cr-hw-10

Expert replies

pradeepkaushal9518: Legendary Member; Posts: 1309; Joined: Wed Mar 17, 2010 11:41 pmFollowed by: 5 members; Thanked: 33 times

by pradeepkaushal9518 » Sat Mar 05, 2011 2:29 am

Neither rising industrial output nor a high national minimum wage, by itself, establishes a country's economic well-being. Both are required simultaneously since industrial output can rise as a result of a low minimum wage and a high minimum wage prompts many industries to relocate to countries where the minimum wage is lower, thus decreasing a country's industrial output.

If the facts stated in the passage above are true, a proper test of a country's economic well-being is its ability to______.

A maintain a high minimum wage while its industrial output rises
B maintain a high minimum wage while its industrial output falls
C increase minimum wage while its industrial output remains constant
D keep the industrial output constant while its minimum wage falls
E maintain a low minimum wage while its industrial output rises

A SMALL TOWN GUY

Source: Beat The GMAT — Critical Reasoning | Sat Mar 05, 2011 2:29 am

maihuna: Legendary Member; Posts: 1578; Joined: Sun Dec 28, 2008 1:49 amFollowed by: 9 members; Thanked: 82 times; GMAT Score:720

by maihuna » Sat Mar 05, 2011 2:32 am

A it is.

Charged up again to beat the beast

cyrwr1: Master | Next Rank: 500 Posts; Posts: 218; Joined: Sat Jul 24, 2010 2:43 pm; Thanked: 5 times

by cyrwr1 » Sat Mar 05, 2011 8:41 pm

A Again.

vineeshp: Legendary Member; Posts: 965; Joined: Thu Jan 28, 2010 12:52 amFollowed by: 34 members; Thanked: 156 times; GMAT Score:720

by vineeshp » Sat Mar 05, 2011 10:54 pm

Pretty straightforward.

Both are required simultaneously takes us straight to the answer A.

Vineesh,
Just telling you what I know and think. I am not the expert.

AIM GMAT: Legendary Member; Posts: 857; Joined: Wed Aug 25, 2010 1:36 amFollowed by: 15 members; Thanked: 56 times

by AIM GMAT » Sun Mar 06, 2011 1:53 am

IMO A .

high wage || high industrial o/p => desired for country's economy

Thanks & Regards,
AIM GMAT

bubbliiiiiiii: Legendary Member; Posts: 979; Joined: Tue Apr 14, 2009 1:38 amFollowed by: 12 members; Location: Hyderabad, India; Thanked: 49 times; GMAT Score:700

by bubbliiiiiiii » Mon Mar 07, 2011 12:35 am

IMO A.

I have seen a similar question in OG but never answered it correctly there!

And here within my first paas through the choices I concluded A to be the answer.

Regards,

Pranay

ankur.agrawal: Master | Next Rank: 500 Posts; Posts: 261; Joined: Wed Mar 31, 2010 8:37 pmFollowed by: 3 members; Location: Varanasi; Thanked: 11 times

by ankur.agrawal » Mon Mar 07, 2011 5:27 am

I beg to differ:

The statement says that:

high minimum wage prompts many industries to relocate to countries where the minimum wage is lower, thus decreasing a country's industrial output

& mentions that

If the facts stated in the passage above are true

:

then How can A be true i.e how can a country maintain a high minimum wage & also simultaneously keep its industrial output rising ( as the industries will relocate to other countries.)

Pls explain.

pradeepkaushal9518 wrote:Neither rising industrial output nor a high national minimum wage, by itself, establishes a country's economic well-being. Both are required simultaneously since industrial output can rise as a result of a low minimum wage and a high minimum wage prompts many industries to relocate to countries where the minimum wage is lower, thus decreasing a country's industrial output.

If the facts stated in the passage above are true, a proper test of a country's economic well-being is its ability to______.

A maintain a high minimum wage while its industrial output rises
B maintain a high minimum wage while its industrial output falls
C increase minimum wage while its industrial output remains constant
D keep the industrial output constant while its minimum wage falls
E maintain a low minimum wage while its industrial output rises

pradeepkaushal9518: Legendary Member; Posts: 1309; Joined: Wed Mar 17, 2010 11:41 pmFollowed by: 5 members; Thanked: 33 times

by pradeepkaushal9518 » Mon Mar 07, 2011 6:03 am

ya i think it was very easy

oa is A

A SMALL TOWN GUY

GMAT Course Reviews

563 reviews

1168 reviews

431 reviews

359 reviews

147 reviews

5/5

5 Star (563 Reviews)

"Target Test Prep is the closest to the official version of the GMAT exam, about 99% accuracy in terms of the quality and quantity of information. The course has excellently created singular sets of focused lessons and tests for every possible topic that one could come across in the official GMAT exam."

"The TTP course maximizes the efficiency of the time you spend studying. It will take time and effort but I could almost guarantee that if you complete the course exactly as it is laid out you will get an amazing score. They also have a very responsive team willing to help with any questions you might have."

"TTP has two things that I think no other test prep company offers: A teaching approach that reinforces understanding and an attitude that will give you the mental preparedness needed to succeed on the test. TTP gives you a deep understanding of the concept you need to know while teaching you how to think."

Write a Review