When unemployment rates are high, people with full-time jobs tend to take fewer and shorter vacations. When unemployment rates are low, people tend to vacation more often and go away for longer periods of time. Thus, it can be concluded that full-time workersandrsquo; perceptions of their own job security influence the frequency and duration of their vacations.The argument above assumes thata)the people who take the longest vacations when unemployment rates are low have no fear of losing their jobsb)travel costs are lower during times of low unemploymentc)most people prefer to work full-time jobsd)workersandrsquo; perceptions of their own job security are in some way related to the unemployment ratee)workersandrsquo; fears of losing their jobs have increased recentlyCorrect answer is option 'D'. Can you explain this answer?

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The argument above assumes that

a)
the people who take the longest vacations when unemployment rates are low have no fear of losing their jobs
b)
travel costs are lower during times of low unemployment
c)
most people prefer to work full-time jobs
d)
workers’ perceptions of their own job security are in some way related to the unemployment rate
e)
workers’ fears of losing their jobs have increased recently

Correct answer is option 'D'. Can you explain this answer?

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When unemployment rates are high, people with full-time jobs tend to t...

The argument is based on the correlation between unemployment rates and the frequency/duration of vacations taken by full-time workers. It suggests that when unemployment rates are high, full-time workers take fewer and shorter vacations, while during low unemployment rates, they vacation more often and for longer periods. To make this conclusion valid, the argument assumes that workers' perceptions of their own job security are somehow related to the unemployment rate.

Option (A) assumes that those who take the longest vacations during low unemployment have no fear of losing their jobs. This assumption is not necessary for the argument, as the argument does not directly address the fear of losing jobs.

Option (B) about lower travel costs during low unemployment is irrelevant to the relationship between job security perceptions and vacation frequency/duration.

Option (C) assumes that most people prefer full-time jobs, which is not directly relevant to the argument.

Option (D) is the correct assumption. It links workers' perceptions of their job security to the unemployment rate, suggesting that when unemployment rates are high, workers may feel less secure in their jobs, leading to fewer and shorter vacations. Conversely, when unemployment rates are low, workers may feel more secure in their jobs, resulting in more frequent and longer vacations.

Option (E) about workers' fears of losing their jobs increasing recently is not necessary for the argument, as the argument does not discuss the recent timeframe or changes in workers' fears.

Therefore, the correct assumption is (D).

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When unemployment rates are high, people with full-time jobs tend to t...

Are influenced by the state of the economy when making decisions about their vacation plans.

During periods of high unemployment rates, full-time workers may feel more cautious about taking time off as they may be concerned about job security. They might be hesitant to leave their jobs for an extended period, fearing that it could negatively impact their position or make them more replaceable in a competitive job market.

On the other hand, when unemployment rates are low, full-time workers may feel more confident about their job stability and may be more willing to take longer vacations. They might have a greater sense of security in their employment and feel more comfortable taking time away from work to relax and recharge.

It is important to note that this conclusion is based on general trends and observations, and individual preferences and circumstances can vary. Some full-time workers may prioritize their vacations regardless of the economic conditions, while others may be more influenced by job security. Additionally, factors such as personal financial situation, company policies, and industry-specific dynamics can also play a role in vacation decision-making.

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When unemployment rates are high, people with full-time jobs tend to take fewer and shorter vacations. When unemployment rates are low, people tend to vacation more often and go away for longer periods of time. Thus, it can be concluded that full-time workers’ perceptions of their own job security influence the frequency and duration of their vacations.The argument above assumes thata)the people who take the longest vacations when unemployment rates are low have no fear of losing their jobsb)travel costs are lower during times of low unemploymentc)most people prefer to work full-time jobsd)workers’ perceptions of their own job security are in some way related to the unemployment ratee)workers’ fears of losing their jobs have increased recentlyCorrect answer is option 'D'. Can you explain this answer?

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When unemployment rates are high, people with full-time jobs tend to take fewer and shorter vacations. When unemployment rates are low, people tend to vacation more often and go away for longer periods of time. Thus, it can be concluded that full-time workers’ perceptions of their own job security influence the frequency and duration of their vacations.The argument above assumes thata)the people who take the longest vacations when unemployment rates are low have no fear of losing their jobsb)travel costs are lower during times of low unemploymentc)most people prefer to work full-time jobsd)workers’ perceptions of their own job security are in some way related to the unemployment ratee)workers’ fears of losing their jobs have increased recentlyCorrect answer is option 'D'. Can you explain this answer? for GMAT 2024 is part of GMAT preparation. The Question and answers have been prepared according to the GMAT exam syllabus. Information about When unemployment rates are high, people with full-time jobs tend to take fewer and shorter vacations. When unemployment rates are low, people tend to vacation more often and go away for longer periods of time. Thus, it can be concluded that full-time workers’ perceptions of their own job security influence the frequency and duration of their vacations.The argument above assumes thata)the people who take the longest vacations when unemployment rates are low have no fear of losing their jobsb)travel costs are lower during times of low unemploymentc)most people prefer to work full-time jobsd)workers’ perceptions of their own job security are in some way related to the unemployment ratee)workers’ fears of losing their jobs have increased recentlyCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for GMAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for When unemployment rates are high, people with full-time jobs tend to take fewer and shorter vacations. When unemployment rates are low, people tend to vacation more often and go away for longer periods of time. Thus, it can be concluded that full-time workers’ perceptions of their own job security influence the frequency and duration of their vacations.The argument above assumes thata)the people who take the longest vacations when unemployment rates are low have no fear of losing their jobsb)travel costs are lower during times of low unemploymentc)most people prefer to work full-time jobsd)workers’ perceptions of their own job security are in some way related to the unemployment ratee)workers’ fears of losing their jobs have increased recentlyCorrect answer is option 'D'. Can you explain this answer?.

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