Hi WizardStatistics,
Many GMATers spend 3 months (or more) of consistent study time before they hit their 'peak' scores, so if you're early-on in your studies, you should not expect to have mastered any of the concepts just yet (and by extension, you shouldn't expect to be answering "700+ level" questions really fast yet either). In addition, many GMATers become too fixated on the 'implied level' of the questions that they're working on - instead of what really matters: defining WHY they're getting questions wrong and becoming more efficient at approaching the overall Exam. It's also worth noting that just because a 3rd party describes a question as "700 level" does not necessarily make it so.
Have you taken any practice CATs/mocks yet? If not, then it would be a good idea to take a FULL-LENGTH practice CAT Test; you can take 2 for free at
www.mba.com (and they come with some additional practice materials). It sounds as though you've done enough studying to know the major question types that appear on the Exam, so you shouldn't wait too long to take that initial CAT. That score will give us a good sense of your natural strengths and weaknesses and will help provide a basis for comparison as you continue to study. A FULL CAT takes about 3.5 hours to complete, so make sure that you've set aside enough time to take it in one sitting. Once you have that Score, you should report back here and we can discuss the results and how you might best proceed with your studies.
I'd like to know a bit more about your timeline and goals:
1) What is your goal score?
2) What study materials are you currently using?
3) When are you planning to take the GMAT?
4) When are you planning to apply to Business School and what Schools are you planning to apply to?
GMAT assassins aren't born, they're made,
Rich