QUESTION TEXT: Economist: Technology now changes so rapidly that…
QUESTION TYPE: Necessary Assumption
CONCLUSION: Large government job training programs aren’t a good idea anymore.
REASONING: Periodic retraining can be efficient only if it meets companies’ short term needs.
ANALYSIS: The argument is assuming that large government programs cannot meet the short term needs of individual companies.
The wrong answer choices don’t even say anything about large government programs.
- This talks about the past. The stimulus talks about what is appropriate in the present.
- This talks about what happens if the pace of change slows. But the stimulus is talking about what is true at the current pace of change.
- There could be a single type of retraining program that is most efficient as long as it isn’t the government program.
- CORRECT. If large government programs do meet companies’ needs then they could be efficient.
- This doesn’t affect how well government programs work.
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