Find all School-related info fast with the new School-Specific MBA Forum

It is currently 17 Sep 2014, 00:00

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

Teenagers are often priced out of the labor market by the

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:
Senior Manager
Senior Manager
User avatar
Joined: 04 Nov 2006
Posts: 267
Location: California
Followers: 1

Kudos [?]: 20 [0], given: 0

GMAT Tests User
Teenagers are often priced out of the labor market by the [#permalink] New post 15 Dec 2006, 11:41
00:00
A
B
C
D
E

Difficulty:

(N/A)

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 0 sessions
Teenagers are often priced out of the labor market by the government-mandated minimum-wage level because employers cannot afford to pay that much for extra help. Therefore, if Congress institutes a subminimum wage, a new lower legal wage for teenagers, the teenage unemployment rate, which has been rising since 1960, will no longer increase.

Which of the following, if true, would most weaken the argument above?

(A) Since 1960 the teenage unemployment rate has risen when the minimum wage has risen.
(B) Since 1960 the teenage unemployment rate has risen even when the minimum wage remained constant.
(C) Employers often hire extra help during holiday and warm weather seasons.
(D) The teenage unemployment rate rose more quickly in the 1970’s than it did in the 1960’s.
(E) The teenage unemployment rate has occasionally declined in the years since 1960.
Director
Director
avatar
Joined: 28 Dec 2005
Posts: 922
Followers: 2

Kudos [?]: 37 [0], given: 0

GMAT Tests User
Re: CR_Teenagers are often priced out........... [#permalink] New post 15 Dec 2006, 11:45
I would go for B. The author connects the teenage unemployment problem to the minimum wage increase. B establishes that even when the wage remained constant, unemployment increased.


mm007 wrote:
Teenagers are often priced out of the labor market by the government-mandated minimum-wage level because employers cannot afford to pay that much for extra help. Therefore, if Congress institutes a subminimum wage, a new lower legal wage for teenagers, the teenage unemployment rate, which has been rising since 1960, will no longer increase.

Which of the following, if true, would most weaken the argument above?

(A) Since 1960 the teenage unemployment rate has risen when the minimum wage has risen.
(B) Since 1960 the teenage unemployment rate has risen even when the minimum wage remained constant.
(C) Employers often hire extra help during holiday and warm weather seasons.
(D) The teenage unemployment rate rose more quickly in the 1970’s than it did in the 1960’s.
(E) The teenage unemployment rate has occasionally declined in the years since 1960.
Senior Manager
Senior Manager
avatar
Joined: 08 Jun 2006
Posts: 343
Location: Washington DC
Followers: 1

Kudos [?]: 14 [0], given: 0

GMAT Tests User
 [#permalink] New post 15 Dec 2006, 12:44
B too ..for the same reason..
Director
Director
avatar
Joined: 24 Aug 2006
Posts: 754
Location: Dallas, Texas
Followers: 5

Kudos [?]: 27 [0], given: 0

GMAT Tests User
 [#permalink] New post 16 Dec 2006, 15:48
I'm not sure how B can be the best answer; however, rest are definitely not even close. In B, it is suggested that teenage employment decreased when minimum wage is constant. Now, if the minimum wage is already unaffordable or unreasonaly high then that strengthens why a sub-minimum wage level is required. What $10/hr could not accomplish, $7/hr may accomplish unless there is some other strong motivations for employers to not employ teenagers irrspective of wage rate. But argument didn't give any hint toward that.
Anybody wants to agrue ?
_________________

"Education is what remains when one has forgotten everything he learned in school."

  [#permalink] 16 Dec 2006, 15:48
    Similar topics Author Replies Last post
Similar
Topics:
Teenagers are often priced out of the labor market by the surbab 8 05 Apr 2007, 10:31
Teenagers are often priced out of the labor market by the AK47 6 22 Jan 2007, 21:46
Teenagers are often priced out of the labor market by the iced_tea 11 24 Sep 2006, 11:07
Teenagers are often priced out of the labor market by the yudhix 6 15 Aug 2006, 21:55
Teenagers are often priced out of the labor market by the IWT801 9 15 Jan 2006, 04:36
Display posts from previous: Sort by

Teenagers are often priced out of the labor market by the

  Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.