• Target Test Prep
    5-Day Free Trial
    5-day free, full-access trial TTP Quant

    Available with Beat the GMAT members only code

    MORE DETAILS
    Target Test Prep
  • e-gmat Exclusive Offer
    Get 300+ Practice Questions
    25 Video lessons and 6 Webinars for FREE

    Available with Beat the GMAT members only code

    MORE DETAILS
    e-gmat Exclusive Offer
  • Economist Test Prep
    Free Trial & Practice Exam
    BEAT THE GMAT EXCLUSIVE

    Available with Beat the GMAT members only code

    MORE DETAILS
    Economist Test Prep
  • Kaplan Test Prep
    Free Practice Test & Review
    How would you score if you took the GMAT

    Available with Beat the GMAT members only code

    MORE DETAILS
    Kaplan Test Prep
  • Magoosh
    Magoosh
    Study with Magoosh GMAT prep

    Available with Beat the GMAT members only code

    MORE DETAILS
    Magoosh
  • Varsity Tutors
    Award-winning private GMAT tutoring
    Register now and save up to $200

    Available with Beat the GMAT members only code

    MORE DETAILS
    Varsity Tutors
  • PrepScholar GMAT
    5 Day FREE Trial
    Study Smarter, Not Harder

    Available with Beat the GMAT members only code

    MORE DETAILS
    PrepScholar GMAT
  • Veritas Prep
    Free Veritas GMAT Class
    Experience Lesson 1 Live Free

    Available with Beat the GMAT members only code

    MORE DETAILS
    Veritas Prep
  • EMPOWERgmat Slider
    1 Hour Free
    BEAT THE GMAT EXCLUSIVE

    Available with Beat the GMAT members only code

    MORE DETAILS
    EMPOWERgmat Slider

OG Plan: welfare concern

This topic has 1 member reply
AbeNeedsAnswers Master | Next Rank: 500 Posts Default Avatar
Joined
02 Jul 2017
Posted:
191 messages
Followed by:
1 members
Thanked:
1 times

OG Plan: welfare concern

Post Tue Jul 25, 2017 7:48 pm
Elapsed Time: 00:00
  • Lap #[LAPCOUNT] ([LAPTIME])
    Plan: Concerned about the welfare of its senior citizens, the government of Runagia decided two years ago to increase by 20 percent the government-provided pension paid to all Runagians age sixty-five and older. Result: Many Runagian senior citizens are no better off financially now than they were before the increase. Further information: The annual rate of inflation since the pension increase has been below 5 percent, and the increased pension has been duly received by all eligible Runagians.

    In light of the further information, which of the following, if true, does most to explain the result that followed implementation of the plan?

    (A) The majority of senior citizens whose financial position has not improved rely entirely on the government pension for their income.

    (B) The Runagian banking system is so inefficient that cashing a pension check can take as much as three weeks.

    (C) The prices of goods and services that meet the special needs of many senior citizens have increased at a rate much higher than the rate of inflation.

    (D) The pension increase occurred at a time when the number of Runagians age sixty-five and older who were living below the poverty level was at an all-time high.

    (E) The most recent pension increase was only the second such increase in the last ten years.

    C

    Need free GMAT or MBA advice from an expert? Register for Beat The GMAT now and post your question in these forums!

    Top Member

    elias.latour.apex Master | Next Rank: 500 Posts
    Joined
    20 Apr 2017
    Posted:
    126 messages
    Followed by:
    1 members
    Thanked:
    25 times
    GMAT Score:
    770
    Most Thanked Member Most Responsive Member
    Post Thu Jul 27, 2017 3:15 am
    The first step in critical reasoning questions is to read the question carefully. Do not read the text until you know what your task is.

    In this case, the question stem indicates that we must explain something. In these problems, we must identify the two contradictory (or seemingly contradictory) facts and determine how they conflict. Then we brainstorm possible explanations before going to the answer choices.

    In this case, our two conflicting facts are:
    1. The government has increased retired pensions by 20%
    2. Those receiving the pensions are no better off financially.

    Immediately we might think that if people are getting more money, but are not better off financially, then obviously things have become more expensive. However, the text mentions that the general level of inflation is below 5 percent.

    Nevertheless, that does not demonstrate that things are not more expensive. Perhaps inflation is low, but medical care costs are skyrocketing. Somehow this extra money is being drained from the senior citizen's bank accounts.

    With this insight, we can see that C is the best answer.

    _________________
    Elias Latour
    Verbal Specialist @ ApexGMAT
    blog.apexgmat.com
    +1 (646) 736-7622

    Best Conversation Starters

    1 Vincen 152 topics
    2 lheiannie07 61 topics
    3 Roland2rule 49 topics
    4 ardz24 40 topics
    5 LUANDATO 32 topics
    See More Top Beat The GMAT Members...

    Most Active Experts

    1 image description Brent@GMATPrepNow

    GMAT Prep Now Teacher

    141 posts
    2 image description EconomistGMATTutor

    The Economist GMAT Tutor

    107 posts
    3 image description GMATGuruNY

    The Princeton Review Teacher

    106 posts
    4 image description Rich.C@EMPOWERgma...

    EMPOWERgmat

    104 posts
    5 image description Matt@VeritasPrep

    Veritas Prep

    76 posts
    See More Top Beat The GMAT Experts