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# Since February, the Federal Reserve has raised its

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Manager
Joined: 06 Oct 2004
Posts: 59

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Since February, the Federal Reserve has raised its [#permalink]

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21 Mar 2005, 21:46
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Since February, the Federal Reserve has raised its short-term interest rate target five times, and because of the economyâ€™s continued strength, analysts have been predicting for weeks that the target will be raised again in November.

A. because of the economyâ€™s continued strength, analysts have been predicting for weeks that the target will
B. with the economyâ€™s strength continuing, analysts predicted for weeks that the target
C. because the economy continues strong, analysts predicted for weeks that the target would
D. due to the economyâ€™s continued strength, analysts have been predicting for weeks that the target
E. due to the fact of the economyâ€™s continued strength, analysts predicted for weeks that the target will

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GMAT Club Legend
Joined: 07 Jul 2004
Posts: 5039

Kudos [?]: 424 [0], given: 0

Location: Singapore

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21 Mar 2005, 22:16
A. because of the economyâ€™s continued strength, analysts have been predicting for weeks that the target will
- present perfect tense is correct.

B. with the economyâ€™s strength continuing, analysts predicted for weeks that the target
- predicted is in the wrong tense, 'economy's strenght continuing' is awkward

C. because the economy continues strong, analysts predicted for weeks that the target would
- 'continues strong' is awkward

D. due to the economyâ€™s continued strength, analysts have been predicting for weeks that the target
- 'target be raised' is awkward

E. due to the fact of the economyâ€™s continued strength, analysts predicted for weeks that the target will
- 'to the fact' is redundant

A it is.

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VP
Joined: 13 Jun 2004
Posts: 1114

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Location: London, UK
Schools: Tuck'08

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22 Mar 2005, 08:03
I had an hesitation between A and D
I would have chosen D
However after reading the posts of other members I feel that the OA is A

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

22 Mar 2005, 08:03
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