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In hoping to restrain economic growth, interest rates were raised by

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In hoping to restrain economic growth, interest rates were raised by [#permalink] New post   Updated on: 03 Jan 2018, 02:00
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In hoping to restrain economic growth, interest rates were raised by British policymakers, making it more expensive to borrow for businesses and consumers.

(A) In hoping to restrain economic growth, interest rates were raised by British policymakers, making it more expensive to borrow for businesses and consumers.

(B) Making it more expensive for businesses and consumers to borrow, interest rates were raised by British policymakers, in hopes of their restraining economic growth.

(C) In making borrowing for businesses and consumers more expensive, British policymakers, in hopes they will restrain economic growth, had raised interest rates.

(D) Hopefully restraining economic growth, British policymakers raised interest rates, making more expensive borrowing by businesses and consumers.

(E) Hoping to restrain economic growth, British policymakers raised interest rates, making it more expensive for businesses and consumers to borrow.
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E

Originally posted by PTK on 25 Oct 2010, 08:38.
Last edited by BillyZ on 03 Jan 2018, 02:00, edited 1 time in total.
Edited the question.
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Re: In hoping to restrain economic growth, interest rates were raised by [#permalink] New post   25 Oct 2010, 11:38
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A and B are wrong because of misplaced modification.

C is a horrible sentence with no semblance of balance of tense form, with the distant past prefect appearing along with a future tense.

D. Hopefully restringing is incongruous. You can’t hope to restrain and also same time have retrained; making more expensive borrowing is jarring.

E is the odd man out and ought to be right; the vexatious -it- can at best be holding a filler value, just as it does so often in normal and formal writing. needing no referent.

E.g: 1. Wanting to thwart Messy from scoring at will, the Spanish coach put three backs around him, making it difficult for him to pierce the cordon.

2. Seeking to prepare hard for the GMAT, Jack bolted to his farm house fifty miles away, making it difficult for his friends to disturb him.

Or am I wrong? I will wait until the OA and OE arrive.
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yamikikyou
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Re: In hoping to restrain economic growth, interest rates were raised by [#permalink] New post   25 Oct 2010, 09:02
I think E b/c British policymakers should follow "hoping to restrain economic growth." Also, "making it more expensive for businesses and consumers to borrow" is succinct.
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Re: In hoping to restrain economic growth, interest rates were raised by [#permalink] New post   25 Oct 2010, 10:03
Shoot, guess I overlooked that the first time. In that case, A, B and E are out, leaving C and D. I don't think "hopefully" sounds right in D, but the "had raised interest rates" in C sounds kind of funny. Between the two though, I'd lean towards C.
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Re: In hoping to restrain economic growth, interest rates were raised by [#permalink] New post   Updated on: 25 Oct 2010, 11:04
I originally liked E.

Can 'it' in A and E represent 'to borrow'?

If not, I go with D.

All answer choices sound awful, including D.

Originally posted by scheol79 on 25 Oct 2010, 10:55.
Last edited by scheol79 on 25 Oct 2010, 11:04, edited 1 time in total.
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Re: In hoping to restrain economic growth, interest rates were raised by [#permalink] New post   25 Oct 2010, 14:08
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Got EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE :-)
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Re: In hoping to restrain economic growth, interest rates were raised by [#permalink] New post   01 Nov 2010, 02:54
E is correct

In B , ..their.... indicates ambiguity
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Re: In hoping to restrain economic growth, interest rates were raised by [#permalink] New post   01 Nov 2010, 05:14
"IT" is simply a placeholder, it fits perfectly in E.
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Re: In hoping to restrain economic growth, interest rates were raised by [#permalink] New post   03 Dec 2010, 20:02
Although E is a better sentence the pronoun it makes things confusing with no clear antecedent.Either interest rate or economic growth can be its referent.

C the tense is an issue since the effect should follow the cause and not the vice-versa.

I will say its a debatable OA.
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Re: In hoping to restrain economic growth, interest rates were raised by [#permalink] New post   03 Dec 2010, 20:07
Hoping to restrain economic growth is correctly modified by British Policymaker .....E is the best choice!
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Re: In hoping to restrain economic growth, interest rates were raised by [#permalink] New post   11 Dec 2010, 10:39
00:43 sec.

IMO E. Everyone has explained....
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Re: In hoping to restrain economic growth, interest rates were raised by [#permalink] New post   16 Dec 2010, 08:50
daagh wrote:
A and B are wrong because of misplaced modification.

C is a horrible sentence with no semblance of balance of tense form, with the distant past prefect appearing along with a future tense.

D. Hopefully restringing is incongruous. You can’t hope to restrain and also same time have retrained; making more expensive borrowing is jarring.

E is the odd man out and ought to be right; the vexatious -it- can at best be holding a filler value, just as it does so often in normal and formal writing. needing no referent.

E.g: 1. Wanting to thwart Messy from scoring at will, the Spanish coach put three backs around him, making it difficult for him to pierce the cordon.

2. Seeking to prepare hard for the GMAT, Jack bolted to his farm house fifty miles away, making it difficult for his friends to disturb him.

Or am I wrong? I will wait until the OA and OE arrive.


I originally went for E. Then came the discussion about what it refers to. Thanks for clearing that up Daagh!
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Re: In hoping to restrain economic growth, interest rates were raised by [#permalink] New post   01 Mar 2011, 08:37
E by POE.
However, what does 'it' refer to in this sentence?
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Re: In hoping to restrain economic growth, interest rates were raised by [#permalink] New post   01 Mar 2011, 08:58
WarriorAjay wrote:
E by POE.
However, what does 'it' refer to in this sentence?


I used this trick "and what is it?" to catch you and make you to doubt about the answer E. ;)

it refers to the process "to borrow".

Try to reread the second part as follows: ".....making borrowing more expensive for businesses and consumers"
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Re: In hoping to restrain economic growth, interest rates were raised by [#permalink] New post   02 Mar 2011, 03:04
I got E using POE. Initially, the 'it' was a problem, but seems harmless and acts as a place holder.
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Re: In hoping to restrain economic growth, interest rates were raised by [#permalink] New post   21 Mar 2011, 13:27
Pkit wrote:
WarriorAjay wrote:
E by POE.
However, what does 'it' refer to in this sentence?


I used this trick "and what is it?" to catch you and make you to doubt about the answer E. ;)

it refers to the process "to borrow".

Try to reread the second part as follows: ".....making borrowing more expensive for businesses and consumers"


How can a pronoun ("it") refer to a verb "to borrow"?
Thanks.
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Re: In hoping to restrain economic growth, interest rates were raised by [#permalink] New post   22 Mar 2011, 02:30
Onell wrote:
+1 for e


to what is "it" referrering?
thanks!
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Re: In hoping to restrain economic growth, interest rates were raised by [#permalink] New post   22 Mar 2011, 07:37
I think it can refer to "borrowing" as it's a gerund, a noun.

PKit, please correct me if I'm wrong.
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Re: In hoping to restrain economic growth, interest rates were raised by [#permalink] New post   22 Mar 2011, 08:19
subhashghosh wrote:
I think it can refer to "borrowing" as it's a gerund, a noun.

PKit, please correct me if I'm wrong.


yes, you are right.

it refers to "to borrow" or to process of borrowing as i stated above.
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Re: In hoping to restrain economic growth, interest rates were raised by [#permalink] New post   22 Mar 2011, 12:19
How can a pronoun refer to a verb?
Thanks!

Pkit wrote:
subhashghosh wrote:
I think it can refer to "borrowing" as it's a gerund, a noun.

PKit, please correct me if I'm wrong.


yes, you are right.

it refers to "to borrow" or to process of borrowing as i stated above.
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Re: In hoping to restrain economic growth, interest rates were raised by [#permalink]
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