December 1999 LSAT
Section 2
Question 15
Emil-Kunkin on February 23, 2023
Hi, your prephrase is great, that was my thinking as well. What A boils down to is: banks didn't lend less for this one specific reason related to the downturn. While I think it is a necessary assumption that banks didn't lend less because of the downturn, we don't really care about the causal pathway. Maybe they chose to lend less because of a fall in deposits, maybe because of a fall in interest rates, or maybe because of worries about inability to repay. A is saying that the decline in lending was not caused by one specific factor that a recession causes, not that the decline in lending was not an outcome of the recession.