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
cr-hw-10
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- pradeepkaushal9518
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- bubbliiiiiiii
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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.
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
Pranay
- ankur.agrawal
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I beg to differ:
The statement says that:
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.
The statement says that:
& mentions thathigh 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
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
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