Critical Reasoning: Conclusion Weakening Questions

Economist A: Banks offer only small interest rates for money being stored in savings accounts. It is much better to create an investment portfolio with a financial management company in order to take advantage of money that has been put aside.

Economist B: Investments require speculation. I advise that at the moment, storing money in a bank savings account is the wise thing to do.

Which of the following, if true, most weakens economist A's advice?

Incorrect.

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This answer choice weakens Economist B's support for bank savings accounts and, therefore, indirectly supports Economist A's claim. It does so by highlighting the costs of having a savings account. Remember, the question stem requires that you weaken Economist A's claim.

Incorrect.

[[snippet]]

This answer choice weakens Economist B's support for bank savings accounts and, therefore, supports Economist A's claim. It does so by presenting a disadvantage of having a savings account. Remember, the question stem requires that you weaken Economist A's claim.

Incorrect.

[[snippet]]

This answer choice supports Economist A's claim, but you are required to weaken it. By stating that investment portfolios reduce the risk and maximize profits we are led to believe that they may be safer than previously imagined and, therefore, perhaps better than bank savings accounts.

Incorrect.

[[snippet]]

This answer choice directly weakens Economist B's response by presenting an actual case where customers lost money they had put into banks, thereby promoting the alternative option in the argument - to invest the money.

Yes!

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This answer choice presents data that directly weakens Economist A's viewpoint by revealing the fact that the great majority of the investments of the last 3 years have lost money.

Maintaining a bank savings account requires the payment of handling fees which can be costly, depending on the bank.
Investment portfolios are designed to maximize profits while reducing the risk to a minimum by dividing the investments to cover a variety of markets.
A recent economic crisis led to the closing of several banks and to the subsequent loss of a great deal of the customers' savings.
Owners of savings accounts in banks are only allowed to withdraw their money on certain dates decided upon when the account was created.
A financial statistics report shows that 97% of all investment portfolios created in the last 3 years hold losses on their initial investments.

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