Large companies need a way to reach the savings of the public at large. The same problem, on a small scale, faces practically every company trying to develop new products and create new jobs. There can be little prospect of raising the sort of sums needed from friends and people we know, and while banks may agree to provide short-term finance, they are generally unwilling to provide money on the permanent basis for long-term projects. So companies turn to the public, inviting people to lend them money, or take a share in the business through the Stock Exchange. By doing so, they can put the saving of individuals and institutions into circulation both at home and overseas.
When the saver needs his money back, he does not have to go to the company with whom he originally placed it. Instead, he sells his shares through a stockbroker（股票经纪人） to some other saver who is seeking to invest his money.
Many of the services needed both by industry and by each of us are provided by the government or by local authorities. Without hospitals, roads, electricity, telephones, railways, this country could not function. All these require continuous spending on new equipment and new development if they are to serve us properly, requiring more money than is raised through taxes alone. The government, local authorities, and nationalized industries therefore frequently need to borrow money to finance major capital spending, and they, too, come to the Stock Exchange.
There is hardly a man or woman in this country whose standard of living does not depend on the ability of his or her employers to raise money to finance new development. In one way or another, the new money must come from the savings of the country. The Stock Exchange exists to provide a channel through which these savings can reach those who need finance.
51. Almost all companies involved in new production and development most .
A. rely on their own resources
B. persuade the banks to provide long-term finance
C. borrow large sums of money from friends and people they know
D. depend on the population as a whole for finance
52. The money which enables these companies to go ahead with their projects is .
A. repaid to its original owners as soon as possible
B. raised by selling of shares in the companies
C. exchanged for the ownership in the Stock Exchange
D. invested in different companies in the Stock Exchange
53. When the savers want their money back they should .
A. ask another company to obtain their money for them
B. look for other people to borrow money from
C. put their shares in the company back on the market
D. transfer their money to a more successful company
54. All the essential services on which we depend are .
A. run by the government or our local authorities
B. in constant need of financial support
C. financed wholly by raising taxes
D. unable to provide for the needs of the population
55. The Stock Exchange makes it possible for the government, local authorities and nationalized industries .
A. to borrow as much money as they wish
B. to make certain everybody saves money
C. to raise money to finance new development
D. to make certain everybody lends money to them.
LONDON --- A British judge on Thursday sentenced a businessman who sold fake(假冒的) bomb detectors(探测器) to 10 years in prison, saying the man hadn't cared about potentially deadly consequences.
It is believed that James McCormick got about $77.8 million from the sales of his detectors - which were based on a kind of golf ball finder - to countries including Iraq, Belgium and Saudi Arabia.
McCormick, 57, was convicted(判罪) of cheats last month and sentenced Thursday at the Old Bailey court in London.
"Your cheating conduct in selling a great amount of useless equipment simply for huge profit promoted a false sense of security and in all probability materially contributed to causing death and injury to innocent people," Judge Richard Hone told McCormick. "you have neither regret, nor shame, nor any sense of guilt."
The detectors, sold for up to $42,000 each, were said to be able to find such dangerous objects as bombs under water and from the air. But in fact they "lacked any grounding in science" and were of no use.
McCormick had told the court that he sold his detectors to the police in Kenya, the prison service in Hong Kong, the army in Egypt and the border control in Thailand.
"I never had any bad results from customers," he said.Why was McCormick sentenced to prison?
| A．He sold bombs. | B．He caused death of people. |
| C．He made detectors. | D．He cheated in business |
According to the judge, what McCormick had done _______.
| A．increased the cost of safeguarding |
| B．lowered people's guard against danger |
| C．changed people's idea of social security |
| D．caused innocent people to commit crimes |
Which of the following is true of the detectors?
| A．They have not been sold to Africa. |
| B．They have caused many serious problems. |
| C．They can find dangerous objects in water. |
| D．They don't function on the basis of science. |
It can be inferred from the passage that McCormick _______.
| A．sold the equipment at a low price |
| B．was well-known in most countries |
| C．did not think he had committed the crime |
| D．had not got such huge profit as mentioned in the text |
Below is a selection from a popular science book.
| If blood is red, why are veins (静脉) blue? Actually, veins are not blue at all. They are more of a clear, yellowish color. Although blood looks red when it’s outside the body, when it’s sitting in a vein near the surface of the skin, it’s more of a dark reddish purple color. At the right depth, these blood-filled veins reflect less red light than the surrounding skin, making them look blue by comparison. Which works harder, your heart or your brain? That kind of depends on whether you’re busy thinking or busy exercising. Your heart works up to three times harder during exercise, and shifts enough blood over a lifetime to fill a supertanker（超级油轮）. But, in the long run, your brain probably tips it, because even when you’re sitting still your brain is using twice as much energy as your heart, and it takes four to five times as much blood to feed it. Why do teeth fall out, and why don’t they grow back in grown-ups? Baby (or “milk”) teeth do not last long; they fall out to make bigger room for bigger, stronger adult teeth later on. Adult teeth fall out when they become damaged, decayed（腐烂）and infected by bacteria. Once this second set of teeth has grown in, you’re done. When they’re gone, they are gone. This is because nature figures you’re set for life, and what controls regrowth of your teeth switches off. Do old people shrink（收缩）as they age? Yes and no. Many people do get shorter as they age. But, when they do, it isn’t because they’re shrinking all over. They simply lose height as their spine (脊柱) becomes shorter and more curved due to disuse and the effect of gravity (重力). Many (but not all) men and women do lose height as they get older. Men lose an average of 3-4 cm in height as they age, while women may lose 5 cm or more. If you live to be 200 years old, would you keep shrinking till you were, like 60 cm tall, like a little boy again? No, because old people don’t really shrink! It is not that they are growing backwards—their legs, arms and backbones getting shorter. When they do get shorter, it’s because the spine has shortened a little. Or, more often, become more bent and curved. Why does spinning make you dizzy)? Because your brain gets confused between what you’re seeing and what you’re feeling. The brain senses that you’re spinning using special gravity-and-motion-sensing organs in your inner ear, which work together with your eyes to keep your vision balance stable. But when you suddenly stop spinning the system goes out of control, and your brain thinks you’re moving while you’re not. Where do feelings and emotions come from? Mostly from an ancient part of the brain called the limbic system（边缘系统）. All mammals have this brain area — from mice to dogs, cats, and humans. So all mammals feel basic emotions like fear, pain and pleasure. But since human feelings also involve other, newer bits of the brain, we feel more complex emotions than any other animal on this planet. If exercise wears you out, how can it be good for you? Because our bodies adapt to everything we do to them. And as far as your body is concerned, it’s “use it, or lose it”! It’s not that exercise makes you healthy, it’s more that a lack of exercise leaves your body weak and easily affected by disease. |
What is the color of blood in a vein near the surface of the skin?
| A．Blue | B．Light yellow |
| C．Red | D．Dark reddish purple |
Why do some old people look a little shrunken as they age?
| A．Because their spine is in active use. |
| B．Because they are more easily affected by gravity. |
| C．Because they keep growing backwards. |
| D．Because their spine becomes more bent. |
Which of the following statements about our brain is true?
| A．In the long run, our brain probably works harder than our heart. |
| B．When our brain senses the spinning, we will feel dizzy. |
| C．The brains of the other mammals are as complex as those of humans. |
| D．Our feelings and emotions come from the most developed area in our brain. |
What is the main purpose of the selection?
| A．To give advice on how to stay healthy. |
| B．To provide information about our body. |
| C．To challenge new findings in medical research. |
| D．To report the latest discoveries in medical science. |
Jimmy is an automotive mechanic, but he lost his job a few months ago. He has good heart, but always feared applying for a new job.
One day, he gathered up all his strength and decided to attend a job interview. His appointment was at 10 am and it was already 8:30. While waiting for a bus to the office where he was supposed to be interviewed, he saw an elderly man wildly kicking the tyre of his car. Obviously there was something wrong with the car. Jimmy immediately went up to lend him a hand. When Jimmy finished working on the car, the old man asked him how much he should pay for the service. Jimmy said there was no need to pay him; he just helped someone in need, and he had to rush for an interview. Then the old man said, “Well, I could take you to the office for your interview. It’s the least I could do. Please. I insist.” Jimmy agreed.
Upon arrival, Jimmy found a long line of applications waiting to be interviewed. Jimmy still had some grease (油腻物) on him after the car repair, but he did not have much time to wash it off or have a change of shirt. One by one, the applicants left the interviewer’s office with disappointed look on their faces. Finally his name was called. The interviewer was sitting on a large chair facing the office window. Rocking the chair back and forth, he asked, “Do you really need to be interviewed?” Jimmy’s heart sank. “With the way I look now, how could I possibly pass this interview?” he thought to himself.
Then the interviewer turned the chair and to Jimmy’s surprise, it was the old man he helped earlier in the morning. It turned out he was the General Manager of the company.
“Sorry I had to keep you waiting, but I was pretty sure I made the right decision to have you as part of our workforce before you even stepped into the office. I just know you’d be a trustworthy worker. Congratulations!” Jimmy sat down and they shared a cup of well-deserved coffee as he landed himself a new job.Why did Jimmy apply for a new job?
| A．He was out of work | B．He was bored with his job |
| C．He wanted a higher position | D．He hoped to find a better boss |
What did Jimmy see on the way to the interview?
| A．A friend’s car had a flat tyre | B．a wild man was pushing a car |
| C．a terrible accident happened | D．an old man’s car broke down |
Why did the old man offer Jimmy a ride?
| A．He was also to be interviewed | B．He needed a traveling companion |
| C．He always helped people in need | D．He was thankful to Jimmy |
How did Jimmy feel on hearing the interviewer’s question?
| A．He was sorry for the other applicants |
| B．There was no hope for him to get the job |
| C．He regretted helping the old man |
| D．The interviewer was very rude |
Deputy Agriculture Secretary Kathleen Merrigan sees an epidemic (流行病) sweeping across Americas farmland. It has little to do with the usual challenges, such as flood, rising fuel prices and crop-eating insects. The country's farmers are getting older, and there are fewer people standing in line to take their place. National agricultural census (普查) figures show that the fastest-growing group of farmers is the part over 65. Merrigan is afraid the average age will be even higher when the 2012 statistics are completed.
Merrigan, a former college professor, is making stops at universities across the country in hopes of encouraging more students to think about careers in agriculture. Aside from trying to stop the graying of America's farmers, her work is made tougher by a recent blog posting that put agriculture at No.1 on a list of "useless" college degrees. Top federal agriculture officials are talking about the posting, and it has the attention of agricultural organizations across the country.
“There couldn't be anything that's more incorrect," Merrigan said. "We know that there aren't enough qualified graduates to fill the jobs that are out there in American agriculture.
In addition, a growing world population that some experts predict will require 70% more food production by 2050, she said.
“I truly believe we're at a golden age of agriculture. Global demand is at an all-time record high, and global supplies are at all-time record lows," said Matt Rush, director of the Texas Farm Bureau. "Production costs are going to be valuable enough that younger people are going to have the opportunity to be involved in agriculture”.
The Department of Agriculture has programs aimed at developing more farmers and at increasing interest in locally grown food. The National Young Farmers' Coalition has also been pushing for state and federal policy changes to make it easier for new fermers.
Ryan Best, president of Future Fanners of America, has been living out of a suitcase, traveling the country and visiting with high school students about careers in agriculture. The 21 -year-old Best hopes his message-that this is a new time in agriculture-will motivate the next generation to turn around the statistics.“Never before have we had the innovations (创新）in technology which have led to agriculture in this country being the most efficient it has ever been” he said. “There’s really a place for everybody to fit in”What is the new challenge to American agriculture?
| A．Fewer and older farmers. | B．Higher fuel prices. |
| C．More natural disasters. | D．Lower agricultural output. |
Why is Merrigan visiting universities across the country?
| A．To draw federal agriculture officials' attention |
| B．To select qualified agriculture graduates. |
| C．To clarify a recent blog posting. |
| D．To talk more students into farming careers |
According to Matt Rush, American agriculture will provide opportunities for younger people because__________.
| A．the government will cover production costs |
| B．global food supplies will be even lower |
| C．investment in agriculture will be profitable |
| D．America will increase its food export |
What do the underlined words "to turn around the statistics" in the last paragraph mean?
| A．To re-analyze the result of the national census. |
| B．To increase production. |
| C．To bring down the average age of farmers. |
| D．To invest more in agriculture. |
Keeping a busy social life among lots of friends may keep people thinner than spending hours doing some exercises, according to scientists. They say that socializing and meeting with friends help increase levels of brown fat in the body which burns calories to produce heat.
Living in an exciting social environment was found to reduce fat in mice's belly by half over four weeks, even if they ate more. US researchers say that social excitement aids weight loss by turning white fat into brown. White fat stores calories and makes us fatter, while brown burns energy to produce heat. Turning white fat into brown is extremely difficult, normally requiring long- term stay in cold conditions or exciting part of the body's nervous system.
However, scientists from Ohio State University now think that having a busy social life is an even more effective way of changing white fat into brown. The team came up with their theory by studying the effects of various living environments on mice. Those, who lived alongside a greater number of mice, had more space and toys to excite themselves and then lost far more weight over the course of the study than their “couch potato" fellows.
Study author, Dr Matthew During, whose team's findings appear in the journal Cell Metabolism, said, "I'm still amazed at the degree of fat loss that occurs." Explaining how new technology had threatened face-to-face socializing, he added, "It's not just a sedentary(久坐的) lifestyle and high calorie foods, but an increasing lack of social activities." Co-author Dr Lei Cao said，"Loneliness is a potential factor for cancer and death; it's equal to cigarette smoking to a certain extent. Social activities are very vital. What information can we get from the first two paragraphs?
| A．Brown fat stores calories and makes us fatter |
| B．It doesn't take long to turn white fat into brown. |
| C．Social excitement helps gain more weight |
| D．Brown fat can burn energy to produce heat. |
Which of the following statement does the text support?
| A．Levels of brown fat can be increased by socializing. |
| B．The mice lacking social life lose more weight. |
| C．The research findings haven't been published so far. |
| D．Dr Matthew During wasn't convinced of the result. |
We can conclude from the text that _______.
| A．the fat in mice's belly was reduced because of the relaxing environment |
| B．a sedentary lifestyle and high calories foods influence people's social life |
| C．surfing the Internet may influence people's face-to-face communication |
| D．cancer and death are mainly caused for lack of social life |
What’s the main idea of the text?
| A．Brown fat is beneficial to people's health. |
| B．Socializing is unnecessarily important in people's daily life. |
| C．White fat can be changed into brown fat. |
| D．Socializing contributes to people's losing weight. |
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