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

Author Message
GMAT Club Legend
Joined: 07 Jul 2004
Posts: 5034

Kudos [?]: 438 [0], given: 0

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

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03 Sep 2005, 02:35
00:00

Difficulty:

(N/A)

Question Stats:

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

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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 months

Kudos [?]: 438 [0], given: 0

Senior Manager
Joined: 29 Nov 2004
Posts: 478

Kudos [?]: 34 [0], given: 0

Location: Chicago

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03 Sep 2005, 05:10
A, B, D are all very in line, I choose B
_________________

Fear Mediocrity, Respect Ignorance

Kudos [?]: 34 [0], given: 0

Director
Joined: 15 Aug 2005
Posts: 794

Kudos [?]: 75 [0], given: 0

Location: Singapore

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03 Sep 2005, 05:27
Another vote for B
_________________

Cheers, Rahul.

Kudos [?]: 75 [0], given: 0

Senior Manager
Joined: 13 Jan 2005
Posts: 330

Kudos [?]: 3 [0], given: 12

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03 Sep 2005, 07:20
B here.

GA

Kudos [?]: 3 [0], given: 12

GMAT Club Legend
Joined: 07 Jul 2004
Posts: 5034

Kudos [?]: 438 [0], given: 0

Location: Singapore

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05 Sep 2005, 08:23
OA is B.

Kudos [?]: 438 [0], given: 0

SVP
Joined: 16 Oct 2003
Posts: 1798

Kudos [?]: 170 [0], given: 0

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05 Sep 2005, 17:34
Got B.

Kudos [?]: 170 [0], given: 0

05 Sep 2005, 17:34
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