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15 Aug 2018, 10:00
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Difficulty:
15%
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Question Stats:
83% (02:11) correct
17%
(02:21)
wrong
based on 259
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Economist: Although average hourly wages vary considerably between different regions of this country, in each region, the average hourly wage for full-time jobs increased last year. Paradoxically, however, in the country as a whole, the average hourly wage for full-time jobs decreased last year.
Which one of the following, if true of the economist's country, most helps to resolve the apparent paradox in the economist's statements?
(A) In the country as a whole, the average hourly wage for full-time jobs has decreased slightly for each of the last three years.
(B) Last year, to reduce costs, employers moved many full-time jobs from regions with relatively high hourly wages to regions where those jobs typically pay much less.
(C) The year before last, the unemployment rate reached a ten-year low; last year, however, the unemployment rate increased slightly.
(D) Last year, the rate at which the average hourly wage for full-time jobs increased varied considerably between different regions of the country.
(E) Last year, hourly wages for most full-time jobs in the manufacturing sector declined while those for most full-time jobs in the service sector increased.
LSAT
KUDOS will be appreciated
Which one of the following, if true of the economist's country, most helps to resolve the apparent paradox in the economist's statements?
(A) In the country as a whole, the average hourly wage for full-time jobs has decreased slightly for each of the last three years.
(B) Last year, to reduce costs, employers moved many full-time jobs from regions with relatively high hourly wages to regions where those jobs typically pay much less.
(C) The year before last, the unemployment rate reached a ten-year low; last year, however, the unemployment rate increased slightly.
(D) Last year, the rate at which the average hourly wage for full-time jobs increased varied considerably between different regions of the country.
(E) Last year, hourly wages for most full-time jobs in the manufacturing sector declined while those for most full-time jobs in the service sector increased.
LSAT
KUDOS will be appreciated
HarshBazooka
Joined: 19 Oct 2017
Last visit: 07 Apr 2021
Posts: 72
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Given Kudos: 7
Location: India
Concentration: Finance, International Business
Schools: LBS '21 (S) HEC Jan20 Intake (A) Instead Sept 20 Intake (S) NYU Tech MBA "21 (II) Ivey '21 (A$) Cornell Tech "21 (S)
GMAT 1: 710 Q50 V35
GPA: 3.6
WE:Analyst (Commercial Banking)
Schools: LBS '21 (S) HEC Jan20 Intake (A) Instead Sept 20 Intake (S) NYU Tech MBA "21 (II) Ivey '21 (A$) Cornell Tech "21 (S)
GMAT 1: 710 Q50 V35
Posts: 72
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15 Aug 2018, 11:10
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People moving from high earning to low earning region
Sent from my Redmi Note 4 using GMAT Club Forum mobile app
People moving from high earning to low earning region
Sent from my Redmi Note 4 using GMAT Club Forum mobile app
