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Do you guys study a RC word list or you just pick up new words from RCs you read to study? How importannt of vocabularies do you think? With LSAT's RC, I would cry if my vocabularies are not good. But with OG I don't see vocabularies are that important. Of course I know that LSAT's RCs are harder than OG's, but how is the real GMAT?
I have not given the real GMAT yet, but until now haven't done any extra preparation for vocabulary. IMO, complicated/difficult words are hardly used (the scientific, archeological terms which pop up in the tough ones aren't part of regular vocab. anyways). And when they are, it is easy to make a educated guess looking at the context. So I thought it better to spend the time and energy on practicing quant and verbal parts rather than adding up to vocab.
But if you have plenty of time in hand, it never harms. Better vocabulary and the right usage will help in AWA section too. Good luck!
According to the GMAC research, vocabulary lists have no impact on the GMAT score (that's GRE-like vocabulary).
On the other hand, if you are an international student and continue seeing a lot of unknown words, that will hurt your score. I would suggest you build a list of your own words (just write them down in a notepad). This will give you context and probably a shorter list than what you will find elsewhere. _________________