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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
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by maihuna » Sat Mar 05, 2011 2:32 am
A it is.
Charged up again to beat the beast :)
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by cyrwr1 » Sat Mar 05, 2011 8:41 pm
A Again.
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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. :)
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by AIM GMAT » Sun Mar 06, 2011 1:53 am
IMO A .

high wage || high industrial o/p => desired for country's economy
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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. :)
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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
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by pradeepkaushal9518 » Mon Mar 07, 2011 6:03 am
ya i think it was very easy

oa is A
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