Capital was made available at extremely low near zero interest rates This policy clearly ignored the...........

English ( Master) Sentence Completion

Capital was made available at extremely low, near-zero interest rates; This policy clearly ignored the lessons from the run-up to the 2008 crisis; the crisis was the culmination of a trajectory of growth in which debt-financed private investment and consumption provided the demand-side stimulus for growth; As a result, private sector balance sheets were overburdened with debt that firms and households found difficult to service in the midst of a recession.

The policy of Capital being made available at extremely low, near-zero interest rates ignored the lessons from the run-up to the 2008 crisis, which was the culmination of a trajectory of growth in which debt-financed private investment and consumption provided the demand-side stimulus for growth and led to private sector balance sheets being overburdened with debt, that firms and households found difficult to service in the midst of a recession.

After Capital was made available at extremely low, near-zero interest rates, it ignored the lessons from the run-up to the 2008 crisis in which debt-financed private investment and consumption provided the demand-side stimulus for growth and as a result, private sector balance sheets were overburdened with debt that firms and households found difficult to service in the midst of a recession

The 2008 crisis was the culmination of a trajectory of growth in which debt-financed private investment and consumption provides the demand-side stimulus for growth and was led by private sector balance sheets being overburdened with debt that firms and households found difficult to service in the midst of a recession and the policy of Capital being made available at extremely low, near-zero interest rates ignored the lessons from the run-up to the 2008 crisis.

Firms and households found difficult to service in the midst of a recession and thus debt-financed private investment and consumption provided the demand-side stimulus for growth and led to private sector balance sheets becoming overburdened with debt which in turn followed the policy of Capital being made available at extremely low, near-zero interest rates and ignored the lessons from the run-up to the 2008 crisis

None of the above

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Explanation:

Correct answer is (c). Statement B is sequenced incorrectly – ‘..consumption provided the demand-side stimulus for growth and as a result, private sector balance sheets were overburdened..’.
Statement C is grammatically incorrect– ‘..in which debt-financed private investment and consumption provides the demand-side stimulus..’.
Statement D is illogical. Statement A is correct and states everything right grammatically as well as contextually. Hence, option A is the correct answer.