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______.
*maintain a high minimum wage while its industrial output rises
*maintain a high minimum wage while its industrial output falls
*increase minimum wage while its industrial output remains constant
*keep the industrial output constant while its minimum wage falls
*maintain a low minimum wage while its industrial output rises
Two great challenges: 1. Guts to Fail and 2. Fear to Succeed