No national productivity measures are available for underground industries that may exist but remain unreported. On the other hand, at least some industries that are run entirely by self-employed industrialists are included in national productivity measures. From the information given above, it can be validly concluded that
Correct Answer: D
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Lou observes that if flight 409 is canceled, then the manager could not possibly arrive in time for the meeting. But the flight was not canceled. Therefore, Lou concludes, the manager will certainly be on time. Evelyn replies that even if Lou's premises are true, his argument is fallacious. And therefore, she adds, the manager will not arrive on time after all. Which of the following is the strongest thing that we can properly say about this discussion?
Correct Answer: B
Sally has never received a violation from the Federal Aviation Administration during her 16-year flying career. Sally must be a great pilot. Which of the following can be said about the reasoning above?
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The Japanese economic model created strong domestic industries through subsidies from its Ministry of Trade and by closing off competitive foreign firms to its domestic market. This strategy promised to help economic growth by incubating domestic industries. New Japanese industries could count on a known local demand and would be protected from competition by tariffs and other barriers. The program could reduce the amount of imports and therefore improve the nation's balance of trade. Which of the following, based on the passage above, is a weakness in this economic strategy?
Correct Answer: C
Historically, famines have generally been followed by periods of rising wages, because when a labor force is diminished, workers are more valuable in accordance with the law of supply and demand. The Irish potato famine of the 1840s is an exception; it resulted in the death or emigration of half of Ireland's population, but there was no significant rise in the average wages in Ireland in the following decade. Which one of the following, if true, would LEAST contribute to an explanation of the exception to the generalization?
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Cars are safer than planes. Fifty percent of plane accidents result in death, while only one percent of car accidents result in death. Which of the following, if true, would most seriously weaken the argument above?
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