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

It is currently 21 Oct 2014, 07:28

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

People with serious financial problems are so worried about

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:
Senior Manager
Senior Manager
User avatar
Joined: 07 Feb 2008
Posts: 315
Followers: 1

Kudos [?]: 47 [0], given: 1

People with serious financial problems are so worried about [#permalink] New post 25 Mar 2008, 07:51
00:00
A
B
C
D
E

Difficulty:

  55% (hard)

Question Stats:

51% (01:48) correct 49% (00:54) wrong based on 91 sessions
People with serious financial problems are so worried about money that they cannot be happy. Their misery makes everyone close to them—family, friends, colleagues—unhappy as well. Only if their financial problems are solved can they and those around them be happy.
Which one of the following statements can be properly inferred from the passage?
(A) Only serious problems make people unhappy.
(B) People who solve their serious financial problems will be happy.
(C) People who do not have serious financial problems will be happy.
(D) If people are unhappy, they have serious financial problems.
(E) If people are happy, they do not have serious financial problems.
[Reveal] Spoiler: OA

Last edited by mau5 on 17 Jul 2013, 20:24, edited 1 time in total.
Added the OA
1 KUDOS received
Manager
Manager
User avatar
Joined: 21 Feb 2008
Posts: 70
Followers: 2

Kudos [?]: 27 [1] , given: 1

Re: CR People with serious financial problems [#permalink] New post 25 Mar 2008, 07:53
1
This post received
KUDOS
Vavali wrote:
People with serious financial problems are so worried about money that they cannot be happy. Their misery makes everyone close to them—family, friends, colleagues—unhappy as well. Only if their financial problems are solved can they and those around them be happy.
Which one of the following statements can be properly inferred from the passage?
(A) Only serious problems make people unhappy.
(B) People who solve their serious financial problems will be happy.
(C) People who do not have serious financial problems will be happy.
(D) If people are unhappy, they have serious financial problems.
(E) If people are happy, they do not have serious financial problems.


IMO B
_________________

Is this okay?

2 KUDOS received
Manager
Manager
avatar
Joined: 14 Mar 2008
Posts: 136
Followers: 1

Kudos [?]: 10 [2] , given: 0

Re: CR People with serious financial problems [#permalink] New post 25 Mar 2008, 08:27
2
This post received
KUDOS
(E), although my initial thought was (B)

(B) sounds right because it's somewhat stated in the conclusion of the argument. But the word "will" is too extreme because the argument uses the word "can".

(E) sounds right because of the inference rule that A->B, then !B->!A.
So serious financial problems -> not happy, then
happy -> no serious financial problems
Senior Manager
Senior Manager
User avatar
Joined: 01 Feb 2005
Posts: 274
Followers: 1

Kudos [?]: 30 [0], given: 1

Re: CR People with serious financial problems [#permalink] New post 25 Mar 2008, 16:42
People with serious financial problems are so worried about money that they cannot be happy. Their misery makes everyone close to them—family, friends, colleagues—unhappy as well. Only if their financial problems are solved can they and those around them be happy.
Which one of the following statements can be properly inferred from the passage?
(A) Only serious problems make people unhappy.
(B) People who solve their serious financial problems will be happy. --> Best Answer
(C) People who do not have serious financial problems will be happy.
(D) If people are unhappy, they have serious financial problems.
(E) If people are happy, they do not have serious financial problems.
1 KUDOS received
SVP
SVP
avatar
Joined: 04 May 2006
Posts: 1941
Schools: CBS, Kellogg
Followers: 18

Kudos [?]: 321 [1] , given: 1

Premium Member
Re: CR People with serious financial problems [#permalink] New post 25 Mar 2008, 20:02
1
This post received
KUDOS
zhenmaster wrote:
(E), although my initial thought was (B)

(B) sounds right because it's somewhat stated in the conclusion of the argument. But the word "will" is too extreme because the argument uses the word "can".

(E) sounds right because of the inference rule that A->B, then !B->!A.
So serious financial problems -> not happy, then
happy -> no serious financial problems


That's right
_________________

Get the best GMAT Prep Resources with GMAT Club Premium Membership

1 KUDOS received
Manager
Manager
avatar
Joined: 25 Mar 2008
Posts: 106
Followers: 1

Kudos [?]: 10 [1] , given: 0

Re: CR People with serious financial problems [#permalink] New post 26 Mar 2008, 03:01
1
This post received
KUDOS
People with serious financial problems are so worried about money that they cannot be happy. Their misery makes everyone close to them—family, friends, colleagues—unhappy as well. Only if their financial problems are solved can they and those around them be happy.
Which one of the following statements can be properly inferred from the passage?
(A) Only serious problems make people unhappy.
(B) People who solve their serious financial problems will be happy. --> Best Answer
(C) People who do not have serious financial problems will be happy.
(D) If people are unhappy, they have serious financial problems.
(E) If people are happy, they do not have serious financial problems.


i will go with : B
1 KUDOS received
Director
Director
avatar
Joined: 01 May 2007
Posts: 795
Followers: 1

Kudos [?]: 79 [1] , given: 0

Re: CR People with serious financial problems [#permalink] New post 26 Mar 2008, 18:14
1
This post received
KUDOS
I said E.

Inferred --> Means we should hit the premises.....Premise..People with serious financial problems are so worried about money that they cannot be happy.

People with serious financial problems are so worried about money that they cannot be happy. Their misery makes everyone close to them—family, friends, colleagues—unhappy as well. Only if their financial problems are solved can they and those around them be happy.
Which one of the following statements can be properly inferred from the passage?
(A) Only serious problems make people unhappy.
(B) People who solve their serious financial problems will be happy. --> Best Answer
(C) People who do not have serious financial problems will be happy.
(D) If people are unhappy, they have serious financial problems.
(E) If people are happy, they do not have serious financial problems. We can infer that people are happy, they do not have serious financial problems....If they did have serious financial problems, they could not be happy.
Senior Manager
Senior Manager
User avatar
Joined: 07 Feb 2008
Posts: 315
Followers: 1

Kudos [?]: 47 [0], given: 1

Re: CR People with serious financial problems [#permalink] New post 27 Mar 2008, 01:33
zhenmaster wrote:
(E), although my initial thought was (B)

(B) sounds right because it's somewhat stated in the conclusion of the argument. But the word "will" is too extreme because the argument uses the word "can".

(E) sounds right because of the inference rule that A->B, then !B->!A.
So serious financial problems -> not happy, then
happy -> no serious financial problems


zhenmaster I like your explanation, do you care to extend on it
1 KUDOS received
Intern
Intern
avatar
Joined: 07 Jan 2006
Posts: 49
Followers: 0

Kudos [?]: 3 [1] , given: 0

Re: CR People with serious financial problems [#permalink] New post 27 Mar 2008, 07:08
1
This post received
KUDOS
I think it's E.

(B) People who solve their serious financial problems will be happy.

B may not be right because their family and friends might have serious financial problems that cause them to be unhappy as well.
1 KUDOS received
Intern
Intern
avatar
Joined: 15 Jan 2008
Posts: 26
Followers: 0

Kudos [?]: 4 [1] , given: 0

Re: CR People with serious financial problems [#permalink] New post 27 Mar 2008, 07:22
1
This post received
KUDOS
I'll go with E..

Agree with zhenmaster


What does the OA say ?
1 KUDOS received
Senior Manager
Senior Manager
User avatar
Joined: 19 Nov 2007
Posts: 477
Followers: 3

Kudos [?]: 52 [1] , given: 4

GMAT ToolKit User
Re: CR People with serious financial problems [#permalink] New post 27 Mar 2008, 08:44
1
This post received
KUDOS
E for me too.
OA?
_________________

-Underline your question. It takes only a few seconds!
-Search before you post.

1 KUDOS received
Manager
Manager
avatar
Joined: 28 Sep 2007
Posts: 214
Followers: 1

Kudos [?]: 17 [1] , given: 0

Reviews Badge
Re: CR People with serious financial problems [#permalink] New post 27 Mar 2008, 18:28
1
This post received
KUDOS
Nice logic on E. But I still like B. OA?
1 KUDOS received
Director
Director
User avatar
Joined: 14 Jan 2007
Posts: 782
Followers: 2

Kudos [?]: 56 [1] , given: 0

Re: CR People with serious financial problems [#permalink] New post 27 Mar 2008, 18:38
1
This post received
KUDOS
I would go for 'E'.
Senior Manager
Senior Manager
User avatar
Joined: 07 Feb 2008
Posts: 315
Followers: 1

Kudos [?]: 47 [0], given: 1

Re: CR People with serious financial problems [#permalink] New post 30 Mar 2008, 08:13
OA is E 8-)
Manager
Manager
avatar
Status: How easy it is?
Joined: 09 Nov 2012
Posts: 122
Location: India
Concentration: Operations, General Management
GMAT 1: 650 Q50 V27
GMAT 2: 710 Q49 V37
GPA: 3.5
WE: Operations (Other)
Followers: 1

Kudos [?]: 46 [0], given: 171

GMAT ToolKit User Reviews Badge
Re: People with serious financial problems are so worried about [#permalink] New post 16 Jul 2013, 05:56
I have a doubt in this question:

This question has two "if-then" relations.
Premise : Serious Financial Problems (SFP) ----> Not Happy ( H not)
Conclusion : SFP not -----> Happy

Now, as I read somewhere that the correct inference of if X---->then Y ,is, if not Y----->then not X (Please correct me if this concept is incorrect)
option D says : Happy not------> SFP ,which correctly infers the conclusion.
option E says : Happy-----> SFP not, which correctly infers the premise.

Can someone please identify and highlight the error in application of the concept or the concept itself I mentioned?
VP
VP
User avatar
Status: Far, far away!
Joined: 02 Sep 2012
Posts: 1125
Location: Italy
Concentration: Finance, Entrepreneurship
GPA: 3.8
Followers: 113

Kudos [?]: 1190 [0], given: 219

GMAT ToolKit User
Re: People with serious financial problems are so worried about [#permalink] New post 16 Jul 2013, 06:05
nitin6305 wrote:
I have a doubt in this question:

This question has two "if-then" relations.
Premise : Serious Financial Problems (SFP) ----> Not Happy ( H not)
Conclusion : SFP not -----> Happy

Now, as I read somewhere that the correct inference of if X---->then Y ,is, if not Y----->then not X (Please correct me if this concept is incorrect)
option D says : Happy not------> SFP ,which correctly infers the conclusion.
option E says : Happy-----> SFP not, which correctly infers the premise.

Can someone please identify and highlight the error in application of the concept or the concept itself I mentioned?


SFP is not the only cause of unhappiness.

(D) If people are unhappy, they have serious financial problems.
they could be unhappy because of other reasons as well (their team lost, and so on...), not ONLY because of sfp.

E is correct because the presence of happiness excludes the presence of SFP ( because if they were present they would NOT be happy).
(E) If people are happy, they do not have serious financial problems.
_________________

It is beyond a doubt that all our knowledge that begins with experience.

Kant , Critique of Pure Reason

Tips and tricks: Inequalities , Mixture | Review: MGMAT workshop
Strategy: SmartGMAT v1.0 | Questions: Verbal challenge SC I-II- CR New SC set out !! , My Quant

Rules for Posting in the Verbal Forum - Rules for Posting in the Quant Forum[/size][/color][/b]

Current Student
avatar
Status: Prep Mode
Joined: 25 Apr 2012
Posts: 165
Location: India
Followers: 3

Kudos [?]: 70 [0], given: 69

Reviews Badge
Re: People with serious financial problems are so worried about [#permalink] New post 17 Jul 2013, 20:19
@Zarrolou

I may be the saying the same thing, but want to check whether my approach is fine.

"Only if their financial problems are solved can they and those around them be happy." ==> Necessary condition

implies that for a person to be happy, he must not have any serious financial difficulties.

So (E) => If a person is happy, then he must have crossed the necessary condition i.e. he does not face any serious financial problems.

"People with serious financial problems cannot be happy." ==> One of the factors to be unhappy

(D) => if people are unhappy, they have serious financial problems => one of the factors so they may have/not have financial problems => CAN'T INFER
1 KUDOS received
VP
VP
User avatar
Status: Far, far away!
Joined: 02 Sep 2012
Posts: 1125
Location: Italy
Concentration: Finance, Entrepreneurship
GPA: 3.8
Followers: 113

Kudos [?]: 1190 [1] , given: 219

GMAT ToolKit User
Re: People with serious financial problems are so worried about [#permalink] New post 17 Jul 2013, 22:15
1
This post received
KUDOS
Gian wrote:
@Zarrolou

I may be the saying the same thing, but want to check whether my approach is fine.

"Only if their financial problems are solved can they and those around them be happy." ==> Necessary condition

implies that for a person to be happy, he must not have any serious financial difficulties.

So (E) => If a person is happy, then he must have crossed the necessary condition i.e. he does not face any serious financial problems.

"People with serious financial problems cannot be happy." ==> One of the factors to be unhappy

(D) => if people are unhappy, they have serious financial problems => one of the factors so they may have/not have financial problems => CAN'T INFER


Perfect.
Because we do not not if SFP is the ONLY cause of unhappiness, D is incorrect (there could be other factors).
_________________

It is beyond a doubt that all our knowledge that begins with experience.

Kant , Critique of Pure Reason

Tips and tricks: Inequalities , Mixture | Review: MGMAT workshop
Strategy: SmartGMAT v1.0 | Questions: Verbal challenge SC I-II- CR New SC set out !! , My Quant

Rules for Posting in the Verbal Forum - Rules for Posting in the Quant Forum[/size][/color][/b]

Re: People with serious financial problems are so worried about   [#permalink] 17 Jul 2013, 22:15
    Similar topics Author Replies Last post
Similar
Topics:
1 Citizens of Parktown are worried by the increased frequency of serious TooLong150 0 04 Oct 2014, 06:31
3 People with serious financial problems are so worried about lahoosaher 13 20 Sep 2009, 05:48
2 People with serious financial problems are so worried about talk2pk 17 13 Sep 2009, 01:38
People with serious financial problems are so worried about bhatiagp 6 25 Jun 2008, 10:20
People with serious financial problems are so worried about marcodonzelli 2 14 Mar 2008, 06:04
Display posts from previous: Sort by

People with serious financial problems are so worried about

  Question banks Downloads My Bookmarks Reviews Important topics  


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®.