-
harsh.champ
- Legendary Member
- Posts: 1132
- Joined: Mon Jul 20, 2009 3:38 am
- Location: India
- Thanked: 64 times
- Followed by:6 members
- GMAT Score:760
It is a myth that U.S. workers are pricing themselves out of the market. The wages of U.S. manufacturing workers increased at a slower rate in the 1970's than those of workers in other major countries. Between 1970 and 1980, pay increased 489% in Japan and 464% in Germany, compared to 128% in the United States. Even though these countries experienced faster productivity growth, their unit labor costs still rose faster than in the United States. During the 1970's, unit labor costs rose 192% in Japan, 252% in Germany, and only 78% in the United States.
According to the above passage:
A. unit labor costs in the 1970's were higher in Japan than they were in Germany or the United States
B. the wages of U.S. workers need to be increased to be consistent with other countries.
C. U.S. workers are more productive than Japanese or German workers
D. the wages of U.S. workers in manufacturing increased at a slower rate in the 1970's than the wages of workers in Japan
or Germany
E. Workers in Japan and Germany work harder than workers in the U.S., and their wages have increased accordingly.
According to the above passage:
A. unit labor costs in the 1970's were higher in Japan than they were in Germany or the United States
B. the wages of U.S. workers need to be increased to be consistent with other countries.
C. U.S. workers are more productive than Japanese or German workers
D. the wages of U.S. workers in manufacturing increased at a slower rate in the 1970's than the wages of workers in Japan
or Germany
E. Workers in Japan and Germany work harder than workers in the U.S., and their wages have increased accordingly.
