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Over the past twenty-five years the introduction of labor- [#permalink]
03 Sep 2004, 00:15
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9. Over the past twenty-five years the introduction of labor- saving technologies has greatly reduced the average amount of time a worker needs to produce a given output, potentially both reducing the number of hours each worker works each week and increasing workers' leisure time correspondingly. The average amount of leisure time per worker, however, has increased at only half the rate at which the average hourly output per worker has grown.
If the statements above are true, which one of the following is most strongly supported by them?
(A) Workers on average spend more money on leisure activities today than they did twenty-five years ago.
(B) Labor-saving technologies have created fewer jobs than they have eliminated.
(C) The percentage of the population that is in the work force has grown over the past twenty-five years.
(D) The average hourly output per worker has not risen as much as had been anticipated when modem labor-saving technologies were first introduced.
(E) Twenty-five years ago the average weekly output per worker was less than it is today.
E is open to doubts. We cannot for sure say that the average weekly output per worker was less 25 years ago than it is today. The passage talks about the average amount of time a worker needs to produce a given output. May be now the worker worked few hours even with technological sophistication and produce output which is less than it was 25 years ago.
Check out this awesome article about Anderson on Poets Quants, http://poetsandquants.com/2015/01/02/uclas-anderson-school-morphs-into-a-friendly-tech-hub/ . Anderson is a great place! Sorry for the lack of updates recently. I...