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| 发布时间:2006-8-7 16:21:19 | 信息来源:本站原创 | 浏览: | |
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Question Seventeen There was a big box like piece of furniture with lots of long drawers that had cards inside. Each card represents a different book. These cards are all arranged in alphabetical order. If you know the name of the book, the name of the author, or the subject ,you'll be able to find the book you need.
Section Two. Questions 18-22. Question Eighteen I've been driving for about six years now. It's a good job. I meet different, interesting people. Most months the business is good. My office is the wheels instead of in high buildings. I like my job very much.
Question Nineteen Have you any identification which shows your address. I need to see something that verifies that you are a resident of our country. And please fill out this card. In a week, you'll receive a new library card.
Question Twenty If you put your money in long-term bonds or securities ,you know what the interest is going to be. It's usually a safe way to invest. If you invest in the stock market ,you may make a big profit when the price goes up. But none of us really knows what's going to. happen in the market.
Question Twenty-one Welcome to Flight 721. We'll depart for Paris and will arrive at 2:32 pm. local time. We'll be flying at an altitude of thirty-five thousand feet, so please fasten your seat belts. Our stewardesses will come around to help you.
Question Twenty-two After four days of talks in Tokyo ,American and Japanese negotiators have agreed on a proposal for balanced trade in modern technology products. Only after the approvals of the Japanese and American governments will the proposal take effect.
Part Three. Questions 23-30. As German broad money supply(M3)now seems set to exceed its target for the third year in a row, pressure on the Bundesbank is growing to ignore what Bundesbank president, Mr.Hans Tieteyer, calls an "important intermediate indicator". The Bundesbank itself has been strengthening the hand of critics of monetary targeting by lowering interest rates sharply despite very strong money supply growth in the past six months. Abandoning M3 now as a signpost for monetary policy would be a grave mistake for at least two reasons. First, there is on convincing evidence so far that the long-run relationship between money supply growth and inflation has ceased to exist. Publicly available independent studies , such as those from the Kiel institute of World Economics , have found some evidence for a short-term disturbance in the demand for money in the wake of German unification. But they have failed to reject the hypothesis that the long-run demand for money has remained stable. Second, excessive money supply growth has reflected the partial monetary financing of government debt ,which ,if continued ,could threaten the purchasing power of the D-Mark. In recent months Bundesbank representatives and other observers have attempted to explain the rampant growth of money supply on the basis of portfolio shifts between money and "monetary capital" which means the longer-term liabilities of the credit institutions. It is excluded from M3. |
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