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# Since February, the Federal Reserve has raised its

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Manager
Joined: 02 Aug 2006
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Location: Taipei
Since February, the Federal Reserve has raised its [#permalink]

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18 Oct 2006, 07:11
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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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Current Student
Joined: 29 Jan 2005
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18 Oct 2006, 07:17
We need the present perfect here to bridge the gap between the simple past and the future prediction.

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.

Kudos [?]: 434 [0], given: 0

Manager
Joined: 02 Aug 2006
Posts: 212

Kudos [?]: 343 [0], given: 0

Location: Taipei

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18 Oct 2006, 07:40
GMATT73 wrote:
We need the present perfect here to bridge the gap between the simple past and the future prediction.

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.

Hi Matt

1)Is it OK to use "because of " in GMAT ?

2)economy's continued strength is correct expression ?

Kudos [?]: 343 [0], given: 0

Current Student
Joined: 29 Jan 2005
Posts: 5206

Kudos [?]: 434 [0], given: 0

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18 Oct 2006, 08:11
jerrywu wrote:
GMATT73 wrote:
We need the present perfect here to bridge the gap between the simple past and the future prediction.

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.

Hi Matt

1)Is it OK to use "because of " in GMAT ?

2)economy's continued strength is correct expression ?

I'll try to kill two birds with one stone here Jerry.

Because of/due to + noun (economy's continued strength) are interchangably used on the exam, although the former seems to be preferred.

Kudos [?]: 434 [0], given: 0

Director
Joined: 06 Feb 2006
Posts: 893

Kudos [?]: 123 [0], given: 0

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18 Oct 2006, 11:22
GMATT73 wrote:
jerrywu wrote:
GMATT73 wrote:
We need the present perfect here to bridge the gap between the simple past and the future prediction.

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.

Hi Matt

1)Is it OK to use "because of " in GMAT ?

2)economy's continued strength is correct expression ?

I'll try to kill two birds with one stone here Jerry.

Because of/due to + noun (economy's continued strength) are interchangably used on the exam, although the former seems to be preferred.

Actually because of and due to are not interchangable....

because of + verb is correct: + noun is incorrect
due to + noun is correct: + verb is incorrect.

If the sentence have been: because of economy's strength it would have been incorrect.... we would have to say due to economy's strength

Kudos [?]: 123 [0], given: 0

Manager
Joined: 31 Aug 2006
Posts: 210

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18 Oct 2006, 11:50
(D) changes the known to unknown."will be" to "(shall) be".Hence (D) is out.Others as explained are out on tense.

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VP
Joined: 28 Mar 2006
Posts: 1367

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18 Oct 2006, 17:30
SimaQ wrote:
GMATT73 wrote:
jerrywu wrote:
GMATT73 wrote:
We need the present perfect here to bridge the gap between the simple past and the future prediction.

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.

Hi Matt

1)Is it OK to use "because of " in GMAT ?

2)economy's continued strength is correct expression ?

I'll try to kill two birds with one stone here Jerry.

Because of/due to + noun (economy's continued strength) are interchangably used on the exam, although the former seems to be preferred.

Actually because of and due to are not interchangable....

because of + verb is correct: + noun is incorrect
due to + noun is correct: + verb is incorrect.

If the sentence have been: because of economy's strength it would have been incorrect.... we would have to say due to economy's strength

Not quite SimaQ. You are incorrect on two points here.

1. The definate article "the" is required in both cases. ---> "due to the economy's strength..."

2. According to my sources, because of + noun is acceptable.

From Cambridge: Because of (thanks to) good fortune, his business flourished during poor economic times.

However, I did notice that "because of + noun" is usually followed by a positive result, while "due to + noun" is almost always followed by a negative result.

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Director
Joined: 23 Jun 2005
Posts: 840

Kudos [?]: 86 [0], given: 1

GMAT 1: 740 Q48 V42

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18 Oct 2006, 18:04
A is fine with me.

"Have been predicting" is appropriate. Only A and D stand.

D implies that the predictions are an outcome of the economy's continued strength.

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VP
Joined: 25 Jun 2006
Posts: 1161

Kudos [?]: 191 [0], given: 0

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18 Oct 2006, 19:02
Is there a missing "will" in D?

if so, i go for D.

otherwise I go for A.

Kudos [?]: 191 [0], given: 0

18 Oct 2006, 19:02
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