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[主观题]

Part ADirections: Read the following four texts. Answer the questions below each text by c

Part A

Directions: Read the following four texts. Answer the questions below each text by choosing A, B, C or D . Mark your answers on ANSWER SHEET 1.

Every country with a monetary system of its own has to have some kind of market in which dealers in bills, notes, and other forms of short term credit can buy and sell. The "money market" is a set of institutions or arrangements for handling what might be called wholesale transactions in money and short term credit. The need for such facilities arises in much the same way that a similar need does in connection with the distribution of any of the products of a diversified economy to their final users at the retail level. If the retailer is to provide reasonably adequate service to his customers , he must have active contacts with others who specialize in making or handling bulk quantities of whatever is his stock in trade. The money market is made up of specialized facilities of exactly this kind. It exists for the purpose of improving the ability of the retailers of financial services—commercial banks, savings institutions, investment houses, lending agencies, and even governments—to do their jobs. It has little if any contact with the individuals or firms who maintain accounts with these various retailers or purchase their securities or borrow from them.

The elemental functions of a money market must be performed in any kind of modern economy , even one that is largely planned or socialist, but the arrangements in socialist countries do not ordinarily take the form. of a market. Money markets exist in countries that use market processes rather than planned allocations to distribute most of their primary resources among alternative uses. The general distinguishing feature of a money market is that it relies upon open competition among those who are bulk suppliers of funds at any particular time and among those seeking bulk funds, to work out the best practicable distribution of the existing total volume of such funds.

In their market transactions, those with bulk supplies of funds or demands for them, rely on groups of intermediaries who act as brokers or dealers. The characteristics of these middlemen, the services they perform, and their relationship to other parts of the financial vary widely from country to country. In many countries there is no single meeting place where the middlemen get together, yet in most countries the contacts among all participants are sufficiently open and free to assure each supplier or user of funds that he will get or pay a price that fairly reflects all of the influences (including his own) that are currently affecting the whole supply and the whole demand. In nearly all cases, moreover, the unifying force of competition is reflected at any given moment in a common price (that is, rate of interest) for similar transactions. Continuous fluctuations in the money market rates of interest result from changes in the pressure of available supplies of funds upon the market and in the pull of current demands upon the market.

The first paragraph is mainly about

A.the definition of money market.

B.the constitution of a money market.

C.the basic functions of a money market.

D.the general feature of a money market.

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更多“Part ADirections: Read the fol…”相关的问题

第1题

Part ADirections: You heard that one of your friends has been accepted by a foreign

Part A

Directions:

You heard that one of your friends has been accepted by a foreign university. Write a letter of congratulations including (1) your congratulations; (2) some advice; (3) reminding him to keep in touch with you. You should write about 100 words. Do not sign your own name at the end of the letter. Use "Li Ming" instead. You do not need to write the address.

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第2题

Part ADirections:Restrictions on the use of plastic bags have not been so success

Part A

Directions:

Restrictions on the use of plastic bags have not been so successful in some regions. “White pollution ”is still going on. Write a letter to the editor(s) of your local newspaper to

1)give your opinions briefly and,

2) make two or three suggestions

You should write about 100 words. Do not sign your own name at the end of the letter. Use "Li Ming" instead. You do not need to write the address.(10 points)

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第3题

Section III Reading Comprehension(60 minutes)Part ADirections :Read the following four tex

Section III Reading Comprehension

(60 minutes)

Part A

Directions :

Read the following four texts. Answer the questions below each text by choosing A, B, C or D.Mark your answers on, ANSWER SHEET1.

Text 1

Competition for admission to the country's top private schools has always been tough, but this year Elisabeth realized it had reached a new level. Her wake-up call came when a man called the Dalton School in Manhattan, where Elisabeth is admissions director, and inquired about the age cutoff for their kindergarten program. After providing the information, she asked about the age of his child. The man paused for an uncomfortably long time before answering. "Well, we don't have a child yet. We're trying to figure out when to conceive a child so the birthday is not a problem. "

Worries are spreading from Manhattan to the rest of the country. Precise current data on private schools are unavailable, but interviews with representatives of independent schools all told the same story: an oversupply of applicants, higher rejection rates. "We have people calling us for spots two years down the road," said Marilyn of the Seven Hills School in Cincinnati. " We have grandparents calling for pregnant daughters. " Public opinion polls indicate that Americans' No. 1 concern is edu-cation .Now that the long economic boom has given parents more disposable income, many are tuming to private schools, even at price tags of well over $ 10,000 a year. "We're getting appli-cants from a broader area geographically than we ever have in the past," said Betsy of the Latin School of Chicago, which experienced a 20 percent increase in applications this year.

The problem for the applicants is that while demand has increased, supply has not. "Every Year ,there are a few children who do not find places, but this year, for the first time that I know of , there are a significant number without places ,"said Elisabeth.

So what can parents do to give their 4-year-old an edge? Schools know there is no easy way to pick a class when children are so young. Many schools give preference to children of their gradu- ates. Some make the choice by drawing lots. But most rely on a mix of subjective and objective measures: tests that at best identify developmental maturity and cognitive potential, interviews with parents and observation of applicants in classroom settings. They also want a diverse mix. Children may end up on a waiting list simply because their birthdays fall at the wrong time of year, or be- cause too many applicants were boys.

The worst thing a patent can do is to pressure preschoolers to perform-for example, by push-ing them to read or do math exercises before they're ready. Instead, the experts say, parents should take a breath and look for alternatives. Another year in preschool may be all that's needed.

41. From this text we learn that it is

[A] harder to make a choice between public and private schools.

[B] harder to go to private schools this year than before.

[C] more difficult to go to public schools than to private schools.

[D] as difficult to go to private schools this year as before.

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第4题

Crises are an evitable part of life, so of naturally they’re an inevitable part of business.()
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第5题

Section III Reading Comprehension(60 minutes)Part ADirections :Read the following four te

Section III Reading Comprehension

(60 minutes)

Part A

Directions :

Read the following four texts. Answer the questions below each text by choosing A, B, C or D. Mark your answers on ANSWER SHEET1.

Text 1

Inflation has just exploded. The real problem is that we have an underlying rate of inflation-an impetus of wages chasing prices-of maybe 9 percent that is heading towards 10 percent. There also have been tremendous shocks in energy ,food and housing prices ,making it worse.

By the end of the year ,we will be in a situation where year in ,year out, we can look forward to at least 10 percent inflation. And the question will be: How much worse will oil ,food and housing prices make that?

The situation has degenerated to the point that the only way to turn it around is to think of some very extreme changes in policy. A policy of gradualism ,where you're talking about a mild re- cession and another l t0 2 million people unemployed ,won't make much difference. Postponing ac-tion just means that inflation presses further and is even more difficult to deal with.

You have to start with revenue and monetary restraint. All the burden now is on monetary poli-cy. We should shift to a much more restrictive revenue policy and an easier monetary policy. To be Significant ,the 1981 budget should be cut by at least 20 billion dollars from 616 billion President Carter proposed. That's a major cut in government programs-and very hard to do. It's impossible if you save defense and all the programs indexed for changes in the cost of living.

So it means cuts across the board in every area-including the indexed programs ,such as So-cial Security and food stamps. State and local-government revenue-sharing programs are another ma-jor candidate. You've also got to reopen the 1980 budget and cut that.

Then I would favor wage and price controls to break the impetus of the wage-price interaction .In order to get quick results ,l 'd set the standard around 5 0r 6 percent for both wages and prices .Basically ,you're aiming to cut the rate of inflation in half the first year. There would be no excep-tions ,but you would focus on large corporations and .major labor settlements.

For the special sectors where the big shocks have occurred ,controls won't work .lnstead ,you need additional policies in each one of those areas.

There are no cheap or easy solutions to the inflation problem. My answer is to take all the things that everybody wants to do ,and instead of choosing among them ,do all of them. We've got to think in terms of a comprehensive program.

41.ln the author's opinion ,the high inflation rate in the US was accompanied by

[ A] energy crises.

[ B ] mounting wages.

[ C] housing shortage.

[ D] shrinking market.

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第6题

Part ADirections :Read the following three texts. Answer the questions on each text by' ch

Part A

Directions :

Read the following three texts. Answer the questions on each text by' choosing A, B, Cor D. Mark your answers on,ANSWER SHEET1.

Text 1

Whenever Catherine Brown, a 37-year-old journalist, and her friends, professionals in their 30s and early 40s, meet at a London cafe, their favorite topic of conversation is relationships: men's reluctance to commit, women's independence, and when to have children-or, increasing-Iy, whether to have them at all. "With the years passing my chances of having a child go down, but I won't marry anyone just to have a child," says Brown. To people like Brown, babies are great-if the timing is right. But they're certainly not essential.

In much of the world, having kids is no longer a given. "Never before has childlessness been an understandable decision for women and men in so many societies," says Frank Hakim at the London School of Economics. Young people are extending their child-free adulthood by postponing children until they are well into their 30s, or even 40s and beyond.

A growing share are ending up with no children at all. Lifetime childlessness in western Germany has hit 30 percent among university-educated women, and is rapidly rising among lower-classmen. In Britain, the number of women remaining childless has doubled in 20 years.

The latest trend of childlessness does not follow historic patterns. For centuries it was not unusual for a quarter of European women to remain childless. But in the past,childlessness was usually the product of poverty or disaster, of missing men in times of war. Today the decision to have-or not have-a child is the result of a complex combination of factors, including relationships, career opportunities, lifestyle. and economics.

In some cases childlessness among women can be seen as a quiet form. of protest. In Japan, support for working mothers hardly exists. Child care is expensive, men don't help out, and some companies strongly discourage mothers from returning to work. "In Japan, it's career or child,"says writer Kaori Haishi . It's not just women who are deciding against children; according to a re-cent study, Japanese men are even less inclined to marry or want a child. Their motivations, though, may have more to do with economic factors.

46. Catherine Brown and her friends feel that having children is not _________

[ A] totally wise

[ B] a huge problem

[ C] a rational choice

[ D ] absolutely necessary

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第7题

Part ADirections: You will hear 10 short dialogues. For each dialogue, there is one questi

Part A

Directions: You will hear 10 short dialogues. For each dialogue, there is one question and four possible answers. Choose the correct answer ― A, B, C or D, and mark it in your test booklet. You will have 15 seconds to answer the question and you will hear each dialogue ONLY ONCE.

听力原文:M: I had a very strange dream last night. I dreamt I won a competition.

W: Oh, really? What did you win? Money? A new car?

M: I won a holiday on a desert island. I hope it will come true.

What did the man win in his dream?

A.A holiday.

B.A new ear.

C.Some money.

D.A desert.

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第8题

Directions: In this part, you're required to write a composition with at least 120 words on the topic of The Attitude Toward Crisis. Please write it on the Answer Sheet

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第9题

Directions: For this part, you’re required to write a composition with at least 120 words on the topic Responsibility. Please write it on the Answer Sheet

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第10题

Directions: For this part, you’re required to write a composition with at least 120 words on the topic Mutual Understanding. Please write it on the Answer Sheet.
Mutual Understanding
Directions: For this part, you’re required to write a composition with at least 120 words on the topic Mutual Understanding. Please write it on the Answer Sheet.

Mutual Understanding

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第11题

Directions: In this part, you’re required to write a composition with at least 120 words on the topic of The Attitude Toward Crisis. Please write it on the Answer Sheet

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