[单项选择]The larger a corporation's taxable income, the closer its average tax rate comes to the higher ______ pate.
A. marginal
B. interest
C. exchange
D. ceiling

[单项选择]The portion of the total income of China's railways which comes from carrying cargo is ______ 80 per cent.
A. consequently
B. roughly
C. comparatively
D. incidentally

[单项选择] Income Income may be national income and personal income. Whereas national income is defined as the total earned income of all the factors of production-namely, profits, interest, rent, wages, and other compensation for labor, personal income may be defined as total money income received by individuals before personal taxes are paid. National income does not equal GNP (Gross National Product) because the factors of production do not receive payment for either capital consumption allowances or indirect business taxes, both of which are included in GNP. The money put aside for capital consumption is for replacement and thus is not counted as income. Indirect taxes include sales taxes, property taxes , and excise taxes that are paid by businesses directly to the government and so reduce the income left to pay for the factors of production. Three-fourths of national income goes for wages, salaries, and other forms of compensation to employees. Whereas national income shows the income that the factors of production earn, personal income measures the income that individuals or households receive. Corporation profits are included in national income because they are earned. Out of these profits, however, corporation profit taxes must be paid to the government, and some money must be put into the business for expansion. Only that part of profits distributed as dividends goes to the individual; therefore, out of corporation profits only dividends count as personal income. The factors of production earn money for social security and unemployment insurance contributions, but this money goes to government (which is not a factor of production), not to individuals. It is therefore part of national income but not part of personal income. On the other hand, money received by individuals when they collect social security or unemployment compensation is not money earned but money received. Interest received on government bonds is also in this category, because much of the money received from the sale of bonds went to pay for war production and that production no longer furnishes a service to the economy. The money people receive as personal income may be either spent or saved. However, not all spending is completely voluntary. A significant portion of our income goes to pay personal taxes. Most workers never receive the money they pay in personal taxes, because it is withheld from their paychecks. The money that individuals are left with after they have met their tax obligations is disposable personal income. Disposable income can be divided between personal consumption expenditures and personal savings. It is important to remember that personal saving is what is left after spending. This passage is mainly about（）
A. the difference between national income and GNP
B. the difference between national income and personal income
C. the concept of income
D. the difference between disposable income and nondisposable income

[单项选择]Why did Air France's net income fall despite rising sales
A. Because it had to pay deferred taxes that came due.
B. Because the French market was shrinking.
C. Because of a four-day strike by pilots in September.
D. Because the Iraqi war had reduced Atlantic flights.

[单项选择]Which of the following concerning the internal clock structure is NOT true
A. Our daily routine and realities are very important to maintain the internal clock structure.
B. People should keep themselves busy in order to maintain the internal clock structure.
C. Once the internal clock structure is disrupted, we feel very uncomfortable.
D. Once the internal clock structure is disrupted,it takes some time for the structure to function properly again.

[单项选择]The phrase "are easily disposed" in line 11 is closet in meaning to
A. ( demonstrate reluctance
B. ( readily encourage others
C. ( have a tendency
D. ( often fail

[单项选择]As used in Paragraph 3, the word "discount" is closest in meaning to ______.
A. "refute"
B. "disregard"
C. "dispute"
D. "belittle"

[单项选择]The expression" make the most of" in Line 4 is closest in meaning to which of the following ( )
A. Get the best yield from.
B. Raise the price of.
C. Exaggerate the worth of.
D. Earn a living on.

[单项选择]One of the purposes for which school officials closed classes was ______.
A. to avoid paying retirement benefits to teachers and staff
B. to draw the attention of local taxpayers to political issues
C. to make the financial difficulties of their teachers and staff known to the public
D. to pressure Michigan lawmakers into increasing state funds for local schools

[单项选择]Nobody ______ any more to say, the meeting was closed.
A. had
B. has had
C. having
D. had had

[单项选择]抵押贷款支持证券CLO循环结构中的循环期是指（）。
A. 证券本金偿还的时期
B. 特设中介机构以抵押资产作标的发行证券、筹集资金并将其投资于新资产
C. 特设中介机构购买初始抵押资产的时期
D. 不断购买抵押资本然后再以抵押资产为标的来发行证券的过程

[单项选择]The underlined word "intact" in Paragraph 2 is closest in meaning to （）
A. mature
B. wild
C. whole
D. tiny

[单项选择]The underlined word "reside" in Paragraph 1 is closest in meaning to ______.
A. fill
B. decide
C. occupy
D. live

[单项选择]The word "unwieldy" in the second paragraph is closest in meaning to ________.
A. difficult to collect
B. difficult to tackle
C. incomprehensive
D. uncontrollable

[单项选择]The word "advocates” in the first paragraph is closest in meaning to which of the following
A. Consumers.
B. Merchants.
C. Inspectors.
D. Proponents.