This page was exported from Valid Premium Exam [ http://premium.validexam.com ] Export date:Thu Sep 19 22:43:14 2024 / +0000 GMT ___________________________________________________ Title: Updated May 03, 2023 Test Engine to Practice Test for GMAT Valid and Updated Dumps [Q151-Q174] --------------------------------------------------- Updated May 03, 2023 Test Engine to Practice Test for GMAT Valid and Updated Dumps Exam Questions for GMAT Updated Versions With Test Engine NEW QUESTION 151The cost of manufacturing sports shoes in Macao is 25% less than the cost of manufacturing them in the Philippines. Even after transportation fees and tariff charges are added, it is still cheaper for a company to import sport shoes from Macao to the Philippines than to manufacture sports shoes in the Philippines.The statements above, if true, best support which of the following assertions?  Labor costs in Macao are 25% below those in the Philippines.  Importing sports shoes from Macao to the Philippines will eliminate 25% of the manufacturing jobs in the Philippines.  The tariff on sports shoes imported from Macao to the Philippines is less than 25% of the cost of manufacturing sports shoes in the Philippines.  The fee for transporting a pair of sports shoes from Macao to the Philippines is more than 25% of cost of manufacturing the shoes in Macao.  It takes 25% less time to manufacture a pair of sports shoes in Macao than it does in the Philippines. Explanation/Reference:Explanation:The best answer is C.If the tariff on importing sport shoes from Macao to the Philippines were as high as25% or more of the cost of producing sports shoes in the Philippines, then, contrary to what the passage says, the cost of importing sports shoes would be equal to or more than the cost of producing sports shoes in the Philippines. Thus, the tariff cannot be that highNEW QUESTION 152Which of the following best completes the passage below?The unemployment rate in the United States fell from 7.5 percent in 1981 to 6.9 percent in 1986. It cannot, however, be properly concluded from these statistics that the number of unemployed in 1986 was lower than it had been in 1981 because ______  help-wanted advertisements increased between 1981 and 1986  many of the high-paying industrial jobs available in 1981 were replaced by low-wage service jobs in1986, resulting in displacements of hundreds of thousands of workers  in some Midwestern industrial states, the unemployment rate was much higher in 1986 than it had been in 1981  the total available work force, including those with and without employment, increased between 1981 and 1986  the average time that employees stay in any one job dropped during the period 1981 to 1986 Explanation/Reference:Explanation:NEW QUESTION 153Sales promotions can involve selling a product at a relatively low price or selling the product with a free (or seemingly free) unit of the product, as in “buy one, get one free” campaigns. Research shows that immediately following month-long sales promotions, a postpromotion dip may occur, i.e., sales for the following calendar month may be less than sales for the calendar month preceding the sales promotion.To increase sales, Storex, a department store, held month-long sales campaigns to promote four of its products. A sales promotion was considered successful if unit sales of the product were at least 10% higher in each of the 2 calendar months immediately following the promotion than In the month preceding it.Experts have offered explanations for postpromotion dip:* Explanation I: Many consumers stockpile the product at relatively low cost during the sales promotion.* Explanation II: “Buy one, get one free” promotions cause some consumers to undervalue the product, making them less likely to buy it following the sales promotion.* Explanation HI: Many consumers who missed a “buy one, get one free” opportunity may, as a result, develop so-called inaction inertia, i.e., become less likely to buy the product at either the regular or even at a discount price than if the sales promotion had not occurred.Which one of the following is most strongly supported by the sales data, given the other Information provided?  The April sales promotion for Product B was ineffective, unnecessary, or both.  Consumers sought to stockpile Product B immediately following the April sales promotion.  No postpromotion dip in Product B sales resulted from a sales promotion held in the six-month period.  Sales of Product B would have increased in May and June even if there had been no sales promotion.  There had been a largely ineffective sales promotion of Product B in the preceding December. NEW QUESTION 154Unemployment in Winston County has risen only 4% since I took office. Under my predecessor, unemployment rose 14%. Clearly, my economic policies are far more effective.Which of the following must be true in order for this argument to be valid?  Winston County’s population dropped significantly during the current administration.  The national unemployment rate increased by 12% during the previous administration but only 2% during the current administration.  Key socioeconomic variables such as the state of the national economy and the demographics of Winston County is comparable for each administration.  Key policy changes, such as increased job training for the unemployed, were implemented under the current administration.  Tax incentives have been implemented to bring new businesses to Winston County. Explanation/Reference:Explanation:In order for the two administrations to be compared, the socioeconomic variables must be comparable.If Winston County’s economy had relied largely upon a factory that closed down during the previous administration, then the unemployment rate would necessarily rise considerably following that event. The state of the national, state, and local economies and the demographic makeup of Winston County (e.g., no significant increase or decrease in population) need to be nearly identical for the speaker to make a fair comparison and claim that his or her policies are more effective. If Winston County’s population dropped significantly (choice a), it could explain why the unemployment rate dropped as well-but it does not support the speaker’s claim that his or her policies ” are far more effective.” Choice b, which reflects the state of the national economy, also offers an explanation for the change in unemployment rates in Winston County, again contradicting the speaker’s claim that his or her economic policies made the difference. If the speaker had implemented key policy changes (choice d) or tax incentives (choice e), they could have significantly reduced unemployment. However, the unemployment rates still cannot be compared unless other variables are comparable.NEW QUESTION 155Mark Twain’s financial troubles stemmed from a lavish lifestyle and poor investments in such a dubious invention as a “patent baby clamp,” designed to prevent infants from kicking off their blankets, and an extraordinarily complicated and undependable typesetting machine.  poor investments in such a dubious invention as  poor investments in such dubious inventions as  included such poor investments as in the dubious inventions of  such poor investments, as in the invention of  such poor investments in dubious inventions as NEW QUESTION 156June is taller than Kristin.Letty is taller than Maria.Maria is shorter than Nancy.Kristin and Nancy are exactly the same height.If the information above is true, which of the following must also be true?  Letty is taller than Nancy.  Letty is taller than June.  Kristin is shorter than Letty.  June is taller than Maria.  Kristin is shorter than Maria. Explanation/Reference:Explanation:NEW QUESTION 157Bank depositors in the United States are all financially protected against bank failure because the government insures all individuals’ bank deposits. An economist argues that this insurance is partly responsible for the high rate of bank failures, since it removes from depositors any financial incentive to find out whether the bank that holds their money is secure against failure. If depositors were more selective, then banks would need to be secure in order to compete for depositors’ money.Which of the following, if true, most seriously weakens the economist’s argument?  Before the government started to insure depositors against bank failure, there was a lower rate of bank failure than there is now.  When the government did not insure deposits, frequent bank failures occurred as a result of depositors’ fears of losing money in bank failures.  Surveys show that a significant proportion of depositors are aware that their deposits are insured by the government.  There is an upper limit on the amount of an individual’s deposit that the government will insure, but very few individuals’ deposits exceed this limit.  The security of a bank against failure depends on the percentage of its assets that are loaned out and also on how much risk its loans involve. Explanation/Reference:Explanation:NEW QUESTION 158While designing a game involving chance, Desmond noticed that the probability a fair coin lands faceup exactly 2 times when the coin is tossed 3 times is equal to the probability that a fair coin lands faceup exactly m times when the coin is tossed 7 times, where n > 3.Select for m and for n values consistent with the given information. Make only two selections, one in each column. ExplanationNEW QUESTION 159Last month Ann, Bob, Carl, Dave, and Ellen volunteered at a hospital. The number of hours that Carl volunteered was equal to the average (arithmetic mean) number of hours volunteered by the 5 people. If the number of hours that Carl volunteered was also equal to the total number of hours that Ann and Bob volunteered, then the total number of hours that Dave and Ellen volunteered was how many times the number of hours that Carl volunteered?  2  3  4  5  6 NEW QUESTION 160It is known from cave paintings and other evidence that the hunting people occupying the Bax Cave area in Country X tens of thousands of years ago repeatedly set fire to the surrounding area. Archaeologists hypothesize that because the fires caused later plant growth on the land, the hunters set the fires in order to attract herbivorous prey species. Such actions, they claim, are evidence for the mental capacity to delay gratification for weeks, months, or even years.Which of the following would it be most useful to determine in evaluating the archaeologists’ claim?  Whether the Bax Cave area is susceptible to fires caused by lightning strikes  Whether remains can be found of hunting tools from tens of thousands of years ago in or near the Bax Cave  Whether people occupying the Bax Cave tens of thousands of years ago consumed plants adapted to fire ecologies  Whether in the immediate aftermath of fires in the Bax Cave area, animals sought by hunters came to seek prey driven out of dens or other shelters  Whether the mental capacity to delay gratification for weeks, months, or even years was exhibited by contemporaries of the people occupying the Bax Cave tens of thousands of years ago NEW QUESTION 161  -2 x 1  -2 x 4  1 x 2  1 x 4  2 x 4 NEW QUESTION 162A famous painter has recently won a lawsuit against a major food manufacturer for commissioning a graphic designer to design the packaging of its chocolate chip cookies in the painter’s distinctive style. As a result of the lawsuit, manufacturers will stop asking graphic artists to copy distinctive painting styles.Therefore, the cost of package design will rise because employing the services of known artists cost more than those of graphic designer that imitate their style.The conclusion above is based on which of the following assumptions?  Most people are unable to distinguish a famous artist’s illustration from that of a good graphic artist imitating the painter’s style.  Manufacturers will use well-known painting styles in their packaging.  The original version of some well-knows paintings are unavailable for use in packaging.  Manufacturers will continue to use graphic artists to imitate the artistic style of famous painters.  Packaging using a famous painter’s style usually sell better than packaging using the artistry of imitators. Explanation/Reference:Explanation:The best answer is B.If choice E were not assumed, the costs of the services of the famous painters would not be said to affect packaging costs. Since packaging costs are, however, projected to rise because of the relatively high cost of famous painters’ services, choice E is assumed and is the best answer.NEW QUESTION 163Certain messenger molecules fight damage to the lungs from noxious air by telling the muscle cells encircling the lungs’ airways to contract. This partially seals off the lungs. An asthma attack occurs when the messenger molecules are activated unnecessarily, in response to harmless things like pollen or household dust.Which of the following, if true, points to the most serious flaw of a plan to develop a medication that would prevent asthma attacks by blocking receipt of any messages sent by the messenger molecules referred to above?  Researchers do not yet know how the body produces the messenger molecules that trigger asthma attacks.  Researchers do not yet know what makes one person’s messenger molecules more easily activated than another’s.  Such a medication would not become available for several years, because of long lead times in both development and manufacture.  Such a medication would be unable to distinguish between messages triggered by pollen and household dust and messages triggered by noxious air.  Such a medication would be a preventative only and would be unable to alleviate an asthma attack once it had started. Explanation/Reference:Explanation:NEW QUESTION 164Is x2- X positive?  Statement (1) ALONE is sufficient, but statement (2) alone Is not sufficient.  Statement (2) ALONE is sufficient, but statement (1) atone is not sufficient.  BOTH statements TOGETHER ace sufficient, but NEITHER statement ALONE Is sufficient.  EACH statement ALONE is sufficient.  Statements (1) and (2) TOGETHER are NOT sufficient. NEW QUESTION 165Some commentators complain that a “litigation explosion” in the past decade has led to unreasonably high costs for U.S. businesses by encouraging more product liability suits against manufacturers. However, these complaints are based mainly on myth. Statistics show that the number of successful product liability suits has remained almost the same, and the average sum awarded in damages has grown no faster than the inflation rate.Which of the following, if true, would most weaken the argument above?  The number of unsuccessful suits has skyrocketed, imposing huge new legal expenses on businesses.  Several of the largest awards ever made in product liability cases occurred within the last two years.  The rise of the consumer movement has encouraged citizens to seek legal redress for product flaws.  Lawyers often undertake product liability cases on a contingency basis, so their payment is based on the size of the damages awarded.  Juries often award damages in product liability suits out of emotional sympathy for an injured consumer. Explanation/Reference:Explanation:NEW QUESTION 166Politician: Fewer people are entering the labor market now than previously. If the economy grows, the demand for motivated and educated people will far outstrip the supply. Some companies have already started to respond to this labor-market situation by finding better ways to keep their current employees.Their concern is a sure indicator that the economy is growing.Which of the following is the best criticism of the politician’s reasoning?  The fact that companies are making prudent preparations for a possible future development does not mean that this development is already taking place.  The fact that some companies now try harder to keep their employees does not mean that they used to be indifferent to employee morale.  The fact that demand will outstrip supply does not mean that there will be no supply at all.  The fact that the number of new entrants into the labor market is declining does not mean that the number of new entrants is lower than it has ever been.  The fact that current employees have become more valuable to some companies does not mean that those employees will do their jobs better than they used to. Explanation/Reference:Explanation:NEW QUESTION 167Banning cigarette advertisements in the mass media will not reduce the number of young people who smoke. They know that cigarettes exist and they know how to get them. They do not need the advertisements to supply that information.The above argument would be most weakened if which of the following were true?  Seeing or hearing an advertisement for a product tends to increase people’s desire for that product.  Banning cigarette advertisements in the mass media will cause an increase in advertisements in places where cigarettes are sold.  Advertisements in the mass media have been an exceedingly large part of the expenditures of the tobacco companies.  Those who oppose cigarette use have advertised against it in the mass media ever since cigarettes were found to be harmful.  Older people tend to be less influenced by mass-media advertisements than younger people tend to be. Explanation/Reference:Explanation:NEW QUESTION 168  Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.  Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient.  BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.  EACH statement ALONE is sufficient.  Statements (1) and (2) TOGETHER are NOT sufficient. NEW QUESTION 169In Argonia the average rate drivers pay for car accident insurance is regulated to allow insurance companies to make a reasonable profit. Under the regulations, the rate any individual driver pays never depends on the actual distance driven by that driver each year. Therefore, Argonians who drive less than average partially subsidize the insurance of those who drive more than average.The conclusion above would be properly drawn if it were also true that in Argonia  the average accident insurance rate for all drivers rises whenever a substantial number of new drivers buy insurance  the average cost to insurance companies of insuring drivers who drive less than the annual average is less than the average cost of insuring drivers who drive more than the annual average  the lower the age of a driver, the higher the insurance rate paid by that driver  insurance company profits would rise substantially if drivers were classified in terms of the actual number of miles they drive each year  drivers who have caused insurance companies to pay costly claims generally pay insurance rates that are equal to or lower than those paid by other drivers Explanation/Reference:Explanation:NEW QUESTION 170Welleby’s PlanThe water In the underground water table beneath the town of Welleby is moderately saline-20,000millkjrarns of salt per liter of water (mg/L), or roughly half as saline as ocean water. To lower the level of the water table and thus prevent agricultural land from being inundated with salt water, the town plans to pump water from the table at a rate of 450kiloliters per day (kL/day) into a large shallow pond, allowing much of the water to evaporate. The town plans to divert 10percent of the water pumped from the water table to supplement Us supply of drinking water, which Is currently piped In from great distances. Due to the water’s supply, the town intends to construct a desalination plant to treat the diverted water for use as drinking water.Desalination TypesComparisonWelleby is deciding among the following three desalination methods.Reverse Osmosis (RO): Water Is pushed through a membrane, leaving salts behind. RO systems can handle a large range of water flow rates and use relatively little energy. However, RO membranes are expensive and must be replaced every 2 to 5 years. There is also a possibility that bacteria can grow on the membrane.Introducing tastes and odors Into the desalinated water.Multi-Effect Distillation (MED): Saline water Is heated to produce water vapor, from which Is condensed potable fresh water. This process requires large amounts of energy, regardless of the salinity of the source water. It becomes more cost effective as water volumes increase.Electrodialysis (ED): Electricity is used to selectively move salts through a membrane. Consumption of energy Is directly proportional to the salinity of the water to be treated, so with higher salinities the process rapidly becomes more costly than other methods. ED membranes need to be replaced every 7 to 10years. ExplanationNEW QUESTION 171Some analysts maintain that an embargo by country Litora on the export of a strategic metal to country Zenda, if imposed, would drive up the price of the metal in Zenda at least tenfold. They note that few other countries export the metal and that, with an embargo, Zenda might have to depend on as-yet-unexploited domestic sources of the metal.Which of the following, if true, constitutes the most serious objection to the analysis above?  Litora’s economy depends heavily on foreign currency earned by the export of the strategic metal to other countries.  There are foreign-policy steps that Zenda could take to appease Litora and avoid being subjected to an embargo on the metal.  Geologists believe that additional deposits of the metal could possibly be found within the territory of Litora.  Only a small proportion of Zenda’s import expenditures is devoted to the import of the metal from Litora.  In case of an embargo, Zenda could buy the metal indirectly from Litora on the world market at a less than one-third increase in cost. Explanation/Reference:Explanation:NEW QUESTION 172As an experienced labor organizer and the former head of one of the nation’s most powerful labor unions, Grayson is an excellent choice to chair the new council on business-labor relations.Which of the following, if true, would most strengthen the conclusion above?  The new council must have the support of the nation’s labor leaders if it is to succeed.  During his years as a labor leader, Grayson established a record of good relations with business leaders.  The chair of the new council must be a person who can communicate directly with the leaders of the nation’s largest labor unions.  Most of the other members of the new council will be representatives of business management interests.  An understanding of the needs and problems of labor is the only qualification necessary for the job of chairing the new council. Explanation/Reference:Explanation:NEW QUESTION 173A certain small company has a policy that every manager must be scheduled to be present at the company’s office at any time during which all of the manager’s supervisees are scheduled to be present at the office. The shifts of the three supervisees of a certain manager, in 24-hour format, are as follows:* Employee 1-Scheduled to be present from 11:30 through 16:00 every business day* Employee 2-Scheduled to be present from 9:00 through 14:30 every business day* Employee 3-Scheduled to be present from 10:30 through 13:30 every business day Indicate below the earliest time and the latest time at which, based on the information provided, the manager must be scheduled to be present at the office on every business day. Make only two selections, one in each column. ExplanationNEW QUESTION 174We have heard a good deal in recent years about the declining importance of the two major political parties. It is the mass media, we are told, that decide the outcome of elections, not the power of the parties. But it is worth noting that no independent or third-party candidate has won any important election in recent years, and in the last nationwide campaign, the two major parties raised and spent more money than ever before in support of their candidates and platforms. It seems clear that reports of the imminent demise of the two-party system are premature at best.Which of the following is an assumption made in the argument above?  The amount of money raised and spent by a political party is one valid criterion for judging the influence of the party.  A significant increase in the number of third-party candidates would be evidence of a decline in the importance of the two major parties.  The two-party system has contributed significantly to the stability of the American political structure.  The mass media tend to favor an independent or third-party candidate over a candidate from one of the two major parties.  The mass media are relatively unimportant in deciding the outcome of most elections. Explanation/Reference:Explanation: Loading … GMAT Exam Dumps - Free Demo & 365 Day Updates: https://www.validexam.com/GMAT-latest-dumps.html --------------------------------------------------- Images: https://premium.validexam.com/wp-content/plugins/watu/loading.gif https://premium.validexam.com/wp-content/plugins/watu/loading.gif --------------------------------------------------- --------------------------------------------------- Post date: 2023-05-03 09:47:04 Post date GMT: 2023-05-03 09:47:04 Post modified date: 2023-05-03 09:47:04 Post modified date GMT: 2023-05-03 09:47:04