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 28 Feb 2017, 01:17

### 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

VP
Joined: 22 Nov 2007
Posts: 1092
Followers: 8

Kudos [?]: 504 [0], given: 0

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

### Show Tags

28 Jan 2008, 05:30
00:00

Difficulty:

(N/A)

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 1 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 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
If you have any questions
New!
Director
Joined: 01 Jan 2008
Posts: 629
Followers: 5

Kudos [?]: 178 [0], given: 1

### Show Tags

28 Jan 2008, 07:30
I'm going with D. Mark neglects other economic factors because he uses example from last year when economic situation was different.
VP
Joined: 22 Nov 2007
Posts: 1092
Followers: 8

Kudos [?]: 504 [0], given: 0

### Show Tags

28 Jan 2008, 09:57
maratikus wrote:
I'm going with D. Mark neglects other economic factors because he uses example from last year when economic situation was different.

OA is B. I can't catch why
Manager
Joined: 21 Dec 2007
Posts: 99
Followers: 1

Kudos [?]: 14 [0], given: 0

### Show Tags

28 Jan 2008, 10:29
i cant differetiate betwenn A and B. A seems more appropriate
SVP
Joined: 28 Dec 2005
Posts: 1575
Followers: 3

Kudos [?]: 150 [0], given: 2

### Show Tags

28 Jan 2008, 13:45
i said b.

Eliminated A because for one, its too extreme, and secondly, we cant assume that he inferred the 'only' part. Remember, its an infer question, and B pretty much states what was initially said; if interest rates go down, housing prices go up.
Senior Manager
Joined: 19 Nov 2007
Posts: 470
Followers: 4

Kudos [?]: 196 [0], given: 4

### Show Tags

28 Jan 2008, 19:05
rafiaiqbal wrote:
i cant differetiate betwenn A and B. A seems more appropriate

difference between A and B is the word 'only'
B is tough to get at, but appropriate.

_________________

-Underline your question. It takes only a few seconds!
-Search before you post.

Director
Joined: 30 Jun 2007
Posts: 792
Followers: 1

Kudos [?]: 157 [0], given: 0

### Show Tags

28 Jan 2008, 22:04
It can be inferred from the conversation above that Mark has interpreted Ronald’s statement to mean that
Mark intepreted the Ronald’s argument by: If housing prices fall -> must increase house prices

(A) housing prices will rise only if interest rates fall (This is too extreme – Eliminate it)

(B) if interest rates fall, housing prices must rise (Hold it)

(C) interest rates and housing prices tend to rise and fall together (Not as per Mark - Eliminte it)

(D) interest rates are the only significant economic factor affecting housing prices (Too extreme and definitely not as per Mark - Eliminte it)

(E) interest rates are likely to fall significantly in the next six months (What in near future is outside Mark’s argument - Eliminte it)

Re: cr 1000 7   [#permalink] 28 Jan 2008, 22:04
Similar topics Replies Last post
Similar
Topics:
1 Ronald: According to my analysis of the national economy, 1 03 Jul 2016, 04:20
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, 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