It is currently 11 Dec 2017, 19:59

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

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

When the prime lending rates went up in 1987, economists

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
CEO
CEO
User avatar
Joined: 21 Jan 2007
Posts: 2734

Kudos [?]: 1087 [0], given: 4

Location: New York City
When the prime lending rates went up in 1987, economists [#permalink]

Show Tags

New post 19 Jun 2007, 11:15
00:00
A
B
C
D
E

Difficulty:

(N/A)

Question Stats:

50% (00:13) correct 50% (00:18) wrong based on 15 sessions

HideShow timer Statistics

923. When the prime lending rates went up in 1987, economists determined they would cause interest rates to rise and then decline over the ensuing five-year period.
(A) they would cause interest rates to rise and then decline
(B) they would mean that interest rates would rise and then decline
(C) that they will cause interest rates to rise and then decline
(D) that the increase would cause interest rates to rise and then decline
(E) that the increase would cause interest rates’ rising and subsequent declining

Please explain why an answer is wrong. thanks.

Kudos [?]: 1087 [0], given: 4

Economist GMAT Tutor Discount CodesManhattan GMAT Discount Codese-GMAT Discount Codes
Senior Manager
Senior Manager
avatar
Joined: 04 Jun 2007
Posts: 363

Kudos [?]: 112 [0], given: 0

 [#permalink]

Show Tags

New post 19 Jun 2007, 11:55
D <- idiomatic, correct modification

Kudos [?]: 112 [0], given: 0

Intern
Intern
avatar
Joined: 28 Jun 2005
Posts: 13

Kudos [?]: 1 [0], given: 0

Re: SC1000 #923 Prime lending rates [#permalink]

Show Tags

New post 19 Jun 2007, 12:11
bmwhype2 wrote:
923. When the prime lending rates went up in 1987, economists determined they would cause interest rates to rise and then decline over the ensuing five-year period.
(A) they would cause interest rates to rise and then decline
(B) they would mean that interest rates would rise and then decline
(C) that they will cause interest rates to rise and then decline
(D) that the increase would cause interest rates to rise and then decline
(E) that the increase would cause interest rates’ rising and subsequent declining

Please explain why an answer is wrong. thanks.


"they" is ambigous. So that rules out A, B and C

Between D and E, I choose D.

Kudos [?]: 1 [0], given: 0

Director
Director
User avatar
Joined: 08 Feb 2007
Posts: 609

Kudos [?]: 18 [0], given: 0

Location: New Haven, CT
 [#permalink]

Show Tags

New post 19 Jun 2007, 12:12
I agree with D. The "they" in A, B, and C is not clear. "They" could refer to prime rates or economists.

In D, "to rise" is correct.

Kudos [?]: 18 [0], given: 0

Senior Manager
Senior Manager
User avatar
Joined: 11 May 2004
Posts: 327

Kudos [?]: 25 [0], given: 0

 [#permalink]

Show Tags

New post 20 Jun 2007, 04:25
why not E? plz explain..

Any way, between D and E, i would choose D. but, want to know what is wrong with E?

Kudos [?]: 25 [0], given: 0

VP
VP
User avatar
Joined: 03 Apr 2007
Posts: 1339

Kudos [?]: 875 [0], given: 10

Reviews Badge
 [#permalink]

Show Tags

New post 20 Jun 2007, 10:51
syamee_u wrote:
why not E? plz explain..

Any way, between D and E, i would choose D. but, want to know what is wrong with E?


Syamee,

I think "interest rates’ rising and subsequent declining " makes E incorrect

Kudos [?]: 875 [0], given: 10

Senior Manager
Senior Manager
avatar
Joined: 14 Jun 2007
Posts: 397

Kudos [?]: 15 [0], given: 0

 [#permalink]

Show Tags

New post 20 Jun 2007, 21:36
goalsnr wrote:
syamee_u wrote:
why not E? plz explain..

Any way, between D and E, i would choose D. but, want to know what is wrong with E?


Syamee,

I think "interest rates’ rising and subsequent declining " makes E incorrect


I chose D, but Syamee brings up an interesting point...

are rising and declining gerunds (nouns?)

Kudos [?]: 15 [0], given: 0

Director
Director
User avatar
Joined: 30 Nov 2006
Posts: 590

Kudos [?]: 320 [0], given: 0

Location: Kuwait
 [#permalink]

Show Tags

New post 20 Jun 2007, 22:29
In the context of the sentence, "They" is unclear whether it refers to the rates or the economists.

Using the Process of Elimination, choices A,B, and C are out.
Choice E is wordy and awkward, with incorrect use of "ing" for rising and declining. D is much more clear and concise.

ANSWER: D

Kudos [?]: 320 [0], given: 0

CEO
CEO
User avatar
Joined: 21 Jan 2007
Posts: 2734

Kudos [?]: 1087 [0], given: 4

Location: New York City
 [#permalink]

Show Tags

New post 27 Jun 2007, 22:53
Mishari wrote:
In the context of the sentence, "They" is unclear whether it refers to the rates or the economists.

Using the Process of Elimination, choices A,B, and C are out.
Choice E is wordy and awkward, with incorrect use of "ing" for rising and declining. D is much more clear and concise.

ANSWER: D


OA is D.
I think E is incorrect because interest rates' rising and subsequent declining describes the interest rate's actions as gerunds/nouns rather than as verbs.

Kudos [?]: 1087 [0], given: 4

Manager
Manager
avatar
Joined: 14 Apr 2010
Posts: 216

Kudos [?]: 244 [0], given: 1

Re: SC1000 #923 Prime lending rates [#permalink]

Show Tags

New post 08 Aug 2010, 22:06
For D to be the correct choice, don't we need "to rise and TO decline"??? Is "to rise and then decline" parallel??

Kudos [?]: 244 [0], given: 1

VP
VP
avatar
Joined: 17 Feb 2010
Posts: 1469

Kudos [?]: 804 [0], given: 6

Re: SC1000 #923 Prime lending rates [#permalink]

Show Tags

New post 10 Aug 2010, 10:21
D is correct.

"they" is ambiguous in A, B and C. E is incorrect because of using "rising" and "declining"

Kudos [?]: 804 [0], given: 6

Re: SC1000 #923 Prime lending rates   [#permalink] 10 Aug 2010, 10:21
Display posts from previous: Sort by

When the prime lending rates went up in 1987, economists

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  

Moderators: GMATNinjaTwo, GMATNinja



GMAT Club MBA Forum Home| About| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

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®.