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Economist: Support Real wages in this country will increase significantly only if productivity increases notably. █████ ██ ██ ████████ ████ ████ █████ ████ ████████ █████████████ ██ ███ ████ ███████ █████ ████ █████████ ██████████ ███ █████████ █████████ ████ ██████ ██ ███ ██████████ ███ ████ ███████ ██ ██████ ██ ████████ ███ ██ █████ ███████ ████ ██████
Summary
The economist concludes that it’s unlikely that wages will significantly increase soon. She supports this by saying that wages will only significantly increase if productivity increases. (That is, if productivity does not increase, then wages will not increase.) She then notes that businesses are only investing a little into new technology.
Missing Connection
The economist’s premises establish that wages won’t increase if productivity doesn’t increase. But her conclusion says that wages won’t increase because businesses aren’t investing much into new technology.
To get from her premises to her conclusion, the economist must assume that if businesses don’t invest much into new technology, then productivity will not increase. This then leads to her conclusion that wages will not increase.
22.
Which one of the following, ██ ███████ █████ ███ ███████████ ████████ ██████ ███ ███████████ ██████████ ██ ██ ████████ ██████
a
Neither real wages ███ ████████████ ████ █████████ ██ ███ ████ ███████ ██████
b
Real wages will ████████ ███████ ██ █ ███████████ ██████ ██ ███████ ███████ ███ ██████ █████████ ██ ███ ███ ███████████
c
Sooner or later ████ █████ ████ ████████ ██████████████
d
Productivity will not ████████ ██ ██████████ ██ ███ ████ █ ███████████ ██████████ ██ ███ ███████████
e
The new technology ██ █████ ██████████ ███ █████████ █████████ ██ ███ ████████████ ██ ██ ████████ ██ █████████████