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Re: QOTD # 1 During an economic depression, it is common [#permalink]
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This Reading Comprehension question is really a Logic question. Such questions typically consist of a single paragraph with one question. First, analyze the argument: During a depression, it is normal for food prices to increase at the same time that incomes decrease. Logically, this would make it more difficult for people to afford the same food that they used to purchase prior to the depression. A study showed a surprising result, however: when the cost of bread went up during a depression, the poorest people actually bought more bread. Note that the argument doesn’t say merely that more money is spent on bread; that would be expected if the price increased. The argument says that the actual amount of bread purchased increased. The correct answer will explain why people would buy more bread even though the cost has gone up and incomes have declined. While choice (A) is likely true in the real world, it does not explain why people buy more bread when the cost of bread has increased and incomes have declined. Choice (B) is an example of faulty logic. It is true that the cost increase is a higher percentage than the consumption increase, but this does not mean that people are consuming less bread and therefore need to eat other things to compensate. In fact, the opposite is true: the argument explicitly states that people are buying more bread than they were! Choice (C) is tempting because it talks about people spending a “larger” proportion of income on food— but “proportion” is a value relative only to the person’s income level. It does not indicate that the person is spending more money on a particular thing. More importantly, though, this choice does not answer the question asked. Correct choice (D), in contrast, provides a reason why an increase in the cost of one food item might cause people to consume more of that item despite a loss of income: other food items are even more expensive and are, thus, much less affordable. The people still need some amount of food to survive, so they purchase more of the food item that does not cost as much money. This accounts for the researchers’ findings. Even if choice (E) were true (and this would be difficult if incomes are decreasing), it would not explain why people buy more bread at a time when the bread costs more and incomes are declining.
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Re: QOTD # 1 During an economic depression, it is common [#permalink]
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is D the correct answer?
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Re: QOTD # 1 During an economic depression, it is common [#permalink]
Correct answer: D
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Re: QOTD # 1 During an economic depression, it is common [#permalink]
explanation Please
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Re: QOTD # 1 During an economic depression, it is common [#permalink]
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Ranjan wrote:
explanation Please

Economic depression -> so less income.
Cost of bread increased, but low socioeconomic class increased bread consumption
To resolve this situation: some expenditure should decrease and expense on bread increase;
Option D: money spent on costly food went down and money spent on bread (wheat grains) went up.
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Re: QOTD # 1 During an economic depression, it is common [#permalink]
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(A) Does not explain researcher's findings

(B) Does not explain researcher's findings

(C) When incomes decrease, people are typically forced to spend a larger proportion of their income on basic needs, such as food and housing; too broad: one can conceive that a price of meat could increase and demand for them too, but not necessarily bread.

(D) People who suddenly cannot afford more expensive foods, such as meat, must compensate by consuming more inexpensive foods, such as grains. this is more specific than the option C , thus, this is the correct answer

(E) During a depression, people in the lowest socioeconomic class will continue to spend the same amount of money on food as they did before the depression began. One does not know how they spend - on bread or other good.
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Re: QOTD # 1 During an economic depression, it is common [#permalink]
If anyone has the GMAT as a point of reference, this would be really helpful to gain insight on - how similar, would you say, these question types are to the GMAT's Verbal Critical Reasoning questions?
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Re: QOTD # 1 During an economic depression, it is common [#permalink]
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The CR in both exams is identical.

They test the same concepts, they have the same architecture to write and test your critical thinking.

Hope now is more clear
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Re: QOTD # 1 During an economic depression, it is common [#permalink]
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Re: QOTD # 1 During an economic depression, it is common [#permalink]
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