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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]

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03 Oct 2012, 14:35
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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. 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

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Re: Many financial experts believe that policy makers at the Fed [#permalink]

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03 Oct 2012, 19:23
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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}
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Re: Many financial experts believe that policy makers at the Fed [#permalink]

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03 Oct 2012, 22:03
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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 .
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Re: Many financial experts believe that policy makers at the Fed [#permalink]

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04 Oct 2012, 00:26
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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.
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Re: Many financial experts believe that policy makers at the [#permalink]

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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
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Re: Many financial experts believe that policy makers at the [#permalink]

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16 Jan 2013, 06:45
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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
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Re: Many financial experts believe that policy makers at the [#permalink]

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02 Sep 2013, 22:05
I got this question in my GMAT Prep yesterday. I am sure that I couldn't nail this problem because of lack of conceptual clarity.

When I looked at option A, I felt the phrase between the commas is an '-ing' modifier and hence it doesn't modify the closest noun/noun phrase - "policy makers at the Federal Reserve". Instead, the modifier modifies "how experts believe?"

So, I felt may be C is better in adding 'Who', though I was really not sure.

Could somebody help me where am I wrong in my reasoning?

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Many financial experts believe that policy makers at the Fed [#permalink]

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13 Apr 2014, 10:31
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 interest 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

Thanks,

Last edited by carcass on 13 Apr 2014, 14:48, edited 1 time in total.

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Re: Many financial experts believe that policy makers at the [#permalink]

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13 Apr 2014, 15:03
Merged similar topic. Refer to the above explanation.

Do not esitate to ask if something remains unclear.

Use the search button before to post a question.

Regards
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Re: Many financial experts believe that policy makers at the Fed [#permalink]

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28 May 2014, 20:54
Edvento wrote:
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.

Hi,
I need your expert opinion on this. I find no mistake in D except for "that of", because it does not refer to anything. As for who pronoun, I think it perfectly clear that it is modifying the "policy makers" and not the "at the Federal Reserve". If it was not for "that of", I believe correct answer would have been D. According to e-gmat, verb-ing modifies the whole clause if the verb-ing comes after the clause. All in all, this is not good question.))) plus, I did not like " will be" as it changed the meaning.

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Re: Many financial experts believe that policy makers at the [#permalink]

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28 May 2014, 22:39
Hi Samatace,

Please be advised that even from Idiom perspective on the GMAT - 'Between that of .... and' is an incorrect idiom.

Hence D is out of scope.

A is the best option, as it uses the 'ing' modifier in the right way inorder to deliver the correct intended meaning.

If you still have questions, i can try to help.

Thanks
Amit
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Re: Many financial experts believe that policy makers at the [#permalink]

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05 Aug 2014, 05:40
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gmatter0913 wrote:
I got this question in my GMAT Prep yesterday. I am sure that I couldn't nail this problem because of lack of conceptual clarity.

When I looked at option A, I felt the phrase between the commas is an '-ing' modifier and hence it doesn't modify the closest noun/noun phrase - "policy makers at the Federal Reserve". Instead, the modifier modifies "how experts believe?"

So, I felt may be C is better in adding 'Who', though I was really not sure.

Could somebody help me where am I wrong in my reasoning?

@gmatter0913......

This is to throw clarity on why exactly option C is wrong......

Constructions (Phrases) appearing between two commas, unless they are part of a list (X, Y, and Z), are modifiers and can therefore be deleted from the sentence.

That means if you strike out the modifier (between the commas), the sentence should make sense....

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

You See the statement becomes.....
Many financial experts believe that policy makers at the Federal Reserve who are almost certain to leave interest rates unchanged for the foreseeable future.

It does not make sense. it is an incomplete statement...Thats why C is totally wrong

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Many financial experts believe that policy makers at the Federal Reser [#permalink]

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11 Feb 2015, 06:51
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This sentence is from GMAT Prep

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:
A

I am curious about the use of 'as'. 'as balanced' -> ?? I thought that as should be in the structure 'as + Clause'. whenever it does not play as a function sentence. (As I use 'as' here. )

but I have no idea with as believed ----> how is it correct.

Moreover the v.ing 'viewing' in the clause seems to modify policy makers, but is it not an error since it should modify the subject of the clause and there's no clause before it other than 'Many financial experts believe that'. So it should modify Many financial experts believe that.

Thank you this is so confusing.

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Re: Many financial experts believe that policy makers at the [#permalink]

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11 Feb 2015, 07:09
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Meged similar topic. See the above explanation to clarify

# 1 rule is: Use the search button

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Re: Many financial experts believe that policy makers at the [#permalink]

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28 Sep 2015, 01:17
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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. Reserve, now viewing the economy as balanced between moderate growth and low inflation, are - Looks okay keep
B. Reserve, now viewing the economy to be balanced between that of moderate growth and low inflation and are - Between X and Y. X and Y not parallel. eliminate
C. Reserve who, now viewing the economy as balanced between moderate growth and low inflation, are - who ? - eliminate
D. Reserve, (who now view the economy to be balanced between that of moderate growth and low inflation), will be - Read sentence without brackets..makes no sense. eliminate
E. Reserve, which now views the economy to be balanced between moderate growth and low inflation, is - SV doesn't match.

Hence A

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Re: Many financial experts believe that policy makers at the [#permalink]

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28 Sep 2015, 07:40
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A. Reserve, now viewing the economy as balanced between moderate growth and low inflation, are --- Correct
B. Reserve, now viewing the economy to be balanced between that of moderate growth and low inflation and are --- reference for that of is really not satisfying
C. Reserve who, now viewing the economy as balanced between moderate growth and low inflation, are --- Use of 'who' is horrible here.
D. Reserve, who now view the economy to be balanced between that of moderate growth and low inflation, will be --- SVA
E. Reserve, which now views the economy to be balanced between moderate growth and low inflation, is --- 'is' can't be used, noun is plural

A
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Re: Many financial experts believe that policy makers at the [#permalink]

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17 Oct 2016, 18:10
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Re: Many financial experts believe that policy makers at the [#permalink]

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16 Oct 2017, 19:56
For those still not convinced by why D is wrong.

A lot of folks here have said that D is wrong because WHO refers to fed reserve. this reason is WRONG because WHO can STILL refer to policy makers.

Consider the following:
1. He said that he knows policy makers, who are nice, are good at small talk.
2. He said that he knows policy makers at the fed reserve, who are nice, are good at small talk.

both are correct because in #2 "at the fed reserve" is modifying policy makers. WHO can jump the modifier and refer to policy makers. Look at: http://gmatclub.com/forum/noun-modifier ... 35868.html for more info. this shows that noun modifiers can be far away when there is ANOTHER modifier in the middle.

The real reasons why D is wrong:
1. the presence of will be leads to an awkward sentence. "experts believe that policy makers will be almost certain to...." this will be.. to.. leads to an awkward sentence. Also, there is no indication in the sentence that experts believe that policy makers will do something in the future.
2. wrong idiom is used "view x TO BE Y." correct idiom is view x AS Y.

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Re: Many financial experts believe that policy makers at the   [#permalink] 16 Oct 2017, 19:56
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