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

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Last year, the US government spent \$500B on enhancing employment, lead  [#permalink]

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25 Oct 2017, 09:45
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Difficulty:

55% (hard)

Question Stats:

57% (01:13) correct 43% (01:27) wrong based on 120 sessions

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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.

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

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25 Oct 2017, 11:03
easy one - A
Missed in hurry to read all options and chose E
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Re: Last year, the US government spent \$500B on enhancing employment, lead  [#permalink]

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25 Oct 2017, 19:02
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.
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Re: Last year, the US government spent \$500B on enhancing employment, lead  [#permalink]

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25 Oct 2017, 19:10
Its A.since passage sparks about only the returns time period.

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Re: Last year, the US government spent \$500B on enhancing employment, lead &nbs [#permalink] 25 Oct 2017, 19:10
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