Why can many people see “silver linings” to the economic showdown?A They would benefit in certain ways.B The stock market shows signs of recovery.C Such a slowdown usually precedes a boom.D The purchasing power would be enhanced.

Why can many people see “silver linings” to the economic showdown?

A They would benefit in certain ways.

B The stock market shows signs of recovery.

C Such a slowdown usually precedes a boom.

D The purchasing power would be enhanced.


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You may get consumers who want very high quality services satisfied, but at a higher price. And the people who want no-frills service and cheap product will also get it at the other end of the market. So competition allows a range of variety to occur in a market. The benefit to society of competition is that it makes a major contribution to the fundamental economic issue, which is the scarcity of productive resources. It means that on the production side, there is maximum pressure to conserve the use of those scarce productive resources. On the demand side it also rations consumer demand appropriately, and it also tends to mean that the variety of consumer needs can be met.1. From the first paragraph of the passage we can know that usually there are ()kinds of consumers who may get satisfied in a market.A. twoB. threeC. four2. What does “it” in the first sentence of paragraph 2 refer to()A. fundamental economic issueB. the scarcity of productive resourcesC. The benefit of competition3. The sentence in paragraph 1“So competition allows a range of variety to occur in a market” means ().A. competition makes the market supply various products and servicesB. competition makes a lot of things occur in a marketC. competition makes different things occur in a market4. On the demand side competition also ()appropriately.A. meets consumer needsB. makes consumer rationalC. makes consumer satisfied5. The best title of this passage is ().A. Fundamental Economic IssueB. The Benefit of CompetitionC. Consumer Demand and Market

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根据下列材料,请回答 36~40 题:The great recession may be over, but this era of high joblessness is probably beginning. Before it ends,It will likely change the life course and character of a generation of young adults. And ultimately, it is likely to reshape our politics, our culture, and the character of our society for years.No one tries harder than the jobless to find silver linings in this national economic disaster. Many said that unemployment, while extremely painful, had improved them in some ways; they had become less materialistic and more financially prudent; they were more aware of the struggles of others. In limited respects, perhaps the recession will leave society better off. At the very least, it has awoken us from our national fever dream of easy riches and bigger houses, and put a necessary end to an era of reckless personal spending.But for the most part, these benefits seem thin, uncertain, and far off. In The Moral Consequences of Economic Growth, the economic historian Benjamin Friedman argues that both inside and outside the U.S. , lengthy periods of economic stagnation or decline have almost always left society more mean-spirited and less inclusive, and have usually stopped or reversed the advance of rights and freedoms. Anti-immigrant sentiment typically increases, as does conflict between races and classes.Income inequality usually falls during a recession, but it has not shrunk in this one. Indeed, this period of economic weakness may reinforce class divides, and decrease opportunities to cross them--- especially for young people. The research of Till Von Wachter, the economist in Columbia University, suggests that not all people graduating into a recession see their life chances dimmed: those with degrees from elite universities catch up fairly quickly to where they otherwise would have been if they had graduated in better times; it is the masses beneath them that are left behind.In the internet age, it is particularly easy to see the resentment that has always been hidden within American society. More difficult, in the moment, is discerning precisely how these lean times are affecting society’s character. In many respects, the U.S. was more socially tolerant entering this recession than at any time in its history, and a variety of national polls on social conflict since then have shown mixed results. We will have to wait and see exactly how these hard times will reshape our social fabric. But they certainly it, and all the more so the longer they extend.第 36 题 By saying “to find silver linings”(Line 1,Para.2)the author suggest that the jobless try to___.[A]seek subsidies from the government[B]explore reasons for the unemployment[C]make profits from the troubled economy[D]look on the bright side of the recession

Sometimes the processes in which people are engaged are dependent upon other processes being completed first, possibly by other people. For example, on an automobile(71), it is necessary for the body to be constructed before the doors can be added on. Attempting to add the doors first would be pointless, because there would be nowhere to attach them. Thus, if there is no body ready to have doors added, the process for adding doors has to be(72)until the process for creating the next body is complete. This is known as(73)Obviously, there are many cases where people have to wait for other people to do something. However, if everyone in such a situation is waiting for someone else to do something first, then no one will ever be able to do anything. When discussing processes, this situation is known as(74), because all of the involved processes are effectively dead because of locks they have on resources. Usually someone in such a situation will eventually notice and abort the process, allowing normal flow to(75), and often warning signs can even be spotted ahead of time to avoid 'it in the first place.A.water threadB.assembly threadC.water lineD.assembly line

PartA 2. The National Association of Securities Dealers is investigating whether some brokeragehouses are inappropriately pushing individuals to borrow large sums on their housesto invest in the stock market. Can we persuade the association to investigate would-be privatizers of Social Security? For it is now apparent that the Bush administration’s privatization proposal will amount to the same thing: borrow trillions, put themoney in the stock market and hope.Privatization would begin by diverting payroll taxes, which pay for current SocialSecurity benefits, into personal investment accounts. The government wouldhave to borrow to make up the shortfall. This would sharply increase the government’s debt. “Never mind”, privatization advocates say, “in the long run, people wouldmake so much on personal accounts that the government could save money by cutting retirees’benefits.Even so, if personal investment accounts were invested in Treasury bonds,this whole process would accomplish precisely nothing. The interest workers would receive on,their accounts would exactly match the interest the government wouldhave to pay on its additional debt. To compensate for the initial borrowing,the government would have to cut future benefits so much that workers would gain nothing at all.However, privatizersclaim that these investments would make a lot ofmoney and that, in effect, the government, not the workers, would reap most of those gains,because as personal accounts grew, the government could cut benefits.We can argue at length about whether the high stock returns such schemes assume are realistic(they arent), but lets cut to the chase: in essence, such schemesinvolve having the government borrow heavily and put the money in the stock market. That’s because the government would, in effect, confiscate workers’gains in their personal accounts by cutting those workers’ benefits.Once you realize whatprivatization really means, it doesn’t sound too responsible, does it? But the details make it considerably worse. First,financial markets would, correctly, treat the reality of huge deficits today as a much moreimportant indicator of the governments fiscal health than the mere promise that government could save money bycutting benefits in the distant future. After all, a government bond is a legally bindingpromise to pay, while a benefits formula that supposedly cuts costs 40 years from now is nothingmore than a suggestion to future Congresses.If a privatization plan passed in 2005 called for steep benefit cuts in 2045,what are the odds that those cuts would really happen? Second,a system of personal accounts would pay huge brokerage fees. Of course, from Wall Street’s point of view that’s a benefit, not a cost.第26题:According to the author, “privatizers”are those_____.[A] borrowing from banks to invest in the stock market [B] who invest in Treasury bonds[C] advocating the government to borrow money from citizens [D] who earn large sums of money in personalaccounts

Text 4 The great recession may be over,but this era of high joblessness is probably beginning.Before it ends,it will likely change the life course and character of a generation of young adults.And ultimately,it is likely to reshape our politics,our culture,and the character of our society for years.No one tries harder than the jobless to find silver linings in this national economic disaster.Many said that unemployment,while extremely painful,had improved them in some ways:they had become less materialistic and more financially prudent;they were more aware of the struggles of others.In limited respects,perhaps the recession will leave society better off.At the very least,it has awoken us from our national fever dream of easy riches and bigger houses,and put a necessary end to an era of reckless personal spending.But for the most part,these benefits seem thin,uncertain,and far off.In The Moral Consequences of Economic Growth,the economic historian Benjamin Friedman argues that both inside and outside the U.S.,lengthy periods of economic stagnation or decline have almost always left society more meanspirited and less inclusive,and have usually stopped or reversed the advance of rights and freedoms.Antiimmigrant sentiment typically increases,as does conflict between races and classes.Income inequality usually falls during a recession,but it has not shrunk in this one.Indeed,this period of economic weakness may reinforce class divides,and decrease opportunities to cross them—especially for young people.The research of Till Von Wachter,the economic at Columbia University,suggests that not all people graduating into a recession see their life chances dimmed:those with degrees from elite universities catch up fairly quickly to where they otherwise would have been if they had graduated in better times;it is the masses beneath them that are left behind.In the Internet age,it is particularly easy to see the resentment that has always been hidden within American society.More difficult,in the moment,is discerning precisely how these lean times are affecting society's character.In many respects,the U.S.was more socially tolerant entering this recession than at any time in its history,and a variety of national polls on social conflict since then have shown mixed results.We will have to wait and see exactly how these hard times will reshape our social fabric.But they certainly will reshape it,and all the more so the longer they extend.The author thinks that the influence of hard times on society is____A.certainB.positiveC.trivialD.destructive

Text 4 The great recession may be over,but this era of high joblessness is probably beginning.Before it ends,it will likely change the life course and character of a generation of young adults.And ultimately,it is likely to reshape our politics,our culture,and the character of our society for years.No one tries harder than the jobless to find silver linings in this national economic disaster.Many said that unemployment,while extremely painful,had improved them in some ways:they had become less materialistic and more financially prudent;they were more aware of the struggles of others.In limited respects,perhaps the recession will leave society better off.At the very least,it has awoken us from our national fever dream of easy riches and bigger houses,and put a necessary end to an era of reckless personal spending.But for the most part,these benefits seem thin,uncertain,and far off.In The Moral Consequences of Economic Growth,the economic historian Benjamin Friedman argues that both inside and outside the U.S.,lengthy periods of economic stagnation or decline have almost always left society more meanspirited and less inclusive,and have usually stopped or reversed the advance of rights and freedoms.Antiimmigrant sentiment typically increases,as does conflict between races and classes.Income inequality usually falls during a recession,but it has not shrunk in this one.Indeed,this period of economic weakness may reinforce class divides,and decrease opportunities to cross them—especially for young people.The research of Till Von Wachter,the economic at Columbia University,suggests that not all people graduating into a recession see their life chances dimmed:those with degrees from elite universities catch up fairly quickly to where they otherwise would have been if they had graduated in better times;it is the masses beneath them that are left behind.In the Internet age,it is particularly easy to see the resentment that has always been hidden within American society.More difficult,in the moment,is discerning precisely how these lean times are affecting society's character.In many respects,the U.S.was more socially tolerant entering this recession than at any time in its history,and a variety of national polls on social conflict since then have shown mixed results.We will have to wait and see exactly how these hard times will reshape our social fabric.But they certainly will reshape it,and all the more so the longer they extend.The research of Till Von Wachter suggests that in the recession graduates from elite universities tend to____A.lag behind the others due to decreased opportunitiesB.catch up quickly with experienced employeesC.see their life chances as dimmed as the others'D.recover more quickly than the others

Text 4 The great recession may be over,but this era of high joblessness is probably beginning.Before it ends,it will likely change the life course and character of a generation of young adults.And ultimately,it is likely to reshape our politics,our culture,and the character of our society for years.No one tries harder than the jobless to find silver linings in this national economic disaster.Many said that unemployment,while extremely painful,had improved them in some ways:they had become less materialistic and more financially prudent;they were more aware of the struggles of others.In limited respects,perhaps the recession will leave society better off.At the very least,it has awoken us from our national fever dream of easy riches and bigger houses,and put a necessary end to an era of reckless personal spending.But for the most part,these benefits seem thin,uncertain,and far off.In The Moral Consequences of Economic Growth,the economic historian Benjamin Friedman argues that both inside and outside the U.S.,lengthy periods of economic stagnation or decline have almost always left society more meanspirited and less inclusive,and have usually stopped or reversed the advance of rights and freedoms.Antiimmigrant sentiment typically increases,as does conflict between races and classes.Income inequality usually falls during a recession,but it has not shrunk in this one.Indeed,this period of economic weakness may reinforce class divides,and decrease opportunities to cross them—especially for young people.The research of Till Von Wachter,the economic at Columbia University,suggests that not all people graduating into a recession see their life chances dimmed:those with degrees from elite universities catch up fairly quickly to where they otherwise would have been if they had graduated in better times;it is the masses beneath them that are left behind.In the Internet age,it is particularly easy to see the resentment that has always been hidden within American society.More difficult,in the moment,is discerning precisely how these lean times are affecting society's character.In many respects,the U.S.was more socially tolerant entering this recession than at any time in its history,and a variety of national polls on social conflict since then have shown mixed results.We will have to wait and see exactly how these hard times will reshape our social fabric.But they certainly will reshape it,and all the more so the longer they extend.Benjamin Friedman believes that economic recessions may____A.impose a heavier burden on immigrantsB.bring out more evils of human natureC.promote the advance of rights and freedomsD.ease conflicts between races and classes

Text 4 The great recession may be over,but this era of high joblessness is probably beginning.Before it ends,it will likely change the life course and character of a generation of young adults.And ultimately,it is likely to reshape our politics,our culture,and the character of our society for years.No one tries harder than the jobless to find silver linings in this national economic disaster.Many said that unemployment,while extremely painful,had improved them in some ways:they had become less materialistic and more financially prudent;they were more aware of the struggles of others.In limited respects,perhaps the recession will leave society better off.At the very least,it has awoken us from our national fever dream of easy riches and bigger houses,and put a necessary end to an era of reckless personal spending.But for the most part,these benefits seem thin,uncertain,and far off.In The Moral Consequences of Economic Growth,the economic historian Benjamin Friedman argues that both inside and outside the U.S.,lengthy periods of economic stagnation or decline have almost always left society more meanspirited and less inclusive,and have usually stopped or reversed the advance of rights and freedoms.Antiimmigrant sentiment typically increases,as does conflict between races and classes.Income inequality usually falls during a recession,but it has not shrunk in this one.Indeed,this period of economic weakness may reinforce class divides,and decrease opportunities to cross them—especially for young people.The research of Till Von Wachter,the economic at Columbia University,suggests that not all people graduating into a recession see their life chances dimmed:those with degrees from elite universities catch up fairly quickly to where they otherwise would have been if they had graduated in better times;it is the masses beneath them that are left behind.In the Internet age,it is particularly easy to see the resentment that has always been hidden within American society.More difficult,in the moment,is discerning precisely how these lean times are affecting society's character.In many respects,the U.S.was more socially tolerant entering this recession than at any time in its history,and a variety of national polls on social conflict since then have shown mixed results.We will have to wait and see exactly how these hard times will reshape our social fabric.But they certainly will reshape it,and all the more so the longer they extend.According to Paragraph 2,the recession has made people_____A.realize the national dreamB.struggle against each otherC.challenge their prudenceD.reconsider their lifestyle

Text 4 The great recession may be over,but this era of high joblessness is probably beginning.Before it ends,it will likely change the life course and character of a generation of young adults.And ultimately,it is likely to reshape our politics,our culture,and the character of our society for years.No one tries harder than the jobless to find silver linings in this national economic disaster.Many said that unemployment,while extremely painful,had improved them in some ways:they had become less materialistic and more financially prudent;they were more aware of the struggles of others.In limited respects,perhaps the recession will leave society better off.At the very least,it has awoken us from our national fever dream of easy riches and bigger houses,and put a necessary end to an era of reckless personal spending.But for the most part,these benefits seem thin,uncertain,and far off.In The Moral Consequences of Economic Growth,the economic historian Benjamin Friedman argues that both inside and outside the U.S.,lengthy periods of economic stagnation or decline have almost always left society more meanspirited and less inclusive,and have usually stopped or reversed the advance of rights and freedoms.Antiimmigrant sentiment typically increases,as does conflict between races and classes.Income inequality usually falls during a recession,but it has not shrunk in this one.Indeed,this period of economic weakness may reinforce class divides,and decrease opportunities to cross them—especially for young people.The research of Till Von Wachter,the economic at Columbia University,suggests that not all people graduating into a recession see their life chances dimmed:those with degrees from elite universities catch up fairly quickly to where they otherwise would have been if they had graduated in better times;it is the masses beneath them that are left behind.In the Internet age,it is particularly easy to see the resentment that has always been hidden within American society.More difficult,in the moment,is discerning precisely how these lean times are affecting society's character.In many respects,the U.S.was more socially tolerant entering this recession than at any time in its history,and a variety of national polls on social conflict since then have shown mixed results.We will have to wait and see exactly how these hard times will reshape our social fabric.But they certainly will reshape it,and all the more so the longer they extend.By saying“to find silver linings”(Line 1,Para.2)the author suggests that the jobless try to_____A.seek subsidies from the governmentB.explore reasons for the unemploymentC.make profits from the troubled economyD.look on the bright side of the recession

Some people would like to do shopping on Sundays since they expect to pick up wonderfularticles in the market.A: batteriesB: bargainsC: basketsD: barrels

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