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Ronald: According to my analysis of the national economy,

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Intern
Joined: 22 Jun 2005
Posts: 38

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

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13 Jun 2007, 23:24
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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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Senior Manager
Joined: 14 Mar 2007
Posts: 295

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Location: Hungary

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14 Jun 2007, 02:58
D i think

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Director
Joined: 30 Nov 2006
Posts: 591

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Location: Kuwait

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14 Jun 2007, 03:26
I believe it's B.

As soon as you provide the OA i will convey my reasoning.

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Senior Manager
Joined: 14 Mar 2007
Posts: 295

Kudos [?]: 43 [0], given: 3

Location: Hungary

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14 Jun 2007, 04:00
I change my answer. I also think that B is a better choise.

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Senior Manager
Joined: 04 Jun 2007
Posts: 364

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14 Jun 2007, 08:51
B

because Mark thinks Ronald's analysis concludes a drop in interest rates WILL trigger a rise in housing prices and that is not the case

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Senior Manager
Joined: 29 Nov 2006
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Location: Orange County, CA

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14 Jun 2007, 09:21
I say B as well.

Mark uses one example to try and disprove Ronald's argument, based on the fluxuation of interest rates.

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Director
Joined: 29 Jul 2006
Posts: 851

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14 Jun 2007, 10:29
r019h wrote:
B

because Mark thinks Ronald's analysis concludes a drop in interest rates WILL trigger a rise in housing prices and that is not the case

Agree with him..B it is.

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Manager
Joined: 26 Feb 2007
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14 Jun 2007, 16:18
B.

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14 Jun 2007, 16:18
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Ronald: According to my analysis of the national economy,

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