Passage 1The economy of the United States seems to be slowly recovering: manufacturing, mining, and temporary service firms added jobs in May, according to the Bureau of Labor Statistics.But, one hallmark of this economic downturn has been the disparities in the way the unemployment rate has affected people according to age, race and ethnicity, educational attainment, and geography.The unemployment rate for teenagers remains at 26.4 percent, while 15.5 percent of unemployed African Americans and 12.4 percent of unemployed Hispanics can't find jobs. Seventeen states, along with the District of Columbia, still have jobless rates well in the double digits, and the fate of the long - term unemployed is terrifying. Forty - six percent of the 15 million people out - of - work in this country has been unemployed for 27 weeks or more (quick math: that's more than six months). That number—the worst since the Great Depression—shows no signs of subsiding. “We're still in a tremendous labor market hole,” says Lawrence Katz, a professor of economics at Harvard University. “It will take four - and - a - half more years of consecutive months of job growth to get back to where the labor market was before the downturn.” Even then in 2007, Katz points out that the labor market was hardly rosy. Unemployment had not yet skyrocketed, but workers put up with stagnant wage growth.So, what does this mean for the unemployed, underemployed, and the recent college graduates searching for work? Well, they'll have to cobble together part - time jobs to pay the rent or accept positions with lower salaries or fewer opportunities for growth. Long - term, as the economy rebounds, this nagging unemployment rate means the economic disparities in this country will keep growing. 45.The situation of labor market in 2007 was more optimistic than this year.

Passage 1The economy of the United States seems to be slowly recovering: manufacturing, mining, and temporary service firms added jobs in May, according to the Bureau of Labor Statistics.But, one hallmark of this economic downturn has been the disparities in the way the unemployment rate has affected people according to age, race and ethnicity, educational attainment, and geography.The unemployment rate for teenagers remains at 26.4 percent, while 15.5 percent of unemployed African Americans and 12.4 percent of unemployed Hispanics can't find jobs. Seventeen states, along with the District of Columbia, still have jobless rates well in the double digits, and the fate of the long - term unemployed is terrifying. Forty - six percent of the 15 million people out - of - work in this country has been unemployed for 27 weeks or more (quick math: that's more than six months). That number—the worst since the Great Depression—shows no signs of subsiding. “We're still in a tremendous labor market hole,” says Lawrence Katz, a professor of economics at Harvard University. “It will take four - and - a - half more years of consecutive months of job growth to get back to where the labor market was before the downturn.” Even then in 2007, Katz points out that the labor market was hardly rosy. Unemployment had not yet skyrocketed, but workers put up with stagnant wage growth.So, what does this mean for the unemployed, underemployed, and the recent college graduates searching for work? Well, they'll have to cobble together part - time jobs to pay the rent or accept positions with lower salaries or fewer opportunities for growth. Long - term, as the economy rebounds, this nagging unemployment rate means the economic disparities in this country will keep growing. 46.According to the passage, the economy is recovering quickly.

Passage 2Security and commodity exchanges are trading posts where people meet who wish to buy and sell. The exchange themselves do no trading, they merely provide a place where prospective buyers and sellers can meet and conduct their business.Wall Street, although the best known, is not home of exchanges in the United States. There are the cotton exchanges in New Orleans and Chicago; the Mercantile Exchange which deals in many farm products in Chicago; and grain exchanges in many of the large cities of the Midwest. Some exchanges, like Chicago Broad of Trade, provide market services for several kinds of products. These trading posts where products may be brought or sold are called commodity exchanges.The security exchanges, on the other hand, are meeting places where stocks and bonds are traded. Like the commodity exchanges, they help serve the economic life of the country. But when their operations get out of hand, they may become very dangerous. In 1929, the security exchange, or stock market, contributed to a crash—a sudden sharp decline in the value of securities. Many people lost fortunes, many corporations were bankrupted; many workers lost their jobs.Today, however, investing through security exchanges and trading on commodity exchanges has been made safer by regulations set up by the exchanges themselves and by regulations of the United States government.47. Security and Commodity exchanges are meeting places for buyer and sellers of stocks.

Passage 2Security and commodity exchanges are trading posts where people meet who wish to buy and sell. The exchange themselves do no trading, they merely provide a place where prospective buyers and sellers can meet and conduct their business.Wall Street, although the best known, is not home of exchanges in the United States. There are the cotton exchanges in New Orleans and Chicago; the Mercantile Exchange which deals in many farm products in Chicago; and grain exchanges in many of the large cities of the Midwest. Some exchanges, like Chicago Broad of Trade, provide market services for several kinds of products. These trading posts where products may be brought or sold are called commodity exchanges.The security exchanges, on the other hand, are meeting places where stocks and bonds are traded. Like the commodity exchanges, they help serve the economic life of the country. But when their operations get out of hand, they may become very dangerous. In 1929, the security exchange, or stock market, contributed to a crash—a sudden sharp decline in the value of securities. Many people lost fortunes, many corporations were bankrupted; many workers lost their jobs.Today, however, investing through security exchanges and trading on commodity exchanges has been made safer by regulations set up by the exchanges themselves and by regulations of the United States government.48.A sudden decline in the value of securities may contribute to economic crisis.

Passage 2Security and commodity exchanges are trading posts where people meet who wish to buy and sell. The exchange themselves do no trading, they merely provide a place where prospective buyers and sellers can meet and conduct their business.Wall Street, although the best known, is not home of exchanges in the United States. There are the cotton exchanges in New Orleans and Chicago; the Mercantile Exchange which deals in many farm products in Chicago; and grain exchanges in many of the large cities of the Midwest. Some exchanges, like Chicago Broad of Trade, provide market services for several kinds of products. These trading posts where products may be brought or sold are called commodity exchanges.The security exchanges, on the other hand, are meeting places where stocks and bonds are traded. Like the commodity exchanges, they help serve the economic life of the country. But when their operations get out of hand, they may become very dangerous. In 1929, the security exchange, or stock market, contributed to a crash—a sudden sharp decline in the value of securities. Many people lost fortunes, many corporations were bankrupted; many workers lost their jobs.Today, however, investing through security exchanges and trading on commodity exchanges has been made safer by regulations set up by the exchanges themselves and by regulations of the United States government.49.Strict regulations of the state is the reason of the crash in 1929.

Passage 2Security and commodity exchanges are trading posts where people meet who wish to buy and sell. The exchange themselves do no trading, they merely provide a place where prospective buyers and sellers can meet and conduct their business.Wall Street, although the best known, is not home of exchanges in the United States. There are the cotton exchanges in New Orleans and Chicago; the Mercantile Exchange which deals in many farm products in Chicago; and grain exchanges in many of the large cities of the Midwest. Some exchanges, like Chicago Broad of Trade, provide market services for several kinds of products. These trading posts where products may be brought or sold are called commodity exchanges.The security exchanges, on the other hand, are meeting places where stocks and bonds are traded. Like the commodity exchanges, they help serve the economic life of the country. But when their operations get out of hand, they may become very dangerous. In 1929, the security exchange, or stock market, contributed to a crash—a sudden sharp decline in the value of securities. Many people lost fortunes, many corporations were bankrupted; many workers lost their jobs.Today, however, investing through security exchanges and trading on commodity exchanges has been made safer by regulations set up by the exchanges themselves and by regulations of the United States government.50.Investing in the securities has become safer due to regulations.

Passage 2Security and commodity exchanges are trading posts where people meet who wish to buy and sell. The exchange themselves do no trading, they merely provide a place where prospective buyers and sellers can meet and conduct their business.Wall Street, although the best known, is not home of exchanges in the United States. There are the cotton exchanges in New Orleans and Chicago; the Mercantile Exchange which deals in many farm products in Chicago; and grain exchanges in many of the large cities of the Midwest. Some exchanges, like Chicago Broad of Trade, provide market services for several kinds of products. These trading posts where products may be brought or sold are called commodity exchanges.The security exchanges, on the other hand, are meeting places where stocks and bonds are traded. Like the commodity exchanges, they help serve the economic life of the country. But when their operations get out of hand, they may become very dangerous. In 1929, the security exchange, or stock market, contributed to a crash—a sudden sharp decline in the value of securities. Many people lost fortunes, many corporations were bankrupted; many workers lost their jobs.Today, however, investing through security exchanges and trading on commodity exchanges has been made safer by regulations set up by the exchanges themselves and by regulations of the United States government.51.The United States government plays an important role in controlling dishonest practices of the exchanges markets.

阅读下列短文,并用英语回答问题(36-38题) Passage 1Beijing - The price of a number of high - end milk powder products increased by up to three times this year, while the price of tea from the spring harvest has risen by 20 percent year - on - year, the media reported. Most tissue paper products also rose by 20 percent year - on - year.Citing the latest round of price hikes, a number of analysts have warned again of the heightened risks of inflation, though food prices have started to ease due to central government efforts to curb speculation.Recent price hikes in non - staple products like garlic, vegetables and mung beans were reportedly due to factors like regional drought, speculation and hoarding.Food prices account for one - third of China's CPI basket, official statistics showed.The recent price hikes will not affect the CPI significantly, because the consumption of the affected non - staple agricultural products is relatively low and their demand is flexible, said Peng Sen, vice - minister of the National Development and Reform Commission, the country's top economic planner.36. What is CPI?37. Which factors affect the recent price hikes according to the passage?38. What is the attitude of Mr. Peng Sen towards the price hikes problem?

阅读下列短文,并用英语回答问题(39-41题) Passage 2If you still think Asia is cheap or even a bargain, compare office rents in Shanghai or Jakarta with those in Chicago and Paris. Or try to hold a qualified manager in China against the almost weekly job offers he receives due to the shortage of Chinese professionals. Since a happy employee is a productive employee, think about keeping someone in Singapore, where a 1,200 sq. ft. flat sets you back $2,000 a month, when for the same price you could be providing a comfortable 3,000 sq.ft.4 - bedroom house only ten miles outside Washington D.C.No wonder companies are voting with their feet in response to Asia's rising costs. Matsushita, Sony and Honda continue to move production out of Japan. Taiwan's Nan Ya plastic is establishing factories in North Carolina and Texas that will export finished products back to Asia. Germany's Siemens is dumping Singapore in favor of lower cost locations in the region. The way things are going, Siemens may have to move again before long.39. What does make the author think that Asia is not a cheap place any more?40. Why does the Taiwanese company establish factories in United States and export products back to Asia? 41. Please translate the word “dump” (Line 4, Para 2)in Chinese.

joint venture