Critical Reasoning: Based on the results of a recent study, the net value of assets held by young adults (or for the benefit of young adults) exceeds the net value of assets held by middle-age working professionals-with children. The common notion that young adults are bigger spenders and smaller savers than middle-age adults is, therefore, false. Q: The argument is primarily flawed for which of the following reasons?

A The argument does not properly consider the impact of the debtfinancingofassets.

B The argument neverdiscusses the effects offiling for bankruptcy of young adults.

C The argument never discusses the role diatthe country's tax code, which encourages financial investment on the part of young adults, plays.

D The argument does not specify the exact amounts of saving and spending on the part of each age group.

Solution

Correct Answer: Option E

Solution

Practice More Questions on Our App!

Related Topics