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Many financial experts believe that policy makers at the

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Many financial experts believe that policy makers at the [#permalink] New post 07 Jul 2004, 19:00
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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. ...
B. Reserve who, now view the economy to be balanced between that of moderate growth and low inflation, will be
C. Reserve who, now view the economy as balanced between moderate growth and low inflation, are

D and E are wrong.

Please explain your answers. If A is wrong, why is it wrong.

Thanks.
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Re: SC - Experts [#permalink] New post 07 Jul 2004, 19:13
A is wrong b/c now viewing doesn't have a clear referent. however, we can make out that it refers to policy makers.

"to be" in B is a passive formation and lags behind "AS". 'View as' is better than 'view to be'.

C, my answer.
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 [#permalink] New post 07 Jul 2004, 19:36
although C may be best, it does have a flaw. the comma should have been right before "who"

Many financial experts believe that policy makers at the Federal Reserve who, [now view the economy as balanced between moderate growth and low inflation], are almost certain to leave interests rates unchanged for the foreseeable future.

Remove the part in red, a parenthetical element, and you get

Many financial experts believe that policy makers at the Federal Reserve who are almost certain to leave interests rates unchanged for the foreseeable future

The sentence above is incomplete; we don't know what the financial experts believe about policy makers. "who" should have been after the comma in order to make the rest of the clear and not leave it dangling within the independent clause.
This is the corrected version of C:

Many financial experts believe that policy makers at the Federal Reserve, [who now view the economy as balanced between moderate growth and low inflation], are almost certain to leave interests rates unchanged for the foreseeable future.

We now remove the parenthetical element and we have an undisturbed independant clause:

Many financial experts believe that policy makers at the Federal Reserve are almost certain to leave interests rates unchanged for the foreseeable future
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 [#permalink] New post 07 Jul 2004, 21:29
Hi Pardon me for the TYPO... I have redone the whole question again. Please check this one.

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, who now view the economy to be balanced between that of moderate growth and low inflation, will be
C. Reserve, which now views the economy to be balanced between moderate growth and low inflation, is
D. Reserve who, now viewing the economy as balanced between moderate growth and low inflation, are
E. Reserve, now viewing the economy to be balanced between that of moderate growth and low inflation and are
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 [#permalink] New post 07 Jul 2004, 21:35
I knew this question was flawed :wink:
B now makes the best answer.
A and E sounds is if it were the Federal Reserve which was viewing
C) "which" cannot refer to persons
D) same problem as I explained previously
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 [#permalink] New post 07 Jul 2004, 21:50
Thanks Paul

A quick question. In the choice B..

B. Reserve, who now view the economy to be balanced between that of moderate growth and low inflation, will be - this WILL BE does not go good to my ears. Does this point an error, or is it ok to have it. This sentence ending with ARE would have been different, is that so.

Since all other choices either have VIEWING, or VIEWS, or absence of WHO. B makes the best choice. Is that right. If not, B still can be polished with the substituition of ARE in the place of WILL BE.

Am I right?
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 [#permalink] New post 07 Jul 2004, 22:14
Let's take a simpler example for B
They will be certain to do it --> Only some time in the future will they be certain to do it
vs
They are certain to do it --> Today, they are certain about eventually doing it
Both are fine to me. I don't believe that you will get two identitical sentences with the exception of "will be" vs "are" from which you will have to pick the best. Indeed, given that all other ones have errors, you should pick B.
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 [#permalink] New post 07 Jul 2004, 23:42
Paul
I have a question. I read somewhere that "view as" is an idiom. Should we not take that in consideration??? :roll:
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 [#permalink] New post 08 Jul 2004, 04:07
Thats a good one there JPV....pretty close to knocking the answer. :-D
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 [#permalink] New post 08 Jul 2004, 07:35
I would have chosen A. Who introduces a relative clause but it doen't refer to the proper person. So I think it is better to use a phrase instead of a clause.

Also as I said in my earlier post, that you can reduce a clause to a phrase by removing the verb and its auxilary and replace it with a present participle.

Paul Comment.
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 [#permalink] New post 08 Jul 2004, 09:40
Bhai wrote:
I would have chosen A. Who introduces a relative clause but it doen't refer to the proper person. So I think it is better to use a phrase instead of a clause.

Also as I said in my earlier post, that you can reduce a clause to a phrase by removing the verb and its auxilary and replace it with a present participle.

Paul Comment.

Sorry, I'm a bit busy at work these days :(

Bhai, you can certainly replace verb+auxiliary and replace it with a present participle but it will change the meaning of the sentence in this case. The immediately preceding noun is what the present participle usually modifies. As is, the sentence sounds as if it were the Federal reserve which was "viewing the economy...". In B, "who" would properly refer to "policy makers" for it is them who can perform the action of viewing.

Past participle would be properly used in this context:

Many financial experts believe that policy makers at the Federal Reserve, now being the only government agency overseeing the country's economic health, are almost certain to leave interests rates unchanged for the foreseeable future.

In the above, the use of present participle is clear and we know that it DOES refer to the immediately preceding noun.

Hope it's clear.

PS. I'm still gathering information on "view...as".
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 [#permalink] New post 08 Jul 2004, 17:07
Hi Paul

Let me put this sentence in a way that wud be appropriate.

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.

In the above sentence, the modifier is placed correctly and satisfies the idiom VIEW AS. Can it not be that the Ploicy makers are viewing, rather than we assume that it is the financial experts?.

:roll:
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 [#permalink] New post 08 Jul 2004, 19:13
This is a scary SC. I think you are right Carsen. I could not find anything in support of "view...to be". I was just bogged by "now viewing". I guess, looked from your perspective, A should sound right as it is the policy makers at the Federal Reserve who are now viewing... Should I be right to believe OA to be A then? :stupid
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 [#permalink] New post 08 Jul 2004, 19:21
Yes OA is A.

JPV you are the man. !!! :cool
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 [#permalink] New post 08 Jul 2004, 19:29
carsen wrote:
Yes OA is A.

JPV you are the man. !!! :cool

Carsen, you really kept the suspense on :hair
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