The period of
may be regarded as medium-term.
a) One week to six weeks
b) One month to six months
c) One year to five years
d) None of the above
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Answer:
from two to ten years as medium term
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We are provided with different periods of time and we are asked the question which will be regarded as medium-term. The period regarded as medium-term will be from one year to five years which is the c) option.
- The terms can be broadly divided into three different periods of time.
- This time period is very important when we plan on doing something within a particular time period.
- For anything worthwhile to be carried out with the help of plans, any period below 1 year is considered to be short-term.
- From 1 year to the five periods is considered medium-term and above five years is considered long-term.
- This is the reason even in economics, we have the plans divided into annual plans, short-term plans, and five-year(long-term) plans.
- So as the time period of one year to five years is given in the third option (c), this will be considered to be the correct option.
- Therefore, the sentence provided can be completed as The period of one year to five years may be regarded as medium-term.
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