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#72908
Complete Question Explanation

Flaw in the Reasoning. The correct answer is (C).

This stimulus starts off with a classic "some people say something, but they're wrong, and here's why" structure, but it somewhat complicates the structure with two conclusions. Our Economist says that her colleagues think interest rates should be lowered to stimulate the economy. She says the economy is growing at a sustainable rate, and so no stimulation is required. That is already a complete argument: the premise is "the economy is growing at a sustainable rate" and the conclusion is "no stimulation is needed." From there, however, the author goes one step further. Having already determined that the economy needs no stimulation, she then says that not only are her colleagues wrong about lowering interest rates for that purpose, but that "there is no reason to lower interest rates further." That's an incredibly strong conclusion, and one that would require very powerful evidence. The flaw, then, is that our author has greatly exaggerated the strength of her evidence and drawn a conclusion that goes much too far. This is a "some evidence" flaw, wherein the author has presented some evidence against lowering interest rates, and has used that bit of evidence to claim that there can be no reason at all to do so. We should be looking for an answer that captures this idea of taking her evidence too far and drawing a conclusion that is much stronger than the evidence can support.

Answer choice (A): While this answer does describe a flaw that is sometimes found on the LSAT, it is not the flaw in this case. When this flaw occurs, it is in the form of "experts say X is true, and so it must be true." Our author IS the expert, but she does not rely on her expertise alone but instead relies on the one bit of evidence that she presented.

Answer choice (B): This answer looks a bit like a reversed cause and effect answer. At the very least, it is describing a problem with causal reasoning. As the flaw here was not causal, but was about going too far with some evidence, it is not the correct answer.

Answer choice (C): This is the correct answer. The Economist gave us one reason that supports the idea that we don't need to lower interest rates, and she presumes that there could be no other reason for doing so. Having eliminated what she presumes to be the only reason, she concludes improperly that there can be no reason.

Answer choice (D): Beware this trap answer! It sounds enough like our prephrase, and like the correct answer, that it could cause some confusion, but recall that the author isn't arguing about HOW to stimulate the economy, but about WHETHER the economy needs such stimulation. Our author might be fine with there being many other ways to stimulate the economy, but she would still say that there is no reason to lower interest rates because no such stimulation is needed.

Answer choice (E): A correct answer to a Flaw in the Reasoning question must do two things. First, because this question type is in the "Prove" family, like Must Be True Questions, it must describe something that actually happened in the stimulus (a variation on the Fact Test). Second, the thing that it describes must be a flaw. It does no good to describe something that happened but which was perfectly acceptable! This answer fails the first part of the test, because our author did not draw any conclusion about what would happen if interest rates were lowered. Since it describes something that did not occur, it cannot be a correct answer to this Flaw question.
 NeverMissing
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#34852
Hi Powerscore,

I believe answer choice C is correct because the economist reaches a conclusion that there is no reason to lower interest rates merely on the grounds that the reason the economist's colleagues give for lowering interest rates is not occurring (the economy is already growing at a sustainable rate). By doing this, the economist is arguing that his colleagues' reason is the only reason why one would want to lower interest rates, and their reason does not exist. But, of course, there could be many reasons to lower interest rates besides economic growth. Maybe it will make taxpayers happy, for example.

I'm wondering this: Would the economist's conclusion be valid if it was phrased this way?

So, my colleagues' argument does not provide us a sufficient reason to currently lower interest rates further.

Thanks!
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 Jonathan Evans
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#35007
Hi, NeverMissing,

I'm glad I got a chance to address this question too because I want to recall something I noted in my other reply (lsat/viewtopic.php?f=476&t=10747), namely be careful not to venture too deeply into conjecture on Logical Reasoning problems.

Overall, your analysis in your first paragraph is sound: the economist does presume that "stimulation" is the only consideration that would justify further lowering interest rates.

In general, I resist hypothetical counterfactual conclusions because it's easy to get lost down a rabbit-hole. However, with that caveat, the reply to your question is: no, the conclusion would still not be justified even in the manner you rephrased it. There is an implicit assumption that growth at a sustainable rate is sufficient to know that "no such stimulation is needed," a subordinate conclusion here.

Basically, I recommend that you continue to engage with these problems in depth, just as you are, only exercise caution when extrapolating outside the scope of the text. Keep up the good work!
 freddythepup
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#49444
Hi,
Can you explain why we know that the economist here is assuming that the need to stimulate economic growth is the only possible reason to lower interest rates? Is it just because in the stimulus the conclusion is aying that there is no reason to lower interest rates further? Thanks.
 Adam Tyson
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#49724
That's exactly right, Freddy. The author has told us that lowering interest rates isn't necessary to stimulate growth, so he has eliminated ONE possible reason for lowering the rates. But then he concludes that there is NO reason to lower the rates, which is going pretty far when all he did was eliminate one possible reason. He has to be assuming, then, that there could be no other reason. That's the problem - there could be another reason other than stimulating growth that he has failed to take into account.
 oli_oops
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#64753
Hi,

I get now why C is correct. But can someone please explain why D is incorrect? If C is correct, isn't the economist also taking lowering the interest rates to be the only way of stimulating economic growth (hence, D)?

thanks!
oli
 James Finch
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#64800
Hi Oli,

In short, (D) doesn't describe what is happening in the stimulus: the author here isn't actually presuming that lowering interest rates is the only way to stimulate the economy, but rather that the sole reason one would lower interest rates is to stimulate the economy. The problem with the stimulus is that its author assumes that the there are no other reasons one would lower interest rates, while (D) describes a different issue. The stimulus doesn't go into ways to stimulate the economy, because it doesn't think there is any need to do so.

Hope this clears things up!
 snowy
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#65781
Why is B wrong? Since "what stimulates it" is lower interest rates, isn't B saying a similar thing to C? Since if economic growth and lower interest rates are conflated, then not needing to spur economic growth means not needing to lower interest rates.
 Zach Foreman
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#66935
Not really, snowy.
Part of prep is being aware of the common flaws. This one is like the argument

Some say that cheese is bad for you. Therefore you shouldn't eat 10 cheeseburgers a day. However, recent studies show that cheese is not harmful. Therefore there is no reason not to eat 10 cheeseburgers a day.
Why is this flawed? Well, just because cheese consumption is not a worry, what about the calories in 10 cheeseburgers? Or fat or carbs or anything else?

Similarly, the economist eliminated stimulating growth as a valid reason for lowering interest rates. But perhaps there are other reasons to lower them?

We are not confusing unhealthiness with what causes it (cheeseburgers). Similarly we are not confusing economic growth with what stimulates it (lower interest rates). The flawed reasoning is simply a pattern that we need to recognize.
 hrhyoo
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#72739
Hi Powerscore,

My understanding of this stimulus was as follows:

Premise 1 - Many of my colleagues say to lower the interest rate to boost the economic growth.
Premise 2 - The economy is already growing well.
Conclusion - No need to lower the interest rate to boost the economy.

I initially crossed out all the ACs but decided to settle with B because all the others were worse. But after reading all the posts, I am wondering if I made a mistake of assuming that the conclusion was about "not lowering the interest rate to boost the economy," not "let's not lower the interest rate." But the whole argument was quite focused on the relationship between the interest rate and its effect on the economy so isn't it obvious that the conclusion would be about not lower to stimulate the economy? Please help clarify this for me.

H

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