It is currently 13 Dec 2017, 11:03

Decision(s) Day!:

CHAT Rooms | Ross R1 | Kellogg R1 | Darden R1 | Tepper R1


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.

Close

Request Expert Reply

Confirm Cancel

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

Last year, the US government spent $500B on enhancing employment, lead

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:

Hide Tags

Senior Manager
Senior Manager
User avatar
G
Joined: 22 Nov 2016
Posts: 251

Kudos [?]: 64 [0], given: 42

Location: United States
Concentration: Leadership, Strategy
GPA: 3.4
Reviews Badge CAT Tests
Last year, the US government spent $500B on enhancing employment, lead [#permalink]

Show Tags

New post 25 Oct 2017, 08:45
1
This post was
BOOKMARKED
00:00
A
B
C
D
E

Difficulty:

  55% (hard)

Question Stats:

57% (01:15) correct 43% (01:28) wrong based on 111 sessions

HideShow timer Statistics

Last year, the US government spent $500B on enhancing employment, leading to creation of 10M jobs. An average job in US saves the government $10K in social security benefits and provides $15K in taxes. Based on this, the government claims that the payback on the investment would be less than 3 years.

The government’s claim is based on which of the following assumption?

A) A significant number of the jobs that have been created are comparable to or better than an average job.
B) Most of the jobs that have been created through this program will last 5 years or more.
C) People employed through this program are doing work that will help the Gross exports of the nation.
D) The excessive money spent to create these jobs will not raise the inflation in the country.
E) All jobs are created equal with similar pay and benefits.
[Reveal] Spoiler: OA

_________________

Kudosity killed the cat but your kudos can save it.

Kudos [?]: 64 [0], given: 42

Intern
Intern
avatar
B
Joined: 20 Aug 2016
Posts: 23

Kudos [?]: 6 [0], given: 93

GMAT 1: 570 Q46 V23
WE: Information Technology (Other)
Reviews Badge
Re: Last year, the US government spent $500B on enhancing employment, lead [#permalink]

Show Tags

New post 25 Oct 2017, 10:03
easy one - A
Missed in hurry to read all options and chose E :)

Kudos [?]: 6 [0], given: 93

Senior CR Moderator
User avatar
D
Status: Long way to go!
Joined: 10 Oct 2016
Posts: 1292

Kudos [?]: 1099 [0], given: 62

Location: Viet Nam
GMAT ToolKit User Premium Member CAT Tests
Re: Last year, the US government spent $500B on enhancing employment, lead [#permalink]

Show Tags

New post 25 Oct 2017, 18:02
sasyaharry wrote:
Last year, the US government spent $500B on enhancing employment, leading to creation of 10M jobs. An average job in US saves the government $10K in social security benefits and provides $15K in taxes. Based on this, the government claims that the payback on the investment would be less than 3 years.

The government’s claim is based on which of the following assumption?

A) A significant number of the jobs that have been created are comparable to or better than an average job.
B) Most of the jobs that have been created through this program will last 5 years or more.
C) People employed through this program are doing work that will help the Gross exports of the nation.
D) The excessive money spent to create these jobs will not raise the inflation in the country.
E) All jobs are created equal with similar pay and benefits.


Narrow down to A and E.

The problem in E is that "all jobs". This choice is too general and goes out of the scope.
_________________

Actual LSAT CR bank by Broall

How to solve quadratic equations - Factor quadratic equations
Factor table with sign: The useful tool to solve polynomial inequalities
Applying AM-GM inequality into finding extreme/absolute value

New Error Log with Timer

Kudos [?]: 1099 [0], given: 62

Intern
Intern
avatar
B
Joined: 16 May 2017
Posts: 17

Kudos [?]: 0 [0], given: 36

CAT Tests
Re: Last year, the US government spent $500B on enhancing employment, lead [#permalink]

Show Tags

New post 25 Oct 2017, 18:10
Its A.since passage sparks about only the returns time period.

Sent from my ZUK Z1 using GMAT Club Forum mobile app

Kudos [?]: 0 [0], given: 36

Re: Last year, the US government spent $500B on enhancing employment, lead   [#permalink] 25 Oct 2017, 18:10
Display posts from previous: Sort by

Last year, the US government spent $500B on enhancing employment, lead

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  


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

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne

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®.