DIRECTIONS: Choose the order of the sentences marked A, B, C, D and E to form a logical paragraph. |
A. 'It's a tricky business', says Allan H. Meltzer, an economist at Carnegie Mellon University and a former economic adviser to President Reagan. |
B. Some policy- makers are focused on staving off the opposite problem- deflation, or falling prices, as demand weakens to the point that goods pile up without buyers, sending prices down and reducing the incentive for businesses to invest. |
C. That could shrink demand further and perhaps even deliver the sort of downward spiral that pinned Japan in the weeds of stagnant growth during the 1990s. |
D. "There's no math model that tells us when to do it or how." |
E. But that, as most economists see it, is a worry for another day. |
A) ABCED
B) ACDEB
C) BCDEA
D) ADEBC
Correct Answer: D
Solution :
Clearly A has to be followed by D as D completes what Allan H. Meltzer was mentioning in A. Also B has to be followed by C as 'that could shrink demand further' is the result of what is happening in B.You need to login to perform this action.
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