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

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

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09 Dec 2009, 16:27
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83% (02:17) correct 17% (01:28) wrong based on 40 sessions

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17. 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

SUrely a wron OA. Can we discuss plz?
If you have any questions
New!
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09 Dec 2009, 21:29
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17. 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 (Correct - coz Mark is trying to justify that even when Int.Rate fell, housing prices didn't increase, he must've thought Ronald meant that if Int. rate drops house prices 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

I think its B
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10 Dec 2009, 12:01
+1 for B.
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17 Dec 2009, 14:28
Can anyone explain to me why not A
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18 Dec 2009, 09:32
I think is D
It can be inferred by the answer of Mark, that there are others factors which influence the price of house
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18 Dec 2009, 14:26
1
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Lets simplify the statements
Roland : X will not go up unless Y goes down
Mark : When Y went Down X didn't change.

Mark thinks Roland is saying when Y goes down X will go up. Find the answer which says this.

(A) housing prices will rise only if interest rates fall X will go up when Y goes down (Wrong)
(B) if interest rates fall, housing prices must rise when Y goes down X must rise (Correct)
(C) interest rates and housing prices tend to rise and fall together X and Y rise together and fall together(Wrong)
(D) interest rates are the only significant economic factor affecting housing prices Only Y affects X (not even close)
(E) interest rates are likely to fall significantly in the next six months (not worth considering)
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24 Apr 2010, 06:38
+1 for B.
As indicated by the Mark's first sentence-I disagree, This is simply a Logical formalism question. Negate the sentences and reverse it. You will get the answer.

If you need some info on Logical formalism then refer the link:
http://richardbowles.tripod.com/gmat/cr/logic.htm
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25 Apr 2010, 10:48
One more vote for B
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26 Apr 2010, 09:37
I went for D, but seems the OA is B.

I guess I generalized it a bit too much. well...
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26 Apr 2010, 11:41
would pick (B).
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25 Jul 2012, 21:58
atish wrote:
Lets simplify the statements
Roland : X will not go up unless Y goes down
Mark : When Y went Down X didn't change.

Mark thinks Roland is saying when Y goes down X will go up. Find the answer which says this.

(A) housing prices will rise only if interest rates fall X will go up when Y goes down (Wrong)
(B) if interest rates fall, housing prices must rise when Y goes down X must rise (Correct)
(C) interest rates and housing prices tend to rise and fall together X and Y rise together and fall together(Wrong)
(D) interest rates are the only significant economic factor affecting housing prices Only Y affects X (not even close)
(E) interest rates are likely to fall significantly in the next six months (not worth considering)

I am not clear are there any differences between A & B? could u tell me?
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Re: Ronald: According to my analysis of the national economy, [#permalink]

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12 Jul 2015, 04:30
Hello from the GMAT Club VerbalBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

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Re: Ronald: According to my analysis of the national economy,   [#permalink] 12 Jul 2015, 04:30
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