(D) Before there was a large budget deficit, predictions of slower economic growth frequently caused declines in the dollar’s value.
(E) When there is a large budget deficit, other events in addition to predictions of slower economic growth sometimes trigger declines in currency value.
14. Which of the following best completes the passage below?At a recent conference on environmental threats to the North Sea, most participating countries favored uniform controls on the quality of effluents, whether or not specific environmental damage could be attributed to a particular source of effluent. What must, of course, be shown, in order to avoid excessively restrictive controls, is that______
(A) any uniform controls that are adopted are likely to be implemented without delay
(B) any substance to be made subject to controls can actually cause environmental damage
(C) the countries favoring uniform controls are those generating the largest quantities of effluents
(D) all of any given pollutant that is to be controlled actually reaches the North Sea at present
(E) environmental damage already inflicted on the North Sea is reversible
15. Traditionally, decision-making by managers that is reasoned step-by-step has been considered preferable to intuitive decision-making. However, a recent study found that top managers used intuition significantly more than did most middle- or lower-level managers. This confirms the alternative view that intuition is actually more effective than careful, methodical reasoning.The conclusion above is based on which of the following assumptions?
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