Last visit was: 27 Apr 2024, 16:25 It is currently 27 Apr 2024, 16:25

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
SORT BY:
Date
Intern
Intern
Joined: 30 Aug 2015
Posts: 21
Own Kudos [?]: 1377 [174]
Given Kudos: 8
GMAT 1: 570 Q42 V27
GMAT 2: 680 Q50 V35
Send PM
Most Helpful Reply
CR Moderator
Joined: 14 Dec 2013
Posts: 2413
Own Kudos [?]: 15268 [53]
Given Kudos: 26
Location: Germany
Schools:
GMAT 1: 780 Q50 V47
WE:Corporate Finance (Pharmaceuticals and Biotech)
Send PM
Manager
Manager
Joined: 25 Jul 2015
Posts: 104
Own Kudos [?]: 491 [36]
Given Kudos: 52
Location: Thailand
Concentration: Entrepreneurship, Marketing
GMAT 1: 550 Q37 V28
GMAT 2: 660 Q47 V34
GMAT 3: 650 Q44 V35
GMAT 4: 680 Q49 V32
GMAT 5: 740 Q49 V42
GPA: 3.33
Send PM
Experts' Global Representative
Joined: 10 Jul 2017
Posts: 5123
Own Kudos [?]: 4683 [9]
Given Kudos: 38
Location: India
GMAT Date: 11-01-2019
Send PM
Re: Financial analysts said they were surprised that despite higher inflat [#permalink]
4
Kudos
5
Bookmarks
Expert Reply
Dear Friends,

Here is a detailed explanation to this question-
inakihernandez wrote:
Financial analysts said they were surprised that despite higher inflation and shrinking profit margins, investors continue pouring money into the stock market, believing that the American economy was nicely balanced, with little inflation.


(A) continue pouring money into the stock market, believing that the American economy was

(B) continue pouring money into the stock market, believing in the American economy as

(C) still continue pouring money into the stock market in the belief that the American economy as

(D) still continued to pour money into the stock market, believing in the American economy as

(E) continued to pour money into the stock market in the belief that the American economy was



Meaning is crucial to solving this problem:
Understanding the intended meaning is key to solving this question; the intended core meaning of this sentence is that investors continued to pour money into the stock market because they believed that the American economy was nicely balanced, with little inflation.

Concepts tested here: Meaning + Tenses + Verb Forms + Awkwardness/Redundancy

• The simple past tense is used to refer to actions that concluded in the past.
• The simple present tense is used to indicate actions taking place in the current time frame, indicate habitual actions, state universal truths, and convey information that is permanent in nature.
• The infinitive verb form (“to + base form of verb") is preferred over the present participle ("verb+ing”) for referring to the purpose or intent of an action.

A: This answer choice incorrectly uses the simple present tense verb "continue" to refer to an action that concluded in the past; please remember, the simple past tense is used to refer to actions that concluded in the past, and the simple present tense is used to indicate actions taking place in the current time frame, indicate habitual actions, state universal truths, and convey information that is permanent in nature. Further, Option A uses the present participle ("verb+ing" - "pouring" in this sentence) to refer to the purpose of the action "continue"; please remember, the infinitive verb form (“to + base form of verb") is preferred over the present participle ("verb+ing" - "pouring" in this sentence) for referring to the purpose or intent of an action.

B: This answer choice alters the meaning of the sentence through the phrase "believing in the American economy as"; the construction of this phrase leads to an incoherent meaning; the intended meaning is that investors continued to pour money into the stock market because they believed that the American economy was nicely balanced, with little inflation. Further, Option B incorrectly uses the simple present tense verb "continue" to refer to an action that concluded in the past; please remember, the simple past tense is used to refer to actions that concluded in the past, and the simple present tense is used to indicate actions taking place in the current time frame, indicate habitual actions, state universal truths, and convey information that is permanent in nature. Additionally, Option B uses the present participle ("verb+ing" - "pouring" in this sentence) to refer to the purpose of the action "continue"; please remember, the infinitive verb form (“to + base form of verb") is preferred over the present participle ("verb+ing" - "pouring" in this sentence) for referring to the purpose or intent of an action.

C: This answer choice alters the meaning of the sentence through the phrase "in the belief that the American economy as"; the construction of this phrase leads to an incoherent meaning; the intended meaning is that investors continued to pour money into the stock market because they believed that the American economy was nicely balanced, with little inflation. Further, Option C incorrectly uses the simple present tense verb "continue" to refer to an action that concluded in the past; please remember, the simple past tense is used to refer to actions that concluded in the past, and the simple present tense is used to indicate actions taking place in the current time frame, indicate habitual actions, state universal truths, and convey information that is permanent in nature. Additionally, Option C uses the present participle ("verb+ing" - "pouring" in this sentence) to refer to the purpose of the action "continue"; please remember, the infinitive verb form (“to + base form of verb") is preferred over the present participle ("verb+ing" - "pouring" in this sentence) for referring to the purpose or intent of an action. Besides, Option C uses the redundant phrase "still continue", leading to awkwardness and redundancy; this usage is redundant because "still" can be deleted without a loss of clarity.

D: This answer choice alters the meaning of the sentence through the phrase "believing in the American economy as"; the construction of this phrase leads to an incoherent meaning; the intended meaning is that investors continued to pour money into the stock market because they believed that the American economy was nicely balanced, with little inflation. Further, Option D uses the redundant phrase "still continue", leading to awkwardness and redundancy; this usage is redundant because "still" can be deleted without a loss of clarity.

E: Correct. This answer choice uses the phrase "in the belief that the American economy was", conveying the intended meaning - that investors continued to pour money into the stock market because they believed that the American economy was nicely balanced, with little inflation. Further, Option E correctly uses the simple past tense verb "continued" to refer to an event that concluded in the past. Additionally, Option E uses the infinitive verb form ("to + base form of verb" - "to + pour" to refer to the purpose of the action "continued". Besides, Option E is free of any awkwardness or redundancy.

Hence, E is the best answer choice.

To understand the concept of "Infinitive" vs "Present Participle", you may want to watch the following video (~2 minutes):



To understand the concept of "Simple Tenses", you may want to watch the following video (~x1 minute):



All the best!
Experts' Global Team
General Discussion
User avatar
Intern
Intern
Joined: 03 Jul 2014
Posts: 25
Own Kudos [?]: 81 [0]
Given Kudos: 31
Location: United States
Concentration: Finance, Strategy
GMAT Date: 10-17-2014
GPA: 4
WE:Analyst (Insurance)
Send PM
Re: Financial analysts said they were surprised that despite higher inflat [#permalink]
Hi daagh, I am confused with the usage of infinitive and gerund. I chose A in this question. Please help. Thanks!
RC & DI Moderator
Joined: 02 Aug 2009
Status:Math and DI Expert
Posts: 11182
Own Kudos [?]: 31993 [11]
Given Kudos: 291
Send PM
Re: Financial analysts said they were surprised that despite higher inflat [#permalink]
6
Kudos
5
Bookmarks
Expert Reply
nishith17 wrote:
Hi daagh, I am confused with the usage of infinitive and gerund. I chose A in this question. Please help. Thanks!


Hi,
Continued is the VERB and to pour is Infinitive..
infinitive can come after a verb..

also since the analysts are talking of an earlier time when they were surprised, continued is correct..
the problem is not between 'to pour' and 'pouring' as much it has to do with the VERB 'was'..

another Point about the Q-- you are not likely to see a 3-2 split in terms of AS vs WAS..

inakihernandez, could you please share the source.. and please mention SOURCE next time onwards, so that students know which Qs to spend time on..
Manager
Manager
Joined: 12 Feb 2014
Posts: 79
Own Kudos [?]: 339 [0]
Given Kudos: 21
Location: India
Schools: LBS MIF '19
GMAT 1: 730 Q50 V40
GPA: 3.3
Send PM
Re: Financial analysts said they were surprised that despite higher inflat [#permalink]
What is the OE for this question? I got it wrong in the test, hence asking..
User avatar
Intern
Intern
Joined: 23 Nov 2010
Posts: 42
Own Kudos [?]: 280 [0]
Given Kudos: 85
Send PM
Re: Financial analysts said they were surprised that despite higher inflat [#permalink]
sayantanc2k wrote:
rs47 wrote:
What is the OE for this question? I got it wrong in the test, hence asking..


Probably the most efficient way to solve this problem is to remember the idiom "continue to".

Although "continue + verb-ing" has not been proven to be wrong, in GMAT it is generally not used. Following is an excerpt from Manhattan GMAT SC guide:

Correct: The danger will CONTINUE TO GROW.
Suspect: The danger will CONTINUE GROWING.

This is definitely not one of the most convincing explanations, but in the real test all that matters is whether you click on the right option as per judgement of GMAC.


Financial analyst said they were surprised that despite higher inflation and shrinking profits margins, investors continued to pour money into the stock market in the belief that the american economy was nicely balanced, with little inflation.

Is this idiomatic? Can you specify a couple of examples for this usage
CR Moderator
Joined: 14 Dec 2013
Posts: 2413
Own Kudos [?]: 15268 [4]
Given Kudos: 26
Location: Germany
Schools:
GMAT 1: 780 Q50 V47
WE:Corporate Finance (Pharmaceuticals and Biotech)
Send PM
Re: Financial analysts said they were surprised that despite higher inflat [#permalink]
1
Kudos
3
Bookmarks
Expert Reply
unuk50 wrote:
sayantanc2k wrote:
rs47 wrote:
What is the OE for this question? I got it wrong in the test, hence asking..


Probably the most efficient way to solve this problem is to remember the idiom "continue to".

Although "continue + verb-ing" has not been proven to be wrong, in GMAT it is generally not used. Following is an excerpt from Manhattan GMAT SC guide:

Correct: The danger will CONTINUE TO GROW.
Suspect: The danger will CONTINUE GROWING.

This is definitely not one of the most convincing explanations, but in the real test all that matters is whether you click on the right option as per judgement of GMAC.


Financial analyst said they were surprised that despite higher inflation and shrinking profits margins, investors continued to pour money into the stock market in the belief that the american economy was nicely balanced, with little inflation.

Is this idiomatic? Can you specify a couple of examples for this usage


A relative clause "that American economy...." is used to refer to (modify) a noun "belief", a very common usage.

Moreover "in the belief" is also not very uncommon phrase. Search on the internet "in the belief that phrase" - you will have plenty of authentic examples.
avatar
Intern
Intern
Joined: 26 May 2013
Posts: 42
Own Kudos [?]: 70 [3]
Given Kudos: 243
Send PM
Re: Financial analysts said they were surprised that despite higher inflat [#permalink]
2
Kudos
1
Bookmarks
inakihernandez wrote:
Financial analyst said they were surprised that despite higher inflation and shrinking profits margins, investors continue pouring money into the stock market, believing that the American economy was nicely balanced, with little inflation.

(a) continue pouring money into the stock market, believing that the American economy was

(b) continue pouring money into the stock market, believing in the American economy as

(c) still continue pouring money into the stock market in the belief that the American economy as

(d) still continue pouring money into the stock market, believing in the American economy as

(e) continued to pour money into the stock market in the belief that the american economy was



The sentence must continue in the past tense-> He said.....Continued. STILL and continue points redundancy.
Manager
Manager
Joined: 16 Mar 2016
Posts: 60
Own Kudos [?]: 16 [1]
Given Kudos: 112
Schools: Tuck '19
GMAT 1: 660 Q48 V33
GMAT 2: 710 Q50 V35
Send PM
Re: Financial analysts said they were surprised that despite higher inflat [#permalink]
1
Bookmarks
inakihernandez wrote:
Financial analyst said they were surprised that despite higher inflation and shrinking profits margins, investors continue pouring money into the stock market, believing that the American economy was nicely balanced, with little inflation.

(a) continue pouring money into the stock market, believing that the American economy was

(b) continue pouring money into the stock market, believing in the American economy as

(c) still continue pouring money into the stock market in the belief that the American economy as

(d) still continue pouring money into the stock market, believing in the American economy as

(e) continued to pour money into the stock market in the belief that the american economy was


Does the use of different tense- continue and continued in option A and E respectively also contribute to error analysis or usage of either is correct?
CR Moderator
Joined: 14 Dec 2013
Posts: 2413
Own Kudos [?]: 15268 [8]
Given Kudos: 26
Location: Germany
Schools:
GMAT 1: 780 Q50 V47
WE:Corporate Finance (Pharmaceuticals and Biotech)
Send PM
Re: Financial analysts said they were surprised that despite higher inflat [#permalink]
6
Kudos
2
Bookmarks
Expert Reply
sudhirgupta93 wrote:
inakihernandez wrote:
Financial analyst said they were surprised that despite higher inflation and shrinking profits margins, investors continue pouring money into the stock market, believing that the American economy was nicely balanced, with little inflation.

(a) continue pouring money into the stock market, believing that the American economy was

(b) continue pouring money into the stock market, believing in the American economy as

(c) still continue pouring money into the stock market in the belief that the American economy as

(d) still continue pouring money into the stock market, believing in the American economy as

(e) continued to pour money into the stock market in the belief that the american economy was


Does the use of different tense- continue and continued in option A and E respectively also contribute to error analysis or usage of either is correct?


Yes, the difference in tense in one major "split" that can be used to eliminate answer(s).

Since this verb (continue) occurs within a statement that occured in past (said), simple present is applicable ONLY when the statement is an universal truth (e.g., sun rises in the east). However this statement is not a universal truth and therefore use of simple present is wrong.
Intern
Intern
Joined: 15 Feb 2016
Posts: 28
Own Kudos [?]: 6 [3]
Given Kudos: 21
GMAT 1: 710 Q47 V40
GMAT 2: 620 Q49 V21
GPA: 2.9
Send PM
Re: Financial analysts said they were surprised that despite higher inflat [#permalink]
1
Kudos
2
Bookmarks
chetan2u & sayantanc2k would you please explain why E was chosen over D? Is there anything wrong with the D?
RC & DI Moderator
Joined: 02 Aug 2009
Status:Math and DI Expert
Posts: 11182
Own Kudos [?]: 31993 [2]
Given Kudos: 291
Send PM
Re: Financial analysts said they were surprised that despite higher inflat [#permalink]
2
Kudos
Expert Reply
AnotherGmater wrote:
chetan2u & sayantanc2k would you please explain why E was chosen over D? Is there anything wrong with the D?


The main problem is with the usage of believing in something as.....
Believing something to be nicely... should be OK..

Secondly, there is no requirement of 'still' here...
Intern
Intern
Joined: 15 Feb 2016
Posts: 28
Own Kudos [?]: 6 [1]
Given Kudos: 21
GMAT 1: 710 Q47 V40
GMAT 2: 620 Q49 V21
GPA: 2.9
Send PM
Re: Financial analysts said they were surprised that despite higher inflat [#permalink]
So you are saying usage of as after believing is the problem? "believing in the American economy as"
And correct idiom or usage should be "believing in the American economy to be"
CR Moderator
Joined: 14 Dec 2013
Posts: 2413
Own Kudos [?]: 15268 [12]
Given Kudos: 26
Location: Germany
Schools:
GMAT 1: 780 Q50 V47
WE:Corporate Finance (Pharmaceuticals and Biotech)
Send PM
Re: Financial analysts said they were surprised that despite higher inflat [#permalink]
8
Kudos
4
Bookmarks
Expert Reply
AnotherGmater wrote:
So you are saying usage of as after believing is the problem? "believing in the American economy as"
And correct idiom or usage should be "believing in the American economy to be"


Believe X to be Y is correct, but believe in X to be Y does not make sense. "Believe in" means "to have faith in" - with "believe in", "to be ..." does not go.

Note that Chetan has not put "in" after "believing" in his example.

In short "believe in as" and "believe in to be" both are wrong.
User avatar
Manager
Manager
Joined: 23 Jun 2013
Status:GMAT Instructor
Affiliations: EnterMBA
Posts: 112
Own Kudos [?]: 280 [1]
Given Kudos: 4
Location: India
GRE 1: Q790 V710
GPA: 3.3
WE:Editorial and Writing (Education)
Send PM
Re: Financial analysts said they were surprised that despite higher inflat [#permalink]
1
Bookmarks
"believing in the economy as balanced" and "belief in the economy as balanced" ate incorrect. Words such as "think", "claim" and "belief" must almost always be followed by a clause, that is, a noun and a verb.

E.g. I believe that X is true.
In a sentence such as "I believe in X as Y" it is not clear whether the subject (I) or X is equated to Y.

Note that in A, the subject of "believing" -- financial analysts or investors -- is unclear. Another reason to eliminate A.
Intern
Intern
Joined: 01 Mar 2017
Posts: 9
Own Kudos [?]: 23 [10]
Given Kudos: 13
Send PM
Re: Financial analysts said they were surprised that despite higher inflat [#permalink]
7
Kudos
3
Bookmarks
IMO, there are three decision points: 1. Verb Tense 2. Logic 3. Redundancy 4. Idiom

I) As the root sentence is written in simple past, the entire time frame of the sentence should be in simple past, unless certain structures require a change. However, as there are no indications for a time change, the verb in the underlined portion should be in simple past.
Ask yourself, why should it be in present tense? It is not a universal through but rather an event that occurred in the past at some point and was reported by financial analysts.

II) Logic/Meaning Modifier: We have to options ", believing ... " which modifies the investors and " in the belief " which modifies the verb " to pour money into the stock market "
Well, so what is more logical to modify? Investors who believe that the economy was nicely balanced or " continue to pour money into the stock market in the belief"?
Here it is important to think about the function of the modifier. The modifier in this case should not describe the investors but rather give the reason for the investors' action!

III) Redundancy: still + continue is redundant, as continue inherently implies ongoing action

IV) Its not idiomatic to say " to believe X as Y ", and correct idiom is " to continue to + infinitive "

A) Verb Tense; Modifier
B) Verb Tense, Modifier; Idiom
C) Verb Tense; Redundancy; Modifier; Idiom
D) Redundancy; Modifier; Idiom
E) correct
Manager
Manager
Joined: 17 May 2017
Posts: 106
Own Kudos [?]: 739 [0]
Given Kudos: 246
GPA: 3
Send PM
Re: Financial analysts said they were surprised that despite higher inflat [#permalink]
Can someone throw some light on despite also in this example
is it possible to eliminate options with just despite and not going deep in verb form

P.S i am super weak when it comes to verb forms
GMAT Club Legend
GMAT Club Legend
Joined: 19 Feb 2007
Status: enjoying
Posts: 5265
Own Kudos [?]: 42106 [3]
Given Kudos: 422
Location: India
WE:Education (Education)
Send PM
Re: Financial analysts said they were surprised that despite higher inflat [#permalink]
1
Kudos
2
Bookmarks
Expert Reply
Top Contributor
'Despite' is not underlined and is relevant to all the five choices. Hence, we cannot take it as a split factor.
However, in D, the crux is the word 'still'. Still means even now - into the present. The use of the past tense 'continued' with even today is incongruous.
One mistake in the original transcription is that it says 'analyst' rather than analysts. I think it is a typo.
In D, the use of 'continue' rather than 'continued' also seems to be a typo.
GMAT Club Bot
Re: Financial analysts said they were surprised that despite higher inflat [#permalink]
 1   2   3   
Moderators:
GMAT Club Verbal Expert
6923 posts
GMAT Club Verbal Expert
238 posts

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