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s55day
The recent increase in the prime interest rate has encouraged some economists and worried others, who recall all too vividly the skyrocketing rates and consequent economic stagnation of the late 1970s.


A. The recent increase in the prime interest rate
B. Increasing recently, the prime interest rate
C. The recent rate of increase in prime interest
D. The prime interest rate, recently increased,
E. The recently increasing prime interest rate

Source: Cliffs

Official Explanation



A. None of the alternatives is more direct and clear than the original underlined portion. Because the increase has encouraged some economists, not the rate, choices B, C, D, and E all change the meaning of the sentence.
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