The downturn in the economy last year has prompted many : GMAT Critical Reasoning (CR)
Check GMAT Club Decision Tracker for the Latest School Decision Releases https://gmatclub.com/AppTrack

 It is currently 21 Feb 2017, 19:08

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

The downturn in the economy last year has prompted many

Author Message
TAGS:

Hide Tags

Manager
Joined: 01 Apr 2006
Posts: 183
Followers: 1

Kudos [?]: 100 [0], given: 0

The downturn in the economy last year has prompted many [#permalink]

Show Tags

23 Aug 2006, 20:29
00:00

Difficulty:

(N/A)

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 2 sessions

HideShow timer Statistics

The downturn in the economy last year has prompted many companies to make widely publicized layoffs, resulting in thousands of lost jobs. Economists predicted that these layoffs would cause people generally to cut back on their discretionary spending even if their jobs were secure, in fear of coming hard times. However, this prediction has not come to pass, since there has been no increase in the amount of money set aside by the general public in savings accounts.
The answer to which of the following questions would be most useful in evaluating the significance of the savings patterns described above

A. What business sectors were most affected by the layoffs?

B. What were the savings patterns of the general public before the layoffs?

C. What has been the percent increase in the cost of food, housing, and utilities during the period since the layoffs?

D. What percentage of people laid off have savings accounts?

E. What has been the average salary during the period since the layoffs?
If you have any questions
New!
 Economist GMAT Tutor Discount Codes Optimus Prep Discount Codes EMPOWERgmat Discount Codes
Senior Manager
Joined: 14 Aug 2006
Posts: 363
Followers: 1

Kudos [?]: 45 [0], given: 0

Show Tags

23 Aug 2006, 20:44
C?
Senior Manager
Joined: 14 Jul 2005
Posts: 402
Followers: 1

Kudos [?]: 27 [0], given: 0

Show Tags

23 Aug 2006, 21:10
Going with B here... found this a little difficult
Current Student
Joined: 29 Jan 2005
Posts: 5238
Followers: 26

Kudos [?]: 380 [0], given: 0

Show Tags

23 Aug 2006, 22:21
The central argument is about changes in savings rates, so I`ll take (B) here in under a minute.
Manager
Joined: 31 Jul 2006
Posts: 237
Followers: 3

Kudos [?]: 73 [0], given: 0

Show Tags

24 Aug 2006, 15:35
I'd say B.
24 Aug 2006, 15:35
Similar topics Replies Last post
Similar
Topics:
2 The downturn in the economy last year has prompted 3 31 Jan 2017, 19:34
8 Evaluate Revision: The downturn in the economy last year 5 25 Feb 2015, 20:35
The downturn in the economy last year has prompted 0 14 Sep 2014, 02:58
17 The economic recession of the last year has prompted many 12 14 Mar 2013, 20:22
4 The downturn in the economy last year has prompted many 25 20 Aug 2009, 07:32
Display posts from previous: Sort by