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19 Jan 2022, 02:30
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Difficulty:
55%
(hard)
Question Stats:
64% (01:54) correct
36%
(02:08)
wrong
based on 260
sessions
History
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Time
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Not Attempted Yet
The Montridge Town Council has just voted to increase the local tax rate on all new commercial businesses within the town's border. The council believes that if it acts to keep the town as residential as possible, the town will attract wealthier people who will gravitate toward the town’s charm and will not complain about an increase in property taxes.
Which of the following best expresses the logical pattern underlying the Montridge Town Council's recent decision?
A) It rationalized that a drop in revenue from one source would ultimately be offset by an increase from another source.
B) It established its distaste for commercial activity within Montridge.
C) It questioned the assumption that all commercial businesses would react to the tax hike by leaving town.
D) It believes that in order to achieve goals, they must be prioritized.
E) It weighed several options and chose the one that it believed would result in the least collateral damage.
Which of the following best expresses the logical pattern underlying the Montridge Town Council's recent decision?
A) It rationalized that a drop in revenue from one source would ultimately be offset by an increase from another source.
B) It established its distaste for commercial activity within Montridge.
C) It questioned the assumption that all commercial businesses would react to the tax hike by leaving town.
D) It believes that in order to achieve goals, they must be prioritized.
E) It weighed several options and chose the one that it believed would result in the least collateral damage.
shubhamsinha007
Joined: 13 Dec 2020
Last visit: 30 Jan 2024
Posts: 34
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Location: India
Schools: ISB '24 Goizueta '26 Fisher '26 IIM IIM Rice Jones '26 Kelley '26 Kenan-Flagler '26 McCombs '26 McDonough '26 Mendoza '26 Olin '26 Owen '26 Simon '26 Tepper '26
GMAT 1: 700 Q50 V34
GPA: 3.81
Schools: ISB '24 Goizueta '26 Fisher '26 IIM IIM Rice Jones '26 Kelley '26 Kenan-Flagler '26 McCombs '26 McDonough '26 Mendoza '26 Olin '26 Owen '26 Simon '26 Tepper '26
GMAT 1: 700 Q50 V34
Posts: 34
19 Jan 2022, 07:44
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The Montridge Town Council has just voted to increase the local tax rate on all new commercial businesses within the town's border. The council believes that if it acts to keep the town as residential as possible, the town will attract wealthier people who will gravitate toward the town’s charm and will not complain about an increase in property taxes.
Which of the following best expresses the logical pattern underlying the Montridge Town Council's recent decision?
A) It rationalized that a drop in revenue from one source would ultimately be offset by an increase from another source.
-->This option seems to be the correct one. The council rationalizes that the revenue loss by not letting the new shops open in the state will be offset by the property tax that the people will pay while buying the property.
B) It established its distaste for commercial activity within Montridge.
-->No reference for its distaste of commercial activity. An increase in commercial activity taxes was introduced to let people buy new property only.
C) It questioned the assumption that all commercial businesses would react to the tax hike by leaving town.
-->Not relevant to strategy
D) It believes that in order to achieve goals, they must be prioritized.
-->No 2 goals mentioned. Only one goal is mentioned to increase taxes from the property and thus the strategy is applied.
E) It weighed several options and chose the one that it believed would result in the least collateral damage.
-->No several options mentioned in the passage. Not relevant.
Which of the following best expresses the logical pattern underlying the Montridge Town Council's recent decision?
A) It rationalized that a drop in revenue from one source would ultimately be offset by an increase from another source.
-->This option seems to be the correct one. The council rationalizes that the revenue loss by not letting the new shops open in the state will be offset by the property tax that the people will pay while buying the property.
B) It established its distaste for commercial activity within Montridge.
-->No reference for its distaste of commercial activity. An increase in commercial activity taxes was introduced to let people buy new property only.
C) It questioned the assumption that all commercial businesses would react to the tax hike by leaving town.
-->Not relevant to strategy
D) It believes that in order to achieve goals, they must be prioritized.
-->No 2 goals mentioned. Only one goal is mentioned to increase taxes from the property and thus the strategy is applied.
E) It weighed several options and chose the one that it believed would result in the least collateral damage.
-->No several options mentioned in the passage. Not relevant.
19 Jan 2022, 18:18
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The Montridge Town Council has just voted to increase the local tax rate on all new commercial businesses within the town's border. The council believes that if it acts to keep the town as residential as possible, the town will attract wealthier people who will gravitate toward the town’s charm and will not complain about an increase in property taxes.
Which of the following best expresses the logical pattern underlying the Montridge Town Council's recent decision?
D) It believes that in order to achieve goals, they must be prioritized.
E) It weighed several options and chose the one that it believed would result in the least collateral damage.
D and E are clear wrong answers
C) It questioned the assumption that all commercial businesses would react to the tax hike by leaving town.
>>support the assumption
out of A and B:-
A) It rationalized that a drop in revenue from one source would ultimately be offset by an increase from another source.
B) It established its distaste for commercial activity within Montridge.
there is no disliking whatsoever .
I choose A in the end
Which of the following best expresses the logical pattern underlying the Montridge Town Council's recent decision?
D) It believes that in order to achieve goals, they must be prioritized.
E) It weighed several options and chose the one that it believed would result in the least collateral damage.
D and E are clear wrong answers
C) It questioned the assumption that all commercial businesses would react to the tax hike by leaving town.
>>support the assumption
out of A and B:-
A) It rationalized that a drop in revenue from one source would ultimately be offset by an increase from another source.
B) It established its distaste for commercial activity within Montridge.
there is no disliking whatsoever .
I choose A in the end
