Manhattan GMAT Prep Materail
Critical Reasoning Book
2007 Edition
On page 98 it seems to say both B and C are the correct answers. I think the correct answer is B. Anyone know?
Mistake in Manhattan GMAT Prep Critical Reasoning 2007
This topic has expert replies
Here is the question:
Curbing government spending has been demonstrated to raise the value of a country's currency over time. However, many economists no longer recommend this policy. A currency of lesser value causes a country's exports to be more competitive in the international market, encouraging domestic industries and making the economy more attractive to foreign investment.
A: Limited government spending encourages foreign investment.
B: Curbing government spending can make a country's exports less competitive.
C: Many economists now recommend higher levels of government spending.
D: A Currency increasing in value will result in reduced government spending.
E: Competitive exports indicate a weak currency.
I'll post the Manhattan GMAT Answers Later.
Thanks for the help D-Ann
Curbing government spending has been demonstrated to raise the value of a country's currency over time. However, many economists no longer recommend this policy. A currency of lesser value causes a country's exports to be more competitive in the international market, encouraging domestic industries and making the economy more attractive to foreign investment.
A: Limited government spending encourages foreign investment.
B: Curbing government spending can make a country's exports less competitive.
C: Many economists now recommend higher levels of government spending.
D: A Currency increasing in value will result in reduced government spending.
E: Competitive exports indicate a weak currency.
I'll post the Manhattan GMAT Answers Later.
Thanks for the help D-Ann