1.In a leveraged buyout, investors borrow huge sums of money to buy companies,
hoping to pay off the debt by using the company's earnings and to profit richly
by the later resale of the companies or their divisions.
(A) by using the company's earnings and to profit
(B) by using the companies' earnings and by profiting
(C) using the companies' earnings and profiting
(D) with the company's earnings, profiting
(E) with the companies' earnings and to profit

2.Contrary to the scholarly wisdom of the 1950's and early 1960's that predicted
the processes of modernization and rationalization would gradually undermine
it, ethnicity is a worldwide phenomenon of increasing importance.
(A) would gradually undermine it
(B) to be a gradual undermining of it
(C) would be a gradual undermining of ethnicity
(D) to gradually undermine ethnicity
(E) gradually undermining it

3. For people who have never worked for a living, any job may instill a valuable
sense of self-worth and open doors to better jobs in the future.
(A) may instill a valuable sense of self-worth and open doors to better jobs in the
future
(B) might instill for them a valuable sense of self- worth and to open doors to
better jobs in the future
(C) may, in them, instill a valuable sense of self-worth, opening their doors to
better jobs in the future
(D) opening the door later for a better job and giving them a valuable sense of
self-worth now
(E) may open the door for a better job later and giving them a valuable sense now
of their self-worth