GMAT Changed on April 16th - Read about the latest changes here
close

It is currently 21 May 2018, 19:21
Search
Register
GMAT Club Tests
Decision Tracker
My Rewards
New posts
Unanswered

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.

Go to My Workbook Learn more
Close

Request Expert Reply

Confirm Cancel

Events & Promotions

Events & Promotions in June
Open Detailed Calendar
CLICK HERE TO HIDE/SHOW EVENTS

Noting that the Federal Reserve had raised a key short-term

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
  Sort by Date Sort by Kudos  
Search for:
 

Go to page   Previous    1   2   [ 24 posts ] 

Print view
First unread post
Author Message
TAGS:

Hide Tags
Expert Post
Top Contributor
Retired Moderator
User avatar
P
Status: worked for Kaplan's associates, but now on my own, free and flying
Joined: 19 Feb 2007
Posts: 4256
Location: India
WE: Education (Education)
Premium Member
Top Member of the Month
Re: Noting that the Federal Reserve had raised a key short-term [#permalink]

Show Tags

New post 12 Jun 2017, 21:16
Expert's post
Top Contributor
'Rising interest' rates ... makes' is wrong in A. 'A rise in interest rates make' is wrong in C and D. Between B and E, it doesn't take too long to dismiss E on wordiness. B remains
_________________

Can you solve at least some SC questions without delving into the initial statement?

Narendran 98845 44509

Verbal Forum Moderator
User avatar
V
Status: Greatness begins beyond your comfort zone
Joined: 08 Dec 2013
Posts: 1979
Location: India
Concentration: General Management, Strategy
Schools: Kelley '20, ISB '19
GPA: 3.2
WE: Information Technology (Consulting)
GMAT ToolKit User Reviews Badge CAT Tests
Re: Noting that the Federal Reserve had raised a key short-term [#permalink]

Show Tags

New post 09 Dec 2017, 20:19
Noting that the Federal Reserve had raised a key short-term interest rate against last month, analysts said that they expected orders for durable goods to decline soon because rising interest rates makes it more expensive to buy them on credit.

(A) rising interest rates makes it more expensive to buy them on credit -- subject-verb agreement issue -- rates makes
(B) rising interest rates make buying on credit more expensive -- Correct
(C) a rise in interest rates make it more expensive to buy on credit -- subject-verb agreement issue -- rise make
(D) a rise in interest rates make buying on credit more expensive -- subject-verb agreement issue -- rise make
(E) a rise in interest rates makes it more expensive for them to be bought on credit -- passive and wordy

Answer B
_________________

When everything seems to be going against you, remember that the airplane takes off against the wind, not with it. - Henry Ford
The Moment You Think About Giving Up, Think Of The Reason Why You Held On So Long
+1 Kudos if you find this post helpful

Manager
Manager
User avatar
B
Status: On the journey of achieving
Affiliations: Senior Manager, CA by profession, CFA(USA) Level 2
Joined: 06 Feb 2016
Posts: 85
Location: India
Concentration: Finance, Finance
Schools: ISB '19, NUS '19, IIMA , IIMB, IIMC , NTU '19
GMAT 1: 560 Q44 V21
GPA: 3.82
WE: Other (Commercial Banking)
Reviews Badge
Re: Noting that the Federal Reserve had raised a key short-term [#permalink]

Show Tags

New post 27 Jan 2018, 10:18
Noting that the Federal Reserve had raised a key short-term interest rate against last month, analysts said that they expected orders for durable goods to decline soon because rising interest rates makes it more expensive to buy them on credit.

(A) rising interest rates makes it more expensive to buy them on credit - SV error
(B) rising interest rates make buying on credit more expensive - Correct
(C) a rise in interest rates make it more expensive to buy on credit -SV error and Pronoun antecedent error
(D) a rise in interest rates make buying on credit more expensive - SV error as a rise is singular and make is plural
(E) a rise in interest rates makes it more expensive for them to be bought on credit - Pronoun antecedent error, it has no clear reference
_________________

Never Settle for something less than what you deserve...........

I've failed over and over and over again in my life and that is why I succeed--Michael Jordan
Kudos drives a person to better himself every single time. So Pls give it generously
Wont give up till i hit a 700+

Expert Post
EMPOWERgmat Instructor
User avatar
B
Joined: 23 Feb 2015
Posts: 243
Re: Noting that the Federal Reserve had raised a key short-term [#permalink]

Show Tags

New post 30 Jan 2018, 16:23
Expert's post
Hi nevergiveup,

Thank you for your question.

Let's start by tackling the most obvious difference between the answers: rising interest rates vs. a rise in interest rates.

When saying the phrase "a rise in interest rates," the writer means that the interest rates only have to rise ONCE for people to order fewer durable goods. This isn't the intended meaning - the original sentence says that people will slowly buy fewer durable goods over time as the interest rates continually go up. The phrase "rising interest rates" makes more sense here. Therefore, let's rule out the answers that use "a rise in interest rates": C, D, & E.

Now we're left with answers A & B. Let's look at what's different about them:

(A) rising interest rates makes it more expensive to buy them on credit
This sentence means that if interest rates go up, buying "them," meaning only durable goods, will be more expensive on credit. This isn't true - buying anything on credit is more expensive when interest rates go up. Therefore, this isn't the best answer to show intended meaning.

(B) rising interest rates make buying on credit more expensive
This one is the correct answer because it uses the proper phrase "rising interest rates," and correctly shows that if interest rates go up, buying anything and everything on credit is more expensive.
_________________

"Students study. GMAT assassins train."
Image

★★★★★ GMAT Club Verified Reviews for EMPOWERgmat & Special Discount

GMAT Club Verbal Advantage EMPOWERgmat Critical Reasoning Question Pack

Re: Noting that the Federal Reserve had raised a key short-term   [#permalink] 30 Jan 2018, 16:23
Print view
First unread post

Go to page   Previous    1   2   [ 24 posts ] 

Display posts from previous: Sort by

Noting that the Federal Reserve had raised a key short-term

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  

Moderators: mikemcgarry, GMATNinja, GMATNinjaTwo, sayantanc2k, broall, hazelnut, generis, Vyshak

Search for:


GMAT Club MBA Forum Home| About| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

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®.

Main navigation

GMAT Resources

Partners

MBA Resources

www.gmac.com|www.mba.com | | GMAT Club Rules | Terms and Conditions