Ronald: According to my analysis of the national economy, : GMAT Critical Reasoning (CR)
Check GMAT Club Decision Tracker for the Latest School Decision Releases https://gmatclub.com/AppTrack

 It is currently 25 Feb 2017, 00:13

### 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

# Ronald: According to my analysis of the national economy,

Author Message
TAGS:

### Hide Tags

Manager
Joined: 07 Mar 2005
Posts: 182
Followers: 1

Kudos [?]: 1 [0], given: 0

Ronald: According to my analysis of the national economy, [#permalink]

### Show Tags

09 Apr 2005, 15:22
00:00

Difficulty:

(N/A)

Question Stats:

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

### HideShow timer Statistics

Ronald: According to my analysis of the national economy, housing prices should not increase during the next six months unless interest rates drop significantly.

Mark: I disagree. One year ago, when interest rates last fell significantly, housing prices did not increase at all.
It can be inferred from the conversation above that Mark has interpreted Ronaldâ€™s statement to mean that

(A) housing prices will rise only if interest rates fall
(B) if interest rates fall, housing prices must rise
(C) interest rates and housing prices tend to rise and fall together
(D) interest rates are the only significant economic factor affecting housing prices
(E) interest rates are likely to fall significantly in the next six mont

B/D
_________________

i hate when people do'nt post the OA, it leaves in guessing!!!!

If you have any questions
New!
Manager
Joined: 17 Dec 2004
Posts: 72
Followers: 2

Kudos [?]: 13 [0], given: 0

### Show Tags

10 Apr 2005, 08:49
I'd go with B, too.

B) if interest rates fall (ever), it will lead to a rise in housing prices - this is what Mark is thinking as he tries to refute Ronald.

D) not this because Mark is taking issue over what he thinks is a direct relationship between interest rates and housing prices.
VP
Joined: 26 Apr 2004
Posts: 1218
Location: Taiwan
Followers: 2

Kudos [?]: 626 [0], given: 0

### Show Tags

10 Apr 2005, 09:18
karun_aggarwal wrote:
Ronald: According to my analysis of the national economy, housing prices should not increase during the next six months unless interest rates drop significantly.

Mark: I disagree. One year ago, when interest rates last fell significantly, housing prices did not increase at all.
It can be inferred from the conversation above that Mark has interpreted Ronaldâ€™s statement to mean that

(A) housing prices will rise only if interest rates fall
(B) if interest rates fall, housing prices must rise
(C) interest rates and housing prices tend to rise and fall together
(D) interest rates are the only significant economic factor affecting housing prices
(E) interest rates are likely to fall significantly in the next six mont

B/D

go with B

Ronald: if no rates drop, housing prices should not increase.
Mark: rates drop but housing prices didn't increase.

From Mark's reply, we can infer his assumption that when rates drop, housing price must rise.
GMAT Club Legend
Joined: 07 Jul 2004
Posts: 5062
Location: Singapore
Followers: 31

Kudos [?]: 367 [0], given: 0

### Show Tags

10 Apr 2005, 21:50
B is best. We should be making a answer choice based only on the statements given in the passage. D goes on to suggest economic factors, rather than the cause-effect relationship (interest rate - housing price) discussed in the argument given.
Director
Joined: 27 Dec 2004
Posts: 905
Followers: 1

Kudos [?]: 44 [0], given: 0

### Show Tags

11 Apr 2005, 06:14
B. This has been previously discussed
11 Apr 2005, 06:14
Similar topics Replies Last post
Similar
Topics:
2 Ronald: According to my analysis of the national economy, 11 09 Dec 2009, 15:27
Ronald: According to my analysis of the national economy, 6 28 Jan 2008, 05:30
Ronald: According to my analysis of the national economy, 16 07 Jan 2008, 15:57
Ronald: According to my analysis of the national economy, 7 13 Jun 2007, 22:24
Ronald: According to my analysis of the national economy, 4 28 Apr 2007, 06:22
Display posts from previous: Sort by

# Ronald: According to my analysis of the national economy,

 Powered by phpBB © phpBB Group and phpBB SEO 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®.