Economist: Implementing a universal basic income (UBI) inevitably causes the inflation rate to rise. Any economic policy that causes the inflation rate to rise will disproportionately burden citizens on fixed incomes. Consequently, the newly proposed UBI policy will undoubtedly lower the overall quality of life for the nation's elderly population.
Which one of the following, if assumed, enables the conclusion to be properly drawn?
- AA significant majority of the nation's elderly population consists of citizens who rely exclusively on fixed incomes.
- BAny economic policy that lowers the overall quality of life for the nation's elderly population is one that disproportionately burdens citizens on fixed incomes.
- CThe financial benefits provided by the newly proposed UBI policy will not be enough to offset the increased cost of living for the elderly.
- Any economic policy that disproportionately burdens citizens on fixed incomes lowers the overall quality of life for the nation's elderly population.Answer
- ECitizens on fixed incomes experience a greater decrease in their quality of life during periods of inflation than any other demographic group does.
Answer
The correct answer is the statement that any economic policy that disproportionately burdens citizens on fixed incomes lowers the overall quality of life for the nation's elderly population.
The argument's premises establish a clear chain of cause and effect: the UBI policy leads to inflation, which in turn burdens citizens on fixed incomes. However, the conclusion abruptly claims that the UBI policy will lower the overall quality of life for the elderly population. The correct assumption must definitively bridge the gap between 'burdening citizens on fixed incomes' and 'lowering the overall quality of life for the elderly'. The correct option provides this exact conditional link, perfectly connecting the premises to the conclusion and guaranteeing its truth.
Step-by-Step Solution
Key Concept
Identifying Sufficient Assumptions (Deductive Bridging)
Estimated Time:1m 30s