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In two months, the legal minimum wage in the country of

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In two months, the legal minimum wage in the country of [#permalink] New post 10 Jun 2008, 03:06
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A
B
C
D
E

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In two months, the legal minimum wage in the country of Kirlandia will increase from five Kirlandic dollars(KD5.00) Per hour to KD5.50 per hour. Opponents of this increase have argued that the resulting rise in wages will drive the inflation rate up. In fact its impact on wages will probably be negligible, since only a very small proportion of all Kirfandic workers are currently receiving less than KD5.50 per hour.
Which of the following, if true, most seriously weakens the argument?
A. Most people in kirlandia who are currently earning the minimum wage havebeen employed at their current jobs for less than a year.
B. Some firms in Kirlandia have paid workers considerably less than KD5.00 per hour, in violation of kirlandic employment regulations.
C. Many businesses hire trainees at or near the minimum wage but must reward trained workers by keeping their paylevels above the pay level of trainees.
D. The greatest growth in Kirlandia¡¯s economy in recent years has been in those sectors where workers earn wages that tend to be much higher than the minimum wage.
E The current minimum wage is insufficient for a worker holding only one jobto earn enough to support a family ,even when working full time at that job


can u guys explain this question to me . the more i look at it the more i am confused
thanks for u r help
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Re: CR Question [#permalink] New post 10 Jun 2008, 03:35
vdhawan1 wrote:
In two months, the legal minimum wage in the country of Kirlandia will increase from five Kirlandic dollars(KD5.00) Per hour to KD5.50 per hour. Opponents of this increase have argued that the resulting rise in wages will drive the inflation rate up. In fact its impact on wages will probably be negligible, since only a very small proportion of all Kirfandic workers are currently receiving less than KD5.50 per hour.
Which of the following, if true, most seriously weakens the argument?
A. Most people in kirlandia who are currently earning the minimum wage havebeen employed at their current jobs for less than a year.
B. Some firms in Kirlandia have paid workers considerably less than KD5.00 per hour, in violation of kirlandic employment regulations.
C. Many businesses hire trainees at or near the minimum wage but must reward trained workers by keeping their paylevels above the pay level of trainees.
D. The greatest growth in Kirlandia¡¯s economy in recent years has been in those sectors where workers earn wages that tend to be much higher than the minimum wage.
E The current minimum wage is insufficient for a worker holding only one jobto earn enough to support a family ,even when working full time at that job


can u guys explain this question to me . the more i look at it the more i am confused
thanks for u r help


Is the answer C? Will explain more if I am right!!
Senior Manager
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Posts: 283
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Re: CR Question [#permalink] New post 10 Jun 2008, 03:55
spider wrote:
vdhawan1 wrote:
In two months, the legal minimum wage in the country of Kirlandia will increase from five Kirlandic dollars(KD5.00) Per hour to KD5.50 per hour. Opponents of this increase have argued that the resulting rise in wages will drive the inflation rate up. In fact its impact on wages will probably be negligible, since only a very small proportion of all Kirfandic workers are currently receiving less than KD5.50 per hour.
Which of the following, if true, most seriously weakens the argument?
A. Most people in kirlandia who are currently earning the minimum wage havebeen employed at their current jobs for less than a year.
B. Some firms in Kirlandia have paid workers considerably less than KD5.00 per hour, in violation of kirlandic employment regulations.
C. Many businesses hire trainees at or near the minimum wage but must reward trained workers by keeping their paylevels above the pay level of trainees.
D. The greatest growth in Kirlandia¡¯s economy in recent years has been in those sectors where workers earn wages that tend to be much higher than the minimum wage.
E The current minimum wage is insufficient for a worker holding only one jobto earn enough to support a family ,even when working full time at that job


can u guys explain this question to me . the more i look at it the more i am confused
thanks for u r help


Is the answer C? Will explain more if I am right!!



yup u r correct
can u explain u r thought process
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Re: CR Question [#permalink] New post 10 Jun 2008, 05:32
vdhawan1 wrote:
spider wrote:
vdhawan1 wrote:
In two months, the legal minimum wage in the country of Kirlandia will increase from five Kirlandic dollars(KD5.00) Per hour to KD5.50 per hour. Opponents of this increase have argued that the resulting rise in wages will drive the inflation rate up. In fact its impact on wages will probably be negligible, since only a very small proportion of all Kirfandic workers are currently receiving less than KD5.50 per hour.
Which of the following, if true, most seriously weakens the argument?
A. Most people in kirlandia who are currently earning the minimum wage havebeen employed at their current jobs for less than a year.
B. Some firms in Kirlandia have paid workers considerably less than KD5.00 per hour, in violation of kirlandic employment regulations.
C. Many businesses hire trainees at or near the minimum wage but must reward trained workers by keeping their paylevels above the pay level of trainees.
D. The greatest growth in Kirlandia¡¯s economy in recent years has been in those sectors where workers earn wages that tend to be much higher than the minimum wage.
E The current minimum wage is insufficient for a worker holding only one jobto earn enough to support a family ,even when working full time at that job


can u guys explain this question to me . the more i look at it the more i am confused
thanks for u r help


Is the answer C? Will explain more if I am right!!



yup u r correct
can u explain u r thought process



IMHO, its C because once the higher wage structure starts, the salary of trainees will be higher (minimum wage atleast), and senior workers salary should also be raised in appropriate proportion. which weakens >its impact on wages will probably be negligible<
Re: CR Question   [#permalink] 10 Jun 2008, 05:32
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