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22 May 2022, 22:28
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C
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
5%
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Question Stats:
95% (01:22) correct
5%
(01:15)
wrong
based on 62
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The difference between the reference rate which banks borrow unsecured funds at and the yield on U.S. treasuries has climbed to a three-month high, and this leads economists to fear a further deterioration in the creditworthiness of financial firms.
A) the reference rate which banks borrow unsecured funds at and the yield on U.S. treasuries has climbed to a three-month high, and this leads economists to fear
B) the reference rate that banks borrow unsecured funds at with the yield on U.S. treasuries has climbed to a three-month high, leading economists to fear
C) the reference rate at which banks borrow unsecured funds and the yield on U.S. treasuries has climbed to a three-month high, leading economists to fear
D) the reference rate at which banks borrow unsecured funds and the yield on U.S. treasuries has climbed to a three-month high, and this leads economists to fear
E) the reference rate which banks borrow unsecured funds and the yield on U.S. treasuries has climbed to a three-month high, which is leading economists to fear
22 May 2022, 22:28
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For forum member aspirants and non-experts:
All correct answers that contain good explanations will be awarded ONE KUDOS.
Exceptional answers may be "bumped" to Best Community Reply.
Kudos will be awarded after the OE is posted.
All correct answers that contain good explanations will be awarded ONE KUDOS.
Exceptional answers may be "bumped" to Best Community Reply.
Kudos will be awarded after the OE is posted.
kungfury42
Joined: 07 Jan 2022
Last visit: 31 May 2023
Posts: 583
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Schools: NUS '25 (A)
GMAT 1: 740 Q51 V38
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22 May 2022, 22:47
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I believe the answer should be C.
(A) "and this leads economists to fear" makes it sound like a generalized statement and not contextualized to the current scenario.
(B) the construction "difference between X with Y" is incorrect. "And" should come in place of "with"
(D) Same as A
(E) missing "at" as a connector between references rates and banks' action of borrowing funds
Posted from my mobile device
(A) "and this leads economists to fear" makes it sound like a generalized statement and not contextualized to the current scenario.
(B) the construction "difference between X with Y" is incorrect. "And" should come in place of "with"
(D) Same as A
(E) missing "at" as a connector between references rates and banks' action of borrowing funds
Posted from my mobile device
