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      Question

      In each of the following questions, a sentence is given

      with two blanks, indicating that something has been omitted. Choose the pair of words from the given options that best fits the context of the sentence as a whole, making it grammatically correct and contextually meaningful. If none of the given pairs fit the sentence, select 'None of the above' as your answer. Contrary to the classical economic assumption that market actors operate with flawless rationality, modern behavioural theories posit that consumer decisions are heavily influenced by a ________ of subconscious cognitive biases that consistently ________ objective financial analysis.
      A paucity, compromise Correct Answer Incorrect Answer
      B litany, facilitate Correct Answer Incorrect Answer
      C nexus, corroborate Correct Answer Incorrect Answer
      D labyrinth, validate Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      The sentence contrasts "flawless rationality" with decisions driven by biases, meaning the first blank requires a word denoting an abundance or complex web of biases, and the second blank requires a word meaning to undermine, defeat, or override (since the biases ruin objective analysis).

      • ​(a) fails because "paucity" means a lack or scarcity.
      • ​(b) fails because "facilitate" means to assist or make easier, which is the opposite of what biases do to objective analysis.
      • ​(c) fails because "corroborate" means to confirm or support.
      • ​(d) fails because "validate" means to prove correct. A correct pair would be something like "morass, subvert" or "plethora, undermine." Since all provided options contain a contradictory second word or an incorrect first word, (e) is the only logical choice

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