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In Kravonia, the average salary for jobs requiring a college

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In Kravonia, the average salary for jobs requiring a college [#permalink] New post 08 Feb 2006, 18:10
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In Kravonia, the average salary for jobs requiring a college degree has always been higher than the average salary for jobs that do not require a degree. Current enrollments in Kravonia’s colleges indicate that over the next four years the percentage of the Kravonian workforce with college degrees will increase dramatically. Therefore, the average salary for all workers in Kravonia is likely to increase over the next four years.

Which of the following is an assumption on which the argument depends?

A. Kravonians with more than one college degree earn more, on average, than do Kravonians with only one college degree.

B. The percentage of Kravonians who attend college in order to earn higher salaries is higher now than it was several years ago.

C. The higher average salary for jobs requiring a college degree is not due largely to a scarcity among the Kravonian workforce of people with a college degree.

D. The average salary in Kravonia for jobs that do not require a college degree will not increase over the next four years.

E. Few members of the Kravonian workforce earned their degrees in other countries.
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 [#permalink] New post 08 Feb 2006, 18:28
C.

If the current higher average salary for college degree holders is due to a scarcity of such people, then when there is no longer such a scarcity, the average salary will surely fall.
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 [#permalink] New post 08 Feb 2006, 20:06
I agree with celia...C.
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 [#permalink] New post 08 Feb 2006, 20:27
Why Not B ??? :roll:
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 [#permalink] New post 08 Feb 2006, 20:34
buzzgaurav wrote:
Why Not B ??? :roll:
it has no bearing on the future average.
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 [#permalink] New post 08 Feb 2006, 21:26
celiaXDN wrote:
C.

If the current higher average salary for college degree holders is due to a scarcity of such people, then when there is no longer such a scarcity, the average salary will surely fall.


Agree with it. It has to be C. Nice explanation.
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 [#permalink] New post 08 Feb 2006, 22:03
C. More graduates -> Same number of jobs -> Salarys may decrease.
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 [#permalink] New post 08 Feb 2006, 23:17
agree with C.
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 [#permalink] New post 09 Feb 2006, 01:04
straight C))
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Jobs and salaries [#permalink] New post 09 Feb 2006, 02:43
C as negating it would give you
scarcity of graduates is the reason for higher salaries. More gradutes entering work force will reduce the salary.
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 [#permalink] New post 09 Feb 2006, 07:48
Clearly C.
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 [#permalink] New post 09 Feb 2006, 11:00
C no doubt
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 [#permalink] New post 09 Feb 2006, 14:29
:) another C
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 [#permalink] New post 09 Feb 2006, 16:49
Conclusion: Avg salary is likely to increase in the next 4 rys

Negate the assumption C: Higher avg salary is currently due to scarcity of workers with degree. The conclusion is not true anymore!

Hence C
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 [#permalink] New post 09 Feb 2006, 20:22
Clearly (C). One of the main reasons why many of are also choosing to pursue an MBA. Supply and demand....
  [#permalink] 09 Feb 2006, 20:22
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