GMAT Question of the Day - Daily to your Mailbox; hard ones only

 It is currently 19 Jan 2019, 20:52

### 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

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

## Events & Promotions

###### Events & Promotions in January
PrevNext
SuMoTuWeThFrSa
303112345
6789101112
13141516171819
20212223242526
272829303112
Open Detailed Calendar
• ### FREE Quant Workshop by e-GMAT!

January 20, 2019

January 20, 2019

07:00 AM PST

07:00 AM PST

Get personalized insights on how to achieve your Target Quant Score.
• ### Free GMAT Strategy Webinar

January 19, 2019

January 19, 2019

07:00 AM PST

09:00 AM PST

Aiming to score 760+? Attend this FREE session to learn how to Define your GMAT Strategy, Create your Study Plan and Master the Core Skills to excel on the GMAT.

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

Author Message
TAGS:

### Hide Tags

Senior Manager
Joined: 07 Dec 2017
Posts: 302

### Show Tags

29 Jul 2018, 23:22
00:00

Difficulty:

35% (medium)

Question Stats:

67% (01:17) correct 33% (01:34) wrong based on 100 sessions

### HideShow timer Statistics

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
Math Expert
Joined: 02 Aug 2009
Posts: 7206
Re: Walters: Our neighboring country had a much higher percentage increase  [#permalink]

### Show Tags

30 Jul 2018, 04:54
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
_________________

1) Absolute modulus : http://gmatclub.com/forum/absolute-modulus-a-better-understanding-210849.html#p1622372
2)Combination of similar and dissimilar things : http://gmatclub.com/forum/topic215915.html
3) effects of arithmetic operations : https://gmatclub.com/forum/effects-of-arithmetic-operations-on-fractions-269413.html

GMAT online Tutor

Senior Manager
Joined: 07 Dec 2017
Posts: 302

### Show Tags

30 Jul 2018, 21:39
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.
Walters: Our neighboring country had a much higher percentage increase &nbs [#permalink] 30 Jul 2018, 21:39
Display posts from previous: Sort by

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

 Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.