GMAT Sentence Correction

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Source: OG

Level: 3

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 financial institutions is an acknowledgment 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 acknowledgment 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

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