[单项选择]

If American investors have learned any lesson in the last 25 years, it is to buy shares on the dips. The slide in 2000--2002 may have been longer and deeper than they were used to but normal service was eventually resumed, driving the Dow Jones Industrial Average to a record high on October 1st.
Among American financial commentators, it is almost universally accepted that shares always rise over the long run. And one ought to expect shares (which are risky) to deliver a higher return than risk free assets such as government bonds.
Nevertheless, investors ought also to remember the world’s second largest economy, Japan. Its most popular stock-market average, the Nikkei 225, peaked at 38,915 on the last trading day of the 1980s; this week, nearly 18 years later, it is still only around 17,000, less than half its peak. Buying on the dips did not work either.
Professionals of the London Business School examined the record of 16 stock markets which were i
A. China keeps increasing.
B. America keeps increasing.
C. Russia keeps declining.
D. France keeps still.

[单项选择]

If American investors have learned any lesson in the last 25 years, it is to buy shares on the dips. The slide in 2000--2002 may have been longer and deeper than they were used to but normal service was eventually resumed, driving the Dow Jones Industrial Average to a record high on October 1st.
Among American financial commentators, it is almost universally accepted that shares always rise over the long run. And one ought to expect shares (which are risky) to deliver a higher return than risk free assets such as government bonds.
Nevertheless, investors ought also to remember the world’s second largest economy, Japan. Its most popular stock-market average, the Nikkei 225, peaked at 38,915 on the last trading day of the 1980s; this week, nearly 18 years later, it is still only around 17,000, less than half its peak. Buying on the dips did not work either.
Professionals of the London Business School examined the record of 16 stock markets which were i
A. a place where the surface of something reaches its climax.
B. a place where the surface of something goes up suddenly and rapidly.
C. a place where the surface of something goes down suddenly then goes up again.
D. a place where the surface of something reaches its lowest point then goes up.

[单项选择]From the incident they have learned a lesson:______decisions often lead to bitter regrets.
A. urgent
B. hasty
C. instant
D. prompt

[单项选择]Violin prodigies, I learned, have come in distinct waves from distinct regions. Most of the great performers in the late 19th and early 20th centuries were born and brought up in Russia and Eastern Europe, I asked Isaac Stern, one of the world’s greatest violinists the reason for this phenomenon. "It is very clear," he told me, "They were all Jews (犹太人) and Jews at the time were severely oppressed and ill-treated in that part of the world. They were not allowed into the professional fields, but they were allowed to achieve excellence on a concert stage." As a result, every Jewish parent’s dream was to have a child in the music school because it was a passport to the West.
Another element in the emergence of prodigies, I found, is a society that values excellence in a certain field to nurture (培育) talent. Nowadays, the most nurturing societies seem to be in the Far East. "In Japan, a most competitive society, with stronger discipline than ours." says Isaac Stem, children are ready
A. enforce strong discipline on students who want to achieve excellence
B. treasure talent and provide opportunities for its full development
C. encourage people to compete with each other
D. promise talented children high positions