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Old 2009 October 20th, 08:10 AM   #1 (permalink)
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GDP

In 1980, Country A had a per capita gross domestic product (GDP) that was $5,000 higher than that of the European Economic Community. By 1990, the difference, when adjusted for inflation, had increased to $6,000. Since a rising per capita GDP indicates a rising average standard of living, the average standard of living in Country A must have risen between 1980 and 1990.

Which one of the following is an assumption on which the argument depends?

(A) Between 1980 and 1990, Country A and the European Economic Community experienced the same percentage increase in population.

(B) Between 1980 and 1990 the average standard of living in the European Economic Community fell.

(C) Some member countries of the European Economic Community had, during the 1980s, a higher average standard of living than Country A.

(D) The per capita GDP of the European Economic Community was not lower by more than $1,000 in 1990 than it had been in 1980.

(E) In 1990, no member country of the European Economic Community had a per capita GDP higher than that of Country A
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Old 2009 October 20th, 09:03 AM   #2 (permalink)
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D for me ..
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Old 2009 October 21st, 04:56 AM   #3 (permalink)
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IMO E is the answer

Please post the OA
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Old 2009 October 21st, 05:43 AM   #4 (permalink)
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D for me..
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Old 2009 October 31st, 09:57 AM   #5 (permalink)
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OA is D.

If the GDP of EEC decreased by $1000, then the difference between the two countries would satisfy $6000 requirement, however the standard of living overall in Country A actually decreased since the GDP in EEC didnt stay the same, it decreased.
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Old 2009 November 1st, 04:02 AM   #6 (permalink)
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IMO D
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Old 2009 November 2nd, 05:31 AM   #7 (permalink)
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IMO answer is D
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