Thank you for using the timer!
We noticed you are actually not timing your practice. Click the START button first next time you use the timer.
There are many benefits to timing your practice, including:
B should be it. This statement tells us that the Mall economy is good because the visitors to the mall are all tourists who do not care about the community. They come to the area only to buy goods at the mall; they are not interested in spending money elsewhere in the community.Therefore, the local economy is not improved.
I'm also for B. A--> There is no story of fluctuation in the question , this option suits if there will be any ups and down! C--> Then it contradicts the premises as if C is true then the local economy will improve as the economy within the mall D--> if D is true then there will be no paradox E--> Irrelevant
Stimulus : construction of many shopping malls who have increased economic activity.
Still the increase in the local economy is much smaller than expected due to construction of shopping malls.
look at option B:
It says most of the money spent in the malls is by tourist.
But this statement doesn't remove the discrepancy the question. i.e. it is not important who spends money. the important thing is money is spent in shopping malls and still there is enough increase in local economy!
So ,Imo, the option B in fact increases the proposed Discrepancy!! and so Out!
Look at option D:
It says , most of the money would have been spent somewhere in the same community if shopping malls had not been built!
So, this gives us clue that , money spent somewhere in the same community would have increased economic activity in the economy not just in shopping malls.
So, option D definitely solves the discrepancy in the stimulus i.e. Although there is increase in the economic activity in the shopping malls , there is much smaller increase in economic activity in the same community!
My querie is for question 17 which is clearly visible Now,explanations anyone?
Its clear D.
To increase the economic activities, money has to come into the community from outside. If the money spent at the mall is from the community where the mall is built, then the large amount of economic activity at the mall doesnot increase the economic activities of the community.
D is exactly the same. Therefore, economic activities has not increased in the community where the mall is built...
B is not the same. In B, the money from out of the community has come as the the outside tourist spent money at the mall... _________________
i picked D too, but it implies that the total amount will remain the same irrespective of where it is (in the mall or other places) the net amount remains the same , hence there is no increase indicated. the last statement of the argument says the increase (i put a % for my understanding) is < total amount - why is that? B answers that. _________________
there was a time i was so good i was great & now im struggling with gmat
AGree with kodeprasad. It doesnt matter who spends the money in the mall, whether its tourists or locals, the money is still going into the community's economy. In spite of that, there isnt much of an increase in the overall economy .. [D] answers the paradox that since money that would have been spent elsewhere in the community is now being spent in the mall so net gain to the community is negligible.
Final decisions are in: Berkeley: Denied with interview Tepper: Waitlisted with interview Rotman: Admitted with scholarship (withdrawn) Random French School: Admitted to MSc in Management with scholarship (...