The questions in this group are based on the content of a passage. After reading the passage, choose the best answer to each question. Answer all questions following the passage on the basis of what is stated or implied in the passage.
The collapse of the stock "bubble" of Internet-related companies in 2000-2001 has resulted in more than its fair share of analysis, hand-wringing, and finger-pointing. A panel discussion at a recent Technology Today conference in Santa Monica produced a heated debate between two former luminaries of the dot.corn world: investment banker Pat Verhofen and Sue Mickelson, founder and CEO of Internet retailer Frizbeez.com.
Verhofen fired the opening shot by placing blame for the collapse of Internet stocks on the shoulders of Internet entrepreneurs who aggressively promoted ideas without viable business models. These entrepreneurs were both irresponsible and deceptive, Verhofen argued, to take investors’
A. The collapse of the Internet stock "bubble" drove thousands of investors into bankruptcy.
B. People involved with the Internet do not all agree on which party bears the most responsibility for the collapse of the Internet stock "bubble."
C. Of all parties involved with the Internet, financial professionals such as investment bankers and fund managers derived the most profits from the stock "bubble."
D. The Internet stock "bubble" could not have occurred if entrepreneurs had been honest about the true financial prospects of their companies.
E. The average investor has no one to blame but himself or herself if he or she invested in an Internet stock without adequately understanding the true financial prospects of the companies in question.
The questions in this group are based on the content of a passage. After reading the passage, choose the best answer to each question. Answer all questions following the passage on the basis of what is stated or implied in the passage.
James Joyce revolutionized the novel, the short story, and modern literature as we know it. He was born in Dublin, the first of 10 children in a Catholic family. His father was a civil servant whose poor financial judgment left the family impoverished for much of Joyce’s youth. Young James attended Dublin’s fine Jesuit schools, which gave him a firm grounding in theology and classical languages--subjects that appeared repeatedly in his later work. The story of his early life and his intellectual rebellion against Catholicism and Irish nationalism are told in the largely autobiographical novel A Portrait of the Artist as a Young Man.
In 1902, at the age of 20, Joyce left Dublin to spend the
A. Narration through second-person address
B. Novel structure based on real-time chronology
C. Linguistic experimentation
D. Literary realism concerning physical reality
E. Stream of consciousness
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