Given the high price,（)it's not surprising they didn't buy it.A: andB: butC:

A.and

B.but

C.(不填)

A、Low sensitivity of an asset price to interest rate shocks.

B、High interest inelasticity of a bond.

C、High sensitivity of an asset price to interest rate shocks.

D、Lack of sensitivity of an asset price to interest rate shocks.

E、Smaller capital loss for a given change in interest rates.

A.no producer can cover his costs of production at that price

B.the quantity supplied exceeds the quantity demanded at that price

C.producers are leaving the industry

D.consumers are willing to buy all the units produced at that price

E.quantity demanded exceeds quantity supplied at that price

听力原文： The private motor vehicle has given us a freedom our ancestors could not dream about. We can travel swiftly, and usually safely, over the roads which have been built to accommodate our cars. People can display their wealth by driving a car which may cost as much as another person's home.

(29) Sadly the car has become a disadvantage as well as a boon. The car pollutes the atmosphere, may be involved in serious accidents, and by its very numbers blocks roads. (29) How can we reduce its use？ The car is only desirable if we can use it easily, so we might begin by reducing access to parking spaces in the cities and simultaneously increasing the quality and availability of public transport. Cars could be banned from certain parts of the city, thus forcing people to walk or to use public transport. The expense of buying and running a car can be raised. (30) If the motorist is faced with a high purchase price, high road tax, high insurance premiums and substantial fines he or she may reconsider the purchase. A corresponding reduction in the price of public transport would help this financial argument against car ownership.

Neither of these arguments will sway the super rich who can afford the status cars, but it would perhaps encourage them to look at other ways of demon-strafing their wealth. (31) However we do it, reducing the number of cars on the road will reduce the problems of pollution and the congestion which can bring cities to a standstill.

29. What does the speaker focus on？

30.What factor might hinder most people's consideration of purchasing private cars？

31.What would be the result if the number of private cars is reduced？

(4)

A．The sadness of being involved in accidents.

B．Ways to limit the use of private cars.

C．The serious pollution on motor roads.

D．Freedom to travel quickly and safely.

Short Answers

1 Auctions are public sales of goods conducted by an officially approved auctioneer. He

asks the crowd assembled in the auction-room to make offers, or "bids", for the various

items on sale. He encourages buyers to b 记 higher figures, and finally names the highest

bidder as the buyer of the good. Practically all goods whose (lualities vary are sold by

auction. Among these are coffee, skins, wool, tea, furs, species, fruit and vegetables and

wines. Auction sales are also useful for land and property, antique furniture, pictures, rare

kooks, old china and works of art

2 An auction is usually advertised beforehand with full particulars of the articles to be

sold; and where and when they can be viewed by prospective buyers. TI the advertisement

cannot give full details, catalogues are printed, and each group of goods to be sold together,

called a "lot", is usually given a number. The auctioneer need not begin with Lot 1 and

continue in numerical order; he may wait until he registers the fact that certain dealers are in

the rocm and then produces the lots they are likely to be interested in. The auctioneer's

services are paid for in the form. of a percentage of the price the goods

are sold for. The

auctioneer therefore has a direct interest in pushing up the bidding as high as possible

3 The auctioneer must know fairly accurately the current market values of the goods

he is selling, and he should be acquainted with regular buyers of such goods. Fe will not

waste time by starting the bidding too low. He will also play on the rival among his buyers

and succeed in getting a high price by encouraging two business competitors to bid against

each other. It is largely in his advice that a seller will fix a "reserved" price, that is, a price

below which the goods cannot be sold. Even the best auctioneers, however, find it difficult

to stop a 'knock-out", whereby dealers illegally arranged themselves as the only bidder, in

the hope of buying goods at extremely low prices. If such a "knock-out" comes off, the real

auction sale takes place privately afterwards among the dealers

Questions31-35:

31. What are auctinns？

32. What are the goods which can be sold by auction？ (Name at least three)

33. Mhat is a "lot"？

34. How are the auctloneer, s services pa 记 for？

35. What wifl happen if a "knock-out" is achieved？

A.on

B.at

C.for

D.in

A.result

B.factor

C.item

D.growth

The price you quoted is so high that we () help ()this transaction.

A、can…to cancel

B、can't...canceling

C、can…canceling

D、can't…to cancel