Inflation rose by 5.1 % over the second quarter, up form 4.1 % during the first quarter of the year and higher than the 3.3% record during the same time last year. However, the higher price index did not seem to alarm Wall street, as stock prices remained steady.
Which of the following, if true, could explain the reaction of Wall Street ?
Question # 2
Average family income is right where it was 20 years ago, even though in most families these days, husbands and wives are working.
The above statement implies all of the following, except:
Question # 3
Contrary to charges made by opponents of the new trade bill, the bill's provisions for taking action against foreign countries that place barriers against American exports, is justified. Opponents should take not that restrictive trade legislation in the 1930s succeeded in improving the U.S. trade balance even though economists were against it.
The author's method of rebutting opponents of the new trade bill is to
Question # 4
The movement to ownership by unions is the latest step in the progression form management ownership to employee ownership. Employee ownership can save depressed and losing companies. All the following statements, if true, provide support for the claim above except:
Question # 5
Ali is a terrible driver. He has had at least five traffic violations, int he past year.
Which of the following can be said about the above claim ?
Question # 6
Prompted by proposal to convert a shipyard into a complex of condominiums with full-service marina and boat repair center and by concern about the proposal from local residents, baymen, and environmentalists, the town is considering a one-year building moratorium for the water front area.
Which of the following, if true, would most seriously weaken opposition to the complex ?
Question # 7
Ever since I arrived at the college last week, I ve been shocked by the poor behavior of students and the unfriendly attitude of the towns-people, but the professors are very erudite and genuinely helpful. Still, I wonder if i should have come here in the first place.
Which of the following, if true, would weaken the above conclusion ?
Question # 8
In the human body, platelets, promote blood clotting by clumping together. Aspirin has been found to prevent clotting by making platelets less sticky. Research has now shown that heart attacks and strokes caused by blood clots could be avoided by taking one aspirin a day. Statistics show that the incidence of second heart attacks
Unfortunately, the drug has several unpleasant side effects, including nausea, gastric bleeding, and, in severe cases, shock. In children, it has been linked to Reye Syndrome, a rare, but occasionally fatal, childhood illness.
One balance, however, for men aged 40 and over, an aspirin a day may present an excellent prophylactic measure for a disease that affects 1.5 million Americans yearly and claims the lives of about 540,000.
Which of the following conclusions can most properly be drawn from the information above ?
Question # 9
Ira is taller than Sam.
Elliot is taller than Harold.
Harold is shorter than Gene.
Sam and Gene are of the same height.
If the above is true, which of the following conditions, must also be true?
Question # 10
Buy Plenty, a supermarket chain, had successfully implemented an in store promotional campaign based on video messages dashed on a large screen. The purpose of the campaign was to motivate customers to purchase products which they had not planned to buy before they entered to store. The sales manager of Build-It Inc., a chain of do-it-yourself hardware stores, saw the campaign and plans to introduce it in Build-It locations.
The sales manager's plan assumes that
Question # 11
The President lobbied for passage of his new trade bill which would liberalize trade with industrialized countries such as Japan, members of the European Community, and Canad.
Each of the following, if true, could account for the above, except:
Question # 12
The states of New York, Ohio, Pennsylvania, and California provide extensive free higher education to their residents. Threes states are representative of different geographic areas of the united states. There is little reason why most states cannot provide the same service to their residents.
Which of the following, it true, would weaken the above argument ?
Question # 13
In August 1980, according to a new your. Times/CBS news poll, 36 percent of the voters called themselves Republicans or said they were independents leaning toward being Republicans. In November 1984, the Republican figure rose to 47 percent. But in the latest Times/CBS survey, the Republicans were down to 38 percent. Therefore, the Democrats are likely to win the next election.
Which of the following, if true, would most seriously weaken the above conclusion ?
Question # 14
Forty years after African colonies began emerging as nations, modern loyalties still often go first to the tribe. From Angola to Ethiopia, ethnic hatred has forced hundreds of thousands of people to flee their homes, making Africa the continent with the world's largest number of refugees.
Which of the following statements best summarizes the above ?
Question # 15
A local garbage disposal company increased its profitability even though it reduced its prices in order to attract new customers. This was made possible through the use of automated trucks, thereby reducing the number of workers needed per truck. The company also switched from a concentration on household hauling to a concentration on commercial hauling. As a result of its experience, company management planned to replace all their old trucks and increase the overall size of the truck fleet, doubling hauling capacity.
The company's plan as outlined above, takes into consideration each of the following except:
Question # 16
Most large retail stores hold sales in the month of January. The original idea of price reduction campaigns in January became popular when it was realized that sales or products would generally slow down following the Christmas rush, were it no for some incentive. The lack of demand could be solved by the simple solution of reducing prices.
There is now an increasing tendency among major department stores in large urban centers to have their January sales being before Christmas, some time before the end of the calendar year. The idea behind this trend is to endeavor to sell the maximum amount of stock at a profit, even if that may not be at the maximum profit.
Which of the following conclusions cannot be drawn from the above ?
Question # 17
If we are doomed to have local drug rehabilitation centers - and society has determined that we are - then society ought to pay for them.
Which of the following, if true, would weaken the above argument ?
Question # 18
The Monopoly is characterized by absence of or decline in competition. The ABC Company realizes that its operations are in competitive industries.
Which of the following conclusions may be inferred form the above ?
Question # 19
Professor Bilal had the task of giving grades (ranging from A - D in descending value) to her 100 students, based upon the marks they received in three examinations in which the passing mark was 50%. She was instructed to follow the following criteria:
i. All students that scored between 90 and 100% in any two examinations could receive an A grade.
ii. Students that came in the top decile overall were to be awarded an A.
iii. Notwithstanding I and II, if any student failed an exam, the highest he or shed could get was a b.
iv. The top 20 students in the whole year, when the overall exam percentages were averaged, could receive an A.
Given the above criteria, which of the following in the absence of further information, would definitely not be permissible ?
Question # 20
In winning its bitter, protracted battle to acquire Blue Industries, Inc., Belle industries has fulfilled its goal to lessen its reliance on tobacco holdings, while the $5.2 billion deal may spur more takeover activity in the insurance industry, analysts said.
Which of the following can be inferred from the passage?
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1
If we are doomed to have local drug rehabilitation centers - and society has determined that we are - then society ought to pay for them.
Which of the following, if true, would weaken the above argument ?
A. Drug rehabilitation centers are too expensive to be locally funded.
B. Many neighborhood groups oppose rehabilitation centers.
C. Drug rehabilitation centers are expensive to maintain.
D. Drug addicts may be unwilling to receive treatment.
2
In a world of many trading countries, the trade between two countries need not be balanced for the trade of each to be in global balance. Differing demands and productive capabilities among countries will cause a specific country to have trade deficits with some countries and surpluses with other countries.
Which of the following conclusions best summarizes the passage above ?
A. A country trade will always be in balance even though it runs a deficit with a single country.
B. A country trade deficits and surpluses with other countries always balance out.
C. A country global trade balance is a sign of strength or weakness.
D. Countries should not be concerned if they have trade deficits because they will balance out in the long run.
3
Prompted by proposal to convert a shipyard into a complex of condominiums with full-service marina and boat repair center and by concern about the proposal from local residents, baymen, and environmentalists, the town is considering a one-year building moratorium for the water front area.
Which of the following, if true, would most seriously weaken opposition to the complex ?
A. Condominiums would sell for $350,000 each.
B. There is a large demand for boat repair services.
C. A growing population results in the closure of shellfish.
D. There are already 1,200 moorings on the waterfront.
4
Typically, the entrepreneur is seen as an individual who owns and operates a small business. But, simply to own and operate a small business-or even a big business-does not make someone an entrepreneur. If this person is a true entrepreneur, then new products are being created, new ways of providing services are being implemented.
Which of the following conclusions can best be drawn from the above passage?
A. An owner of large business may be an entrepreneur.
B. Someone who develops an enterprise may be considered an entrepreneur.
C. Entrepreneurs do not own and operate small businesses.
D. Entrepreneurs are the main actors in economic growth
5
An economist was quoted as saying that the Consumer Price Index (CPI) will go up next month because of a recent increase in the price of fruit and vegetables.
Which of the following cannot be inferred from the statement ?
A. The cost of fruits and vegetables has risen sharply.
B. Consumers have decreased their consumption of fruits and vegetables.
C. The cost of fruit and vegetables is a major item in the CPI.
D. Food cost changes are reflected quickly in the CPI.
6
Farmers in the North have observed that heavy frost is usually preceded by a full moon somehow generates the frost.
Which of the following, if true, would weaken the farmers conviction ?
A. The temperature must fall below 10 degrees Celsius (50 degrees Fahrenheit) for frost to occur.
B. Absence of a cloud cover cools the ground which causes frost.
C. Farmers are superstitious.
D. No one has proven that the moon causes frost.
7
The burning of coal, oil, and other combustible energy sources produces carbon dioxide, a natural constituent of the atmosphere. Elevated levels of carbon dioxide are thought to be responsible for half the greenhouse effect. Enough carbon dioxide has been sent into the atmosphere already to cause a significant temperature increase. Growth in industrial production must be slowed, or production processes must be changed.
Which of the following, it true, would tend to weaken the strength of the above conclusion ?
A. Many areas of the world are cold anyway, so a small rise in temperature would be welcome.
B. Carbon dioxide is bad for the health.
C. Most carbon dioxide is emitted by automobiles.
D. Industry is switching over to synthetic liquid fuel extracted form coal.
8
Every town with a pool hall has its share of unsavory characters. This is because the pool hall attracts gamblers and all gamblers are unsavory.
Which of the following, if true, cannot be inferred from the above ?
A. All gamblers are unsavory,
B. All pol halls attract gamblers.
C. Every town has unsavory characters.
D. All gamblers are attracted by pool halls.
9
Pioneers of the motor-car industry realized that if they were going to meet the growing demand for their product, they had to adapt the labor force used in the productive process. Instead of many men working to complete all the stages of one car at a time, they assigned defined tasks to each man which they would repeat on every car.
Which of the following can be concluded form the passage ?
A. Early motor car manufacturers intended to increase productivity by applying the principle of division of labor.
B. The car workers became disgruntled because they were assigned monotonous, repetitive tasks on the assembly line.
C. Economies of scale enabled early motor companies to expand.
D. A bad worker would perform the same task badly on each car, leading to many more rejects.
10
Forty years after African colonies began emerging as nations, modern loyalties still often go first to the tribe. From Angola to Ethiopia, ethnic hatred has forced hundreds of thousands of people to flee their homes, making Africa the continent with the world's largest number of refugees.
Which of the following statements best summarizes the above ?
A. Africa is best characterized ethnic fractionalization.
B. Angola and Ethiopia have the worst record of inter ethnic strife in Africa.
C. Continued warfare has made Africa a nation of refugees.
D. Africa is best characterized as a federation of many states.
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