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Dr. Nash: Drug addiction/ abuse control programs that guarantee results mislead their customers. No program can ensure that someone who follows it will stop abusing drugs. These programs target dissatisfied and insecure people who are often driven more by emotion than by reason. Furthermore, many people who stop abusing drugs while on a program eventually start consuming drugs and again get addicted within a year. Therefore, while the programs’ give results for a short period, customers will be disappointed in the long term.
The two boldface portions in the argument above are best described by which of the following statements?
  • a)
    The first is a generalization; the second is a consequence of that generalization
  • b)
    The first is Dr. Nash’s position; the second is a consideration in support of that position.
  • c)
    The first is an opinion under examination; the second is evidence weighing against that opinion.
  • d)
    The first is an assertion that the Dr. Nash questions; the second is evidence in support of that assertion.
  • e)
    The first is evidence in support of the Dr. Nash’s main point; the second is his main point.
Correct answer is option 'B'. Can you explain this answer?
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Dr. Nash: Drug addiction/ abuse control programs that guarantee result...
The conclusion of this argument is the first sentence: “Addiction control programs that guarantee results mislead their customers.” The rest of the stimulus is evidence in support of that conclusion. The correct answer will state the first boldface portion as the conclusion, and the second boldface portion as evidence in support of the conclusion.
(A) The first is a generalization; the second is a consequence of that generalization
The first boldface portion is a clear assertion, not a generalization. The second boldface portion is not a consequence of the first.
(B) The first is Dr. Nash’s position; the second is a consideration in support of that position.
CORRECT. The first boldface portion is Dr. Nash's position, or conclusion. The second boldface portion is a consideration in support of the position stated in the first boldface portion.
(C) The first is an opinion under examination; the second is evidence weighing against that opinion.
The second boldface portion is evidence in support of the opinion stated in the first boldface portion, and not weighing against it.
(D) The first is an assertion that the Dr. Nash questions; the second is evidence in support of that assertion.
The first boldface portion is Dr. Nash’s assertion, not the one that he questions.
(E) The first is evidence in support of the Dr. Nash’s main point; the second is his main point.
The first boldface portion is the Dr. Nash’s main point, not evidence in support of it. The second boldface portion is not his main point, but a support for it. This answer choice incorrectly reverses the roles that each of the boldfaced portions play in the argument.
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Dr. Nash: Drug addiction/ abuse control programs that guarantee result...
The conclusion of this argument is the first sentence: “Addiction control programs that guarantee results mislead their customers.” The rest of the stimulus is evidence in support of that conclusion. The correct answer will state the first boldface portion as the conclusion, and the second boldface portion as evidence in support of the conclusion.
(A) The first is a generalization; the second is a consequence of that generalization
The first boldface portion is a clear assertion, not a generalization. The second boldface portion is not a consequence of the first.
(B) The first is Dr. Nash’s position; the second is a consideration in support of that position.
CORRECT. The first boldface portion is Dr. Nash's position, or conclusion. The second boldface portion is a consideration in support of the position stated in the first boldface portion.
(C) The first is an opinion under examination; the second is evidence weighing against that opinion.
The second boldface portion is evidence in support of the opinion stated in the first boldface portion, and not weighing against it.
(D) The first is an assertion that the Dr. Nash questions; the second is evidence in support of that assertion.
The first boldface portion is Dr. Nash’s assertion, not the one that he questions.
(E) The first is evidence in support of the Dr. Nash’s main point; the second is his main point.
The first boldface portion is the Dr. Nash’s main point, not evidence in support of it. The second boldface portion is not his main point, but a support for it. This answer choice incorrectly reverses the roles that each of the boldfaced portions play in the argument.
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A mark-to-market (or fair valu e) accounting regime requires that the marketable assets held by a company be accounted for at market value. The rationale for adopting such a rule is to enhance market transparency, thereby facilitating better investment decision-making and more efficient capital allocation. But while mark-to-market improves the information available to market participants, it also has undesirable systemic implications in times of financial turbulence.Mark-to-market can amplify the effects of financial distress in a couple of important ways. First, when liquidity shortages and/or capital requirements force companies to sell illiquid assets, the market value of these assets diminishes. Under a mark-to-market regime, this loss of value impacts the balance sheets of all other owners of these assets as well. These mark-to-market losses can generate further contagion insofar as they lead to further forced sales and further reductions of the market value of illiquid assets.Second, mark-to-market can result in direct balance-sheet transmission of losses. In networks of financially interconnected agents, where someones assets are someone elses liabilities, mark-to-market can trigger a domino effect of debt deflation even in the absence of defaults. When a financial operator suffers a loss of value of some of its assets, this loss diminishes the market value of its outstanding debt. Then the holders of such debt, insofar as they mark it to market, suffer a loss that worsens their own balance sheets and shrinks the market value of their own outstanding debt. In this scenario, the transmission of losses from debt-issuers to debt-holders does not require the occurrence of defaults, as mark-to-market turns expected losses (embedded in market prices) into accounted losses.Conversely, under a historical cost accounting regime, the transmission of losses from an agent towards his creditors occurs only in case of default. Because of this simple difference, the flow of losses that crosses a financial network, induced by an exogenous negative shock, is larger with mark-to-market accounting, exposing the financial network to elevated systemic risk.According to the passage, a mark-to-market (or fair value) accounting regime requires that the marketable assets held by a company be accounted for at market value, and mark-to-market improves the information available to market participants. Which of the following best describes the relationship between the two highlighted statements?

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Dr. Nash: Drug addiction/ abuse control programs that guarantee results mislead their customers. No program can ensure that someone who follows it will stop abusing drugs. These programs target dissatisfied and insecure people who are often driven more by emotion than by reason. Furthermore, many people who stop abusing drugs while on a program eventually start consuming drugs and again get addicted within a year. Therefore, while the programs’ give results for a short period, customers will be disappointed in the long term.The two boldface portions in the argument above are best described by which of the following statements?a)The first is a generalization; the second is a consequence of that generalizationb)The first is Dr. Nash’s position; the second is a consideration in support of that position.c)The first is an opinion under examination; the second is evidence weighing against that opinion.d)The first is an assertion that the Dr. Nash questions; the second is evidence in support of that assertion.e)The first is evidence in support of the Dr. Nash’s main point; the second is his main point.Correct answer is option 'B'. Can you explain this answer?
Question Description
Dr. Nash: Drug addiction/ abuse control programs that guarantee results mislead their customers. No program can ensure that someone who follows it will stop abusing drugs. These programs target dissatisfied and insecure people who are often driven more by emotion than by reason. Furthermore, many people who stop abusing drugs while on a program eventually start consuming drugs and again get addicted within a year. Therefore, while the programs’ give results for a short period, customers will be disappointed in the long term.The two boldface portions in the argument above are best described by which of the following statements?a)The first is a generalization; the second is a consequence of that generalizationb)The first is Dr. Nash’s position; the second is a consideration in support of that position.c)The first is an opinion under examination; the second is evidence weighing against that opinion.d)The first is an assertion that the Dr. Nash questions; the second is evidence in support of that assertion.e)The first is evidence in support of the Dr. Nash’s main point; the second is his main point.Correct answer is option 'B'. Can you explain this answer? for GMAT 2024 is part of GMAT preparation. The Question and answers have been prepared according to the GMAT exam syllabus. Information about Dr. Nash: Drug addiction/ abuse control programs that guarantee results mislead their customers. No program can ensure that someone who follows it will stop abusing drugs. These programs target dissatisfied and insecure people who are often driven more by emotion than by reason. Furthermore, many people who stop abusing drugs while on a program eventually start consuming drugs and again get addicted within a year. Therefore, while the programs’ give results for a short period, customers will be disappointed in the long term.The two boldface portions in the argument above are best described by which of the following statements?a)The first is a generalization; the second is a consequence of that generalizationb)The first is Dr. Nash’s position; the second is a consideration in support of that position.c)The first is an opinion under examination; the second is evidence weighing against that opinion.d)The first is an assertion that the Dr. Nash questions; the second is evidence in support of that assertion.e)The first is evidence in support of the Dr. Nash’s main point; the second is his main point.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for GMAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Dr. Nash: Drug addiction/ abuse control programs that guarantee results mislead their customers. No program can ensure that someone who follows it will stop abusing drugs. These programs target dissatisfied and insecure people who are often driven more by emotion than by reason. Furthermore, many people who stop abusing drugs while on a program eventually start consuming drugs and again get addicted within a year. Therefore, while the programs’ give results for a short period, customers will be disappointed in the long term.The two boldface portions in the argument above are best described by which of the following statements?a)The first is a generalization; the second is a consequence of that generalizationb)The first is Dr. Nash’s position; the second is a consideration in support of that position.c)The first is an opinion under examination; the second is evidence weighing against that opinion.d)The first is an assertion that the Dr. Nash questions; the second is evidence in support of that assertion.e)The first is evidence in support of the Dr. Nash’s main point; the second is his main point.Correct answer is option 'B'. Can you explain this answer?.
Solutions for Dr. Nash: Drug addiction/ abuse control programs that guarantee results mislead their customers. No program can ensure that someone who follows it will stop abusing drugs. These programs target dissatisfied and insecure people who are often driven more by emotion than by reason. Furthermore, many people who stop abusing drugs while on a program eventually start consuming drugs and again get addicted within a year. Therefore, while the programs’ give results for a short period, customers will be disappointed in the long term.The two boldface portions in the argument above are best described by which of the following statements?a)The first is a generalization; the second is a consequence of that generalizationb)The first is Dr. Nash’s position; the second is a consideration in support of that position.c)The first is an opinion under examination; the second is evidence weighing against that opinion.d)The first is an assertion that the Dr. Nash questions; the second is evidence in support of that assertion.e)The first is evidence in support of the Dr. Nash’s main point; the second is his main point.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for GMAT. Download more important topics, notes, lectures and mock test series for GMAT Exam by signing up for free.
Here you can find the meaning of Dr. Nash: Drug addiction/ abuse control programs that guarantee results mislead their customers. No program can ensure that someone who follows it will stop abusing drugs. These programs target dissatisfied and insecure people who are often driven more by emotion than by reason. Furthermore, many people who stop abusing drugs while on a program eventually start consuming drugs and again get addicted within a year. Therefore, while the programs’ give results for a short period, customers will be disappointed in the long term.The two boldface portions in the argument above are best described by which of the following statements?a)The first is a generalization; the second is a consequence of that generalizationb)The first is Dr. Nash’s position; the second is a consideration in support of that position.c)The first is an opinion under examination; the second is evidence weighing against that opinion.d)The first is an assertion that the Dr. Nash questions; the second is evidence in support of that assertion.e)The first is evidence in support of the Dr. Nash’s main point; the second is his main point.Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Dr. Nash: Drug addiction/ abuse control programs that guarantee results mislead their customers. No program can ensure that someone who follows it will stop abusing drugs. These programs target dissatisfied and insecure people who are often driven more by emotion than by reason. Furthermore, many people who stop abusing drugs while on a program eventually start consuming drugs and again get addicted within a year. Therefore, while the programs’ give results for a short period, customers will be disappointed in the long term.The two boldface portions in the argument above are best described by which of the following statements?a)The first is a generalization; the second is a consequence of that generalizationb)The first is Dr. Nash’s position; the second is a consideration in support of that position.c)The first is an opinion under examination; the second is evidence weighing against that opinion.d)The first is an assertion that the Dr. Nash questions; the second is evidence in support of that assertion.e)The first is evidence in support of the Dr. Nash’s main point; the second is his main point.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Dr. Nash: Drug addiction/ abuse control programs that guarantee results mislead their customers. No program can ensure that someone who follows it will stop abusing drugs. These programs target dissatisfied and insecure people who are often driven more by emotion than by reason. Furthermore, many people who stop abusing drugs while on a program eventually start consuming drugs and again get addicted within a year. Therefore, while the programs’ give results for a short period, customers will be disappointed in the long term.The two boldface portions in the argument above are best described by which of the following statements?a)The first is a generalization; the second is a consequence of that generalizationb)The first is Dr. Nash’s position; the second is a consideration in support of that position.c)The first is an opinion under examination; the second is evidence weighing against that opinion.d)The first is an assertion that the Dr. Nash questions; the second is evidence in support of that assertion.e)The first is evidence in support of the Dr. Nash’s main point; the second is his main point.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Dr. Nash: Drug addiction/ abuse control programs that guarantee results mislead their customers. No program can ensure that someone who follows it will stop abusing drugs. These programs target dissatisfied and insecure people who are often driven more by emotion than by reason. Furthermore, many people who stop abusing drugs while on a program eventually start consuming drugs and again get addicted within a year. Therefore, while the programs’ give results for a short period, customers will be disappointed in the long term.The two boldface portions in the argument above are best described by which of the following statements?a)The first is a generalization; the second is a consequence of that generalizationb)The first is Dr. Nash’s position; the second is a consideration in support of that position.c)The first is an opinion under examination; the second is evidence weighing against that opinion.d)The first is an assertion that the Dr. Nash questions; the second is evidence in support of that assertion.e)The first is evidence in support of the Dr. Nash’s main point; the second is his main point.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Dr. Nash: Drug addiction/ abuse control programs that guarantee results mislead their customers. No program can ensure that someone who follows it will stop abusing drugs. These programs target dissatisfied and insecure people who are often driven more by emotion than by reason. Furthermore, many people who stop abusing drugs while on a program eventually start consuming drugs and again get addicted within a year. Therefore, while the programs’ give results for a short period, customers will be disappointed in the long term.The two boldface portions in the argument above are best described by which of the following statements?a)The first is a generalization; the second is a consequence of that generalizationb)The first is Dr. Nash’s position; the second is a consideration in support of that position.c)The first is an opinion under examination; the second is evidence weighing against that opinion.d)The first is an assertion that the Dr. Nash questions; the second is evidence in support of that assertion.e)The first is evidence in support of the Dr. Nash’s main point; the second is his main point.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice GMAT tests.
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