Last visit was: 22 Apr 2026, 18:19 It is currently 22 Apr 2026, 18:19
Close
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
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Close
Request Expert Reply
Confirm Cancel
User avatar
PUNEETSCHDV
Joined: 31 Aug 2011
Last visit: 05 Oct 2018
Posts: 116
Own Kudos:
883
 [13]
Given Kudos: 56
Posts: 116
Kudos: 883
 [13]
4
Kudos
Add Kudos
8
Bookmarks
Bookmark this Post
User avatar
methevoid
Joined: 02 Jun 2009
Last visit: 12 Aug 2013
Posts: 79
Own Kudos:
168
 [1]
Given Kudos: 48
Status:Fighting again to Kill the GMAT devil
Location: New Delhi
Concentration: MBA - Strategy, Operations & General Management
WE 1: Oil and Gas - Engineering & Construction
Posts: 79
Kudos: 168
 [1]
1
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
rajathpanta
Joined: 13 Feb 2010
Last visit: 24 Apr 2015
Posts: 142
Own Kudos:
Given Kudos: 282
Status:Prevent and prepare. Not repent and repair!!
Location: India
Concentration: Technology, General Management
GPA: 3.75
WE:Sales (Telecommunications)
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
monirjewel
Joined: 06 Feb 2010
Last visit: 18 Oct 2014
Posts: 122
Own Kudos:
3,600
 [2]
Given Kudos: 182
Concentration: Marketing, Leadership
Schools: University of Dhaka - Class of 2010
GPA: 3.63
WE:Business Development (Consumer Packaged Goods)
Schools: University of Dhaka - Class of 2010
Posts: 122
Kudos: 3,600
 [2]
1
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Goods and services price are different based on a country's currencies. So it is not possible to compare one country's living standards with others without the actually figure of spending.
User avatar
MHIKER
Joined: 14 Jul 2010
Last visit: 24 May 2021
Posts: 939
Own Kudos:
Given Kudos: 690
Status:No dream is too large, no dreamer is too small
Concentration: Accounting
Posts: 939
Kudos: 5,811
Kudos
Add Kudos
Bookmarks
Bookmark this Post
PUNEETSCHDV
Which of the following, if true, best completes the argument below?
Comparisons of the average standards of living of the citizens of two countries should reflect the citizens’ comparative access to goods and services. Reliable figures in a country’s own currency for the average income of its citizens are easily obtained. But it is difficult to get an accurate comparison of average standards of living from these figures, because______
(A) there are usually no figures comparing how much of two different currencies must be spent in order to purchase a given quantity of goods and services
(B) wage levels for the same job vary greatly from country to country, depending on cultural as well as on purely economic factors
(C) these figures must be calculated by dividing the gross national product of a country by the size of its population
(D) comparative access to goods and services is only one of several factors relevant in determining quality of life
(E) the wealth, and hence the standard of living, of a country’s citizens is very closely related to their income

As because there is no common figure in a common currency is it is difficult to make an accurate comparison.

Ans. A
User avatar
VerbalBot
User avatar
Non-Human User
Joined: 01 Oct 2013
Last visit: 04 Jan 2021
Posts: 19,419
Own Kudos:
Posts: 19,419
Kudos: 1,009
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Automated notice from GMAT Club VerbalBot:

A member just gave Kudos to this thread, showing it’s still useful. I’ve bumped it to the top so more people can benefit. Feel free to add your own questions or solutions.

This post was generated automatically.
Moderators:
GMAT Club Verbal Expert
7391 posts
499 posts
358 posts