Source: McGraw-Hill's GMAT By James Hasik, Stacey Rudnick, Ryan Hackney
Approximately $120 billion in venture capital is estimated as having poured into technology stocks during the late 1990s, creating a valuation bubble that burst in 2000.
A. Approximately $120 billion in venture capital is estimated as having poured into technology stocks during the late 1990s, creating
B. During the late 1990s approximately $120 billion in venture capital is estimated to have poured into technology stocks and created
C. During the late 1990s it is estimated that there was approximately $120 billion in venture capital that was poured into technology stocks, creating
D. It is estimated that during the late 1990s approximately $120 billion in venture capital poured into technology stocks, creating
E. It is estimated that there was approximately $120 billion in venture capital that poured into technology stocks during the late 1990s and created
ANSWER: D;
Answers B and C are incorrect because they imply that the estimation took place during the 1990s, not during the present. A is inferior to D because "estimated as having poured" is unidiomatic; E is inferior to D because it is less concise and because the ending of E could imply that the estimation refers to the creation of the bubble as well as to the $120 billion. D is the best answer.
Can someone explain more about it?
Approximately $120 billion in venture capital is estimated as having poured into technology stocks during the late 1990s, creating a valuation bubble that burst in 2000.
A. Approximately $120 billion in venture capital is estimated as having poured into technology stocks during the late 1990s, creating
B. During the late 1990s approximately $120 billion in venture capital is estimated to have poured into technology stocks and created
C. During the late 1990s it is estimated that there was approximately $120 billion in venture capital that was poured into technology stocks, creating
D. It is estimated that during the late 1990s approximately $120 billion in venture capital poured into technology stocks, creating
E. It is estimated that there was approximately $120 billion in venture capital that poured into technology stocks during the late 1990s and created
ANSWER: D;
Answers B and C are incorrect because they imply that the estimation took place during the 1990s, not during the present. A is inferior to D because "estimated as having poured" is unidiomatic; E is inferior to D because it is less concise and because the ending of E could imply that the estimation refers to the creation of the bubble as well as to the $120 billion. D is the best answer.
Can someone explain more about it?
Last edited by akhpad on Tue Apr 06, 2010 8:38 pm, edited 1 time in total.
