The prime lending rate is a key rate in the economy: not : GMAT Sentence Correction (SC)
Check GMAT Club App Tracker for the Latest School Decision Releases http://gmatclub.com/AppTrack

 It is currently 10 Dec 2016, 11:27

### GMAT Club Daily Prep

#### Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# The prime lending rate is a key rate in the economy: not

Author Message
TAGS:

### Hide Tags

Manager
Joined: 11 Apr 2009
Posts: 211
Followers: 3

Kudos [?]: 167 [3] , given: 4

The prime lending rate is a key rate in the economy: not [#permalink]

### Show Tags

27 May 2009, 20:38
3
KUDOS
16
This post was
BOOKMARKED
00:00

Difficulty:

75% (hard)

Question Stats:

49% (02:13) correct 51% (01:12) wrong based on 1292 sessions

### HideShow timer Statistics

The prime lending rate is a key rate in the economy: not only are the interest rates on most loans to small and medium-sized businesses tied to the prime, but also on a growing number of consumer loans, including home equity loans.

(A) not only are the interest rates on most loans to small and medium-sized businesses tied to the prime, but also on
(B) tied to the prime are the interest rates not only on most loans to small and medium-sized businesses, but also on
(C) the interest rates not only on most loans to small and medium-sized businesses are tied to the prime, but also
(D) not only the interest rates on most loans to small and medium-sized businesses are tied to the prime, but also on
(E) the interest rates are tied to the prime, not only on most loans to small and medium-sized businesses, but also
[Reveal] Spoiler: OA

_________________

-talent is the desire to practice-

If you have any questions
New!
SVP
Joined: 29 Aug 2007
Posts: 2492
Followers: 67

Kudos [?]: 729 [2] , given: 19

### Show Tags

27 May 2009, 20:45
2
KUDOS
1
This post was
BOOKMARKED
nightwing79 wrote:
The prime lending rate is a key rate in the economy: not only are the interest rates on most loans to small and medium-sized businesses tied to the prime, but also on a growing number of consumer loans, including home equity loans.

A. not only are the interest rates on most loans to small and medium-sized businesses tied to the prime, but also on
B. tied to the prime are the interest rates not only on most loans to small and medium-sized businesses, but also on
C. the interest rates not only on most loans to small and medium-sized businesses are tied to the prime, but also
D. not only the interest rates on most loans to small and medium-sized businesses are tied to the prime, but also on
E. the interest rates are tied to the prime, not only on most loans to small and medium-sized businesses, but also

B. llism: not only on x, but also on y.
_________________

Gmat: http://gmatclub.com/forum/everything-you-need-to-prepare-for-the-gmat-revised-77983.html

GT

Director
Joined: 25 Oct 2008
Posts: 608
Location: Kolkata,India
Followers: 12

Kudos [?]: 766 [0], given: 100

### Show Tags

15 Oct 2009, 00:41
guys..true that only option b supports parallism..but what confused me was "..tied to the prime are the interest rates.." is'nt that a passive construction??
_________________

http://gmatclub.com/forum/countdown-beginshas-ended-85483-40.html#p649902

Manager
Affiliations: CFA Level 2 Candidate
Joined: 29 Jun 2009
Posts: 221
Schools: RD 2: Darden Class of 2012
Followers: 3

Kudos [?]: 208 [1] , given: 2

### Show Tags

15 Oct 2009, 07:46
1
KUDOS

Agree construction should be not only on X but also on Y.
This removes A,C,D

I would go with E. Is B correct because of a modifier issue?
Manager
Joined: 01 Sep 2009
Posts: 65
Followers: 2

Kudos [?]: 69 [0], given: 3

### Show Tags

15 Oct 2009, 22:03
This question was posted in May. So I don't think we will get an OA from the person who posted the original question
I checked it from another website and got the OA as
[Reveal] Spoiler:
B
.
Senior Manager
Joined: 01 Mar 2009
Posts: 372
Location: PDX
Followers: 6

Kudos [?]: 87 [5] , given: 24

### Show Tags

15 Oct 2009, 22:08
5
KUDOS
tejal777 wrote:
guys..true that only option b supports parallism..but what confused me was "..tied to the prime are the interest rates.." is'nt that a passive construction??

No this is not a passive construction, just a different way of framing the sentence. To give an analogy.

Gone are the days of cheap gas.
The days of cheap gas are gone.

The voice here still remains active. Makes sense ?
_________________

In the land of the night, the chariot of the sun is drawn by the grateful dead

Manager
Joined: 19 Sep 2010
Posts: 182
Followers: 2

Kudos [?]: 86 [0], given: 18

### Show Tags

01 Oct 2010, 04:59
was scared by ":"....what does it signify.....???
Manager
Joined: 22 Jun 2010
Posts: 212
Followers: 1

Kudos [?]: 107 [0], given: 13

### Show Tags

01 Oct 2010, 05:07
parallelism is the core of SC, I think.
Manager
Joined: 29 Aug 2010
Posts: 156
Schools: Wharton/Lauder - Class of 2013
WE 1: Project Management, Telecommunications
Followers: 3

Kudos [?]: 19 [0], given: 16

### Show Tags

01 Oct 2010, 06:26
Raths wrote:
was scared by ":"....what does it signify.....???

The colon is used to provide further explanation or to expand on something. The sentence before the colon must be able to stand alone.

Hope that helps!
Manager
Joined: 15 Apr 2010
Posts: 176
Followers: 3

Kudos [?]: 84 [0], given: 25

### Show Tags

01 Oct 2010, 06:44
I went with E. E also supports parallelism and it seems to be better formed than B.
_________________

Give [highlight]KUDOS [/highlight] if you like my post.

Always do things which make you feel ALIVE!!!

Manager
Joined: 19 Sep 2010
Posts: 182
Followers: 2

Kudos [?]: 86 [0], given: 18

### Show Tags

01 Oct 2010, 08:16
@Redjam.
Tnx Though I have one more doubt.
How one can find out about the word which is being defined . I tht that the
last word gets defined but clearly thats not the case . I think rate is
being defined here.
Intern
Joined: 01 Oct 2010
Posts: 6
Location: State College PA
Followers: 0

Kudos [?]: 2 [0], given: 0

### Show Tags

01 Oct 2010, 09:09
B seems the most logical and most concise
Intern
Joined: 30 Aug 2010
Posts: 11
Location: INDIA
Followers: 0

Kudos [?]: 1 [1] , given: 0

### Show Tags

01 Oct 2010, 10:34
1
KUDOS
I opted for E but i didnt notice the missing word 'on' at the end of the sentence ... It has to be option B...
Manager
Joined: 22 Dec 2009
Posts: 107
Location: United States
Concentration: Entrepreneurship, Finance
Schools: Babson '15
WE: Consulting (Accounting)
Followers: 2

Kudos [?]: 12 [0], given: 11

### Show Tags

01 Oct 2010, 11:39
I went with B. Didn't even read all the Ans choices
Senior Manager
Status: Time to step up the tempo
Joined: 24 Jun 2010
Posts: 408
Location: Milky way
Schools: ISB, Tepper - CMU, Chicago Booth, LSB
Followers: 8

Kudos [?]: 195 [0], given: 50

### Show Tags

01 Oct 2010, 16:11
Went with option D

Happy to see and identify my mistake.
_________________

Support GMAT Club by putting a GMAT Club badge on your blog

Senior Manager
Status: Time to step up the tempo
Joined: 24 Jun 2010
Posts: 408
Location: Milky way
Schools: ISB, Tepper - CMU, Chicago Booth, LSB
Followers: 8

Kudos [?]: 195 [0], given: 50

### Show Tags

01 Oct 2010, 16:11
Went with option D

Happy to see and identify my mistake.

Oops. Double post. Am unable to delete this post.
_________________

Support GMAT Club by putting a GMAT Club badge on your blog

Last edited by ezhilkumarank on 01 Oct 2010, 16:46, edited 1 time in total.
Manager
Joined: 29 Aug 2010
Posts: 156
Schools: Wharton/Lauder - Class of 2013
WE 1: Project Management, Telecommunications
Followers: 3

Kudos [?]: 19 [0], given: 16

### Show Tags

01 Oct 2010, 16:39
Raths wrote:
@Redjam.
Tnx Though I have one more doubt.
How one can find out about the word which is being defined . I tht that the
last word gets defined but clearly thats not the case . I think rate is
being defined here.

It is preferred to have whatever you're expanding closest to the colon, but as you indicated it's not always the case. I haven't come across that many questions with colons in my studying but I doubt that would ever be the deciding factor in an answer. That is, there will always be other mistakes.
Manager
Joined: 07 Jan 2010
Posts: 147
Location: So. CA
WE 1: 2 IT
WE 2: 4 Software Analyst
Followers: 2

Kudos [?]: 62 [0], given: 57

### Show Tags

02 Oct 2010, 08:28
What makes B better than E? I picked E.
Manager
Joined: 17 May 2010
Posts: 122
Location: United States
Concentration: Entrepreneurship, Marketing
Schools: USC (Marshall) - Class of 2013
GMAT 1: 770 Q50 V46
GPA: 3.26
WE: Brand Management (Consumer Products)
Followers: 8

Kudos [?]: 41 [0], given: 5

### Show Tags

03 Oct 2010, 01:43
gtr022001 wrote:
What makes B better than E? I picked E.

No parallelism. "not only on" ... "but only on"
_________________
Manager
Joined: 13 Apr 2010
Posts: 173
Location: singapore
Followers: 3

Kudos [?]: 39 [0], given: 25

### Show Tags

03 Oct 2010, 21:54
+1 for B
All others are not in parallel

not only on ......but also on
_________________

Regards,
Nagesh
My GMAT Study Plan: http://gmatclub.com/forum/my-gmat-study-plan-112833.html
Idioms List : http://gmatclub.com/forum/gmat-idioms-104283.html?hilit=idioms#p813231
--------------------------------------
Consider Kudos if you like my posts

Re: Prime Lending Rate   [#permalink] 03 Oct 2010, 21:54

Go to page    1   2    Next  [ 33 posts ]

Similar topics Replies Last post
Similar
Topics:
10 Rate of vs. Rate for 5 30 May 2010, 02:36
The prime lending rate is a key rate in the economy: not 4 18 Jun 2009, 05:12
The prime lending rate is a key rate in the economy: not 3 22 Aug 2008, 04:59
The unprecedented increases in the prime lending rate this 5 21 Jun 2007, 08:14
When the prime lending rates went up in 1987, economists 10 19 Jun 2007, 10:15
Display posts from previous: Sort by