winterschool
Q1. New home buyers are all financially protected against bankruptcy of the contractor because of a law requiring the contractor to get bank backing to insure all individual investments. An economist argues that this insurance is partly responsible for the high rate of bankruptcies among contractors, since it removes from buyers any financial incentive to find out the financial status of the contractor they are hiring. If buyers were more selective, then contractors would need to be secure in order to compete for buyers. The economist’s argument makes which of the following assumptions? A. Bankruptcy is caused when contractors default on loan repayments to their banks. B. A significant proportion of contractors use the services of sub-contractors to do the bulk of the work. C. The more a homebuyer has to invest in a house he or she is building, the more careful he or she tends to be in selecting a contractor. D. The difference in the payment schedules to contractors is not a significant factor in bankruptcies. E. People looking for a contractor to build their houses are able to determine which contractors are secure against bankruptcy.
winterschool
Q2. Sportfishers introduced the Zander, a type of perch, to Britain’s rivers and canals in the 1970s. Because zander eat large numbers of smaller fish, they have had a devastating effect on native fish populations. To protect the native fish, a government program removed a significant proportion of the zander from Britain’s waterways last year. Surprisingly, this year the loss of native fish to zander has been greater than before. Which of the following, if true, would most help to explain the greater effect of zander on the native fish population? A. The climate in Britain is very similar to the climate in regions to which zander are native. B. Most of the zander removed were fully grown, and fully grown zander eat large numbers of smaller zander. C. Every year a large number of zander are caught by sportfisher in Britain’s waterway. D. Previous government program designed to remove nonnative species from Britain’s waterways have failed. E. Zander are just one of several nonnative fish that prey on the other fish found in Britain’s waterway. Difficulty - Hard
CR Questions March - 12 :Q1. In linguistics, the term ‘phatic communication’ refers to words and phrases that have been used so frequently that they no longer contain any inherent meaning. Analysts of emerging industries, which may be defined as products or ideas in early stages of development that are often based around a new technology, expect that current terminologies used in such industries to refer to work processes will eventually fall into the category of phatic expressions, because ___________________________________________________________________
Which of the following best completes the passage above?
a. inherent meaning is determined primarily on the basis of the frequency with which a term is used.
b. the terms are newly-coined and can be expected to be in use for a considerable period of time.
c. not only are such terms used excessively, but many of them are so new that users are unsure of their exact definitions.
d. terminology used in one field is usually not applicable in other unrelated fields.
e. emerging industry types can be analyzed in terms of existing terms from linguistics.
Q2. In this era of ever increasing oil prices, fuel-efficiency is the primary concern of most car buyers. Because of the increasing demand for fuel-efficient cars, many companies have entered this segment, leading to fierce competition. Recently, both Toyota and General Motors launched their latest cars in this segment on the same day. Even though the car from General Motors fared much better on fuel efficiency, its market share has remained low compared to that of the car from Toyota.
Which of the following best explains the paradox presented above?
(A) Except higher fuel efficiency, the car from General Motors does not offer any other advantage over the car from Toyota.
(B) On the same day when Toyota and General Motors launched their cars, a couple of other companies also launched their cars and, while one of them sold well, the other did not.
(C) With ever increasing range of products to choose from, consumers now rely much more on the brand name of a company than the promised features and, unlike General Motors, Toyota has been a known name in fuel efficient car industry.
(D) Since the total market for fuel-efficient cars has expanded a lot in the past, even companies with low market shares have made profits.
(E) Even though General Motors can service all the existing demand, its production capacity is much lower than the production capacity of Toyota.