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From the given pair of words select the most appropriate pair that fills the gaps and makes the sentence more meaningful.
Economic growth is on auto-pilot, unlikely to be derailed by any lapse into __________ and controls or to be _____________ by serious policy reforms.
Since the sentence is talking about the economy being derailed by something, the first blank has to represent a negative idea. Thus, options A and B can be eliminated.
The use of "or" as a conjunction represents that the second blank is complimentary to the idea in the first one. Thus, "reduced" makes the most sense here.
Hence, the answer is option C.
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