Explanation:

Let’s break it down step by step:

- ‘economy and work related’ ? ‘oj my bx st’

‘work and employment today’ ? ‘pk bx oj dy’

‘employment for growth only’ ? ‘el pk fd zn’

‘growth is related today’ ? ‘el dy gm my’

- Matching up words that repeat, we see:

- ‘bx’ is in line 1 & 2: ‘work’ and ‘and’ are repeated; match across clues

- ‘pk’ is for ‘employment’ (from 2 and 3)

- ‘dy’ and ‘el’ link ‘today’, ‘growth’, and ‘employment’—trace those overlaps

- Line 1 & 2 both have ‘work and’; the overlap is ‘oj bx’ and ‘oj bx’.

- ‘oj’ and ‘bx’ must be ‘work’ and ‘and’.

- Matching further, you work out:

- ‘related’ is ‘my’ (from lines 1 and 4—‘related’ and ‘my’ both appear)

- ‘employment’ is ‘pk’ (lines 2 & 3 with word & code overlap)

- ‘growth’ is ‘el’ (from lines 3 & 4)

- ‘today’ is ‘dy’

- ‘only’ is ‘fd’

- ‘for’ is ‘zn’

- From ‘related people only’ = ‘xd my fd’ ?

- Since ‘my’ = ‘related’, ‘fd’ = ‘only’, so ‘xd’ = ‘people’.

- ‘People for decision’:

- ‘people’ = ‘xd’

- ‘for’ = ‘zn’

- ‘decision’ = not in the original clues, so a new code (say ‘kz’).

- So possible code: zn xd kz (order can change).

Now, looking at your options:

1. to xd my — ‘to’ and ‘my’ are off; ‘my’ is ‘related’, but here we want ‘for decision’

2. zn xd fd — ‘fd’ is ‘only’, not needed here

3. zn xd dy — ‘dy’ is ‘today’, not needed here

4. zn kz xd — matches our finding: ‘zn’ (for), ‘xd’ (people), ‘kz’ (decision)

5. kz fd xd — again brings in ‘fd’ for ‘only’, which isn’t part of the phrase we want

Correct Answer:

Option 4: zn kz xd