Since February, the Federal Reserve has raised its short-term interest rate target five times, and because of the economy's continued strength, analysts have been predicting for weeks that the target will be raised again in November.
A. because of the economy's continued strength, analysts have been predicting for weeks that the target will
B. with the economy's strength continuing, analysts predicted for weeks that the target
C. because the economy continues strong, analysts predicted for weeks that the target would
D. due to the economy's continued strength, analysts have been predicting for weeks that the target
E. due to the fact of the economy's continued strength, analysts predicted for weeks that the target will
To express the FUTURE-IN-THE PAST -- an action expected to take place after another past action -- we use
would:
B:
analysts predicted that the target be raised
Here, to express what was expected to happen after analysts
predicted, we must use
would:
analysts predicted that the target WOULD be raised
Eliminate B.
C:
continues strong
Here,
strong (adjective) cannot serve to modify
continues (verb).
Eliminate C.
due to X is an ADJECTIVE that must serve to modify a NOUN.
In D, it is not clear what noun is
due to the economy's continued strength.
In E, it is not clear what noun is
due to the fact.
Eliminate D and E.
The correct answer is
A.
The present perfect (
have + VERBed) serves to express an past action that affects the PRESENT.
OA:
analysts have been predicting for weeks that the target will be raised in November
Here,
have been predicting (present perfect) expresses an action that affects the PRESENT.
Thus, to convey action expected to happen after the present moment, the OA correctly uses
will.
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