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The Federal Reserve Board's reduction of interest rates on

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The Federal Reserve Board's reduction of interest rates on  [#permalink]

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Updated on: 18 Aug 2017, 04:35
1
7
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Difficulty:

15% (low)

Question Stats:

78% (01:18) correct 22% (01:21) wrong based on 183 sessions

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The Federal Reserve Board's reduction of interest rates on loans to financial institutions is both an acknowledgment of past economic trends and an effort to influence their future direction.

A. reduction of interest rates on loans to financial institutions is both an acknowledgment of past economic trends and an effort

B. reduction of interest rates on loans to financialinstitutions is an acknowledgment both of pasteconomic trends as well as an effort

C. reduction of interest rates on loans to financialinstitutions both acknowledge past economictrends and attempt

D. reducing interest rates on loans to financialinstitutions is an acknowledgment both of pasteconomic trends and an effort

E. reducing interest rates on loans to financial institutions both acknowledge past economic trends as well as attempt

Originally posted by goalsnr on 18 Jul 2008, 08:22.
Last edited by broall on 18 Aug 2017, 04:35, edited 1 time in total.
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Re: The Federal Reserve Board's reduction of interest rates on  [#permalink]

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18 Jul 2008, 08:49
1
goalsnr wrote:
The Federal Reserve Board's reduction of interest rates on loans to financial institutions is both an acknowledgment of past economic trends and an effort to influence their future direction.

A. reduction of interest rates on loans to financial institutions is both an acknowledgment of past economic trends and an effort

B. reduction of interest rates on loans to financialinstitutions is an acknowledgment both of pasteconomic trends as well as an effort

C. reduction of interest rates on loans to financialinstitutions both acknowledge past economictrends and attempt

D. reducing interest rates on loans to financialinstitutions is an acknowledgment both of pasteconomic trends and an effort

E. reducing interest rates on loans to financial institutions both acknowledge past economic trends as well as attempt

WHy is C incorrect?

C -- Sub -Verb Agreements.
Board's reduction -- acknowledge (should be acknowledges)

for idiom "Both X and Y" --> Can X and Y be verbs?????? Can someone through lights on this.

A is good.
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Re: The Federal Reserve Board's reduction of interest rates on  [#permalink]

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21 Jul 2008, 09:42
OA is A

1. We need a Noun "reduction" and not a "participle" to give menaing to the SC.
-> D,E are out

2. Both X and Y is an idiom
B,E are out

3. Noun - "reduction" is singular ,
"acknowledge " and "attempt " are plural .
C->Out

The Federal Reserve Board's reduction of interest rates on loans to financial institutions is both an acknowledgment of past economic trends and an effort to influence their future direction.

A. reduction of interest rates on loans to financial institutions is both an acknowledgment of past economic trends and an effort

B. reduction of interest rates on loans to financialinstitutions is an acknowledgment both of pasteconomic trends as well as an effort

C. reduction of interest rates on loans to financialinstitutions both acknowledge past economictrends and attempt

D. reducing interest rates on loans to financialinstitutions is an acknowledgment both of pasteconomic trends and an effort

E. reducing interest rates on loans to financial institutions both acknowledge past economic trends as well as attempt
VP
Joined: 17 Jun 2008
Posts: 1225
Re: The Federal Reserve Board's reduction of interest rates on  [#permalink]

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21 Jul 2008, 09:55
1
goalsnr wrote:
OA is A

1. We need a Noun "reduction" and not a "participle" to give menaing to the SC.
-> D,E are out

2. Both X and Y is an idiom
B,E are out

3. Noun - "reduction" is singular ,
"acknowledge " and "attempt " are plural .
C->Out

The Federal Reserve Board's reduction of interest rates on loans to financial institutions is both an acknowledgment of past economic trends and an effort to influence their future direction.

A. reduction of interest rates on loans to financial institutions is both an acknowledgment of past economic trends and an effort

B. reduction of interest rates on loans to financialinstitutions is an acknowledgment both of pasteconomic trends as well as an effort

C. reduction of interest rates on loans to financial institutions both acknowledge past economic trends and attempt

D. reducing interest rates on loans to financialinstitutions is an acknowledgment both of pasteconomic trends and an effort

E. reducing interest rates on loans to financial institutions both acknowledge past economic trends as well as attempt

Yes true acknowledge(plural) and attempt are not in agreement with reduction.Again here
both is not linked correctly to trends and attempt but rather appears
to be linked with financial institutions.
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Re: The Federal Reserve Board's reduction of interest rates on  [#permalink]

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21 Jul 2008, 10:05
The Federal Reserve Board's reduction of interest rates on loans to financial institutions is both an acknowledgment of past economic trends and an effort to influence their future direction.

A. reduction of interest rates on loans to financial institutions is both an acknowledgment of past economic trends and an effort

B. reduction of interest rates on loans to financialinstitutions is an acknowledgment both of pasteconomic trends as well as an effort

C. reduction of interest rates on loans to financialinstitutions both acknowledge past economictrends and attempt

D. reducing interest rates on loans to financialinstitutions is an acknowledgment both of pasteconomic trends and an effort

E. reducing interest rates on loans to financial institutions both acknowledge past economic trends as well as attempt

This is how I worked this out.

D and E are out because reduction is required instead of reducing.

Amongst A, B and C

I broke the sentence down.

In A

i. reduction of interest rates on loans to financial institutions is an acknowledgment of past economic trends.
ii reduction of interest rates on loans to financial institutions is an effort to influence financial institutions future direction.

In C

i. reduction of interest rates on loans to financial institutions acknowledge past economic trends.
ii reduction of interest rates on loans to financial institutions attempt to influence financial institutions future direction.

Attempt to - for plural subject

Hope it helps

We need to be cautious when we say what is plural.

For eg

He made several attempts to clear his exam.

when used as an object , attempts is plural...

when used as a verb attempts is a singular verb.
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Joined: 20 Aug 2015
Posts: 9
GMAT 1: 710 Q49 V37
Re: The Federal Reserve Board's reduction of interest rates on  [#permalink]

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07 May 2016, 23:55
Hi folks,

I am replying in response to a question here regarding the usage of both..and to link two verbs.
if anyone is interested to know the usage of both...and (not only...but also usage is mentioned as well) please go through the examples under the link :
http://www.grammar-quizzes.com/conj-paired.html
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Re: The Federal Reserve Board's reduction of interest rates on  [#permalink]

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31 Dec 2016, 09:34
Can some one throw some light on the use of 'reduction' instead of 'reducing' here.
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Posts: 1338
Re: The Federal Reserve Board's reduction of interest rates on  [#permalink]

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31 Dec 2016, 16:03
1
ynk Generally, if we want a noun and there's a noun form available (reduction vs. reducing), we'll go with that. We say "I am involved in research, development, and manufacturing" because there's no word "manufaction" or "manufacturement." We don't want to go with "researching, developing, and manufacturing" for parallelism's sake, unless of course we are using all those words as verbs.

The form possessive + -ing used in D and E ("the Board's reducing") can certainly be correct in other circumstances:

Do you mind my eating the last cookie?
I object to your [i]arriving
late.[/i]

In the first case, "eating" is our only option, since there is no separate noun form for "eat." However, in the second case, there is a noun form available. I could have said "I object to your late arrival." However, in this case the meaning changes slightly. In the example above, I might object to the idea of you arriving late, even if it hasn't happened yet. I could use this form before or after the fact. In the "arrival" version, it sounds like you've already arrived late, and now I don't like it.

If you want to see an official Q that shifts between -ing and standard noun forms, check this out. The correct answer only uses -ing for nouns when no other form is available.

building-from-civilization-83997.html
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Re: The Federal Reserve Board's reduction of interest rates on  [#permalink]

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10 Sep 2018, 01:52
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Re: The Federal Reserve Board's reduction of interest rates on &nbs [#permalink] 10 Sep 2018, 01:52
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