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.