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Ronald: According to my analysis of the national economy,

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

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New post 11 Oct 2005, 21:17
00:00
A
B
C
D
E

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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 Ronald’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

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Director
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 [#permalink]

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New post 11 Oct 2005, 21:29
It is B

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New post 11 Oct 2005, 23:51
B too

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New post 12 Oct 2005, 03:33
B it is.
_________________

hey ya......

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Intern
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 [#permalink]

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New post 12 Oct 2005, 10:05
One more B

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Senior Manager
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 [#permalink]

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New post 12 Oct 2005, 11:26
I am more interesting in knowing the reason behind your answers guys

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New post 12 Oct 2005, 17:54
I think there could be an hesitation only between A and B.
But in my opinion B is better because not so extreme.
A say that it is ONLY because of the interest rates. However you can not infer this from the stem. Ronald just said that if the rates go down, the housing price will go up.

I chose B because A is too extreme, there is nothing that can let you think that interest rate is the only reason.

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 [#permalink]

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New post 13 Oct 2005, 20:15
OA ? :roll:

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Manager
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New post 22 Oct 2005, 03:41
i go for D...whats the OA pls...

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Director
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New post 23 Oct 2005, 11:33
B for me as well.

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Director
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New post 23 Oct 2005, 12:01
B for me as well.

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Senior Manager
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 [#permalink]

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New post 23 Oct 2005, 14:13
B it is

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 [#permalink]

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New post 23 Oct 2005, 17:03
B too

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  [#permalink] 23 Oct 2005, 17:03
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