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Types of risks So far we have used the term "risk" rather loosely. One type of risk is default risk, that is, the risk that the borrower will simply not repay the loan, due to either dishonesty or plain inability to do so. Another type of risk, called purchasing - power risk, is the risk that, due to an unexpectedly high inflation rate, the future interest payments, and the principal of the loan when finally repaid, will have less purchasing power than the lender anticipated at the time the loan was made. A similar risk is faced by borrowers. A borrower may cheerfully agree to pay, say, 15 percent interest, expecting that a 12 percent inflation rate will reduce the real value of the loan. But inflation may be only 4 percent. A third type of risk is called "interest - rate risk" or "market risk", tha A. The existence of inflation produces purchasing - power risk. B. Purchasing - power risk involves a loss in the value of money loaned or borrowed be- cause of higher or lower inflation than expected. C. Purchasing - power risk produced by an inflation higher than expected affects lenders only. [简答题]The central question is whether we have allowed a culture to develop that disables people for the challenges of marriage. Social emphasis on selfishness and self-centeredness, and the achievement oriented ethic of our business world encourage us to put family in second place. Marriage often represents the transition from such a world of selfishness to a world of giving. Family life is the normal context in which we can learn that a life tilled with thinking about others instead of ourselves is the sure road to the most fulfilling joys and satisfactions.
But instead of preparing young people to learn this lesson, often we actually seem to be preparing them more for divorce than for marriage. Largely ignorant of the mysteries of giving, too many people enter marriage with high expectations of direct personal satisfaction, only to find themselves inevitably disappointed.
[单项选择]It is hard to tell whether we are going to have a boom in the economy or a （）.
A. concession B. recession C. submission D. transmission [简答题]Looking at how far we’ll be able to fund the Health Service in the 21st century raises any number of thorny issues. (46)Many of the options have already been rehearsed in the press: excluding some treatments from the NHS, charging for certain drugs and services, and developing voluntary or compulsory health insurance schemes.
Compared to its European Union counterparts Britain operates a low-cost health system: we spend about 7 per cent of GDP on health, compared with 9 per cent in the Netherlands and 10 per cent in France and Germany. In terms of health outcomes versus spend, we compare pretty favourably. I don’t see private health care providing much of the solution to current problems. (47) More likely is a shift from universal health coverage to top-up schemes which give people basic health entitlements but require them to finance other treatment through private financing, or opt-out schemes which use tax relief to encourage individuals to make private provision [填空题]So far we (discuss) （ ）the first five chapters.
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M: Susan, just check the map and see how far we have to 20 before we get to the town. A. In about 40 minutes. B. In about 30 minutes. C. In about 20 minutes. D. In about 10 minutes. 我来回答: 提交
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