When the rate of inflation exceeds the rate of return on the most profitable investment available, the difference bet...
Mazenon January 26, 2023
"in such circumstance"
What does the phrase "in such circumstance" refer to?
And why does it not refer to the whole scenario set up in the sufficient condition signaled by the structural indicator "[w]hen" at the beginning of the stimulus: "When the rate of inflation exceeds the rate of return on the most profitable investment"?
Please and thank you
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This is quite poorly worded. Normally I would assume "in such circumstances" to be referring to the circumstances described before that phrase. However, this uses the construction "in such a circumstance" which is essentially saying the same thing as "when" or "if." That means it is referring to the circumstances mentioned after it. In other words, it is essentially asking "If/when value falls by more than that percent, then what must be true?