cr-hw-10

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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

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