Events & Promotions
|
|
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
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Apr 2810:00 AM EDT
-11:00 AM EDT
The Target Test Prep GMAT Flash Sale is LIVE! Get 25% off our game-changing course and save up to $450 today! Use code FLASH25 at checkout. This limited-time deal won’t last long, so grab your discount now!
Apr 2110:00 AM EDT
-11:59 PM EDT
Get a massive $325 off the TTP OnDemand GMAT course by using the coupon code FLASH25 at checkout. If you prefer learning through engaging video lessons, TTP OnDemand GMAT is exactly what you need.
Apr 2706:30 AM PDT
-07:15 AM PDT
Solve GRE practice problems covering Quantitative reasoning, Verbal Reasoning, Text Completion, Sentence Equivalence, and Reading Comprehension Problems. Take this GRE practice quiz live with peers, analyze your GRE study progress, and more.- Apr 27
07:30 AM PDT
-08:15 AM PDT
Join us in a live GMAT practice session and solve 30 challenging GMAT questions with other test takers in timed conditions, covering GMAT Quant, Data Sufficiency, Data Insights, Reading Comprehension, and Critical Reasoning questions. 
Apr 2711:30 AM EDT
-12:30 PM EDT
Learn how Keshav, a Chartered Accountant, scored an impressive 705 on GMAT in just 30 days with GMATWhiz's expert guidance. In this video, he shares preparation tips and strategies that worked for him, including the mock, time management, and more.
Apr 2808:00 PM PDT
-09:00 PM PDT
Full-length FE mock with insightful analytics, weakness diagnosis, and video explanations!- Apr 29
08:30 AM PDT
-09:30 AM PDT
In this inspiring GMAT success story, meet Pragati, who shares her incredible journey of improving her GMAT Focus score by massive 160 points—from a 535 to a remarkable 695 (Q87, V84, D82)-with strategic guidance and hard-work! - Apr 29
08:30 AM PDT
-09:30 AM PDT
Are location and affordability crucial for your MBA success? In Episode 5 of our "How to Find the Right MBA Programs to Apply" series, Lisa Cummings, seasoned MBA Admissions Counselor from Stratus Admissions, explains... 
May 0311:00 AM IST
-01:00 PM IST
Attend this session to learn how to Deconstruct arguments, Pre-Think Author’s Assumptions, and apply Negation Test.- May 04
11:00 AM IST
-01:00 PM IST
Attend this free GMAT Algebra Webinar and learn how to master the most challenging Inequalities and Absolute Value problems with ease.
10 May 2024, 01:23
Kudos
Bookmarks
The GMAT doesn't ask questions like this, so there's no valid answer. They can ask for a conclusion, but that is when the conclusion takes the form of a provable inference. They aren't going to ask what the author is probably trying to get at. The raging opinions in this thread show exactly why not. If there's not one verifiable answer, it isn't a GMAT question.
24 May 2024, 12:09
Kudos
Bookmarks
This is a contentious question, and I recommend not to waste time on this.
But let me share my reasoning.
With Proposition 13, if you bought your house 11 years ago for $75,000, your property tax would be approximately $914 a year (1 percent of $75,000 increased by 2 percent each year for 11 years); and if your neighbor bought an identical house next door to you for $200,000 this year, his tax would be $2,000 (1 percent of $200,000). Without Proposition 13, both you and your neighbor would pay $6,000 a year in property taxes (3 percent of $200,000).
Which of the following is the conclusion for which the author most likely is arguing in the passage above?
(A) Proposition 13 is unconstitutional because it imposes an unequal tax on properties of equal value. - out of scope.
(B) If Proposition 13 is repealed, every homeowner is likely to experience a substantial increase in property taxes. - "Every" at first is a hyperbolic for me. I'll hold.
(C) By preventing inflation from driving up property values, Proposition 13 has saved homeowners thousands of dollars in property taxes. - "How" is out of scope.
(D) If Proposition 13 is not repealed, identical properties will continue to be taxed at different rates. - Correct, but this is more of an observation against the conclusion, which needs to the implication of whether or not we have proposition 13.
(E) Proposition 13 has benefited some homeowners more than others. - Doesnt even take into account the "without proposition 13 scenario."
Option B, however, hyperbolic seems the best fit among the 5 options.
But let me share my reasoning.
With Proposition 13, if you bought your house 11 years ago for $75,000, your property tax would be approximately $914 a year (1 percent of $75,000 increased by 2 percent each year for 11 years); and if your neighbor bought an identical house next door to you for $200,000 this year, his tax would be $2,000 (1 percent of $200,000). Without Proposition 13, both you and your neighbor would pay $6,000 a year in property taxes (3 percent of $200,000).
Which of the following is the conclusion for which the author most likely is arguing in the passage above?
(A) Proposition 13 is unconstitutional because it imposes an unequal tax on properties of equal value. - out of scope.
(B) If Proposition 13 is repealed, every homeowner is likely to experience a substantial increase in property taxes. - "Every" at first is a hyperbolic for me. I'll hold.
(C) By preventing inflation from driving up property values, Proposition 13 has saved homeowners thousands of dollars in property taxes. - "How" is out of scope.
(D) If Proposition 13 is not repealed, identical properties will continue to be taxed at different rates. - Correct, but this is more of an observation against the conclusion, which needs to the implication of whether or not we have proposition 13.
(E) Proposition 13 has benefited some homeowners more than others. - Doesnt even take into account the "without proposition 13 scenario."
Option B, however, hyperbolic seems the best fit among the 5 options.
16 Dec 2024, 23:56
Kudos
Bookmarks
C can be eliminated because of one for more reason. It says "By Preventing Inflation from driving up property values", whereas the property values have gone up, it's the property tax which haven't gone up substantially if Proposition 13 is implemented. Hence, C is factually incorrect.
I feel Option D & E are factually correct but this is not the main point because the last line says "Without Proposition 13, both you and your neighbor would pay $6,000 a year in property taxes (3 percent of $200,000)."
I feel Option D & E are factually correct but this is not the main point because the last line says "Without Proposition 13, both you and your neighbor would pay $6,000 a year in property taxes (3 percent of $200,000)."
walker
I also picked D. But it is B.
+1 for Q
With Proposition 13, if you bought your house 11 years ago for $75,000, your property tax would be approximately $914 a year (1 percent of $75,000 increased by 2 percent each year for 11 years); and if your neighbor bought an identical house next door to you for $200,000 this year, his tax would be $2,000 (1 percent of $200,000). Without Proposition 13, both you and your neighbor would pay $6,000 a year in property taxes (3 percent of $200,000).
Which of the following is the conclusion for which the author most likely is arguing in the passage above?
"conclusion" is a "must be true" statement.
(A) Proposition 13 is unconstitutional because it imposes an unequal tax on properties of equal value. - "unconstitutional" is an additional information.
(B) If Proposition 13 is repealed, every homeowner is likely to experience a substantial increase in property taxes. - there are no visible contradictions. the best by POE.
(C) By preventing inflation from driving up property values, Proposition 13 has saved homeowners thousands of dollars in property taxes. - "preventing inflation" is an additional information.
(D) If Proposition 13 is not repealed, identical properties will continue to be taxed at different rates. - properties is generalization of houses (Please, correct me if I'm wrong). We cannot infer it from the passage. Is commercial property also taxed in different rates?
(E) Proposition 13 has benefited some homeowners more than others. - I'm not sure but it seems to be incomplete and "has benefited" is not clear here for me.
+1 for Q
With Proposition 13, if you bought your house 11 years ago for $75,000, your property tax would be approximately $914 a year (1 percent of $75,000 increased by 2 percent each year for 11 years); and if your neighbor bought an identical house next door to you for $200,000 this year, his tax would be $2,000 (1 percent of $200,000). Without Proposition 13, both you and your neighbor would pay $6,000 a year in property taxes (3 percent of $200,000).
Which of the following is the conclusion for which the author most likely is arguing in the passage above?
"conclusion" is a "must be true" statement.
(A) Proposition 13 is unconstitutional because it imposes an unequal tax on properties of equal value. - "unconstitutional" is an additional information.
(B) If Proposition 13 is repealed, every homeowner is likely to experience a substantial increase in property taxes. - there are no visible contradictions. the best by POE.
(C) By preventing inflation from driving up property values, Proposition 13 has saved homeowners thousands of dollars in property taxes. - "preventing inflation" is an additional information.
(D) If Proposition 13 is not repealed, identical properties will continue to be taxed at different rates. - properties is generalization of houses (Please, correct me if I'm wrong). We cannot infer it from the passage. Is commercial property also taxed in different rates?
(E) Proposition 13 has benefited some homeowners more than others. - I'm not sure but it seems to be incomplete and "has benefited" is not clear here for me.
