The last few months have been great for the economy. New cases have fallen, and economic activity is racing back to pre-pandemic levels. After a c.24%...

Question

The last few months have been great for the economy. New cases have fallen, and economic activity is racing back to pre-pandemic levels. After a c.24% contraction in the quarter ending June 2020, we expect GDP to grow by a positive 1.8% in the quarter ending December 2020. This is quite a sharp turnaround in a short period. A careful look suggests that a key driver of the rebound has been pent-up goods demand. As the lockdown ended, the production of consumer non-durables shot up, followed _(I). A large mountain of household financial savings funded this rebound.

Choose the option that can best complete the sentence (I).

Options

A.

soon by consumer durables

B.

later on customer’s desires

C.

on consumer durables

D.

soon by customer’s desires

sentence completiongrammarreading comprehensioneconomic passage

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