听力原文：When the Fed wishes to encourage business activity, it may lower the discount rat

hen the Fed raises the discount rate, stock prices are likely to move downward.

(5)

A．The discount rate and the stock prices move in the same direction.

B．The discount rate and the stock prices move in the adverse directions.

C．When the Fed raises stock prices, the discount rate is likely to move downward.

D．When the Fed lowers stock prices, the discount rate tends to rise.

sh by depositors.

W: Thus, Fed serves as a source of last resort for emergency funds. It is one of the major objectives of the Federal Reserve System.

Q: What will the banks do when there is an unusual demand for cash by depositors？

(15)

A．To serve as a source of last resort.

B．To be one of the major objectives.

C．To transfer depositors' funds from one bank to another.

D．To borrow emergency funds from the Fed.

A

C．

M: When does the plne tke off F: It hs beenrrnged to tke offt four fifteen but it’s delyed thirty minutes. For questions 1-8 you will her eight short recordings. For ech question mrk one letter （） for the correctnswer. When does the plne tke off B． C．

A

C．

听力原文：M: Can you tell me when I can catch the next bus to the Medical School It seems听力原文：M: Can you tell me when I can catch the next bus to the Medical School It seems like I’m going to be late for my class this morning. It’s already 7:38. W: Well, you just missed a bus by 4 minutes. Then you’ll have to wait another 15 minutes for the next one. Q: When did the bus leave according to the conversation （）

A．7:38

B．0．315278

C．0．328472

听力原文：When the drawee is bankrupt, presentment may be made to him or to his trustee.

(7)

A．If a drawee is bankrupt, presentment may be made to his trustee.

B．If a drawee is bankrupt, presentment can not be made to him.

C．If a drawee is bankrupt, presentment can not be made to his assignee.

D．If a drawee is bankrupt, presentment must be made to his trustee.

听力原文：M: What will happen if a draft is not presented for payment when due？

W: If this is the case, all the signatories on the bill will be discharged except the acceptor.

Q: What are the two people mainly talking about？

(18)

A．How to present the bill for payment.

B．The presentation of bills for payment.

C．The solution to the injured drawer.

D．The payment of the cheque.

听力原文：M: I haven't read that newspaper yet. When you've finished, may I see it？

W: I'll give it to you right now. I have to check our dinner anyway.

Q: z What is the woman doing besides reading the newspaper？

(18)

A．Eating dinner.

B．Writing a check.

C．Cooking.

D．Making a phone call.

单句理解

听力原文：Interest rate risk refers to the exposure of a bank's financial condition to adverse movements in interest rates.

(1)

A．Bank's financial condition is the cause of interest rate risk.

B．Bank's financial condition has impact on interest rate risk.

C．Interest rate risk occurs when interest rate moves against the bank's financial condition.

D．Interest rate risk occurs when interest rate favours the bank's financial condition.

听力原文：W: John must be over 40 now.

M: Yes, when Tom left New York ten years ago, John was already 35.

Q: How old is John now？

(18)

A．35.

B．25.

C．45

D．30