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

It is currently 26 Jul 2016, 03:28
GMAT Club Tests

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

When housing prices climb too quickly, the Federal Reserve

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:

Hide Tags

Senior Manager
Senior Manager
avatar
Joined: 17 Mar 2009
Posts: 309
Followers: 7

Kudos [?]: 417 [0], given: 22

When housing prices climb too quickly, the Federal Reserve [#permalink]

Show Tags

New post 15 Aug 2009, 02:18
1
This post was
BOOKMARKED
00:00
A
B
C
D
E

Difficulty:

  15% (low)

Question Stats:

85% (01:34) correct 15% (00:54) wrong based on 117 sessions

HideShow timer Statistics

When housing prices climb too quickly, the Federal Reserve often responds by raising the key interest rate, which has the curious effect of actually lowering housing prices instead of raise them, as one might expect.

A) which has the curious effect of actually lowering housing prices instead of raise them

B) an action that has the curious effect of actually lowering housing prices rather than raising them

C) which has the curious effect of actually lowering housing prices instead of raising them

D) which rather than raising housing prices actually has the curious effect of lowering them

E) an action that has the curious effect of actually lowering housing prices instead of raise them
[Reveal] Spoiler: OA

Last edited by Vyshak on 05 May 2016, 22:32, edited 1 time in total.
Updated OA
1 KUDOS received
Senior Manager
Senior Manager
avatar
Joined: 25 Jul 2009
Posts: 330
Followers: 1

Kudos [?]: 73 [1] , given: 0

Re: When housing prices climb too quickly, the Federal Reserve [#permalink]

Show Tags

New post 15 Aug 2009, 04:40
1
This post received
KUDOS
only option B used rather than and parallel; makes life easy :-)
Director
Director
avatar
Joined: 01 Aug 2008
Posts: 769
Followers: 4

Kudos [?]: 483 [0], given: 99

Re: When housing prices climb too quickly, the Federal Reserve [#permalink]

Show Tags

New post 15 Aug 2009, 05:03
'which' refers to 'the key interest rate' ..so A, C and D gone ..

now in B and E ... you use 'rather than' to compare clauses ..so only B is doing that ..

IMO B.
Manager
Manager
avatar
Joined: 17 Jul 2011
Posts: 93
Followers: 1

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

Re: When housing prices climb too quickly, the Federal Reserve [#permalink]

Show Tags

New post 19 Dec 2011, 01:42
B

which refer to immediate noun thats why "an action" is required...
rather than is preferred over instead of
Senior Manager
Senior Manager
avatar
Joined: 12 Oct 2011
Posts: 272
Followers: 0

Kudos [?]: 38 [0], given: 110

Re: When housing prices climb too quickly, the Federal Reserve [#permalink]

Show Tags

New post 05 Jan 2012, 07:07
Simple one. B it is. The "raising of the key interest rate", NOT "the key interest rate" itself, has the "curious effect...".
Only B and E convey the proper meaning.
B maintains parallelism and E does not.
B is the answer.
_________________

Consider KUDOS if you feel the effort's worth it

GMAT Club Legend
GMAT Club Legend
User avatar
Joined: 01 Oct 2013
Posts: 8770
Followers: 770

Kudos [?]: 157 [0], given: 0

Premium Member
Re: When housing prices climb too quickly, the Federal Reserve [#permalink]

Show Tags

New post 01 Jul 2016, 21:38
Hello from the GMAT Club VerbalBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
Re: When housing prices climb too quickly, the Federal Reserve   [#permalink] 01 Jul 2016, 21:38
    Similar topics Author Replies Last post
Similar
Topics:
46 Experts publish their posts in the topic The Federal Reserve announcement said pradeepss 20 20 Nov 2013, 18:47
14 The Federal Reserve bond buyback ishanand 8 18 Jul 2013, 11:32
Both the Federal Reserves decision that borrowing rates be Allen760 4 22 Oct 2006, 22:07
Since February, the Federal Reserve has raised its jerrywu 8 18 Oct 2006, 07:11
Since February, the Federal Reserve has raised its apollo168 14 04 Sep 2006, 23:40
Display posts from previous: Sort by

When housing prices climb too quickly, the Federal Reserve

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| 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®.