Question Description
Recently,some economists have concluded that the major impediment to job growth in the U.S. is the enormous national debt. While many politicians would like to stimulate job growth by increasing government spending, these economists believe it will have the opposite effect and thus want to cut spending immediately.Historically, when total debt levels exceed 90% of domestic GDP, economic growth falls significantly causing job losses and overall economic malaise.The current U.S. debt is over 96% of GDP, so it is hard to argue the importance of decreasing this percentage and the economists are correct on this point. However, what these economists fail to understand is that cutting spending at this critical juncture would put too much pressure on a fragile economy. In the short term, spending should be left at current levels and revenue should be increased by increasing taxes on wealthy individuals and some corporations. As the economy strengthens, then spending can be decreased with the goal of reducing the debt percentage of GDP to a figure below 90%.Q. The portions inunderlineplay which of the following roles?a)The first underlined portion is an opinion that the author of this argument believes is incorrect; the second underlined portion is support for that opinion.b)The first underlined portion is an opinion that the author believes is correct; the second underlined portion is support for that opinion.c)The first underlined portion is an opinion that the author of this argument believes is incorrect; the second underlined portion is support for the author’s conclusion.d)The first underlined portion is an opinion upon which the author’s conclusion is based; the second underlined portion is evidence that contradicts that conclusion.e)The first underlined portion is the author’s conclusion; the second underlined portion is support for that conclusion.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 Recently,some economists have concluded that the major impediment to job growth in the U.S. is the enormous national debt. While many politicians would like to stimulate job growth by increasing government spending, these economists believe it will have the opposite effect and thus want to cut spending immediately.Historically, when total debt levels exceed 90% of domestic GDP, economic growth falls significantly causing job losses and overall economic malaise.The current U.S. debt is over 96% of GDP, so it is hard to argue the importance of decreasing this percentage and the economists are correct on this point. However, what these economists fail to understand is that cutting spending at this critical juncture would put too much pressure on a fragile economy. In the short term, spending should be left at current levels and revenue should be increased by increasing taxes on wealthy individuals and some corporations. As the economy strengthens, then spending can be decreased with the goal of reducing the debt percentage of GDP to a figure below 90%.Q. The portions inunderlineplay which of the following roles?a)The first underlined portion is an opinion that the author of this argument believes is incorrect; the second underlined portion is support for that opinion.b)The first underlined portion is an opinion that the author believes is correct; the second underlined portion is support for that opinion.c)The first underlined portion is an opinion that the author of this argument believes is incorrect; the second underlined portion is support for the author’s conclusion.d)The first underlined portion is an opinion upon which the author’s conclusion is based; the second underlined portion is evidence that contradicts that conclusion.e)The first underlined portion is the author’s conclusion; the second underlined portion is support for that conclusion.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 Recently,some economists have concluded that the major impediment to job growth in the U.S. is the enormous national debt. While many politicians would like to stimulate job growth by increasing government spending, these economists believe it will have the opposite effect and thus want to cut spending immediately.Historically, when total debt levels exceed 90% of domestic GDP, economic growth falls significantly causing job losses and overall economic malaise.The current U.S. debt is over 96% of GDP, so it is hard to argue the importance of decreasing this percentage and the economists are correct on this point. However, what these economists fail to understand is that cutting spending at this critical juncture would put too much pressure on a fragile economy. In the short term, spending should be left at current levels and revenue should be increased by increasing taxes on wealthy individuals and some corporations. As the economy strengthens, then spending can be decreased with the goal of reducing the debt percentage of GDP to a figure below 90%.Q. The portions inunderlineplay which of the following roles?a)The first underlined portion is an opinion that the author of this argument believes is incorrect; the second underlined portion is support for that opinion.b)The first underlined portion is an opinion that the author believes is correct; the second underlined portion is support for that opinion.c)The first underlined portion is an opinion that the author of this argument believes is incorrect; the second underlined portion is support for the author’s conclusion.d)The first underlined portion is an opinion upon which the author’s conclusion is based; the second underlined portion is evidence that contradicts that conclusion.e)The first underlined portion is the author’s conclusion; the second underlined portion is support for that conclusion.Correct answer is option 'B'. Can you explain this answer?.
Solutions for Recently,some economists have concluded that the major impediment to job growth in the U.S. is the enormous national debt. While many politicians would like to stimulate job growth by increasing government spending, these economists believe it will have the opposite effect and thus want to cut spending immediately.Historically, when total debt levels exceed 90% of domestic GDP, economic growth falls significantly causing job losses and overall economic malaise.The current U.S. debt is over 96% of GDP, so it is hard to argue the importance of decreasing this percentage and the economists are correct on this point. However, what these economists fail to understand is that cutting spending at this critical juncture would put too much pressure on a fragile economy. In the short term, spending should be left at current levels and revenue should be increased by increasing taxes on wealthy individuals and some corporations. As the economy strengthens, then spending can be decreased with the goal of reducing the debt percentage of GDP to a figure below 90%.Q. The portions inunderlineplay which of the following roles?a)The first underlined portion is an opinion that the author of this argument believes is incorrect; the second underlined portion is support for that opinion.b)The first underlined portion is an opinion that the author believes is correct; the second underlined portion is support for that opinion.c)The first underlined portion is an opinion that the author of this argument believes is incorrect; the second underlined portion is support for the author’s conclusion.d)The first underlined portion is an opinion upon which the author’s conclusion is based; the second underlined portion is evidence that contradicts that conclusion.e)The first underlined portion is the author’s conclusion; the second underlined portion is support for that conclusion.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 Recently,some economists have concluded that the major impediment to job growth in the U.S. is the enormous national debt. While many politicians would like to stimulate job growth by increasing government spending, these economists believe it will have the opposite effect and thus want to cut spending immediately.Historically, when total debt levels exceed 90% of domestic GDP, economic growth falls significantly causing job losses and overall economic malaise.The current U.S. debt is over 96% of GDP, so it is hard to argue the importance of decreasing this percentage and the economists are correct on this point. However, what these economists fail to understand is that cutting spending at this critical juncture would put too much pressure on a fragile economy. In the short term, spending should be left at current levels and revenue should be increased by increasing taxes on wealthy individuals and some corporations. As the economy strengthens, then spending can be decreased with the goal of reducing the debt percentage of GDP to a figure below 90%.Q. The portions inunderlineplay which of the following roles?a)The first underlined portion is an opinion that the author of this argument believes is incorrect; the second underlined portion is support for that opinion.b)The first underlined portion is an opinion that the author believes is correct; the second underlined portion is support for that opinion.c)The first underlined portion is an opinion that the author of this argument believes is incorrect; the second underlined portion is support for the author’s conclusion.d)The first underlined portion is an opinion upon which the author’s conclusion is based; the second underlined portion is evidence that contradicts that conclusion.e)The first underlined portion is the author’s conclusion; the second underlined portion is support for that conclusion.Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Recently,some economists have concluded that the major impediment to job growth in the U.S. is the enormous national debt. While many politicians would like to stimulate job growth by increasing government spending, these economists believe it will have the opposite effect and thus want to cut spending immediately.Historically, when total debt levels exceed 90% of domestic GDP, economic growth falls significantly causing job losses and overall economic malaise.The current U.S. debt is over 96% of GDP, so it is hard to argue the importance of decreasing this percentage and the economists are correct on this point. However, what these economists fail to understand is that cutting spending at this critical juncture would put too much pressure on a fragile economy. In the short term, spending should be left at current levels and revenue should be increased by increasing taxes on wealthy individuals and some corporations. As the economy strengthens, then spending can be decreased with the goal of reducing the debt percentage of GDP to a figure below 90%.Q. The portions inunderlineplay which of the following roles?a)The first underlined portion is an opinion that the author of this argument believes is incorrect; the second underlined portion is support for that opinion.b)The first underlined portion is an opinion that the author believes is correct; the second underlined portion is support for that opinion.c)The first underlined portion is an opinion that the author of this argument believes is incorrect; the second underlined portion is support for the author’s conclusion.d)The first underlined portion is an opinion upon which the author’s conclusion is based; the second underlined portion is evidence that contradicts that conclusion.e)The first underlined portion is the author’s conclusion; the second underlined portion is support for that conclusion.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Recently,some economists have concluded that the major impediment to job growth in the U.S. is the enormous national debt. While many politicians would like to stimulate job growth by increasing government spending, these economists believe it will have the opposite effect and thus want to cut spending immediately.Historically, when total debt levels exceed 90% of domestic GDP, economic growth falls significantly causing job losses and overall economic malaise.The current U.S. debt is over 96% of GDP, so it is hard to argue the importance of decreasing this percentage and the economists are correct on this point. However, what these economists fail to understand is that cutting spending at this critical juncture would put too much pressure on a fragile economy. In the short term, spending should be left at current levels and revenue should be increased by increasing taxes on wealthy individuals and some corporations. As the economy strengthens, then spending can be decreased with the goal of reducing the debt percentage of GDP to a figure below 90%.Q. The portions inunderlineplay which of the following roles?a)The first underlined portion is an opinion that the author of this argument believes is incorrect; the second underlined portion is support for that opinion.b)The first underlined portion is an opinion that the author believes is correct; the second underlined portion is support for that opinion.c)The first underlined portion is an opinion that the author of this argument believes is incorrect; the second underlined portion is support for the author’s conclusion.d)The first underlined portion is an opinion upon which the author’s conclusion is based; the second underlined portion is evidence that contradicts that conclusion.e)The first underlined portion is the author’s conclusion; the second underlined portion is support for that conclusion.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Recently,some economists have concluded that the major impediment to job growth in the U.S. is the enormous national debt. While many politicians would like to stimulate job growth by increasing government spending, these economists believe it will have the opposite effect and thus want to cut spending immediately.Historically, when total debt levels exceed 90% of domestic GDP, economic growth falls significantly causing job losses and overall economic malaise.The current U.S. debt is over 96% of GDP, so it is hard to argue the importance of decreasing this percentage and the economists are correct on this point. However, what these economists fail to understand is that cutting spending at this critical juncture would put too much pressure on a fragile economy. In the short term, spending should be left at current levels and revenue should be increased by increasing taxes on wealthy individuals and some corporations. As the economy strengthens, then spending can be decreased with the goal of reducing the debt percentage of GDP to a figure below 90%.Q. The portions inunderlineplay which of the following roles?a)The first underlined portion is an opinion that the author of this argument believes is incorrect; the second underlined portion is support for that opinion.b)The first underlined portion is an opinion that the author believes is correct; the second underlined portion is support for that opinion.c)The first underlined portion is an opinion that the author of this argument believes is incorrect; the second underlined portion is support for the author’s conclusion.d)The first underlined portion is an opinion upon which the author’s conclusion is based; the second underlined portion is evidence that contradicts that conclusion.e)The first underlined portion is the author’s conclusion; the second underlined portion is support for that conclusion.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Recently,some economists have concluded that the major impediment to job growth in the U.S. is the enormous national debt. While many politicians would like to stimulate job growth by increasing government spending, these economists believe it will have the opposite effect and thus want to cut spending immediately.Historically, when total debt levels exceed 90% of domestic GDP, economic growth falls significantly causing job losses and overall economic malaise.The current U.S. debt is over 96% of GDP, so it is hard to argue the importance of decreasing this percentage and the economists are correct on this point. However, what these economists fail to understand is that cutting spending at this critical juncture would put too much pressure on a fragile economy. In the short term, spending should be left at current levels and revenue should be increased by increasing taxes on wealthy individuals and some corporations. As the economy strengthens, then spending can be decreased with the goal of reducing the debt percentage of GDP to a figure below 90%.Q. The portions inunderlineplay which of the following roles?a)The first underlined portion is an opinion that the author of this argument believes is incorrect; the second underlined portion is support for that opinion.b)The first underlined portion is an opinion that the author believes is correct; the second underlined portion is support for that opinion.c)The first underlined portion is an opinion that the author of this argument believes is incorrect; the second underlined portion is support for the author’s conclusion.d)The first underlined portion is an opinion upon which the author’s conclusion is based; the second underlined portion is evidence that contradicts that conclusion.e)The first underlined portion is the author’s conclusion; the second underlined portion is support for that conclusion.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice GMAT tests.