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Since February, the Federal Reserve has raised its

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

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New post 27 Mar 2007, 10:29
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A
B
C
D
E

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Since February, the Federal Reserve has raised its short-term interest rate target five times, and because of the economy’s continued strength, analysts have been predicting for weeks that the target will be raised again in November.

A. because of the economy’s continued strength, analysts have been predicting for weeks that the target will

B. with the economy’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 economy’s continued strength, analysts have been predicting for weeks that the target

E. due to the fact of the economy’s continued strength, analysts predicted for weeks that the target will

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Director
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 [#permalink]

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New post 27 Mar 2007, 11:03
B/W B and C...I would choose C because of the subjunctive would.

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VP
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New post 27 Mar 2007, 11:19
I think the use of present perfect "have been predicting" is appropriate since the action started in the past and still continuing in the present. Hence, I am debating b/w A and D.
I remember something like when utilizing wishful thinking, you are supposed to use "to be" in the indefinite form regardless of the time the action takes place. If I remember it correctly, "be raised" here would be correct. I believe it's D, although I am not sure (I don't have MGMAT's SC book in front of me)!

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Senior Manager
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 [#permalink]

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New post 27 Mar 2007, 11:56
I think that we can not use DUE TO here.
So I choose A.

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Manager
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Schools: Ross, Kellogg, Darden (i/v)
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New post 28 Mar 2007, 02:02
I am going for D.
Was dilly dallying between B and D, but D looked better in the end.
Whats the OA?

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Senior Manager
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 [#permalink]

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New post 29 Mar 2007, 07:07
C...

D and E are totally wrong because of due to. You can't use due to before subject+verb

A's "economy’s continued strength" is wrong

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Manager
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OA is... [#permalink]

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New post 29 Mar 2007, 09:31
OA is A.
Regret delay in posting the OA...

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OA is...   [#permalink] 29 Mar 2007, 09:31
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Since February, the Federal Reserve has raised its

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