It is currently 23 Mar 2018, 15:48

### 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

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# cr question

Author Message
Intern
Joined: 29 Dec 2006
Posts: 31

### Show Tags

14 Apr 2009, 17:11
00:00

Difficulty:

(N/A)

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 1 sessions

### HideShow timer Statistics

--== Message from GMAT Club Team ==--

This is not a quality discussion. It has been retired.

If you would like to discuss this question please re-post it in the respective forum. Thank you!

To review the GMAT Club's Forums Posting Guidelines, please follow these links: Quantitative | Verbal Please note - we may remove posts that do not follow our posting guidelines. Thank you.

Attachments

cr.JPG [ 70.39 KiB | Viewed 1362 times ]

Intern
Joined: 12 Apr 2009
Posts: 24

### Show Tags

14 Apr 2009, 23:46

A. doesn't fit since if they relied solely on government pension, the 20% increase would improve their financial well-being.

B. doesn't fit because even if banks are slow in cashing pension checks, the elderly would still be receiving 20% more income than before and thus should be better off financially.

C. doesn't fit because the passage specifically states that inflation has been negligible - that is, there has been little to no inflation - so even if the elderly tended to buy goods whose prices rose a lot with inflation, it doesn't apply here since there is little/no inflation.

D. doesn't fit since even if there is a record high number of poor, elderly Runagians, the government raised EVERY elderly Runagian's pension income by 20%, so all of them would be better off financially.

E. CORRECT answer. before the pension increase, elderly Runagians' children would give them enough financial support up to the point that they could live comfortably. Now, with the pension increase of 20%, the children will still only give as much support as the elderly need to live comfortably. Thus, pension income has increased, but support from children decreased, and the elderly are still at the same level of "living comfortably," and are not better off than they were before the increase.
Director
Joined: 23 May 2008
Posts: 756

### Show Tags

15 Apr 2009, 10:19
meesawoosa wrote:

A. doesn't fit since if they relied solely on government pension, the 20% increase would improve their financial well-being.

B. doesn't fit because even if banks are slow in cashing pension checks, the elderly would still be receiving 20% more income than before and thus should be better off financially.

C. doesn't fit because the passage specifically states that inflation has been negligible - that is, there has been little to no inflation - so even if the elderly tended to buy goods whose prices rose a lot with inflation, it doesn't apply here since there is little/no inflation.

D. doesn't fit since even if there is a record high number of poor, elderly Runagians, the government raised EVERY elderly Runagian's pension income by 20%, so all of them would be better off financially.

E. CORRECT answer. before the pension increase, elderly Runagians' children would give them enough financial support up to the point that they could live comfortably. Now, with the pension increase of 20%, the children will still only give as much support as the elderly need to live comfortably. Thus, pension income has increased, but support from children decreased, and the elderly are still at the same level of "living comfortably," and are not better off than they were before the increase.

good explanation
Intern
Joined: 12 Apr 2009
Posts: 24

### Show Tags

15 Apr 2009, 11:22
thank you!
Manager
Joined: 07 Jul 2007
Posts: 125

### Show Tags

16 Apr 2009, 19:02
This is really good one. E).
Manager
Joined: 24 May 2009
Posts: 80

### Show Tags

10 Jun 2009, 04:38
It's E for me too.

--== Message from GMAT Club Team ==--

This is not a quality discussion. It has been retired.

If you would like to discuss this question please re-post it in the respective forum. Thank you!

To review the GMAT Club's Forums Posting Guidelines, please follow these links: Quantitative | Verbal Please note - we may remove posts that do not follow our posting guidelines. Thank you.
Re: cr question   [#permalink] 10 Jun 2009, 04:38
Display posts from previous: Sort by

# cr question

Moderators: GMATNinjaTwo, GMATNinja

 Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne 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®.