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07 Jul 2010, 15:34
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B
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
85%
(hard)
Question Stats:
47% (02:04) correct
53%
(02:23)
wrong
based on 317
sessions
History
Date
Time
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Not Attempted Yet
Hey GMATClubbers!
I'm going to be posting several sample questions in each verbal category. In addition to answers, any feedback would be appreciated. Too easy? Too unclear? Just right? Whatever you think! Thanks!
1. Most countries have run up historic deficits. While this has helped save public-sector jobs, there has not been much private-sector improvement. Government spending is a weak counter to economic cycles. Monetary policy is the only strong tool we have.
Which of the following facts best supports the author’s hypothesis?
(a) According to a historical survey, countries with smaller deficits have more stable long-term economies.
(b) A state that carefully regulates private-sector economic activity has continually seen statewide job growth, despite the country’s deficit.
(c) Public-sector jobs are far more plentiful and lucrative than private-sector jobs.
(d) During past periods of economic duress, government expenditures have bolstered prosperity.
(e) Enacting new fiscal policies requires vast monetary resources, often resulting in increased governmental debt.
I'm going to be posting several sample questions in each verbal category. In addition to answers, any feedback would be appreciated. Too easy? Too unclear? Just right? Whatever you think! Thanks!
1. Most countries have run up historic deficits. While this has helped save public-sector jobs, there has not been much private-sector improvement. Government spending is a weak counter to economic cycles. Monetary policy is the only strong tool we have.
Which of the following facts best supports the author’s hypothesis?
(a) According to a historical survey, countries with smaller deficits have more stable long-term economies.
(b) A state that carefully regulates private-sector economic activity has continually seen statewide job growth, despite the country’s deficit.
(c) Public-sector jobs are far more plentiful and lucrative than private-sector jobs.
(d) During past periods of economic duress, government expenditures have bolstered prosperity.
(e) Enacting new fiscal policies requires vast monetary resources, often resulting in increased governmental debt.
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29 Jan 2015, 02:05
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Can anybody explain? Do we need prior subject knowledge to answer this question?
I am quite blank about how B supports the conclusion "monetary policy is the strongest tool to counter economic cycles."
I am quite blank about how B supports the conclusion "monetary policy is the strongest tool to counter economic cycles."
