Logic Breakdown

Passage Summary: The author argues money isn't real because its existence depends entirely on our collective imagination; if we all stopped believing in it tomorrow, it would vanish.

Conclusion: Money is not a real, existing entity.

Reasoning: Money would cease to exist if people stopped believing in it, as evidenced by market shifts that occur solely due to investor sentiment rather than physical changes.

Analysis: The argument presents a fascinating philosophical take but lacks a formal logical bridge. It observes a property of money (it depends on belief) and concludes a status (it doesn't exist). To make this argument valid, we need a 'Sufficient Assumption' that connects these two points. Look for an answer that states something like: 'Anything that depends entirely on human belief for its existence is not truly real.' This would guarantee the conclusion follows from the premises.

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24.

The conclusion of the editorialist's argument can be properly drawn if which one of the following is assumed?

Correct Answer
A
A supplies exactly the needed bridge: If something exists, it would continue to exist even if universally disbelieved. Given the premise that money would not continue (it would disappear) under universal disbelief, we can validly conclude money does not exist (by contrapositive).
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