Abhishek009
HKD1710
Although the decline in home prices equate to an amount less than 5% of the total value of the region’s housing stocklast year, economists assert that fear of further price erosion plays a major role in declining consumer confidence.
(A) equate to an amount less
(B) equate to less
(C) equated to less
(D) equated to lower
(E) equated to a lower amount
The split is between -1. equate VS equated - equated is preferred here since the highlighted part of the sentence conveys a past incidence.
2. less VS lower - " the total value of the region’s housing stock " is countable so, less is correct.
Hence correct answer will be (C)Hi Abhishek,
Small correction in your explanation.
Less is used for uncountable nouns.
Eg: I earn less money than you.
'Lower' is used in a different context and it does not fit in the given sentence. Hence the usage of 'lower' in this question is incorrect.
Eg: The height of tower A is lower than the height of tower B.