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American economists continually attempt to gauge the health of the eco

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Sajal12
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Re: American economists continually attempt to gauge the health of the eco [#permalink] New post   27 Jul 2021, 10:46
Hi experts,

Can someone shed light on the answer for Q4?
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Sajjad1994
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Re: American economists continually attempt to gauge the health of the eco [#permalink] New post   28 Jul 2021, 02:16
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Official Explanation


4. The passage suggests that lagging indicators would be least helpful in determining which of the following?

Difficulty Level: 700

Explanation

Lagging indicators have no predictive power. They serve simply as confirmation of the recent state of the economy. Therefore, lagging indicators would not be helpful in determining future courses of action.

(A) This does not require predictive power.

(B) CORRECT. This choice – cutting costs to avoid short-term losses – requires predictive power. And so lagging indicators would not be helpful in determining whether companies should follow this course of action.

(C) This does not require predictive power.

(D) This does not require predictive power.

(E) This does not require predictive power.

Answer: B


Sajal12 wrote:
Hi experts,

Can someone shed light on the answer for Q4?
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Lizshadehdg
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Re: American economists continually attempt to gauge the health of the eco [#permalink] New post   13 Feb 2024, 05:57
­I think the key word of Option B being the right answer for Q4 is "Avoid". This implies that the company is making decision based on a predicting indicator and takes actions to AVOID the anticipated event. 
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Re: American economists continually attempt to gauge the health of the eco [#permalink] New post   26 Mar 2024, 05:25
How is 4 th question E justified , where in the passage it talks about government ?
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Re: American economists continually attempt to gauge the health of the eco [#permalink] New post   27 Mar 2024, 12:08
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rmahe11 wrote:
How is 4 th question E justified , where in the passage it talks about government ?

­Hi rmahe11

You are probably missing something; the OA of question #4 is B, not E. The official explanation of the same question is also available here.

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Re: American economists continually attempt to gauge the health of the eco [#permalink]
27 Mar 2024, 12:08
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