Find all School-related info fast with the new School-Specific MBA Forum

It is currently 24 May 2013, 11:42
Customize  |  Hide

Many financial experts believe that policy makers at the

  Question banks Downloads My Bookmarks Reviews  
Author Message
TAGS:
Manager
Manager
User avatar
Joined: 06 Oct 2009
Posts: 99
Location: Mexico
Concentration: Entrepreneurship, Finance
GMAT 1: 610 Q42 V34
GPA: 3.85
WE: Sales (Commercial Banking)
Followers: 0

Kudos [?]: 18 [0], given: 3

GMAT Tests User
Many financial experts believe that policy makers at the [#permalink] New post 03 Oct 2012, 14:35
00:00

Question Stats:

55% (01:50) correct 44% (00:38) wrong based on 3 sessions
Many financial experts believe that policy makers at the Federal Reserve, now viewing the economy as balanced between moderate growth and low inflation, are almost certain to leave interests rates unchanged for the foreseeable future.

A. Reserve, now viewing the economy as balanced between moderate growth and low inflation, are
B. Reserve, now viewing the economy to be balanced between that of moderate growth and low inflation and are
C. Reserve who, now viewing the economy as balanced between moderate growth and low inflation, are
D. Reserve, who now view the economy to be balanced between that of moderate growth and low inflation, will be
E. Reserve, which now views the economy to be balanced between moderate growth and low inflation, is
[Reveal] Spoiler: OA
1 KUDOS received
Manager
Manager
Status: Fighting again to Kill the GMAT devil
Joined: 02 Jun 2009
Posts: 137
Location: New Delhi
WE 1: Oil and Gas - Engineering & Construction
Followers: 0

Kudos [?]: 16 [1] , given: 48

Re: Many financial experts believe that policy makers at the Fed [#permalink] New post 03 Oct 2012, 19:23
1
This post received
KUDOS
Bull78 wrote:
Many financial experts believe that policy makers at the Federal Reserve, now viewing the economy as balanced between moderate growth and low inflation, are almost certain to leave interests rates unchanged for the foreseeable future.

A. Reserve, now viewing the economy as balanced between moderate growth and low inflation, are
B. Reserve, now viewing the economy to be balanced between that of moderate growth and low inflation and are
C. Reserve who, now viewing the economy as balanced between moderate growth and low inflation, are
D. Reserve, who now view the economy to be balanced between that of moderate growth and low inflation, will be
E. Reserve, which now views the economy to be balanced between moderate growth and low inflation, is


First split to be seen is - "is v/s are" both of these be-forms are referring to "policy makers", hence it should be "are"

Now are is in A, B and C.

Lets look at C - the use of "who" is misplaced here, it would have been correct if it was modifying "policy makers" because they can view the economy not the "Federal reserve" as such.

Between B and A - very subtle difference between the modifier "now viewing the economy to be"
V/S "now viewing the economy as"

Correct idiom is "view X as Y" and Not View X to be Y

hence {A}
_________________

Giving Kudos, is a great Way to Help the GC Community Kudos

1 KUDOS received
GMAT Pill Representative
User avatar
Joined: 07 Nov 2012
Posts: 172
GMAT 1: 770 Q48 V48
Followers: 9

Kudos [?]: 42 [1] , given: 2

Re: Many financial experts believe that policy makers at the [#permalink] New post 16 Jan 2013, 06:45
1
This post received
KUDOS
Hi Sachin,

Yes you are correct, 'that of' is wrong here.

It doesn't have anything to link back to. As others have said it is correct as in A.

Cheers,

James
_________________

Former GMAT Pill student, now on staff. Used GMATPILL OG 12 and nothing else: 770 (48,48) & 6.0



... and more

SVP
SVP
Status: worked for Kaplan's associates, but now on my own, free and flying
Joined: 19 Feb 2007
Posts: 1987
Location: India
Followers: 131

Kudos [?]: 667 [0], given: 170

GMAT Tests User
Re: Many financial experts believe that policy makers at the Fed [#permalink] New post 03 Oct 2012, 22:03
Here is a yet another dimension to solve this tangle the grammar way;

A. Reserve, now viewing the economy as balanced between moderate growth and low inflation, are ---- correct sentence with a working plural verb -are- for the subject policy makers

B. Reserve, now viewing the economy to be balanced between that of moderate growth and low inflation and are ……..The conjunction- and – spoils the party, by weaning away the verb and leaving the first part of the sentence a fragment without a working verb

C. Reserve who, now viewing the economy as balanced between moderate growth and low inflation, are … the intrusion of who despoils the structure of the sentence by rendering the main clause a fragment.

D. Reserve, who now view the economy to be balanced between that of moderate growth and low inflation, will be --- as already punted out, the pronoun –who- does not gel with the Fed, literally an inanimate body

E. Reserve, which now views the economy to be balanced between moderate growth and low inflation, is ------ policy makers and is – S-V mismatch

These observations are in addition to the other idiomatic mistakes pointed by other posters .
_________________

” I truly believe in online learning, I have been a student in both an Ivy League school (brick and mortar) and in an online setting and I have learned 1,000 times more in an online setting. You do not have anyone there lecturing you and then you do the work, online you are made to do it all yourself. Amazing how different the results are. - Heather(a student)”

Alicia Helle, an online student at the UW, "Obtaining my degree online has been a blessing. With two small children, I am able to work when it is convenient for my family and me. I have nothing but positive comments and experiences from my time at UW-Stout.”

Find out what's new at GMAT Club - latest features and updates

Manager
Manager
User avatar
Joined: 08 Apr 2012
Posts: 120
Followers: 2

Kudos [?]: 33 [0], given: 12

Re: Many financial experts believe that policy makers at the Fed [#permalink] New post 04 Oct 2012, 00:26
Bull78 wrote:
Many financial experts believe that policy makers at the Federal Reserve, now viewing the economy as balanced between moderate growth and low inflation, are almost certain to leave interests rates unchanged for the foreseeable future.

A. Reserve, now viewing the economy as balanced between moderate growth and low inflation, are
B. Reserve, now viewing the economy to be balanced between that of moderate growth and low inflation and are
C. Reserve who, now viewing the economy as balanced between moderate growth and low inflation, are
D. Reserve, who now view the economy to be balanced between that of moderate growth and low inflation, will be
E. Reserve, which now views the economy to be balanced between moderate growth and low inflation, is


If you want to create a standard approach to solve these types of questions, make sure you identify the parts of speech. Isolate the subject first, your life will be easier.

Notice that there is a phrase between commas, removing which also makes the sentence logical. So remove it and simplify. Now the original sentence is:
Many financial experts believe that policy makers at the Federal Reserve are almost certain to leave interests rates unchanged for the foreseeable future.

You see the mistake? The subject is "policy makers" [plural] so verb should be "are". Eliminate E.

Now coming to the phrase between the commas. It is modifying phrase talking about the subject closest to the comma, which is "Federal Reserve". In C and D, "who" is used with Federal Reserve, which is incorrect. Now we are left with A and B.

The idiomatic usage is "between X and Y" where X and Y have to be parallel. In B, it is not. In B, X = "that of moderate growth" and Y = "low inflation". Do not agree...

thus the correct answer is A.
_________________

Shouvik
http://www.Edvento.com
admin@edvento.com

Director
Director
Status: Gonna rock this time!!!
Joined: 22 Jul 2012
Posts: 551
Location: India
GMAT 1: 640 Q43 V34
GMAT 2: 630 Q47 V29
WE: Information Technology (Computer Software)
Followers: 1

Kudos [?]: 13 [0], given: 560

GMAT Tests User
Re: Many financial experts believe that policy makers at the [#permalink] New post 16 Jan 2013, 06:34
Is D also wrong because of presence of 'that of'?

Reserve, who now view the economy to be balanced between that of moderate growth and low inflation, will be
_________________

hope is a good thing, maybe the best of things. And no good thing ever dies.

Who says you need a 700 ?Check this out : http://gmatclub.com/forum/who-says-you-need-a-149706.html#p1201595

My GMAT Journey : end-of-my-gmat-journey-149328.html#p1198742

Re: Many financial experts believe that policy makers at the   [#permalink] 16 Jan 2013, 06:34
    Similar topics Author Replies Last post
Similar
Topics:
Popular new posts Many financial experts believe that policy makers at the carsen 14 07 Jul 2004, 20:00
New posts Many financial experts believe that policy makers at the mba4me 2 09 Sep 2004, 12:17
New posts Many financial experts believe that policy makers at the okdongdong 2 02 Aug 2005, 06:45
New posts Many financial experts believe that policy makers at the vivek123 9 26 Dec 2005, 08:24
New posts Many financial experts believe that policy makers at the Nihit 1 02 Nov 2008, 05:53
Display posts from previous: Sort by

Many financial experts believe that policy makers at the

  Question banks Downloads My Bookmarks Reviews  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.