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20 Aug 2021, 09:10
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Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
5%
(low)
Question Stats:
89% (00:54) correct
11%
(00:59)
wrong
based on 102
sessions
History
Date
Time
Result
Not Attempted Yet
The Bank of Australia raised its principal interest rate by a half percentage point to 5.25%, which is expected to cool demand and make future increases less likely.
A. The Bank of Australia raised its principal interest rate
B. The Bank of Australia’s principal interest rate raised
C. The Bank of Australia raised its principal interest rates
D. The Bank of Australia raised it principal interest rate
E. The Bank of Australia raised it principal interest rates
A. The Bank of Australia raised its principal interest rate
B. The Bank of Australia’s principal interest rate raised
C. The Bank of Australia raised its principal interest rates
D. The Bank of Australia raised it principal interest rate
E. The Bank of Australia raised it principal interest rates
30 Aug 2021, 08:46
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A. The Bank of Australia raised its principal interest rate
RIGHT ANSWER - This correclty tells us that there is just 1 'Principal' interest rate and that this was raised by the Bank itself.
B. The Bank of Australia’s principal interest rate raised
REJECTED - This option does not specify who raised the Principal Interest Rate.
C. The Bank of Australia raised its principal interest rates
REJECTED - There is just 1 principal Interest rate. THe question gives us 2 clues - a) Principal - means 1. b) 5.25% also implies just 1 rate.
D. The Bank of Australia raised it principal interest rate
REJECTED - It has to be 'The Bank of Australia raised it's ...'
E. The Bank of Australia raised it principal interest rates
REJECTED - It has to be 'The Bank of Australia raised it's ...'
RIGHT ANSWER - This correclty tells us that there is just 1 'Principal' interest rate and that this was raised by the Bank itself.
B. The Bank of Australia’s principal interest rate raised
REJECTED - This option does not specify who raised the Principal Interest Rate.
C. The Bank of Australia raised its principal interest rates
REJECTED - There is just 1 principal Interest rate. THe question gives us 2 clues - a) Principal - means 1. b) 5.25% also implies just 1 rate.
D. The Bank of Australia raised it principal interest rate
REJECTED - It has to be 'The Bank of Australia raised it's ...'
E. The Bank of Australia raised it principal interest rates
REJECTED - It has to be 'The Bank of Australia raised it's ...'
