Monday, April 17, 2006

Qn:750

The Federal Reserve Board’s reduction of interest rates on loans to financial institutions is both an acknowledgement 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 acknowledgement of past economic trends and an effort
(B) reduction of interest rates on loans to financial institutions is an acknowledgement both of past economic 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 financial institutions is an acknowledgement both of past economic trends and an effort
(E) reducing interest rates on loans to financial institutions both acknowledge past economic trends as well as attempt



Official Answer: A
posted by GMAT Aspire at Monday, April 17, 2006

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