Last visit was: 20 Sep 2024, 05:40 It is currently 20 Sep 2024, 05:40
Toolkit
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

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.

# Citing the fact that the real gross domestic product (GDP) per capita

SORT BY:
Tags:
Show Tags
Hide Tags
Joined: 05 Dec 2014
Posts: 178
Own Kudos [?]: 61 [0]
Given Kudos: 289
Location: India
GMAT 1: 660 Q49 V31
GPA: 3.54
Joined: 26 Feb 2017
Posts: 24
Own Kudos [?]: 5 [0]
Given Kudos: 123
Location: India
Current Student
Joined: 24 Jan 2017
Posts: 141
Own Kudos [?]: 46 [0]
Given Kudos: 1120
Location: Brazil
Concentration: Entrepreneurship, Strategy
Schools: Fuqua '24 (A)
GPA: 3.2
WE:Consulting (Health Care)
Joined: 11 Aug 2019
Posts: 68
Own Kudos [?]: 25 [0]
Given Kudos: 112
Re: Citing the fact that the real gross domestic product (GDP) per capita [#permalink]
"It was less than it had been between 1873 and 1973 because labor productivity grew less between 1973 and 1997 than it had between 1873 and 1973."

It is true that it was 1.5% slower than it had been between 1873 and 1973.
It is also true that it was because the slow growth rate of labor productivity. Without such slow growth rate of labor productivity, the growth rate of real GDP would have surpassed that between 1873 and 1973:

"However, because labor productivity grew by only one percent in 1997, real GDP per capita grew more slowly in 1997 than it had on average between 1873 and 1973."

We also know that the 24 years preceding it, the rate had been the same:
"One point these journalists overlooked is that in 1997, as in the twenty-four years immediately preceding it...."

Thank you!
Joined: 13 Jun 2020
Posts: 1
Own Kudos [?]: 0 [0]
Given Kudos: 0
GPA: 3.89
Re: Citing the fact that the real gross domestic product (GDP) per capita [#permalink]

3. It can be inferred from the passage that which of the following is the reason that the author faults the journalists referred to in highlight text?

(A) They believe that the real GDP per capita in 1997 was higher than the real GDP per capita had ever been before.
Current Student
Joined: 04 Jan 2020
Posts: 106
Own Kudos [?]: 109 [0]
Given Kudos: 122
Location: India
GMAT 1: 700 Q48 V38
GPA: 3.02
Re: Citing the fact that the real gross domestic product (GDP) per capita [#permalink]
Agree with WoundedTiger. Thanks for your explanation

WoundedTiger

1. The passage is primarily concerned with
A. comparing various measures used to assess the performance of the United States economy in 1997
B. providing evidence that the performance of the United States economy in 1997 was similar to its performance between 1873 and 1973
C. evaluating an argument concerning the performance of the United States economy in1997
D. examining the consequences of a popular misconception about the performance of the United States economy in 1997
E. supporting an assertion made by journalists about the performance of the United States economy in 1997

The is Opinonated passage...It basically talks about why Journalist feeling that Economy did well is not correct because it the economy was doing really well then the economy should have grown faster than it did in the period from 1873-1973...

A,B,E are ruled out by Initially reading..
There is no examining of misconception...the passage just talks why the economy had to do really well because of better prevailing conditions than in given period

Ans C
GMAT Club Verbal Expert
Joined: 13 Aug 2009
Status: GMAT/GRE/LSAT tutors
Posts: 7058
Own Kudos [?]: 65160 [0]
Given Kudos: 1836
Location: United States (CO)
GMAT 1: 780 Q51 V46
GMAT 2: 800 Q51 V51
GRE 1: Q170 V170

GRE 2: Q170 V170
Re: Citing the fact that the real gross domestic product (GDP) per capita [#permalink]

Question 3

Kai10

3. It can be inferred from the passage that which of the following is the reason that the author faults the journalists referred to in highlight text?

(A) They believe that the real GDP per capita in 1997 was higher than the real GDP per capita had ever been before.
Before we take a look at why (A) is not the correct answer to this question, have a look at this post and this post for breakdowns of the passage that are relevant to this question.

Now take a look at (A) for question 3:
Quote:
(A) They believe that the real GDP per capita in 1997 was higher than the real GDP per capita had ever been before.
The author doesn't FAULT the journalists for saying this, he/she actually AGREES with them, as you can see by this bit of the passage:

...the real GDP is almost always higher than ever before; it falls only during recessions.

What the author does is disagree with the conclusions the journalists take from this fact -- this is what is in the rest of the passage.

Since the author does not criticize the journalists for stating that the real GDP per capita in 1997 was higher than the real GDP per capita had ever been before, (A) cannot be the correct answer.

Compare this to (E):
Quote:
(E) They fail to consider the real GDP per capita in 1997 within an appropriate historical context.
As explained in the posts linked above, the key thing to notice in this passage is just because the real GDP was higher in 1997 than ever before does NOT necessarily mean that the economy performed better than it ever has. The journalists are criticized because they didn't look at the entire picture (i.e. historical context). They looked at one piece of data and jumped to a conclusion -- this is why (E) is the correct answer.

I hope that helps!
Joined: 27 Apr 2021
Posts: 47
Own Kudos [?]: 12 [0]
Given Kudos: 261
Re: Citing the fact that the real gross domestic product (GDP) per capita [#permalink]
GMATNinja
sunny91
Can someone kindly explain the answer of the 4th question.
Quote:
4. The author of the passage asserts that "the real GDP is almost always higher than ever before" (see highlighted text) most probably in order to
A. show that a fact cited in support of a claim is inaccurate
B. show that a fact cited in support of a claim actually contradicts the claim
C. show that a fact cited in support of a claim does not prove the claim
D. explain why a fact cited in support of a claim is relevant to the claim
E. explain how the proponent of a claim selected a fact cited in support of the claim
Quote:
Citing the fact that the real gross domestic product (GDP) per capita was higher in 1997 than ever before, some journalists have argued that the United States economy performed ideally in 1997. However, the real GDP is almost always higher than ever before; it falls only during recessions.
Some journalists have argued that the US economy performed ideally in 1997. Those journalists base their argument on the fact that real GDP per capita was higher in 1997 than ever before. The author does not dispute this fact. The author does, however, dispute the conclusion drawn by the journalists based on that fact.

The author of the passage responds to the journalists' argument by stating that real GDP is almost ALWAYS higher than ever before. In other words, unless there is a recession, the real GDP continues to grow. This growth does not necessarily mean that the economy is getting better. Thus, just because real GDP per capita was higher in 1997 than ever before does NOT necessarily mean that the economy performed better than it ever has.

This fits with choice (C): "The author of the passage asserts that 'the real GDP is almost always higher than ever before' most probably in order to (C) show that a fact cited in support of a claim does not prove the claim."

The fact cited is that real GDP per capita was higher in 1997 than ever before, and the claim is that the US economy performed ideally in 1997.

I hope this helps!

Hi GMATNinja

I picked C for this question, but was tempted by Choice B as well during the test. My ultimate reason for choosing C over B was that the author's comment about the increase in Real GDP does not CONTRADICT the claims of the journalist. Rather it just explains how the impact is muted given that the Real GDP almost always increases. Am I on the right track with my thinking here? Thank you
Non-Human User
Joined: 01 Oct 2013
Posts: 17756
Own Kudos [?]: 880 [0]
Given Kudos: 0
Re: Citing the fact that the real gross domestic product (GDP) per capita [#permalink]
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: Citing the fact that the real gross domestic product (GDP) per capita [#permalink]
1   2
Moderators:
GMAT Club Verbal Expert
7058 posts
GMAT Club Verbal Expert
234 posts
GRE Forum Moderator
13991 posts