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GMAT Table Analysis Practice Test
Please take a moment to complete this quiz.
Question Set 1a


Note: Click on the Table Columns to Sort (if necessary)

National Account 

 2010201120122013
GDP -3.5 2.9 3.3 3.7
Private Consumption -0.2 2.9 1.2 1.2
Fixed Investments -7.7 15.6 16.7 14.3
Public Consumption -3.2 -3.1 -2.8 -0.1
Exports 1.1 6.2 0.5 1.1
Imports 3.9 7.6 -2.3 -1.4
Output Gap -7.6 -5.3 -4.2 -2.3

Labor Market 

 2010201120122013
Unemployment 8.0 9.0 9.2 9.4

Price and Wages 

 2010201120122013
CPI (year-average) 5.4 2.5 1.6 1.2
Wages 4.8 3.8 4.2 4.4

External Balances 

 2010201120122013
Trade Balance 7.8 11.2 9.2 11.1
Current Account -7.9 -1.1 -2.5 -0.1

The unemployment in Iceland has generally decreased over the years.




 

GMAT Test Information

The Graduate Management Admission Test (GMAT) is a standardized admission test used primarily by business schools as a factor in the admissions process for MBA programs.  Many business schools use GMAT scores as an admission criteria for various graduate management programs, including: MBA, Master of Finance, and Master of Accountancy.  Although many programs now accept a GRE score, the GMAT continues to be the prevalent standardized admissions test used by top business schools.

The current format of the GMAT contains four separately administered sections:

Analytical Writing - 30 minute time limit.

Integrated Reasoning - Contains 12 questions with a 30 minute time limit.

Quantitative - Contains 37 questions with a 75 minute time limit.

Verbal - Contains 41 questions with a 75 minute time limit.

GMAT scores range from 200 to 800.  Scores are given in 10 point increments with recent average scores of 540.  Most business schools place increasing emphasis on the combined verbal and quantitative score because this score gets reported in their class profiles of the students that were admitted into their business programs.

Sources:

Some questions are from the following sources:

Erik Jacobsen at www.erikthered.com/tutor

CK-12 Foundation - www.ck12.org
BEHS Sat Prep - https://behssatprep.wikispaces.com/
PWN the SAT - http://blog.pwnthesat.com/

 
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