You guys are confusing totally different things.
Resolution is number of pixels xxxx horizontally x yyy vertically
Refresh rate is the number of times per second that each pixel is rewritten.
The two have no interdependent relationship, and monitors, while they do
have a "native" resolution, do not have a native refresh rate.
For a progressive scan system (which computers are) there is very little
reason to go above 60 Hz refresh rate. The usual reason for higher
refresh rates are to reduce flicker, but that only applies to CRTs. In
a CRT, at any given instant, only one point on the screen is "lit", that
point "scans" the screen, you perceive seeing the entire screen due to
both the persistance of the screen phosphor and your eye's persistance
of vision. But in a LCD panel, each pixel is "latched" and is
continuously lit, thus there will never be "flicker", at any refresh
rate, no matter how low. And there's not much reason to raise it above
60 Hz, either.