Which of the following is an assumption on which the argument depends?

Lawmaker: Raising taxes is not the only means of reducing government debt. The government’s stockpile of helium is worth 25 percent more, at current market prices, than the debt accumulated in acquiring and storing it. Therefore, by selling the helium, the government can not only pay off that debt but reduce its overall debt as well. Which of the following is an assumption on which the argument depends?

 





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1 Answer(s)

Hi Shambhavi,

Conclusion – By selling the helium, the government can not only pay off that debt but reduce its overall debt as well.

The assumption made is that if the Govt tries to sell the helium, the price of helium won’t go down.  Option D is the correct answer




Hope this helps!

Expert Answered on November 18, 2017.
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