by xyza241 Sun Nov 08, 2015 6:27 am
parthian7 wrote:
RonPurewal wrote:(e) does a splendid job of this. if the elderly's income is supplemented by their children - up to a FIXED amount ("a comfortable living") - then it makes absolutely no difference how much pension those elderly people are receiving, as long as the pension is less than "a comfortable living". in other words, their children are just going to pay the difference anyway.
I picked E too but by process of elimination. Still not fully convinced by it though..just sounded less bad than the other choices.
Ron, what makes you assume that pension will still be less than "a comfortable living" even after the 20% increase? In other words, what if the increase eliminates the need to get support from the children?
Let's say an elderly couple used to get 2000 rungs (Runagia's currency) each month, while they'd need r2250 to make a comfortable living. E says the children would typically pay the difference (r250). However, now they get r2400 (150 more than what they need)..so the raise covers their needs and they don't need to get any money from their children anymore..
Thanks
you can't just hypothesize a random event/possibility, and then proceed to construct an argument that is based exclusively on that event/possibility.
in other words, you have an argument here that starts with "what if..." -- which means that it is, well, not actually an argument. it's just a hypothesis, which can be completely collapsed by the symmetric counterargument: "well, what if NOT...?"
the only time you're allowed to hypothesize events/possibilities is when those events/possibilities are very clearly the MOST likely, practically certain, outcomes according to simple common sense. that is definitely not the case with this particular supposition.
here is an example of what i mean:
let's say that apple suddenly starts making ipads only in the color red. in this case, there is no common-sense outcome -- i.e., there is no obvious reaction that consumers will (or won't) have here. therefore, you cannot start your reasoning with something like "what if people are willing to pay more for a red ipad?" or "what if people don't want to buy red ipads?", because those are essentially random suppositions.
on the other hand, let's say that the government of a certain state decides that the penalty for speeding on freeway should be twenty years in prison (and that this penalty should actually be enforced). in this case, there's no "what if...", because, under such circumstances, people WILL start driving more slowly on the freeway. so in that kind of case you could go ahead and construct an argument on that particular supposition.
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Hi Ron,
I had hypothesized almost the same scenario which parthian7 had. And yeah many a times my hypothesis leads me to incorrect answer choice and yeah I do want to mitigate this issue. Further, is it safe to take it as a rule of thumb what you have mentioned regarding in what cases we can hypothesize and in what cases we shouldn't?
However, even after assuming what you are saying is correct that hypothetical scenario shouldn't be applied in this case, I am still not able to see how the fact that most/many elderly people will, even after 20 percent increase in their pension, still earn below their comfortable living income so that they would require the help of their children ? What I mean to say is that since you are saying that both what if and what if not scenarios are collapsed by symmetric counterargument or are equally probable in this case then how can we say that most likely scenario in this case can be that the elderly people will be earning below the comfortable living? Please help and explain.
Last edited by
xyza241 on Mon Dec 28, 2015 1:39 pm, edited 1 time in total.