In the sentence 'The minister's candid remarks were hardly a panacea for the budget crisis, though they did ease some public anxiety', what does 'panacea' most nearly mean?

Answer and explanation

Correct answer: C. A complete cure for every aspect of a problem

  1. Step 1: 'Hardly a ... though they did ease some anxiety' shows the remarks helped partly but did not solve the problem.
  2. Step 2: A 'panacea' is a remedy believed to solve all difficulties.
Answer
A complete cure for every aspect of a problem.
Why not the others: The other meanings (apology, delay, audit) do not fit the contrast with partial relief.

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