{"id":45817,"date":"2019-06-07T02:00:50","date_gmt":"2019-06-07T09:00:50","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/?p=45817"},"modified":"2019-06-02T14:24:07","modified_gmt":"2019-06-02T21:24:07","slug":"question-of-the-day-june-7-2","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/question-of-the-day-june-7-2\/","title":{"rendered":"Question of the Day (June 7)"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" style=\"text-align:center\">Quant<\/h2>\n\n\n<p>Is triangle <img decoding=\"async\" src=\"https:\/\/gmatclub.com\/cgi-bin\/mimetex.cgi?ABC\" alt=\"ABC\" class=\"latex\"> equilateral?<\/p>\n<p>(1) <img decoding=\"async\" src=\"https:\/\/gmatclub.com\/cgi-bin\/mimetex.cgi?AB%20%3D%201\" alt=\"AB = 1\" class=\"latex\"><\/p>\n<p>(2) <img decoding=\"async\" src=\"https:\/\/gmatclub.com\/cgi-bin\/mimetex.cgi?BC%20%2B%20AC%20%3D%202\" alt=\"BC + AC = 2\" class=\"latex\"><\/p>\n\n\n<p><a href=\"https:\/\/gmatclub.com\/forum\/m03-183593.html\">Question Discussion &amp; Explanation<\/a><\/p>\n\n\n<p><strong>Correct Answer<\/strong>&nbsp;-&nbsp;<span style=\"color: #ffffff;\">E <\/span>-&nbsp;(click and drag your mouse to see the answer)<\/p>\n\n\n<p> __________________________________________________________________________ <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" style=\"text-align:center\">Verbal<\/h2>\n\n\n<p>Business are suffering because of a lack of money available for development loans. To help businesses, the government plans to modify the income-tax structure in order to induce individual taxpayers to put a larger portion of their incomes into retirement savings accounts, because as more money is deposited in such accounts, more money becomes available to borrowers.<\/p>\n<p>Which of the following, if true, raises the most serious doubt regarding the effectiveness of the government's plan to increase the amount of money available for development loans for businesses?<\/p>\n<p>(A) When levels of personal retirement savings increase, consumer borrowing always increases correspondingly.<br>(B) The increased tax revenue the government would receive as a result of business expansion would not offset the loss in revenue from personal income taxes during the first year of the plan.<br>(C) Even with tax incentives, some people will choose not to increase their levels of retirement savings.<br>(D) Bankers generally will not continue to lend money to businesses whose prospective earnings are insufficient to meet their loan repayment schedules.<br>(E) The modified tax structure would give all taxpayers, regardless of their incomes, the same tax savings for a given increase in their retirement savings.<\/p>\n\n\n<p><a href=\"https:\/\/gmatclub.com\/forum\/business-are-suffering-because-of-a-lack-of-money-available-for-develo-88325.html\">Question Discussion &amp; Explanation<\/a><\/p>\n\n\n<p><strong>Correct Answer<\/strong>&nbsp;-&nbsp;<span style=\"color: #ffffff;\">A<\/span>&nbsp;-&nbsp;(click and drag your mouse to see the answer)<\/p>\n\n\n<h4 class=\"wp-block-heading\"><strong><a href=\"https:\/\/gmatclub.com\/forum\/topic283478.html\">Bonus RC Question of the Day<\/a><\/strong><\/h4>\n\n\n<p><a href=\"https:\/\/gmatclub.com\/forum\/pythagurus-mba-consulting-scholarships-for-top-mba-applicants-291861.html\"><strong>Like these questions?<\/strong>&nbsp;Get the&nbsp;<strong>GMAT Club CAT\u2019s<\/strong><\/a><!--EndFragment--><!--EndFragment--><!--EndFragment--><!--EndFragment--><\/p>\n<p><!--EndFragment--><\/p>\n<p><!--EndFragment--><\/p>\n<p><!--EndFragment--><\/p>\n<p><!--EndFragment--><\/p>\n<p><!--EndFragment--><\/p>","protected":false},"excerpt":{"rendered":"<p>Quant Is triangle equilateral? (1) (2) Question Discussion &amp; Explanation Correct Answer&nbsp;&#8211;&nbsp;E &#8211;&nbsp;(click and drag your mouse to see the answer) __________________________________________________________________________ Verbal Business are suffering because of a lack&#8230;<\/p>\n","protected":false},"author":159,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[152,9,243],"tags":[],"class_list":["post-45817","post","type-post","status-publish","format-standard","hentry","category-gmat-tests","category-gmat","category-blog","entry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/45817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/users\/159"}],"replies":[{"embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/comments?post=45817"}],"version-history":[{"count":2,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/45817\/revisions"}],"predecessor-version":[{"id":45830,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/45817\/revisions\/45830"}],"wp:attachment":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/media?parent=45817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/categories?post=45817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/tags?post=45817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}