by RonPurewal Wed Sep 23, 2009 5:40 am
definitely (a). this one is such a home run that i didn't even read through the rest of the answer choices.
the stated conclusion of the argument is "the real cause must lie elsewhere".
this "cause" refers to the preceding statement, "high household debt levels could have been the cause of the recession..." (i.e., if certain things had been true).
combining these two statements, we can rephrase the conclusion as "the real cause OF THE RECESSION must lie elsewhere THAN IN HIGH HOUSEHOLD DEBT LEVELS". this is exactly what is stated in choice (a).
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by the way, why are you labeling all these problems as "780+"?
these aren't even gmat problems - much less gmat problems for which you know the difficulty level. please don't post statistics that you make up yourself; thanks.