GMAT Question of the Day: Critical Reasoning

nirmal
#1. July 26th, 2006, at 8:48 AM.

D

vishal
#2. July 26th, 2006, at 3:39 PM.

D

V Pat
#3. July 26th, 2006, at 6:51 PM.

D) Decreasing oil consumption through conservation

Rao
#4. July 26th, 2006, at 9:51 PM.

D.. i read both A & D twice before selecting

Valmik Desai
#5. July 27th, 2006, at 9:16 AM.

D) Decreasing oil consumption through conservation

G-Matter
#6. July 27th, 2006, at 9:34 AM.

If the statement about oil-supply disruption is true, domestic oil prices in an open-market country will rise when an oil-supply disruption causes increased international oil prices. A reduction in the amount of oil an open-market country consumes could reduce the economic impact of these increases. D gives a way to reduce oil consumption and is thus the best answer. A and E describe policies that could actually increase the long-term impact of increases in international oil prices, so neither of these choices is appropriate. No relationship is established between the economic impact and either the number of oil tankers or diplomatic relations in B and C, so neither of these choices is appropriate.

srini
#8. July 28th, 2006, at 9:05 PM.

my pick – c reduce usage of oil

prakash
#10. March 27th, 2007, at 9:36 AM.

D

AP
#11. April 11th, 2007, at 9:06 AM.

D

Rajib Banerjee
#12. March 10th, 2008, at 9:18 PM.

How about B ? Increasing the number of oil tankers in its fleet. This way it can buy a large amount of oil and store it to keep the price low when the actual price increses in the market.

nitin
#13. March 11th, 2008, at 4:36 PM.

B cannot be right as increasing the number of oil tankers will only help in the short-run……….the questions specifically wants to seek out the solution that is most likely to reduce the LONG-TERM economic impact of rising oil prices.

D is correct

reetu
#14. March 17th, 2008, at 11:35 AM.

D

Vamsi
#15. August 29th, 2008, at 8:32 AM.

D

Joy
#16. August 29th, 2008, at 6:19 PM.

I will go for D.

Deepak
#17. August 29th, 2008, at 9:48 PM.

D

Charles Robert
#18. August 29th, 2008, at 10:19 PM.

Isn’t this supposed to be difficult, or at least standardized?! Paw!!!
‘D’, obviously.

The Don
#19. August 29th, 2008, at 10:58 PM.

I question the scope of this question…

D is an obvious answer,

but it takes ALOT of assumptions and ‘common’ knowledge to get to it. For instance, we ASSUME reducing consumption will reduce the price in the local market…however, this is NOT necessrily true from an economics standpoint. Just because demand in one region goes down does not necessarily follow that price will fall because demand could rise in other regions or for other reasons outside of ‘conservation’.

It’s a stretch to get to D, but it’s only obvious because the other answers are pretty ridiculous and require an even FURTHER stretch.

jaspreet
#20. August 30th, 2008, at 3:10 AM.

D

kapil
#21. August 30th, 2008, at 9:14 AM.

D

SUMIT
#22. August 30th, 2008, at 1:29 PM.

my ans is “d”

shakya
#23. September 1st, 2008, at 7:09 PM.

d

nahar
#24. September 3rd, 2008, at 4:26 PM.

D without doubt

nagarjuna
#25. September 3rd, 2008, at 10:25 PM.

The answer is D

rpmane
#26. September 4th, 2008, at 5:40 PM.

D

nothimpossible
#27. September 6th, 2008, at 2:16 AM.

D

utkarsh
#28. September 12th, 2008, at 3:07 PM.

D

Kuldeep Sharma
#29. November 12th, 2008, at 12:17 AM.

d

snanduri
#30. February 3rd, 2010, at 5:22 PM.

D

adutta24
#31. February 4th, 2010, at 3:52 AM.

D

Samir
#32. February 5th, 2010, at 1:13 AM.

I think its A. It is clearly mentioned in the paragraph that, oil prices in open-market countries will rise, whether such countries import all or none of their oil. Which can be looked at in a way to assume that even when the oil consumption is in control and the country has no reason to import or minimize its import, still the oil price will rise in response to international price disturbance. This reduces the argument in favor of D being the answer. Ans A provides for a way to skip the international turbulence in oil prices through maintaining an yearly import stock and seems most probable.

success
#33. February 5th, 2010, at 10:34 PM.

D