Find all School-related info fast with the new School-Specific MBA Forum

It is currently 20 Aug 2014, 01:15

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

Noting that the Federal Reserve had raised a key short-term

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:
Senior Manager
Senior Manager
avatar
Joined: 06 Mar 2006
Posts: 497
Followers: 7

Kudos [?]: 74 [0], given: 1

GMAT Tests User
Noting that the Federal Reserve had raised a key short-term [#permalink] New post 24 Feb 2009, 19:12
3
This post was
BOOKMARKED
00:00
A
B
C
D
E

Difficulty:

  35% (medium)

Question Stats:

58% (01:51) correct 42% (00:55) wrong based on 451 sessions
Noting that the Federal Reserve had raised a key short-term interest rate against last month, analysts said that they expected orders for durable goods to decline soon because rising interest rates makes it more expensive to buy them on credit.

(A) rising interest rates makes it more expensive to buy them on credit
(B) rising interest rates make buying on credit more expensive
(C) a rise in interest rates make it more expensive to buy on credit
(D) a rise in interest rates make buying on credit more expensive
(E) a rise in interest rates makes it more expensive for them to be bought on credit

Please explain your answers. Thanks.
[Reveal] Spoiler: OA
4 KUDOS received
SVP
SVP
User avatar
Joined: 07 Nov 2007
Posts: 1829
Location: New York
Followers: 25

Kudos [?]: 438 [4] , given: 5

GMAT Tests User
Re: SC GMATPrep 1 Federal Reserve [#permalink] New post 24 Feb 2009, 21:12
4
This post received
KUDOS
eileen1017 wrote:
Noting that the Federal Reserve had raised a key short-term interest rate against last month, analysts said that they expected orders for durable goods to decline soon because rising interest rates makes it more expensive to buy them on credit.

A. rising interest rates makes it more expensive to buy them on credit
B. rising interest rates make buying on credit more expensive
C. a rise in interest rates make it more expensive to buy on credit
D. a rise in interest rates make buying on credit more expensive
E. a rise in interest rates makes it more expensive for them to be bought on credit

Please explain your answers. Thanks.



It --> has no clear reference
A,C,E --> OUT

D- a rise -- make (wrong sub-verb agreement)

B is the best.. (rising-adj) rates -- make (No problem with S-V agreement and also No agmbiguity)
_________________

Your attitude determines your altitude
Smiling wins more friends than frowning

Director
Director
User avatar
Joined: 04 Jan 2008
Posts: 919
Followers: 44

Kudos [?]: 158 [0], given: 17

GMAT Tests User
Re: SC GMATPrep 1 Federal Reserve [#permalink] New post 25 Feb 2009, 07:52
use simple PoE and get B
sometimes PoE is great to save time

pronoun it(referrent prob) and S-V issues here

eileen1017 wrote:
Noting that the Federal Reserve had raised a key short-term interest rate against last month, analysts said that they expected orders for durable goods to decline soon because rising interest rates makes it more expensive to buy them on credit.

A. rising interest rates makes it more expensive to buy them on credit
B. rising interest rates make buying on credit more expensive
C. a rise in interest rates make it more expensive to buy on credit
D. a rise in interest rates make buying on credit more expensive
E. a rise in interest rates makes it more expensive for them to be bought on credit

Please explain your answers. Thanks.

_________________

math-polygons-87336.html
competition-for-the-best-gmat-error-log-template-86232.html

SVP
SVP
avatar
Joined: 17 Jun 2008
Posts: 1580
Followers: 12

Kudos [?]: 180 [0], given: 0

GMAT Tests User
Re: SC GMATPrep 1 Federal Reserve [#permalink] New post 25 Feb 2009, 09:11
B seems to be changing the meaning. A seems to be better (although I do not know how S-V is correct here).

What is the OA?
Senior Manager
Senior Manager
avatar
Joined: 06 Mar 2006
Posts: 497
Followers: 7

Kudos [?]: 74 [0], given: 1

GMAT Tests User
Re: SC GMATPrep 1 Federal Reserve [#permalink] New post 25 Feb 2009, 18:26
The OA is B. Thanks for the explanation.
Intern
Intern
avatar
Joined: 23 Mar 2009
Posts: 19
Followers: 0

Kudos [?]: 0 [0], given: 0

Re: SC GMATPrep 1 Federal Reserve [#permalink] New post 25 Mar 2009, 01:17
It --> has no clear reference
A,C,E --> OUT

D- a rise -- make (wrong sub-verb agreement)

B is the best.. (rising-adj) rates -- make (No problem with S-V agreement and also No agmbiguity)

I think ACE are not out beacaue of lacking of clear referent..".
"It" is dummy object here....
see below example...


The aim of the new regulations is to make it easier for prospective homeowners to have funds available for energy improvement in their new houses.

(A) to make it easier for prospective homeowners to have
(B) to make easier for prospective homeowners the having of
(C) making it easier for prospective homeowners so they can have
(D) that prospective homeowners more easily can have
(E) for prospective homeowners to more easily have

A is right option in it....


Please correct me if i am wrong...
Manager
Manager
avatar
Joined: 21 Aug 2008
Posts: 97
Followers: 1

Kudos [?]: 41 [0], given: 0

Re: SC GMATPrep 1 Federal Reserve [#permalink] New post 25 Mar 2009, 06:37
Yes Kuldeep your reasoning is prefect....
_________________

"The highest result of education is tolerance."

Manager
Manager
avatar
Joined: 05 Mar 2010
Posts: 220
Followers: 1

Kudos [?]: 23 [0], given: 8

Re: SC GMATPrep 1 Federal Reserve [#permalink] New post 15 Mar 2010, 04:24
A is the only option which use "them" for consumer durable good
Hence the best choice
_________________

Success is my Destiny

Intern
Intern
avatar
Joined: 22 Nov 2009
Posts: 32
Followers: 0

Kudos [?]: 6 [0], given: 1

Re: SC GMATPrep 1 Federal Reserve [#permalink] New post 15 Mar 2010, 19:27
hardnstrong wrote:
A is the only option which use "them" for consumer durable good
Hence the best choice


them may also refer to alanysts. So, A is incorrect
_________________

kudos +1 ?

Intern
Intern
avatar
Joined: 14 Sep 2009
Posts: 1
Followers: 0

Kudos [?]: 0 [0], given: 0

Re: SC GMATPrep 1 Federal Reserve [#permalink] New post 16 Mar 2010, 02:34
x2suresh wrote:
eileen1017 wrote:
Noting that the Federal Reserve had raised a key short-term interest rate against last month, analysts said that they expected orders for durable goods to decline soon because rising interest rates makes it more expensive to buy them on credit.

A. rising interest rates makes it more expensive to buy them on credit
B. rising interest rates make buying on credit more expensive
C. a rise in interest rates make it more expensive to buy on credit
D. a rise in interest rates make buying on credit more expensive
E. a rise in interest rates makes it more expensive for them to be bought on credit

Please explain your answers. Thanks.



It --> has no clear reference
A,C,E --> OUT

D- a rise -- make (wrong sub-verb agreement)

B is the best.. (rising-adj) rates -- make (No problem with S-V agreement and also No agmbiguity)


Sorry to post a basic question here but I'm confused. Could someone please explain the S-V agreement here ? For me, "rising interest rates" could be a gerund verbal phrase so it could be a singular subject, couldn't it ?
Intern
Intern
User avatar
Joined: 23 Dec 2009
Posts: 49
Schools: HBS 2+2
WE 1: Consulting
WE 2: Investment Management
Followers: 0

Kudos [?]: 14 [0], given: 7

Re: SC GMATPrep 1 Federal Reserve [#permalink] New post 23 Mar 2010, 10:28
I ruled out (B) because ...rising interest rates is the subject, and according the the mGMAT SC guide, if the subject is the the entire phrase or clause, a SINGULAR verb form should be used.

e.g.,

Having good friends IS a wonderful thing.

I went with A... :?

Edit: Just realized that ...rising interest rates is a participle + subject, and rising is used as an adjective, not a gerund (noun)!

_________________

My GMAT quest...

...over!

12 KUDOS received
Manhattan GMAT Instructor
User avatar
Affiliations: ManhattanGMAT
Joined: 21 Jan 2010
Posts: 354
Location: San Francisco
Followers: 325

Kudos [?]: 694 [12] , given: 11

Re: SC GMATPrep 1 Federal Reserve [#permalink] New post 23 Mar 2010, 18:13
12
This post received
KUDOS
1
This post was
BOOKMARKED
Hey All,

Plenty of confusion here, so I thought it might be worth my weighing in:

Noting that the Federal Reserve had raised a key short-term interest rate against last month, analysts said that they expected orders for durable goods to decline soon because rising interest rates makes it more expensive to buy them on credit.

(A) rising interest rates makes it more expensive to buy them on credit
(B) rising interest rates make buying on credit more expensive
(C) a rise in interest rates make it more expensive to buy on credit
(D) a rise in interest rates make buying on credit more expensive
(E) a rise in interest rates makes it more expensive for them to be bought on credit

Okay looking here, we have a couple categories that should jump out. First is simple subject-verb agreement. We notice because the verb "make" goes singular and plural. A is out because "rising interest rates" are plural, so the verb shouldn't have an -s on the end. C and D are also out, because "a rise" is singular, so the verb should be "makes".

We're left with B and E. This is one of the VERY RARE times when it comes down to a concision/voice issue. What I mean is that B and E say the same thing, but E does it using the horribly wordy passive voice (to be bought). Notice that both B and E have a bad pronoun (them is highly ambiguous, because it could refer to durable goods, orders, interest rates...almost anything), but because they BOTH have it, we don't need to worry about this issue.

The correct answer is B. Hope that helps!

-t
_________________


Tommy Wallach | Manhattan GMAT Instructor | San Francisco


Manhattan GMAT Discount | Manhattan GMAT Reviews

SVP
SVP
avatar
Joined: 16 Jul 2009
Posts: 1634
Schools: CBS
WE 1: 4 years (Consulting)
Followers: 30

Kudos [?]: 220 [0], given: 2

GMAT Tests User
Re: SC GMATPrep 1 Federal Reserve [#permalink] New post 20 Jun 2010, 11:47
karlovy wrote:
x2suresh wrote:
eileen1017 wrote:
Noting that the Federal Reserve had raised a key short-term interest rate against last month, analysts said that they expected orders for durable goods to decline soon because rising interest rates makes it more expensive to buy them on credit.

A. rising interest rates makes it more expensive to buy them on credit
B. rising interest rates make buying on credit more expensive
C. a rise in interest rates make it more expensive to buy on credit
D. a rise in interest rates make buying on credit more expensive
E. a rise in interest rates makes it more expensive for them to be bought on credit

Please explain your answers. Thanks.



It --> has no clear reference
A,C,E --> OUT

D- a rise -- make (wrong sub-verb agreement)

B is the best.. (rising-adj) rates -- make (No problem with S-V agreement and also No agmbiguity)


Sorry to post a basic question here but I'm confused. Could someone please explain the S-V agreement here ? For me, "rising interest rates" could be a gerund verbal phrase so it could be a singular subject, couldn't it ?


Same problem here...How do you know that rising is and adjective and not a gerund?
Thanks.
_________________

The sky is the limit
800 is the limit


Get the best GMAT Prep Resources with GMAT Club Premium Membership

1 KUDOS received
Manhattan GMAT Instructor
User avatar
Affiliations: ManhattanGMAT
Joined: 21 Jan 2010
Posts: 354
Location: San Francisco
Followers: 325

Kudos [?]: 694 [1] , given: 11

Re: SC GMATPrep 1 Federal Reserve [#permalink] New post 20 Jun 2010, 16:33
1
This post received
KUDOS
Hey All,

A gerund is an -ing word that is a NOUN formed from a verb. "The running of the bulls", for example. A participle is an -ing or -ed word that is an ADJECTIVE formed from a verb. If I say "rising interest rates", "rising" is clearly an adjective/participle modifying "interest rates". If I said, "The sun's rising came as a shock", now "rising" has become a noun/gerund. Is that clear?

-tommy
_________________


Tommy Wallach | Manhattan GMAT Instructor | San Francisco


Manhattan GMAT Discount | Manhattan GMAT Reviews

Director
Director
avatar
Status: Impossible is not a fact. It's an opinion. It's a dare. Impossible is nothing.
Affiliations: Chicago Booth Class of 2015
Joined: 26 Nov 2009
Posts: 995
Followers: 13

Kudos [?]: 386 [0], given: 36

GMAT Tests User
Re: SC GMATPrep 1 Federal Reserve [#permalink] New post 20 Jun 2010, 22:53
tommy

I don't think "it" really refers to anything in choice E. it is singular hence cannot refer to goods.
them to be brought on credit ----> so i think them refers to goods.

Correct me if I'm wrong.

I agree E is passive.

TommyWallach wrote:
Notice that both B and E have a bad pronoun (them is highly ambiguous, because it could refer to durable goods, orders, interest rates...almost anything), but because they BOTH have it, we don't need to worry about this issue.

_________________

Please press kudos if you like my post.

Manhattan GMAT Instructor
User avatar
Affiliations: ManhattanGMAT
Joined: 21 Jan 2010
Posts: 354
Location: San Francisco
Followers: 325

Kudos [?]: 694 [0], given: 11

Re: SC GMATPrep 1 Federal Reserve [#permalink] New post 21 Jun 2010, 17:36
Hey Nusma,

That's a tough one. We sometime use "it" without a referent, so I'd allow it in answer choice E. An example of this would be "It's crazy how hot it is today." Neither "it" refers to anything, but we allow it (ha!). The bigger problem with E is the "them".

Hope that makes sense!

-t
_________________


Tommy Wallach | Manhattan GMAT Instructor | San Francisco


Manhattan GMAT Discount | Manhattan GMAT Reviews

SVP
SVP
avatar
Joined: 16 Jul 2009
Posts: 1634
Schools: CBS
WE 1: 4 years (Consulting)
Followers: 30

Kudos [?]: 220 [0], given: 2

GMAT Tests User
Re: SC GMATPrep 1 Federal Reserve [#permalink] New post 05 Jul 2010, 13:47
TommyWallach wrote:
Hey All,

A gerund is an -ing word that is a NOUN formed from a verb. "The running of the bulls", for example. A participle is an -ing or -ed word that is an ADJECTIVE formed from a verb. If I say "rising interest rates", "rising" is clearly an adjective/participle modifying "interest rates". If I said, "The sun's rising came as a shock", now "rising" has become a noun/gerund. Is that clear?

-tommy


Is not so clear.
"Rising rates is a measure taken by the Federal Reserve to bla bla bla..."
In this case Rising is a gerund, and therefore Singular.

In this SC question, i dont see that "rising" is an adjective modifying rates...
_________________

The sky is the limit
800 is the limit


Get the best GMAT Prep Resources with GMAT Club Premium Membership

1 KUDOS received
Manhattan GMAT Instructor
User avatar
Affiliations: ManhattanGMAT
Joined: 21 Jan 2010
Posts: 354
Location: San Francisco
Followers: 325

Kudos [?]: 694 [1] , given: 11

Re: SC GMATPrep 1 Federal Reserve [#permalink] New post 07 Jul 2010, 08:28
1
This post received
KUDOS
Hey Noburu,

"Rising rates..." is not a gerund. "Rising" is simply an adjective (participle) modifying the NOUN rates. Gerund's are when the "-ing" word ITSELF is the noun: "The rising of the sun is beautiful", or "The running of the bulls is a lot of fun." See how, in those examples, "rising" and "running" are the actual nouns?

If an -ing word modifies another noun, we call it a participle, which is functionally an adjective (like a gerund is functionally a noun): "The rising tide is coming." "The flying monkeys are going to eat us!" etc.

Hope that helps!

-tommy
_________________


Tommy Wallach | Manhattan GMAT Instructor | San Francisco


Manhattan GMAT Discount | Manhattan GMAT Reviews

SVP
SVP
avatar
Joined: 16 Jul 2009
Posts: 1634
Schools: CBS
WE 1: 4 years (Consulting)
Followers: 30

Kudos [?]: 220 [0], given: 2

GMAT Tests User
Re: SC GMATPrep 1 Federal Reserve [#permalink] New post 30 Jul 2010, 03:27
TommyWallach wrote:
Hey Noburu,

"Rising rates..." is not a gerund. "Rising" is simply an adjective (participle) modifying the NOUN rates. Gerund's are when the "-ing" word ITSELF is the noun: "The rising of the sun is beautiful", or "The running of the bulls is a lot of fun." See how, in those examples, "rising" and "running" are the actual nouns?

If an -ing word modifies another noun, we call it a participle, which is functionally an adjective (like a gerund is functionally a noun): "The rising tide is coming." "The flying monkeys are going to eat us!" etc.

Hope that helps!

-tommy


Im still not catching this thing.

I understand your points, and I see that an -ing can be both an adjective modifying a noun and a gerund.

However, look at this example:
Rising rates IS the measure taken by the Goverment to...

Here, rising is a gerund, isnt it?

It is referring to the action of rising (rates), not to the rates.

Very confusing stuff.
_________________

The sky is the limit
800 is the limit


Get the best GMAT Prep Resources with GMAT Club Premium Membership

Manager
Manager
avatar
Joined: 20 Jul 2010
Posts: 198
Followers: 2

Kudos [?]: 54 [0], given: 7

GMAT Tests User
Re: SC GMATPrep 1 Federal Reserve [#permalink] New post 30 Jul 2010, 05:54
B.. clear, concise and meaning stated perfectly.
_________________

Gotta hit the 700 score this time... 3rd time lucky !
Give me some kudos... Like you, even I need them badly ;)

Re: SC GMATPrep 1 Federal Reserve   [#permalink] 30 Jul 2010, 05:54
    Similar topics Author Replies Last post
Similar
Topics:
4 Experts publish their posts in the topic Noting that the Federal Reserve had raised a key short-term Gnpth 10 28 Jul 2014, 09:26
1 Experts publish their posts in the topic Noting that the Federal Reserve had raised a key short-term alexn49 3 27 Nov 2010, 05:44
Noting that the Federal Reserve had raised a key short-term age 4 31 Aug 2009, 11:13
Since February, the Federal Reserve has raised its perezhan 2 21 Mar 2005, 20:46
Since February, the Federal Reserve has raised its mba4me 5 11 Sep 2004, 12:39
Display posts from previous: Sort by

Noting that the Federal Reserve had raised a key short-term

  Question banks Downloads My Bookmarks Reviews Important topics  

Go to page    1   2    Next  [ 40 posts ] 



cron

GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.