If interest rates rise, then home sales will decline. Thus, if interest rates rise, then real estate prices will drop, because if home sales decline, then real estate prices will drop.
A) Deductive, invalid.
B) Inductive, cogent.
C) Deductive, valid.
D) Inductive, weak.
E) Inductive, strong.

Question

Quizplus · Accepted Answer

The argument is deductive because it presents a logical connection between rising interest rates and declining home sales, and between declining home sales and dropping real estate prices. The argument is also valid because the premises logically entail the conclusion.

If Interest Rates Rise, Then Home Sales Will Decline