Energy Policy Analyst: Historically, over the last four decades, sudden and severe spikes in the price of imported petroleum have caused prolonged economic downturns in our country by drastically increasing manufacturing and transportation costs. Next quarter, global commodities markets are projected to experience an unprecedented 40 percent surge in petroleum prices due to regional export restrictions. Therefore, policymakers must urgently prepare for an imminent and severe national economic downturn.
Which of the following accurately describe a reasoning flaw in the analyst's argument? Select all that apply.
- It takes for granted that the structural economic vulnerabilities present during previous decades persist unaltered into the present day.Answer
- BIt relies on shifting the definition of a key economic term between the historical evidence provided and the future projection.
- It projects a historically established causal mechanism into the future without considering whether relevant intervening circumstances have shifted.Answer
- DIt assumes that because a specific event caused most economic downturns in the past, it will inevitably be the sole cause of any future downturn.
- EIt confuses a subsidiary premise regarding commodity market projections with the ultimate conclusion of the argument.
Answer
The correct options are the one stating it assumes structural economic vulnerabilities persist unaltered, and the one stating it projects a historical causal mechanism into the future without considering shifted circumstances.
The correct choices accurately target the argument's vulnerability: it relies on historical evidence (the last four decades) to guarantee a future event. To do this, it must assume that the relevant background conditions (e.g., the economy's reliance on oil, alternative energy availability, manufacturing processes) have not changed. Both correct descriptions highlight this unwarranted temporal leap from past causal mechanisms to future outcomes.
Step-by-Step Solution
Key Concept
Time Shift Flaws (Past vs. Future) occur when an argument assumes that historical conditions, relationships, or trends will necessarily continue unchanged into the present or future.