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GMAT Verbal Reasoning Practice Test 7
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Question : 33
Total: 100
Lucia: A society whose economy centers around high-quality exports rather than consumption thereby neglects the principal goal that economists consider rational: the greatest possible growth of consumer well-being.
Zuzana: Maybe so, but because consumers in other societies thus have more high-quality goods available to them, consumer well-being will increase overall in those societies.
Zuzana’s response to Lucia requires which of the following assumptions?
Importing high-quality goods does not negatively impact the well-being of any workers who make domestic goods that compete with the imported goods
At least some of the exports to which Lucia is referring are intended for consumers
It generally makes rational sense for a society’s economy to center around high-quality exports rather than consumption
The quality of goods available to consumers is more important to their well-being than the amount they actually purchase
The greatest contributor to the well-being of an
individual consumer is the availability of high-quality goods
Validate
Solution:
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