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Walters: Our neighboring country had a much higher percentage increase

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Walters: Our neighboring country had a much higher percentage increase  [#permalink]

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New post 30 Jul 2018, 00:22
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A
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C
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67% (01:14) correct 33% (01:31) wrong based on 91 sessions

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Walters: Our neighboring country had a much higher percentage increase in GNP (Gross National Product) over the last ten years than our country did. So, their economic prosperity increased relative to ours.

Kostamo: I disagree. The GNP of our neighbor might have increased by a greater percentage, but the absolute amount of the increase in GNP was certainly greater for our country.

Walters and Kostamo disagree about whether

A. change in the economic prosperity of the neighboring country relative to their country is accurately measured by comparing their percentage changes in GNP

B. change in the economic prosperity of the neighboring country is more accurately measured in terms relative to their country than in terms relative only to the neighboring country

C. changes in the GNP of the neighboring country should ever be compared to changes in the GNP of their country

D. there were any improvements at all in the economic situation of the neighboring country during the ten years being considered

E. the GNP of the neighboring country increased by a greater percentage over the last decade than did the GNP of their country
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Re: Walters: Our neighboring country had a much higher percentage increase  [#permalink]

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New post 30 Jul 2018, 05:54
Walters: Our neighboring country had a much higher percentage increase in GNP (Gross National Product) over the last ten years than our country did. So, their economic prosperity increased relative to ours.

Kostamo: I disagree. The GNP of our neighbor might have increased by a greater percentage, but the absolute amount of the increase in GNP was certainly greater for our country.


one talks of % change in GNP but the second talks about absolute change
For example 10% change on $100 is less than 5% on $500


Walters and Kostamo disagree about whether

A. change in the economic prosperity of the neighboring country relative to their country is accurately measured by comparing their percentage changes in GNP
Correct. One feels % increase is the accurate indicator and other feels the exact amount

B. change in the economic prosperity of the neighboring country is more accurately measured in terms relative to their country than in terms relative only to the neighboring country
Both are comparing own country with neighbouring country

C. changes in the GNP of the neighboring country should ever be compared to changes in the GNP of their country
both agree and do compare

D. there were any improvements at all in the economic situation of the neighboring country during the ten years being considered
ANY improvements AT ALL is too extreme. Both do agree there has been improvement. They disagree relative to the two countries

E. the GNP of the neighboring country increased by a greater percentage over the last decade than did the GNP of their country
K also agrees with W on this as he says.. The GNP...might have increased

A
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Walters: Our neighboring country had a much higher percentage increase  [#permalink]

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New post 30 Jul 2018, 22:39
Official Explanation


The best answer is A. This is a point of contention question. Kostamo states that she disagrees and then gives the reason for her disagreement, which is that there is a difference between a per cent increase and an increase in absolute amount. In other words, if the speaker’s country had a significantly larger GNP than its neighbouring country at the beginning of the time in question, it is plausible that the neighbouring country’s GNP could grow by a much larger percentage but still be much smaller than the speakers’ country.
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Walters: Our neighboring country had a much higher percentage increase &nbs [#permalink] 30 Jul 2018, 22:39
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Walters: Our neighboring country had a much higher percentage increase

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