1. The passage is primarily concerned with:
A. Revealing the reality to bust a generally accepted notion.
There is no generally accepted notion in the paragraph, it initially just say that economy may look great due to constructions, investments etc. but that there is also a dark side(financial crisis, slowdown in tourism etc.) that undermines the greatness
B. Presenting evidence to debunk a notion about a situation falsely perceived as grim.
it is not falsely perceiving it grim, in contrary; it is falsely believing that the situation is bright
C. Raising concern about an unanticipated situation that is worse than it looks.
It is not saying it is worse, in order to have a worse we have to have a bad. However, here we have bright look but a bad gloomy truth behind
D. Presenting the truth about a situation that is opposite to what it appears to be.
"opposite" is too harsh; paragraph is not implying that the country is doomed for eternity it just says that the situation is not as good as it look
E. Warning against a bleak situation by presenting statistics.
Correct
2. Which of the following can be inferred from the passage?
A. Beirut is the most visited city in Lebanon for its attractive nightlife.
No info given on this one
B. Lebanon’s banking crisis is the most noteworthy hazard to the economy of the country.
No info given on this one
C. Saudi Arabia is the country that contributes the largest share of tourists to Lebanon typically.
Trap! Saudi Arabia is the country that contributes the largest share of tourist SPENDING!
"Saudi Arabia, the country that contributes the largest share of tourist spending in Lebanon"
D. If investors from the neighboring regions agree to help, Lebanon’s economy can be saved.
No info given on this one
E. The loss of tourism from no single country is likely to have as big a financial impact on Lebanon’s tourism economy as Saudi Arabia.
Correct
3. Which of the following is true according to the passage?
A. The indulgent nightlife of Beirut is a lucrative sector for investments.
No info given on this one
B. The real estate business is not as unreliable as the tourism industry.
No info given on this one
C. The construction industry is the largest employer in Lebanon at present.
No info given on this one, we are just told that it is one of the key sectors that employs 1/10 of the country
D. Despite the turmoil in Saudi Arabia, more tourists visited Lebanon in 2018 than did in 2016.
Correct "It is true that the number of tourists visiting the country was at a five-year high in 2018."
E. The rich in Lebanon can find good investment opportunities with help from Gulf tourists.
No info given on this one
4. Which of the following is not necessarily true based on the passage?
A. The number of tourists visiting Lebanon was higher in 2018 than in 2017.
This is given; "It is true that the number of tourists visiting the country was at a five-year high in 2018."
B. Due to the turmoil in Saudi Arabia, there was a drop in hotel occupancy in Lebanon.
This is given; "A political turmoil in Saudi Arabia, the country that contributes the largest share of tourist spending in Lebanon, reduced the number of Saudi visitors by 19 percent in 2018, leading to a 14% drop in hotel occupancy."
C. With regard to construction activities, the first 6 months of 2018 saw a reduction in permits granted, as compared to the previous 6 months.
Correct We only know the comparison data for the first half of 2018 and 2017 NOT for the first 6 months of 2018 and second half of 2017
D. The construction industry is one of the main industries driving the economy of Lebanon.
This is given; "Construction, finance, and tourism industries drive the economy of Lebanon, and all three appear to be growing at first glance."
E. Lebanon is moving towards a banking crisis that has the potential to cause problems for the national currency.
This is given; "The country is headed towards a banking crisis that poses a significant threat to its currency."