- karthikpandian19
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Economist: Typically, the price of gasoline adjusts to reflect the price of crude oil. As the price of crude oil increases or decreases, so does the price of gasoline. However, the recent decrease in the price of crude oil has not been accompanied by a decrease in the price of gasoline in Country X. This unusual occurrence is not random; it is the planned result of the government's energy policy.
Which of the following, if true, provides evidence that supports the economist's conclusion?
(A) The price of gasoline does not usually increase unless the price of crude oil increases.
(B) Businesses that sell gasoline in Country X are not engaged in anti-competitive practices that would inflate the price of gasoline.
(C) The government's energy policy encourages individuals to use alternative fuels instead of gasoline by subsidizing alternative fuels.
(D) To discourage the use of gasoline, the government in neighboring Country Y imposes taxes that increase the price of gasoline.
(E) Rapid price fluctuations have recently caused businesses that sell gasoline to discontinue their historical practice of adjusting their prices to reflect the price of crude oil.
Which of the following, if true, provides evidence that supports the economist's conclusion?
(A) The price of gasoline does not usually increase unless the price of crude oil increases.
(B) Businesses that sell gasoline in Country X are not engaged in anti-competitive practices that would inflate the price of gasoline.
(C) The government's energy policy encourages individuals to use alternative fuels instead of gasoline by subsidizing alternative fuels.
(D) To discourage the use of gasoline, the government in neighboring Country Y imposes taxes that increase the price of gasoline.
(E) Rapid price fluctuations have recently caused businesses that sell gasoline to discontinue their historical practice of adjusting their prices to reflect the price of crude oil.
Regards,
Karthik
The source of the questions that i post from JUNE 2013 is from KNEWTON
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---Never stop until cracking GMAT---
Karthik
The source of the questions that i post from JUNE 2013 is from KNEWTON
---If you find my post useful, click "Thank"
---Never stop until cracking GMAT---

















