First interest rates has is correct

because the subject is rise

At first I saw the word interest rates and got carried away watch out for this

So eliminate C,D and E

out of A and B

We have regard to which is incorrect because it should have been regards to

So I go with B

A is unnecssarily wordy. I would go with B as well.

b

I am going with 'A'..
I have drilled down to two answer choices - 'A' and 'B'.

My reason to choose 'A' is that 'B' is 'too' concise..

(A) in regard to the issue of the budget deficit, an unanticipated rise in interest rates has

(B) on the deficit, an unanticipated rise in interest rates has

Let us say that there is another issue which is ongoing in reference to the budget deficit and the sentence is explaining about it. The second statement means that the president's position is towards the deficit and not the issue...

What is the OA?

Subject 'an unanticipated rise' needs verb 'has'. C, D and E OUT.

Between A and B....A is wordy OUT.

B is correct

sarthak wrote:Because of the business community's uncertainty about the President's position in regard to the issue of the budget deficit, an unanticipated rise in interest rates has occurred.

(A) in regard to the issue of the budget deficit, an unanticipated rise in interest rates has

(B) on the deficit, an unanticipated rise in interest rates has

(C) regarding the budgetary deficit, an unanticipated rise in interest rates have

(D) on the deficit, an unanticipated rise in interest rates have

(E) regarding the deficit, an unanticipated rise in interest rats have

source 1000 SC. WIll post OA later