In the sentence: 'The sudden surge in interest rates served as an impetus for developers to accelerate project completions before financing costs ballooned,' the word 'impetus' is closest in meaning to...
Answer and explanation
Correct answer: B. Catalyst or driving incentive
- Step 1: Context shows interest rate increases motivated developers to move faster. Step 2. 'Impetus' denotes a driving force, stimulus, or catalyst. Answer: Catalyst or driving incentive. Why not the others: An impediment is an obstacle, which contradicts accelerating action.
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