Financial theorist: A financial market is robust only if it is capable of withstanding severe liquidity shocks and maintains transparent trading protocols. The novel commodities exchange, Aetherion, utilizes decentralized anonymous ledgers. Because this feature completely precludes the maintenance of transparent trading protocols, it follows that Aetherion's underlying economic model must be inherently unstable.
Which one of the following is an assumption that, if true, allows the financial theorist's conclusion to be properly drawn?
- AAn economic model is inherently unstable only if the financial market it underlies fails to maintain transparent trading protocols.
- BAny financial market that is robust possesses an economic model that is not inherently unstable.
- Every financial market that is not robust has an inherently unstable economic model.Cevap
- DAt least some financial markets that are not robust have inherently unstable economic models.
- EThe vast majority of financial markets that fail to maintain transparent trading protocols have inherently unstable economic models.
Cevap
Every financial market that is not robust has an inherently unstable economic model.
The argument establishes that maintaining transparent trading protocols is a necessary condition for a market to be robust (Robust -> Transparent). It then tells us Aetherion cannot maintain transparent protocols. By the contrapositive, Aetherion is not robust. The author concludes that Aetherion's economic model is inherently unstable. To completely bridge the gap, we must link the established fact (Aetherion is not robust) to the conclusion (Aetherion is inherently unstable). The statement 'Every financial market that is not robust has an inherently unstable economic model' perfectly supplies this bridge.
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Conditional Logic Bridges
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