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pradyot
The supply of oil being finite has become an economical and political consideration of the first magnitude for all modern industrial nations.
(A) The supply of oil being finite has become an economical
(B) The finite supply of oil has become an economical
(C) That the supply of oil is finite has become an economical
(D) The supply of oil being finite has become an economic
(E) That the supply of oil is finite has become an economic

My ans: D

Reasoning: The correct phrase would be 'economic and political consideration'. Eliminates A, B, C. I find E to be rather complex, whereas D expresses the same idea in a lucid way.


I think 'E' is the best!

(Actually I selected 'B' first :( )
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pradyot
[u]

My ans: D

Reasoning: The correct phrase would be 'economic and political consideration'. Eliminates A, B, C. I find E to be rather complex, whereas D expresses the same idea in a lucid way.


Pradyot, I also had the same problem. I have convinced myself with the following explanation,

"The supply of being finite" is a participle phrase (a fancy name for -ing form + some modifiers) and it can be only an adjective. It cannot be noun.

Either you need to add a noun to this sentence for e.g,
The supply of oil being finite, they decided to import some more from Iraq!

OR you need to a that, which, who ... called a relative pronoun to this phrase above to make it a proper modifier

That the supply of oil ....

HTH.
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I think B should be it. It is very concise and conveys the meaning well. OA / OE pls
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I went with E for 2 reasons

1. the diff between "economical" and "economic", the former implies being cheap, which ofcourse is not what the sentence wishes to convey and "economic" implies something to do with economics - which is what we want, so A,B and C are ruled out

2. the sentence implies that the nations "realized" about the finite supply of oil and so the usage of "that"

E satisfies both.
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pradyot
The supply of oil being finite has become an economical and political consideration of the first magnitude for all modern industrial nations.

(A) The supply of oil being finite has become an economical
(B) The finite supply of oil has become an economical
(C) That the supply of oil is finite has become an economical
(D) The supply of oil being finite has become an economic
(E) That the supply of oil is finite has become an economic

My ans: D

Reasoning: The correct phrase would be 'economic and political consideration'. Eliminates A, B, C. I find E to be rather complex, whereas D expresses the same idea in a lucid way.

RULE:
economic is for issues related to the ECONOMY/SOCIETY
economical is for financial management / "personal finance" related issues (eg my car is economical)

thus eliminate A,B,C...voted for D, but believe E is better....not sure exactly on which rule i base it.....more than happy to accept objections on my rule ;-)
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Hmm..E
Reading the answer options vertically we realize that "economic i.e. monetary" is the word we should be looking for rather than "economical i.e. efficient".
Therefore that brings down the ans option to D & E.

Now between D & E, it is preferable that we be wary of "being" (Source - MGMAT SC) in a sentence unless the sentence with "being" is the only grammatically correct one.

Therefore the preference of E over D.

R J

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The supply of oil being finite has become an economical and political consideration of the first magnitude for all modern industrial nations.

(A) The supply of oil being finite has become an economical
(B) The finite supply of oil has become an economical
(C) That the supply of oil is finite has become an economical
(D) The supply of oil being finite has become an economic -Awkward construction, the supply has not become a concern
(E) That the supply of oil is finite has become an economic- Clear and correct
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D is wrong because ‘being; is the incorrect verb form. It is used for situations where the action or state of being is not permanent but that the supply of oil is finite is permanent. ‘economical’ is the wrong adjective. It does not mean ‘relating to the economy’ it means ‘affordable’. This means that A B and C are also out.

E is the right answer.
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Hi Daagh or gmatninja .
can any one help me with this one. According to me it should be D.
I rejected E because GMAT avoid the use of THAT THE as starting they always prefer that should be followed by some verb. So can any one help me on this why E is right
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@Aman1012-

In this sentence "that' is a demonstrative pronoun used as a specifier/modifier to supply- which supply? That supply. GMAT allows the use of demonstrative adjectives when they come right before the subject they modify- which in this case it does.

Hope that helps- let me know
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lakshya14
Why "economical" is wrong?
Hello, lakshya14. Although it can be tempting to force economical into a parallel construct with political, and, furthermore, people sometimes use the terms economic and economical interchangeably, the extra letters on the end of the latter change the meaning of the word to something akin to sparing or frugal. An economical decision, for instance, would be one in which only the essentials were emphasized; an economic decision, on the other hand, would be one that pertained to the economy, to material resources, to finance, or the like. You can read more about the split in this article from Dictionary.com.

I hope that helps. If you have further questions, let me know.

- Andrew
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