English and Logical Reasoning Prep GuideEnglishParagraph Organization
Directions: In each of the following questions a short passage is given with one of the lines in the passage missing and represented by a blank. Select the best out of the five answer choices given, to make the passage complete and coherent (coherent means logically complete and sound). At its heart, capitalism is a financial system. Every entity in the economy, whether an individual, a household, a business, or a st
Options
- ADespite this fact, most of our understanding of the macro-economy is based on the national accounts system whi
- BGiven such lacunae, an alternative approach was originally suggested in 1947 by Morris Copeland, who promoted
- CThese accounts examine flows across six sectors — households, government, private corporations, banks, o
- DDespite the availability of the data, there have been very few attempts to provide a description of the moneta
Correct answer
A. Despite this fact, most of our understanding of the macro-economy is based on the national accounts system whi
Step-by-step solution
As we can observe the whole paragraph talks about the Macroeconomic approach and its drawbacks, option A is the only sentence among the given ones that fits the blank most appropriately. Though the word ‘approach’ in the sentence following the blank and in the sentence given as option B indicates a possible link at the first glance, the usage of the word ‘lacunae’ in option B confirms that it must follow the last sentence of the given paragraph as the last sentence of the paragraph specifies