Check GMAT Club Decision Tracker for the Latest School Decision Releases https://gmatclub.com/AppTrack
GMAT Club

 It is currently 22 Mar 2017, 17:42

### 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
Your Progress

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 prime lending rate is a key rate in the economy: not

 new topic post reply Question banks Downloads My Bookmarks Reviews Important topics
Author Message
TAGS:

### Hide Tags

Manager
Joined: 20 Nov 2010
Posts: 222
Followers: 4

Kudos [?]: 30 [0], given: 38

Re: Prime Lending Rate [#permalink]

### Show Tags

05 Oct 2011, 22:26
Narrowed it down to B and E but chose E "missed on at the end".
Thanks for explanation.
NewSc2 wrote:
gtr022001 wrote:
What makes B better than E? I picked E.

No parallelism. "not only on" ... "but only on"

_________________

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
MGMAT 6 650 (51,31) on 31/8/11
MGMAT 1 670 (48,33) on 04/9/11
MGMAT 2 670 (47,34) on 07/9/11
MGMAT 3 680 (47,35) on 18/9/11
GMAT Prep1 680 ( 50, 31) on 10/11/11

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
CR notes
http://gmatclub.com/forum/massive-collection-of-verbal-questions-sc-rc-and-cr-106195.html#p832142
http://gmatclub.com/forum/1001-ds-questions-file-106193.html#p832133
http://gmatclub.com/forum/gmat-prep-critical-reasoning-collection-106783.html
http://gmatclub.com/forum/how-to-get-6-0-awa-my-guide-64327.html
http://gmatclub.com/forum/how-to-get-6-0-awa-my-guide-64327.html?hilit=chineseburned

Intern
Joined: 22 Jun 2010
Posts: 18
Followers: 0

Kudos [?]: 8 [0], given: 1

Re: Prime Lending Rate [#permalink]

### Show Tags

06 Oct 2011, 00:22
I would go with B. But E I thnk there is a problem with respect to parallelism.

Will the following modification works with E
the interest rates are tied to the prime, not only on most loans to small and medium-sized businesses, but also on ??

Please explain
Manager
Status: Essaying
Joined: 27 May 2010
Posts: 152
Location: Ghana
Concentration: Finance, Finance
Schools: Cambridge
GMAT 1: 690 Q47 V37
GPA: 3.9
WE: Accounting (Education)
Followers: 1

Kudos [?]: 9 [0], given: 8

Re: Prime Lending Rate [#permalink]

### Show Tags

06 Oct 2011, 09:17
I stuck with A but B seems a better answer
Manager
Status: MLT Fellowship - MBA Prep
Affiliations: Beta Gamma Sigma - Business Honors Society, FINRA Securities Licenses, CA Insurance Licenses
Joined: 29 Nov 2010
Posts: 173
Location: United States (CA)
Concentration: Finance, Strategy
GMAT 1: 700 Q48 V38
GMAT 2: 750 Q50 V42
GPA: 3.47
WE: Sales (Retail Banking)
Followers: 10

Kudos [?]: 32 [0], given: 8

Re: Prime Lending Rate [#permalink]

### Show Tags

08 Oct 2011, 13:29
B is the only one that is parallel and makes the most sense with "not only X, but also Y..."

however, the passive tone of B is worded in an awkward manner.
_________________

Brandon Hoffman
http://www.linkedin.com/in/bdhoffman

Management Leadership of Tomorrow (MLT) - MBA Programs Fellow
MLT LA Chapter - Board Member / Recruiting Officer
Net Impact - Professional Chapter Co-President
MBADiversity Organization - Global Fellow, CHINA

Manager
Joined: 16 Sep 2010
Posts: 223
Location: United States
Concentration: Finance, Real Estate
GMAT 1: 740 Q48 V42
Followers: 9

Kudos [?]: 115 [0], given: 2

Re: The prime lending rate is a key rate in the economy: not [#permalink]

### Show Tags

15 Nov 2011, 23:01
B - parallelism not only X, but also Y.
BSchool Forum Moderator
Status: Flying over the cloud!
Joined: 17 Aug 2011
Posts: 909
Location: Viet Nam
Concentration: International Business, Marketing
GMAT Date: 06-06-2014
GPA: 3.07
Followers: 74

Kudos [?]: 635 [0], given: 44

Re: The prime lending rate is a key rate in the economy: not [#permalink]

### Show Tags

17 Nov 2011, 05:07
B is correct 'not only on most loans....,but also on the growth rate...'
_________________

Rules for posting in verbal gmat forum, read it before posting anything in verbal forum
Giving me + 1 kudos if my post is valuable with you

The more you like my post, the more you share to other's need

CR: Focus of the Week: Must be True Question

Manager
Joined: 17 Jul 2011
Posts: 93
Followers: 1

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

Re: The prime lending rate is a key rate in the economy: not [#permalink]

### Show Tags

14 Dec 2011, 02:06
B
seek not only ...but also and iism.
GMAT Club Legend
Joined: 01 Oct 2013
Posts: 10676
Followers: 954

Kudos [?]: 213 [0], given: 0

Re: The prime lending rate is a key rate in the economy: not [#permalink]

### Show Tags

04 Oct 2013, 18:33
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).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
Verbal Forum Moderator
Joined: 16 Jun 2012
Posts: 1153
Location: United States
Followers: 265

Kudos [?]: 2956 [4] , given: 123

Re: The prime lending rate is a key rate in the economy: not [#permalink]

### Show Tags

10 Oct 2013, 23:33
4
This post received
KUDOS
Only B correct. You can see the non-underlined part "The prime lending rate is a key rate in the economy:............" Technically, after the colon, there is an explanation for the part before the colon. The sentence is about "the prime lending rate". <== KEY to solve this question.

The prime lending rate is a key rate in the economy: not only are the interest rates on most loans to small and medium-sized businesses tied to the prime, but also on a growing number of consumer loans, including home equity loans.

(A) not only are the interest rates on most loans to small and medium-sized businesses tied to the prime, but also on
Wrong.
- Parallelism problem: Not only [are the interest rates]...., but also on [a growing number of consumer loan].
- Meaning problem: A means only interest rates on loan to S&M business tied to the prime! How about consumer loan?. Keep in mind, the main subject of the sentence is "The PRIME lending rate" + colon ==> both business loans and consumer loans are tied to the prime.

(B) tied to the prime are the interest rates not only on most loans to small and medium-sized businesses, but also on
Correct.

(C) the interest rates not only on most loans to small and medium-sized businesses are tied to the prime, but also
Wrong.
- Parallelism problem: Not only on,....but also..........(without "on")

(D) not only the interest rates on most loans to small and medium-sized businesses are tied to the prime, but also on
Wrong.
- Parallelism problem: Not only [the interest rates] on most loan...., but also on [a growing number of consumer loan].
- Meaning problem: A means only interest rates on loan to S&M business tied to the prime! How about consumer loan. ==> Refer to the explanation on A.

(E) the interest rates are tied to the prime, not only on most loans to small and medium-sized businesses, but also
Wrong.
- Parallelism problem: Not only on,....but also..........(without "on")

Hope it helps.
_________________

Please +1 KUDO if my post helps. Thank you.

"Designing cars consumes you; it has a hold on your spirit which is incredibly powerful. It's not something you can do part time, you have do it with all your heart and soul or you're going to get it wrong."

Chris Bangle - Former BMW Chief of Design.

Intern
Status: At the end all are winners, Some just take a little more time to win.
Joined: 08 Oct 2013
Posts: 23
Location: India
Concentration: Finance, Accounting
GMAT Date: 11-20-2013
GPA: 3.97
WE: Consulting (Computer Software)
Followers: 0

Kudos [?]: 8 [1] , given: 45

Re: Prime Lending Rate [#permalink]

### Show Tags

29 Oct 2013, 04:48
1
This post received
KUDOS
siyer wrote:
I went with E. E also supports parallelism and it seems to be better formed than B.

Just to make sure that you get the answer: The option E is missing the "ON" word at the end.
That is disastrous to the parallelism we require. So the only option with Correct parallelism and clear concise meaning has to be "B"
GMAT Club Legend
Joined: 01 Oct 2013
Posts: 10676
Followers: 954

Kudos [?]: 213 [0], given: 0

Re: The prime lending rate is a key rate in the economy: not [#permalink]

### Show Tags

10 Dec 2014, 03:45
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).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
Manager
Joined: 23 Oct 2014
Posts: 109
Concentration: Marketing
GMAT 1: Q48 V25
Followers: 3

Kudos [?]: 50 [0], given: 66

The prime lending rate is a key rate in the economy: not [#permalink]

### Show Tags

10 Dec 2014, 09:54
I got this one wrong too. B doesn't sound pretty but it seems so simple when you know where to look.

The prime lending rate is a key rate in the economy: not only are the interest rates on most loans to small and medium-sized businesses tied to the prime, but also on a growing number of consumer loans, including home equity loans.

(A) not only are the interest rates on most loans to small and medium-sized businesses tied to the prime, but also on
Should have either "not only are... but also are..." or "not only on... but also on..."

(B) tied to the prime are the interest rates not only on most loans to small and medium-sized businesses, but also on

(C) the interest rates not only on most loans to small and medium-sized businesses are tied to the prime, but also
Should have either "not only on... but also on..." or "not only x... but also y..." x and y is a noun. The y in this case would be "a growing number of consumer loans".

(D) not only the interest rates on most loans to small and medium-sized businesses are tied to the prime, but also on
Should have either "not only x... but also y..." or "not only on... but also on..."

(E) the interest rates are tied to the prime, not only on most loans to small and medium-sized businesses, but also
Same as D.
GMAT Club Legend
Joined: 01 Oct 2013
Posts: 10676
Followers: 954

Kudos [?]: 213 [0], given: 0

Re: The prime lending rate is a key rate in the economy: not [#permalink]

### Show Tags

29 Dec 2015, 09:35
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).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
Re: The prime lending rate is a key rate in the economy: not   [#permalink] 29 Dec 2015, 09:35

Go to page   Previous    1   2   [ 33 posts ]

Similar topics Replies Last post
Similar
Topics:
10 Rate of vs. Rate for 5 30 May 2010, 03:36
The prime lending rate is a key rate in the economy: not 4 18 Jun 2009, 06:12
The prime lending rate is a key rate in the economy: not 3 22 Aug 2008, 05:59
The unprecedented increases in the prime lending rate this 5 21 Jun 2007, 09:14
When the prime lending rates went up in 1987, economists 10 19 Jun 2007, 11:15
Display posts from previous: Sort by

# The prime lending rate is a key rate in the economy: not

 new topic post reply Question banks Downloads My Bookmarks Reviews Important topics

 Powered by phpBB © phpBB Group and phpBB SEO Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.