Recently, he has lost all his ______ at cards. A) wage and saving B) wages and saving C) w

Ahundreds...hundreds

Bhundred...hundred

Chundreds...hundred

Dhundred...hundreds

pockets”？ Travel guide investigates.

1.2 million Hispanics live in the Big Apple and one in five New Yorkers speaks Spanish at home. In the last ten years, the Hispanic population has grown by 400 000. This reflects the enormous increase in the Hispanic population in the States. There are now 42 million Hispanics resident in the USA, representing 15% of the total population.

There is a new language, SPANGLISH – a strange mixture of Spanish and English – which is invading the city. The New York Times recently said that it had become the city’s third official language. Its use is colloquial and often limited to short sentences and signs. Many New Yorkers now wear socketines on their feet, drop something on the carpeta, shop for grocerias and have cornfley (“cornflakes”) for breakfast.

Norma Rodríguez, a 45-year-old Cuban living in Washington Heights, says it forms a part of her life now: “Sometimes, you don’t realize that you’re mixing the two languages. You just hear them both all the time and find that you’re inventing new words.” Other people, however, are fighting against this new street language. Businessman Juan Cortés sees it as a sign that the Spanish language is being destroyed. “It’s difficult, but I try not to speak it – it feels vulgar to me.”

Meanwhile, a surprising number of academics have spoken in favour of Spanglish. José María Ruiz, from NY State University, even runs courses in Spanglish and has written a dictionary. “It is a dialogue between two languages and cultures. We have to accept that languages change and evolve. The only languages that never change are dead ones.”

1、The Spanish-speaking population has grown very fast recently.()

2、More people are interested in studying Spanish than before.()

3、Spanglish is mainly used in formal contexts.()

4、Norma Rodríguez doesn’t notice when she is speaking Spanglish.()

5、Juan Cortés doesn’t speak Spanglish because he feels stupid when he tries.()

A.immediately

B.roughly

C.heavily

D.completely

A.Yes, they have some bad habits.

B.Cheer up. I believe he will overcome it.

C.Well, he likes picking things up when he is out.

d pays himself a market wage for this function. Being recently divorced, this job has brought stability to his life. Financially he does not need the manager salary but emotionally he needs the job. Considering the behavioral finance issues Smith would be least receptive to a:

A) hedge of the buildings value.

B) monetization of the buildings.

C) sale of the buildings.

Sal's卫星公司向纽约和洛杉矶的订户发送电视节目。两地订户群体的需求曲线分别为:（1)纽约市

Sal's卫星公司向纽约和洛杉矶的订户发送电视节目。两地订户群体的需求曲线分别为:

(1)纽约市场和洛杉矶市场的利润最大化价格和数量各是多少？

(2)因为在五角大楼配置了一颗新卫星，洛杉矶人可以接收到Sal's在纽约发送的节目,而纽约人也可接收到Sal's在洛杉矶的播出。这样纽约或洛杉矶的任何人只要在任一城市付费就可收到Sal's的节目。因此Sal's只能定单一的价格。它会定什么价格，以及它在纽约和洛杉矶能销售多大数量呢？

(3)在上面的(1)还是(2)哪种情况下，Sal's是得益的？从消费者剩余的角度，纽约人偏爱哪种情况而洛杉矶人偏爱哪种情况？为什么？

Sal 's satellite company broadcasts TV to subscribers in Los Angeles and New York. The demand functions for each of these two groups are

a. i What are the profit - maximizing prices and quantities for the New York and Los Angeles markets？

b. As a consequence of a new satellite that the Pentagon recently deployed, people in Los Angeles receive Sal's New York broadcasts, and people in New York receive Sal's Los Angeles broad-casts. As a result, anyone in New York or los Angeles can receive Sal’s broadcasts by subscribing in either city. Hence Sal can charge only a single price. What price should he charge, and what quantities will he sell in New York and Los Angeles？

c.In which of the above situations. (a) or (b), is Sal better off？ In terms of consumer surplus, which situation do people in New York prefer and which do people in Los Angeles prefer？ Why？

For this part, assume today’s date is 15 August 2005.

5 (a) Donald is aged 22, single, and about to finish his university education. He has plans to start up a business selling

computer games, and intends to start trading on 1 April 2006, making up accounts to 31 March annually.

He believes that his business will generate cash (equal to taxable profits) of ￡47,500 in the first year. He

originally intended to operate as a sole trader, but he has recently discovered that as an alternative, he could

operate through a company. He has been advised that if this is the case, he can take a maximum gross salary

of ￡42,648 out of the company.

Required:

(i) Advise Donald on the income tax (IT), national insurance (NIC) and corporation tax (CT) liabilities he

will incur for the year ended 31 March 2007 trading under each of the two alternative business

structures (sole trade/company). Your advice should be supported by calculations of disposable income

for both alternatives assuming that in the company case, he draws the maximum salary stated.

(7 marks)

When a man is taller and stronger than other men, he is sometimes called a giant. Many people think of Chamberlain as a giant. He is so tall that he has a special, extra-long bed to sleep in and a special car with enough space for his long legs. During his playing days, Wilt was paid about $200 000 a year. That was what the president of the United States earned for being president. At that time, it was more than any other athlete in the entire history of sports had ever been paid. Wilt played for the Los Angeles Lakers team. He helped to make it the best team in the Western Division of the National Basketball Association, which is a group of the very finest professional teams in the world. Wilt owns a beautiful apartment building in Los Angeles and another one in New York. He owns racehorses (赛马). He wears fine clothes. He owns an English Bentley car. When Wilt was just seven years old, he took a job. He did not tell his mother or father, but one day his mother found out. She looked out into the street and saw Wilt lifting crates for a milkman. Mrs. Chamberlain told the milkman that Wilt was only seve n. She said he shouldn’t be lifting those heavy milk crates. “I thought he was twelve “, said the milkman.

1. According to the passage, people called Wilt Chamberlain a giant.

A. T B. F

2. Wilt Chamberlain played for the Seattle Seahawks.

A. T B. F

3. The president of the United States earned as much money doing his job each year as Wilt earned playing basketball.

A. T B. F

4. Wilt Chamberlain could be such a famous basketball player only because he played for the finest professional team.

A. T B. F

5. According to the passage, the word “honesty” best describes Wilt ‘s desire to work when he was seven.

A. T B. F