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- Sat Feb 11, 2017 2:11 pm
#32683
Complete Question Explanation
(See the complete passage discussion here: lsat/viewtopic.php?t=13362)
The correct answer choice is (B)
This Expansion question asks for the most appropriate set of titles for the two passages. The first passage deals with an economist who notes that virtual world trades amount to a form of currency trading. The second passage explores the issues surrounding taxation of virtual assets.
Answer choice (A): This answer can be ruled out on two counts: The first passage does not present several theories of the economist’s, instead reporting only on the economist’s discovery of a form of currency trading that takes place in virtual worlds, and the second passage is focused on the issue of virtual asset taxation, not just virtual intellectual property rights. Since neither title presented in this question would appropriately describe the contents of the respective passages, this cannot be the right answer to this Expansion question.
Answer choice (B): This is the correct answer choice. “An Economist Discovers New Economic Territory” refers to the economist in the first passage taking note of the fact that a form of currency trading takes place in virtual worlds. “Taxing Virtual Property” is an accurate description of the central issue of the second passage.
Answer choice (C): The first passage is not focused on the surprising growth of such online games, but instead on the fact that a particular economist noted that within the virtual world a real form of currency trading had emerged. Further, the second passage is mostly focused on the issue of taxation, rather than on the more broad topic of “Virtual Reality and the Law.” Since neither title is particularly appropriate to its respective passage, this choice should be ruled out of contention.
Answer choice (D): The first title does not even mention the online component, and regardless the first passage is not about how to make money playing games. Rather, it deals with an economist’s discovery of a form of currency trading that takes place in virtual worlds. The second author does mention virtual tax shelters, but these were not the central focus of the passage.
Answer choice (E): Although the economist discussed in the first passage discovered currency trading in online games, that is not necessarily a whole new economic paradigm. The second passage does deal with the issue of taxability of virtual assets—the author does mention that virtual economies can be significant, but the author does not frame the discussion as one of untapped revenue sources. As such, these are not the most appropriate titles among the answers, so this choice can be ruled out of contention.
(See the complete passage discussion here: lsat/viewtopic.php?t=13362)
The correct answer choice is (B)
This Expansion question asks for the most appropriate set of titles for the two passages. The first passage deals with an economist who notes that virtual world trades amount to a form of currency trading. The second passage explores the issues surrounding taxation of virtual assets.
Answer choice (A): This answer can be ruled out on two counts: The first passage does not present several theories of the economist’s, instead reporting only on the economist’s discovery of a form of currency trading that takes place in virtual worlds, and the second passage is focused on the issue of virtual asset taxation, not just virtual intellectual property rights. Since neither title presented in this question would appropriately describe the contents of the respective passages, this cannot be the right answer to this Expansion question.
Answer choice (B): This is the correct answer choice. “An Economist Discovers New Economic Territory” refers to the economist in the first passage taking note of the fact that a form of currency trading takes place in virtual worlds. “Taxing Virtual Property” is an accurate description of the central issue of the second passage.
Answer choice (C): The first passage is not focused on the surprising growth of such online games, but instead on the fact that a particular economist noted that within the virtual world a real form of currency trading had emerged. Further, the second passage is mostly focused on the issue of taxation, rather than on the more broad topic of “Virtual Reality and the Law.” Since neither title is particularly appropriate to its respective passage, this choice should be ruled out of contention.
Answer choice (D): The first title does not even mention the online component, and regardless the first passage is not about how to make money playing games. Rather, it deals with an economist’s discovery of a form of currency trading that takes place in virtual worlds. The second author does mention virtual tax shelters, but these were not the central focus of the passage.
Answer choice (E): Although the economist discussed in the first passage discovered currency trading in online games, that is not necessarily a whole new economic paradigm. The second passage does deal with the issue of taxability of virtual assets—the author does mention that virtual economies can be significant, but the author does not frame the discussion as one of untapped revenue sources. As such, these are not the most appropriate titles among the answers, so this choice can be ruled out of contention.