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Unlike a funded pension system, in which contributions are invested to

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Unlike a funded pension system, in which contributions are invested to  [#permalink]

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New post Updated on: 23 May 2018, 05:32
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A
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E

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The Official Guide for GMAT Review, 10th Edition, 2003

Practice Question
Question No.: SC 64
Page: 663

Unlike a funded pension system, in which contributions are invested to pay future beneficiaries, a pay-as-you-go approach is the foundation of Social Security.

(A) a pay-as-you-go approach is the foundation of Social Security
(B) the foundation of Social Security is a pay-as-you-go approach
(C) the approach of Social Security is pay-as-you-go
(D) Social Security's approach is pay-as-you-go
(E) Social Security is founded on a pay-as-you-go approach

Originally posted by pawan82 on 18 Nov 2006, 01:53.
Last edited by hazelnut on 23 May 2018, 05:32, edited 2 times in total.
Edited the question.
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Re: Unlike a funded pension system, in which contributions are invested to  [#permalink]

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New post 26 Aug 2016, 13:07
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pawan82 wrote:
Unlike a funded pension system, in which contributions are invested to pay future beneficiaries, a pay-as-you-go approach is the foundation of Social Security.

Unlike X, Y.
X= Pension system
Y --> similar to a system

(A) a pay-as-you-go approach is the foundation of Social Security
pay-as-you-go modifies approach. so this choice compares approach with pension system.

(B) the foundation of Social Security is a pay-as-you-go approach
this choice compares foundation with pension system

(C) the approach of Social Security is pay-as-you-go
this choice compares approach with pension system

(D) Social Security's approach is pay-as-you-go
same as C.

(E) Social Security is founded on a pay-as-you-go approach
social security is compared with pension system. if you did not know whether "social security" is a system, you have eliminated other choices for the right reasons aonly E is left. correct.
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Re: Unlike a funded pension system, in which contributions are invested to  [#permalink]

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New post 18 Nov 2006, 05:45
But in this case we am compare the funded pension system v/s the pay as you go approach. Whereas in E i compare the funded pension system with the Social Security. So how does it qualify as a logical comparison?
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Re: Unlike a funded pension system, in which contributions are invested to  [#permalink]

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New post 18 Nov 2006, 05:58
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pawan82 wrote:
But in this case we am compare the funded pension system v/s the pay as you go approach. Whereas in E i compare the funded pension system with the Social Security. So how does it qualify as a logical comparison?


thats bcoz ur comparing social security system with funded pension system..........................the sentence is talking about comparing tw systems here.......................we cannot compare one system with the
the payment approach of another system.
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Re: Unlike a funded pension system, in which contributions are invested to  [#permalink]

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New post 21 Jun 2007, 13:48
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pawan82 wrote:
But in this case we am compare the funded pension system v/s the pay as you go [b]approach. Whereas in E i compare the [/b]funded pension system with the Social Security. So how does it qualify as a logical comparison?


You are comparing a system to an approach. In order to answer this question, you must know that Social Security is a type of pension system. Therefore, E compares two systems. It is similar to comparing a cat's meow to a dog. The meow cannot be compared to the dog.
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Re: Unlike a funded pension system, in which contributions are invested to  [#permalink]

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New post 21 Jun 2007, 14:55
1
1
Quote:
Unlike a funded pension system, in which contributions are invested to pay future beneficiaries, a pay-as-you-go approach is the foundation of Social Security.
(A) a pay-as-you-go approach is the foundation of Social Security
(B) the foundation of Social Security is a pay-as-you-go approach
(C) the approach of Social Security is pay-as-you-go
(D) Social Security’s approach is pay-as-you-go
(E) Social Security is founded on a pay-as-you-go approach


I think that this SC is tricky b/c at first glance you think you should be comparing X (a funded pension system) with Y (?). "A" looks good because it appears to be paralell ("a pay-as-you-go approach").

Upon reading the actual sentence and understanding your choices, you can see that A is incorrect. You must compare X (a funded pension system) with another type of system, not an approach (as explained by bimmerhype above). Therefore, Social Security (or answer E) is the best choice.
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Re: Unlike a funded pension system, in which contributions are invested to  [#permalink]

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New post 22 Jun 2007, 11:45
I pick E.

Should compare system with system, not system with approach.
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Re: Unlike a funded pension system, in which contributions are invested to  [#permalink]

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New post 08 May 2011, 08:21
Amit05 wrote:
Yes, E is indeed the right answer


In choice E , the use of "is founded" seems to be awkward.
is it correct ?
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Re: Unlike a funded pension system, in which contributions are invested to  [#permalink]

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New post 30 Jul 2011, 06:04
I picked E intitally but switched to B..:( Was comparing the wrong nouns. As I thought one is a "system", another one is "foundation"....
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Re: Unlike a funded pension system, in which contributions are invested to  [#permalink]

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New post 30 Jul 2011, 09:45
pawan82 wrote:
Unlike a funded pension system, in which contributions are invested to pay future beneficiaries, a pay-as-you-go approach is the foundation of Social Security.
(A) a pay-as-you-go approach is the foundation of Social Security
(B) the foundation of Social Security is a pay-as-you-go approach
(C) the approach of Social Security is pay-as-you-go
(D) Social Security's approach is pay-as-you-go
(E) Social Security is founded on a pay-as-you-go approach



Hi Pawan82,
You got the wrong answer because you might not know what is social security system. I also got it wrong initially but then I came to know about what is "funded pension system" and "Pay as you approach" so we can not compare them.
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Re: Unlike a funded pension system, in which contributions are invested to  [#permalink]

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New post 18 Sep 2013, 04:04
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Clearly in Social Security both S are capital, it means SS is a system or basically a NOUN.
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Re: Unlike a funded pension system, in which contributions are invested to  [#permalink]

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New post 08 Jan 2014, 03:01
pawan82 wrote:
Unlike a funded pension system, in which contributions are invested to pay future beneficiaries, a pay-as-you-go approach is the foundation of Social Security.
(A) a pay-as-you-go approach is the foundation of Social Security
(B) the foundation of Social Security is a pay-as-you-go approach
(C) the approach of Social Security is pay-as-you-go
(D) Social Security's approach is pay-as-you-go
(E) Social Security is founded on a pay-as-you-go approach



You're comparing pension system to Social Security, not to an approach or a foundation. That's why E is the only one that works.

Even if you do not know that Social Security is an actual system/program, notice that it doesn't say "social security" but "Social Security", which indicates that it's the title of something. And that comparison makes much more sense than to cpmpare a pension system to an approach or a foundation of something.
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Re: Unlike a funded pension system, in which contributions are invested to  [#permalink]

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New post 27 Dec 2014, 20:28
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1
Approach i used is like/unlike + noun, noun + verb , noun + verb

Unlike a funded pension system, in which contributions are invested to pay future beneficiaries, a pay-as-you-go approach is the foundation of Social Security.

(A) a pay-as-you-go approach is the foundation of Social Security : logically incorrect ( we have to look for noun parallelism)
(B) the foundation of Social Security is a pay-as-you-go approach : incorrect ( can't compare the pension system with the foundation .. approach)
(C) the approach of Social Security is pay-as-you-go : incorrect ( can't compare the system with the approach )
(D) Social Security's approach is pay-as-you-go : incorrect ( can't compare the approach again wrong )
(E) Social Security is founded on a pay-as-you-go approach : Correct ( follows the noun + verb form ) and logically follows what sentence is trying to convey.

Kindly clarify if i have missed something

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Re: Unlike a funded pension system, in which contributions are invested to  [#permalink]

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New post 16 Jan 2015, 14:14
A,B,C,D are out --> this has nothing to do with the grammar, rahter than with the meaning. You can not compare a pension system to an approach or foundation or Security's approach (also approach).
The only correct answer with the correct meaning is E here.

--> First think about the meaning of the sentence .... 2nd about the grammar
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Re: Unlike a funded pension system, in which contributions are invested to  [#permalink]

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New post 14 Feb 2016, 04:07
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Only E reveals a proper comparison between a funded pension system, a name and Social Security another name.
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Re: Unlike a funded pension system, in which contributions are invested to  [#permalink]

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New post 01 Jan 2017, 10:34
Unlike a funded pension system, in which contributions are invested to pay future beneficiaries, a pay-as-you-go approach is the foundation of Social Security.
(A) a pay-as-you-go approach is the foundation of Social Security - illogical comparison - can't compare FPS to an approach
(B) the foundation of Social Security is a pay-as-you-go approach - illogical comparison - can't compare FPS to foundation
(C) the approach of Social Security is pay-as-you-go - illogical comparison - can't compare FPS to approach
(D) Social Security's approach is pay-as-you-go - illogical comparison - can't compare FPS to approach
(E) Social Security is founded on a pay-as-you-go approach - Correct

Here FPS and SS are the two systems .

Answer E
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Re: Unlike a funded pension system, in which contributions are invested to  [#permalink]

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New post 19 Apr 2018, 10:19
Approach cannot be compared with system and Social security is a system. Only choice E shows this comparison.
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Re: Unlike a funded pension system, in which contributions are invested to &nbs [#permalink] 19 Apr 2018, 10:19
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