Last visit was: 13 Jul 2024, 00:07 It is currently 13 Jul 2024, 00:07
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.
Close
Request Expert Reply
Confirm Cancel
Tags:
Show Tags
Hide Tags
Manager
Manager
Joined: 13 Dec 2023
Status:Applying in R1 of 2024 to t15
Affiliations: University of Tennessee
Posts: 133
Own Kudos [?]: 206 [17]
Given Kudos: 47
Location: United States (CO)
Concentration: Strategy, Finance
GMAT Focus 1:
605 Q76 V84 DI80
GMAT Focus 2:
615 Q78 V86 DI78
GPA: 3.62
WE:Analyst (Consumer Products)
Send PM
Intern
Intern
Joined: 21 Feb 2024
Posts: 4
Own Kudos [?]: 8 [2]
Given Kudos: 26
Send PM
VP
VP
Joined: 29 Oct 2015
Posts: 1048
Own Kudos [?]: 396 [0]
Given Kudos: 647
GMAT 1: 570 Q42 V28
Send PM
Director
Director
Joined: 16 Jul 2019
Posts: 589
Own Kudos [?]: 261 [0]
Given Kudos: 165
Send PM
Based on the information in the graph, peaks in civilian unemployment [#permalink]
Focus on peaks and grey area (recession). I also misinterpreted and got both wrong.<br />
<br />
1) Peaks appear after end of recession.<br />
2) after 1940- value of peak is 6%, value of peak after 1990 is 8%, hence 6% is decrease from 8%­
Attachments

Capture.GIF
Capture.GIF [ 31.79 KiB | Viewed 1077 times ]

Intern
Intern
Joined: 21 Dec 2023
Posts: 22
Own Kudos [?]: 3 [0]
Given Kudos: 4
Send PM
Re: Based on the information in the graph, peaks in civilian unemployment [#permalink]
Comparison is done wrt 1990s. How answer would be steep decrease. It has increased to 8% in 1940s from 6% in 1990s.
Tutor
Joined: 16 Oct 2010
Posts: 15106
Own Kudos [?]: 66593 [1]
Given Kudos: 436
Location: Pune, India
Send PM
Based on the information in the graph, peaks in civilian unemployment [#permalink]
1
Kudos
Expert Reply
Fish181 wrote:

­
Select from each of the drop-down menus the option that creates the most accurate statement.

Based on the information in the graph, peaks in civilian unemployment rates occurred nearest the [Dropdown Placeholder #1] of a recession.

Based on the information in the graph, the period immediately following the recession ending in the late 1940s, compared with the period immediately following the recession ending in the early 1990s, was characterized by [Dropdown Placeholder #2] in civilian unemployment rates.­

ID: 100316

Attachment:
The attachment 2222222.PNG is no longer available
­

­The graph indicates recessions using the grey bars so first recession started in 1945 and ended in 1946 approx. Second recession started in 1949 and ended in 1950 (just before) etc. 

Based on the information in the graph, peaks in civilian unemployment rates occurred nearest the ___ of a recession.

Attachment:
Screenshot 2024-06-20 at 6.13.59 PM.png
Screenshot 2024-06-20 at 6.13.59 PM.png [ 143.74 KiB | Viewed 926 times ]


The unemployment rate is highest (peaks) at the end of the recessions (or slightly after that in recent years). 

ANSWER:End

Based on the information in the graph, the period immediately following the recession ending in the late 1940s, compared with the period immediately following the recession ending in the early 1990s, was characterized by ____ in civilian unemployment rates.­

Attachment:
Screenshot 2024-06-20 at 6.15.34 PM.png
Screenshot 2024-06-20 at 6.15.34 PM.png [ 133.46 KiB | Viewed 921 times ]


The period immediately following the recession in late 1940s witnessed a sharp decline in unemploment rate (from 8% to about 3%) as shown by the slope of the blue line after the peak.
In comparison, the  period immediately following the recession in early 1990s witnessed an increase in unemploment rate (from 6.5% to about 7.7%) as shown by the upward slope of the blue line to reach the peak.

Hence period following the recession ending in the late 1940s was characterized by a steep decline in civilian unemployment rates.­

ANSWER: a steep decrease­
RC & DI Moderator
Joined: 02 Aug 2009
Status:Math and DI Expert
Posts: 11468
Own Kudos [?]: 34265 [0]
Given Kudos: 322
Send PM
Re: Based on the information in the graph, peaks in civilian unemployment [#permalink]
Expert Reply
sayan640 wrote:
KarishmaB GMATinsight chetan2u
I was confused in the second question.
The period immediately following the recession ending in the late 1940s, compared with the period immediately following the recession ending in the early 1990s, was characterized by  steep increase/ decrease.

The period immediately following the recession ending in the late 1940s = around 8%
The period immediately following the recession ending in the early 1990s = around 6%
I thought it would be "steep increase" as we have  "The period immediately following the recession ending in the late 1940s" as the subject of the sentence. 
Not sure how it became "steep decerease" .
Please help KarishmaB

Fish181 wrote:

­
Select from each of the drop-down menus the option that creates the most accurate statement.

Based on the information in the graph, peaks in civilian unemployment rates occurred nearest the [Dropdown Placeholder #1] of a recession.

Based on the information in the graph, the period immediately following the recession ending in the late 1940s, compared with the period immediately following the recession ending in the early 1990s, was characterized by [Dropdown Placeholder #2] in civilian unemployment rates.­

ID: 100316

Attachment:
2222222.PNG
­

­

­You are looking at immediately at the end of recession, while the question asks you about period after end of recession. So, look at few years after recession. 
You would see the unemployment falls steeply while after recession in 1990s, it is a gradual decrease. Hence steep decline is the answer. 
Intern
Intern
Joined: 02 Aug 2021
Posts: 1
Own Kudos [?]: 0 [0]
Given Kudos: 33
Location: Singapore
Schools: HBS
Send PM
Based on the information in the graph, peaks in civilian unemployment [#permalink]
From OG for question 2,

In the area immediately to the right of the shaded area in the period on the graph that depicts the recession of the late 1940s, the line indicating the civilian unemployment rate has a steep downward slope. In the area immediately to the right of the shaded area in the period on the graph that depicts the recession of the early 1990s, the line indicating the civilian unemployment rate slopes upward for a short distance and then slopes downward less steeply than immediately to the right of the late-1940s recession. Thus, the information in the graph indicates that the period immediately following the recession of the 1940s, compared to the period immediately following the recession of the early 1990s, was characterized by a steep decrease in the civilian unemployment rate.­
GMAT Club Bot
Based on the information in the graph, peaks in civilian unemployment [#permalink]
Moderators:
Math Expert
94302 posts
DI Forum Moderator
998 posts
RC & DI Moderator
11468 posts