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Text 1

Inflation has just exploded. The real problem is that we have an underlying rate of inflation— an impetus of wages chasing prices—of maybe 9 percent that is heading towards 10 percent. There also have been tremendous shocks in energy, food and housing prices, making it worse.
By the end of the year, we will be in a situation where year in, year out, we can look forward to at least 10 percent inflation. And the question will be: How much worse will oil, food and housing prices make that
The situation has degenerated to the point that the only way to turn it around is to think of some very extreme changes in policy. A policy of gradualism, where you’re talking about a mild recession and another 1 to 2 million people unemployed, won’t make much difference. Postponing action just means that inflation presses further and is even more difficult to deal with.
You have to start with revenue and monetary restraint. All
A. energy crises
B. mounting wages
C. housing shortage
D. shrinking market

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Text 1

Inflation has just exploded. The real problem is that we have an underlying rate of inflation— an impetus of wages chasing prices—of maybe 9 percent that is heading towards 10 percent. There also have been tremendous shocks in energy, food and housing prices, making it worse.
By the end of the year, we will be in a situation where year in, year out, we can look forward to at least 10 percent inflation. And the question will be: How much worse will oil, food and housing prices make that
The situation has degenerated to the point that the only way to turn it around is to think of some very extreme changes in policy. A policy of gradualism, where you’re talking about a mild recession and another 1 to 2 million people unemployed, won’t make much difference. Postponing action just means that inflation presses further and is even more difficult to deal with.
You have to start with revenue and monetary restraint. All
A. a policy of gradualism
B. sacrifice of public interests
C. radical changes of policy
D. postponing of drastic actions

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TEXT C

Real policemen hardly recognize any resemblance between their lives and what they see on TV. There are similarities, of course, but the cops don’t think much of them.
The first difference is that a policeman’s real life revolves round the law. Most of his training is in criminal law, and what is more, he has to apply it oh his feet, in the dark and rain, running down an alley after someone he wants to talk to.
Little of his time is spent in chatting to a scantily-clad lady or in dramatic confrontation with desperate criminals He will spend most of his working life typing millions of words on thousands of forms about hundreds of sad, unimportant people who are guilty--or not--of stupid, petty crimes.
Most television crime drama is about finding the criminals as soon as he’s arrested, the story is over. In real life, finding criminals is seldom much of a problem except in very serious cases like murders and t

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[单项选择]What he has just said has little to do with the question ______ discussion.
A. on
B. under
C. in
D. at

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[单项选择]Text 2

Uruguay has been a proud exception to the privatizing wave that swept through South America in the 1990s. Its state-owned firms are more efficient than many of their counterparts in Argentina and Brazil ever were. In 1992, Uruguayans voted in a referendum against privatizing telecoms. They rightly observe that some of Argentina’s sales were smashed, creating inefficient private monopolies. And with unemployment at 15%, nobody is enthusiastic about the job cuts privatization would involve.
That leaves President Jorge Batlle with a problem. Uruguay has been in recession for the past two years, mainly because of low prices for its agricultural exports, and because of Argentina’s woes. But public debt is at 45% of GDP, and rising. Some economists argue that privatization would give a boost to the economy, by attracting foreign investme
A. moved in the privatizing wave
B. adopted the same measure as that of Argentina
C. sticked to its old economic mode
D. developed very slowly

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[单项选择]Text 4

It has been a wretched few weeks for America’s celebrity bosses. AIG’s Maurice Greenberg has been dramatically ousted from the firm through which he dominated global insurance for decades. At Morgan Stanley a mutiny is forcing Philip Purcell, a boss used to getting his own way, into an increasingly desperate campaign to save his skin. At Boeing, Harry Stonecipher was called out of retirement to lead the scandal-hit firm and raise ethical standards, only to commit a lapse of his own, being sacked for sending e- mails to a lover who was also an employee. Carly Fiorina was the most powerful woman in corporate America until a few weeks ago, when Hewlett-Packard (HP) sacked her for poor performance. The fate of Bernie Ebbers is much grimmer. The once high-profile boss of WorldCom could well spend the rest of his life behind bars following his
A. sympathetic.
B. supportive.
C. indifferent.
D. uninterested.

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