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The downturn in the economy last year has prompted many

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Re: Difficult Evaluate the Argument [#permalink] New post 03 Apr 2011, 08:56
The key word is discretionary. Answer c points out the necessities which is inevitable.

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Re: Difficult Evaluate the Argument [#permalink] New post 03 Apr 2011, 18:34
I chose E and feel that B,C, and E are equally good to address the issue.

B- the question talk about the general public savings, so if the savings of the layoffs decrease -> the general savings will decrease.
C- If the prices of necessary goods, or any good, increase, they will likely affect savings
E- If the wage level decrease, the savings will likely be affected

Any input?
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Re: Difficult Evaluate the Argument [#permalink] New post 06 Apr 2011, 05:42
C it is
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Re: Difficult Evaluate the Argument [#permalink] New post 14 Jun 2011, 03:22
its a plain C here without hassles.
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Re: Difficult Evaluate the Argument [#permalink] New post 14 Jun 2011, 14:54
Should be C...talking about the general public
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Re: The downturn in the economy last year has prompted many [#permalink] New post 18 May 2012, 07:58
I missed this one because i did not think of the general population as a whole. Pretty tricky.
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Re: The downturn in the economy last year has prompted many [#permalink] New post 18 May 2012, 22:58
Argument states :
there has been no increase in the amount of money set aside by the general public in savings accounts even though people may have cut on discretionary spending.

To validate this argument what would be most useful to know is :
Whether people have to spend same amount of money that they used to earlier on necessary things.

Option C does precisely that by explaining that prices of necessary commodities have increased in the period since layoffs.
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Re: The downturn in the economy last year has prompted many [#permalink] New post 25 Jun 2012, 05:24
Correct answer is C.

It provides an alternative explanation to why savings rate are not going up, i.e. possibly because prices of food and other necessities are going up, people are using monies that could have been saved for this increased expenditures.

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Re: The downturn in the economy last year has prompted many [#permalink] New post 25 Jun 2012, 05:32
You can rule out B just by reading the stem: The answer to which of the following questions would be most useful in evaluating the significance of the savings patterns described above?

Answer B doesn't even address the savings pattern.

Correct answer should be C.
Re: The downturn in the economy last year has prompted many   [#permalink] 25 Jun 2012, 05:32
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