Sentence Completion on Education and Economic Change
XAT 2018 · Verbal Ability & Logical Reasoning · Medium · Vocabulary
Carefully read the following statement:
The payoff from ________ in education is so ______ and _______ that it is almost ________ as a predictor of economic change over a five to ten year period.
Fill in the blanks meaningfully, in the above statement, from the following options.
- A.
Expenditure, small, insignificant, irrelevant
- B.
Productivity, small, erratic, useless
- C.
Expenditure, fast, significant, powerful
- D.
Investment, slow, erratic, useless
- E.
Investment, slow, predictable, irrelevant
D
Explanation
Returns from education investment take long periods and fluctuate, making short-to-medium term economic prediction useless.
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