Real Estate Agent: Next year, the occupancy rate for residential rental properties in Riverton will increase despite projections of decreasing population in the city. Generally, when a cityandrsquo;s population decreases, so does the occupancy rate for residential rental properties. However, in the continuing climate of increasing interest rates on home mortgages, an unusually large number of Riverton residents who would typically buy homes will opt to rent instead.Q. The boldfaced statements (underlined) in the argument above play which of the following roles?a)The first is a conclusion drawn by the agent; the second is evidence that weighs against the agentandrsquo;s conclusion.b)The first is a consideration that weighs against the agentandrsquo;s prediction; the second is that prediction.c)The first describes a pattern of cause and effect; the second describes a situation for which this pattern will not hold.d)The first is the agentandrsquo;s prediction; the second is reasoning offered in support of this prediction.e)The first is an undisputed statement of fact; the second is a position that is supported by this fact.Correct answer is option 'D'. Can you explain this answer?

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Real Estate Agent: Next year,

the occupancy rate for residential rental properties in Riverton will increase despite projections of decreasing population in the city.

Generally, when a city’s population decreases, so does the occupancy rate for residential rental properties. However,

in the continuing climate of increasing interest rates on home mortgages, an unusually large number of Riverton residents who would typically buy homes will opt to rent instead.

Q. The boldfaced statements (underlined) in the argument above play which of the following roles?

a)
The first is a conclusion drawn by the agent; the second is evidence that weighs against the agent’s conclusion.
b)
The first is a consideration that weighs against the agent’s prediction; the second is that prediction.
c)
The first describes a pattern of cause and effect; the second describes a situation for which this pattern will not hold.
d)
The first is the agent’s prediction; the second is reasoning offered in support of this prediction.
e)
The first is an undisputed statement of fact; the second is a position that is supported by this fact.

Correct answer is option 'D'. Can you explain this answer?

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Real Estate Agent: Next year, the occupancy rate for residential renta...

In the first bold statement, the agent predicts, or concludes, that occupancy rates will increase despite decreasing population. The second bold statement describes the reasoning behind this prediction: if potential home-buyers are discouraged by high-interest rates on mortgages, they will opt to rent instead. So, the first statement is a prediction, and the second statement supports this prediction.

(A) The second statement does not weigh against the conclusion but rather supports it.

(B) The agent’s final prediction is made in the first bold statement, not the second bold statement.

(C) The first bold statement does not describe a pattern of cause and effect. In fact, it predicts the disjointed relationship between population and occupancy rates: as the population decreases, occupancy rates will increase.

(D) CORRECT. This choice describes the correct relationship between the two statements: the first is the conclusion, and the second supports this conclusion.

(E) The first statement is not an undisputed fact, but rather a prediction.

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Real Estate Agent: Next year, the occupancy rate for residential rental properties in Riverton will increase despite projections of decreasing population in the city. Generally, when a city’s population decreases, so does the occupancy rate for residential rental properties. However, in the continuing climate of increasing interest rates on home mortgages, an unusually large number of Riverton residents who would typically buy homes will opt to rent instead.Q. The boldfaced statements (underlined) in the argument above play which of the following roles?a)The first is a conclusion drawn by the agent; the second is evidence that weighs against the agent’s conclusion.b)The first is a consideration that weighs against the agent’s prediction; the second is that prediction.c)The first describes a pattern of cause and effect; the second describes a situation for which this pattern will not hold.d)The first is the agent’s prediction; the second is reasoning offered in support of this prediction.e)The first is an undisputed statement of fact; the second is a position that is supported by this fact.Correct answer is option 'D'. Can you explain this answer?

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Real Estate Agent: Next year, the occupancy rate for residential rental properties in Riverton will increase despite projections of decreasing population in the city. Generally, when a city’s population decreases, so does the occupancy rate for residential rental properties. However, in the continuing climate of increasing interest rates on home mortgages, an unusually large number of Riverton residents who would typically buy homes will opt to rent instead.Q. The boldfaced statements (underlined) in the argument above play which of the following roles?a)The first is a conclusion drawn by the agent; the second is evidence that weighs against the agent’s conclusion.b)The first is a consideration that weighs against the agent’s prediction; the second is that prediction.c)The first describes a pattern of cause and effect; the second describes a situation for which this pattern will not hold.d)The first is the agent’s prediction; the second is reasoning offered in support of this prediction.e)The first is an undisputed statement of fact; the second is a position that is supported by this fact.Correct answer is option 'D'. 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 Real Estate Agent: Next year, the occupancy rate for residential rental properties in Riverton will increase despite projections of decreasing population in the city. Generally, when a city’s population decreases, so does the occupancy rate for residential rental properties. However, in the continuing climate of increasing interest rates on home mortgages, an unusually large number of Riverton residents who would typically buy homes will opt to rent instead.Q. The boldfaced statements (underlined) in the argument above play which of the following roles?a)The first is a conclusion drawn by the agent; the second is evidence that weighs against the agent’s conclusion.b)The first is a consideration that weighs against the agent’s prediction; the second is that prediction.c)The first describes a pattern of cause and effect; the second describes a situation for which this pattern will not hold.d)The first is the agent’s prediction; the second is reasoning offered in support of this prediction.e)The first is an undisputed statement of fact; the second is a position that is supported by this fact.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for GMAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Real Estate Agent: Next year, the occupancy rate for residential rental properties in Riverton will increase despite projections of decreasing population in the city. Generally, when a city’s population decreases, so does the occupancy rate for residential rental properties. However, in the continuing climate of increasing interest rates on home mortgages, an unusually large number of Riverton residents who would typically buy homes will opt to rent instead.Q. The boldfaced statements (underlined) in the argument above play which of the following roles?a)The first is a conclusion drawn by the agent; the second is evidence that weighs against the agent’s conclusion.b)The first is a consideration that weighs against the agent’s prediction; the second is that prediction.c)The first describes a pattern of cause and effect; the second describes a situation for which this pattern will not hold.d)The first is the agent’s prediction; the second is reasoning offered in support of this prediction.e)The first is an undisputed statement of fact; the second is a position that is supported by this fact.Correct answer is option 'D'. Can you explain this answer?.

Solutions for Real Estate Agent: Next year, the occupancy rate for residential rental properties in Riverton will increase despite projections of decreasing population in the city. Generally, when a city’s population decreases, so does the occupancy rate for residential rental properties. However, in the continuing climate of increasing interest rates on home mortgages, an unusually large number of Riverton residents who would typically buy homes will opt to rent instead.Q. The boldfaced statements (underlined) in the argument above play which of the following roles?a)The first is a conclusion drawn by the agent; the second is evidence that weighs against the agent’s conclusion.b)The first is a consideration that weighs against the agent’s prediction; the second is that prediction.c)The first describes a pattern of cause and effect; the second describes a situation for which this pattern will not hold.d)The first is the agent’s prediction; the second is reasoning offered in support of this prediction.e)The first is an undisputed statement of fact; the second is a position that is supported by this fact.Correct answer is option 'D'. 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.

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The boldfaced statements (underlined) in the argument above play which of the following roles?a)The first is a conclusion drawn by the agent; the second is evidence that weighs against the agent’s conclusion.b)The first is a consideration that weighs against the agent’s prediction; the second is that prediction.c)The first describes a pattern of cause and effect; the second describes a situation for which this pattern will not hold.d)The first is the agent’s prediction; the second is reasoning offered in support of this prediction.e)The first is an undisputed statement of fact; the second is a position that is supported by this fact.Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Real Estate Agent: Next year, the occupancy rate for residential rental properties in Riverton will increase despite projections of decreasing population in the city. Generally, when a city’s population decreases, so does the occupancy rate for residential rental properties. However, in the continuing climate of increasing interest rates on home mortgages, an unusually large number of Riverton residents who would typically buy homes will opt to rent instead.Q. The boldfaced statements (underlined) in the argument above play which of the following roles?a)The first is a conclusion drawn by the agent; the second is evidence that weighs against the agent’s conclusion.b)The first is a consideration that weighs against the agent’s prediction; the second is that prediction.c)The first describes a pattern of cause and effect; the second describes a situation for which this pattern will not hold.d)The first is the agent’s prediction; the second is reasoning offered in support of this prediction.e)The first is an undisputed statement of fact; the second is a position that is supported by this fact.Correct answer is option 'D'. Can you explain this answer?, a detailed solution for Real Estate Agent: Next year, the occupancy rate for residential rental properties in Riverton will increase despite projections of decreasing population in the city. Generally, when a city’s population decreases, so does the occupancy rate for residential rental properties. However, in the continuing climate of increasing interest rates on home mortgages, an unusually large number of Riverton residents who would typically buy homes will opt to rent instead.Q. The boldfaced statements (underlined) in the argument above play which of the following roles?a)The first is a conclusion drawn by the agent; the second is evidence that weighs against the agent’s conclusion.b)The first is a consideration that weighs against the agent’s prediction; the second is that prediction.c)The first describes a pattern of cause and effect; the second describes a situation for which this pattern will not hold.d)The first is the agent’s prediction; the second is reasoning offered in support of this prediction.e)The first is an undisputed statement of fact; the second is a position that is supported by this fact.Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of Real Estate Agent: Next year, the occupancy rate for residential rental properties in Riverton will increase despite projections of decreasing population in the city. Generally, when a city’s population decreases, so does the occupancy rate for residential rental properties. However, in the continuing climate of increasing interest rates on home mortgages, an unusually large number of Riverton residents who would typically buy homes will opt to rent instead.Q. The boldfaced statements (underlined) in the argument above play which of the following roles?a)The first is a conclusion drawn by the agent; the second is evidence that weighs against the agent’s conclusion.b)The first is a consideration that weighs against the agent’s prediction; the second is that prediction.c)The first describes a pattern of cause and effect; the second describes a situation for which this pattern will not hold.d)The first is the agent’s prediction; the second is reasoning offered in support of this prediction.e)The first is an undisputed statement of fact; the second is a position that is supported by this fact.Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Real Estate Agent: Next year, the occupancy rate for residential rental properties in Riverton will increase despite projections of decreasing population in the city. Generally, when a city’s population decreases, so does the occupancy rate for residential rental properties. However, in the continuing climate of increasing interest rates on home mortgages, an unusually large number of Riverton residents who would typically buy homes will opt to rent instead.Q. The boldfaced statements (underlined) in the argument above play which of the following roles?a)The first is a conclusion drawn by the agent; the second is evidence that weighs against the agent’s conclusion.b)The first is a consideration that weighs against the agent’s prediction; the second is that prediction.c)The first describes a pattern of cause and effect; the second describes a situation for which this pattern will not hold.d)The first is the agent’s prediction; the second is reasoning offered in support of this prediction.e)The first is an undisputed statement of fact; the second is a position that is supported by this fact.Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice GMAT tests.

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