationship between different economic classes. The use of "class warfare" language suggests:
- The Congress wants to reduce the amount of money being paid as taxes by the rich.
While the Congress may not be uniformly hostile, the president's stance implies a divide on fiscal policy, hinting at attempts to address wealth disparities.
Conclusion
Based on the information provided, the correct inference combines both A and C:
- Both options A and C are valid and reflect the current economic and political landscape, showcasing ongoing economic difficulties and the contentious debate surrounding taxation and wealth distribution.
This analysis highlights the intricate relationship between economic conditions and political actions, illustrating how economic recovery efforts can lead to class-based tensions.
The passage indicates that the nation is recovering from a significant recession, with unemployment remaining high at over nine percent for two consecutive years. This suggests that the economy is still fragile, which leads to the inference:
- The economy might be in the doldrums for a while, given the present trend.
This option reflects the ongoing challenges in the economy, indicating a slow recovery process.
The Fiscal Policy and Class Warfare
The president's push to end wasteful tax breaks for the wealthy indicates a contentious relationship between different economic classes. The use of "class warfare" language suggests:
- The Congress wants to reduce the amount of money being paid as taxes by the rich.
While the Congress may not be uniformly hostile, the president's stance implies a divide on fiscal policy, hinting at attempts to address wealth disparities.
Conclusion
Based on the information provided, the correct inference combines both A and C:
- Both options A and C are valid and reflect the current economic and political landscape, showcasing ongoing economic difficulties and the contentious debate surrounding taxation and wealth distribution.
This analysis highlights the intricate relationship between economic conditions and political actions, illustrating how economic recovery efforts can lead to class-based tensions.
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The nation is still recovering from a crushing recession that sent unemployment hovering above nine percent for two straight years. The president, mindful of soaring deficits, is pushing bold action to shore up the nation's balance sheet. Cloaking himself in the language of class warfare, he calls on a hostile Congress to end wasteful tax breaks for the rich.Q. Which of the following may be inferred from the given information?a)The economy might be in the doldrums for a while, given the present trend.b)The nation has ample liquid funds in its coffers.c)The Congress wants to reduce the amount of money being paid as taxes by the rich.d)There is a strife going on between the rich and the poor in the USA.e)Both options A and CCorrect answer is option 'E'. Can you explain this answer?
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The nation is still recovering from a crushing recession that sent unemployment hovering above nine percent for two straight years. The president, mindful of soaring deficits, is pushing bold action to shore up the nation's balance sheet. Cloaking himself in the language of class warfare, he calls on a hostile Congress to end wasteful tax breaks for the rich.Q. Which of the following may be inferred from the given information?a)The economy might be in the doldrums for a while, given the present trend.b)The nation has ample liquid funds in its coffers.c)The Congress wants to reduce the amount of money being paid as taxes by the rich.d)There is a strife going on between the rich and the poor in the USA.e)Both options A and CCorrect answer is option 'E'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about The nation is still recovering from a crushing recession that sent unemployment hovering above nine percent for two straight years. The president, mindful of soaring deficits, is pushing bold action to shore up the nation's balance sheet. Cloaking himself in the language of class warfare, he calls on a hostile Congress to end wasteful tax breaks for the rich.Q. Which of the following may be inferred from the given information?a)The economy might be in the doldrums for a while, given the present trend.b)The nation has ample liquid funds in its coffers.c)The Congress wants to reduce the amount of money being paid as taxes by the rich.d)There is a strife going on between the rich and the poor in the USA.e)Both options A and CCorrect answer is option 'E'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The nation is still recovering from a crushing recession that sent unemployment hovering above nine percent for two straight years. The president, mindful of soaring deficits, is pushing bold action to shore up the nation's balance sheet. Cloaking himself in the language of class warfare, he calls on a hostile Congress to end wasteful tax breaks for the rich.Q. Which of the following may be inferred from the given information?a)The economy might be in the doldrums for a while, given the present trend.b)The nation has ample liquid funds in its coffers.c)The Congress wants to reduce the amount of money being paid as taxes by the rich.d)There is a strife going on between the rich and the poor in the USA.e)Both options A and CCorrect answer is option 'E'. Can you explain this answer?.
The nation is still recovering from a crushing recession that sent unemployment hovering above nine percent for two straight years. The president, mindful of soaring deficits, is pushing bold action to shore up the nation's balance sheet. Cloaking himself in the language of class warfare, he calls on a hostile Congress to end wasteful tax breaks for the rich.Q. Which of the following may be inferred from the given information?a)The economy might be in the doldrums for a while, given the present trend.b)The nation has ample liquid funds in its coffers.c)The Congress wants to reduce the amount of money being paid as taxes by the rich.d)There is a strife going on between the rich and the poor in the USA.e)Both options A and CCorrect answer is option 'E'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about The nation is still recovering from a crushing recession that sent unemployment hovering above nine percent for two straight years. The president, mindful of soaring deficits, is pushing bold action to shore up the nation's balance sheet. Cloaking himself in the language of class warfare, he calls on a hostile Congress to end wasteful tax breaks for the rich.Q. Which of the following may be inferred from the given information?a)The economy might be in the doldrums for a while, given the present trend.b)The nation has ample liquid funds in its coffers.c)The Congress wants to reduce the amount of money being paid as taxes by the rich.d)There is a strife going on between the rich and the poor in the USA.e)Both options A and CCorrect answer is option 'E'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The nation is still recovering from a crushing recession that sent unemployment hovering above nine percent for two straight years. The president, mindful of soaring deficits, is pushing bold action to shore up the nation's balance sheet. Cloaking himself in the language of class warfare, he calls on a hostile Congress to end wasteful tax breaks for the rich.Q. Which of the following may be inferred from the given information?a)The economy might be in the doldrums for a while, given the present trend.b)The nation has ample liquid funds in its coffers.c)The Congress wants to reduce the amount of money being paid as taxes by the rich.d)There is a strife going on between the rich and the poor in the USA.e)Both options A and CCorrect answer is option 'E'. Can you explain this answer?.
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