In the following passage there are blanks, each of which has been numbered from 1 to 10. Choose the correct word from the given options which fits the blank appropriately. The world economy is in recession; the deepest and widest___ (1) ___the 1930s. There are___ (2) ___of___ (3) ___in the industrial countries, but most serious economic___ (4) ___anticipate that rates of___ (5) ___and level of economic activity will remain low. In all that has been written about world___ (6) ___, the___ (7) ___has been overwhelming and narrowly economic. Few have___ (8) ___the human consequences in more than a superficial manner. Not a single international study has___ (9) ___the recession’s___ (10) ___on the most vulnerable half of the world’s population, i.e., the children.
Which of these should be filled at blank (5) as per the context of the passage?
Growth
Understanding Blank 5: Economic Recession Context
The provided passage discusses the state of the world economy, describing it as being in a recession, the most severe since the 1930s. It mentions that economic indicators are expected to remain low in industrial countries.
Analyzing the Sentence for Blank 5
The key sentence surrounding blank (5) is: "...most serious economic___ (4) ___anticipate that rates of___ (5) ___and level of economic activity will remain low." We need to find a word for blank (5) that logically fits with a low "level of economic activity" during a recession.
Evaluating Option Choices for Blank 5
- Option 1: Growth - If rates of growth are low, it means the economy is not expanding or is shrinking. This directly correlates with a low level of economic activity, which is characteristic of a recession.
- Option 2: Inflation - While inflation can be low during a recession, the phrase "rates of inflation... will remain low" doesn't as strongly imply a negative economic situation as low growth does when paired with low economic activity. Low inflation itself isn't always a negative indicator.
- Option 3: Interest - Interest rates are often lowered by governments during a recession to encourage spending and investment. While they might remain low, this is more of a policy action rather than a direct measure of the economy's output being low. The link to "level of economic activity" is less direct than growth.
- Option 4: Decline - "Rates of decline" refers to how quickly things are worsening. If these rates were low, it would imply the decline is slowing down, which contradicts the idea that the overall level of economic activity will remain low in a recessionary context.
Conclusion on Blank 5
Considering the context of a global recession where economic activity is stagnant or decreasing, low rates of growth are the most logical fit. This aligns perfectly with the description that the overall level of economic activity will remain low.
Similar Questions
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Which of these should be filled at blank (4) as per the context of the passage?
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Important Questions from Cloze Test
What would come in place of 1
What would come in place of 2
What would come in place of 3
What would come in place of 4
What would come in place of 5
