[单项选择]So far, inflation is roaring in only a few sectors of the economy. While platinum has soared 121 percent, soybeans have risen 115 percent, and an index of Real Estate Investment Trusts has climbed 42 percent since May 2001, the consumer price index (CPI) has gone up only 4.2 percent during the same period. The challenge is figuring out what happens next.
Astute investors are asking two questions: 1) Will the dollar continue to decline 2) Which assets will continue to inflate
The value of the dollar matters because much of what Americans buy comes from abroad. And in the past two years, the dollar has been slipping badly: down some 25 percent against a basket of foreign currencies, including the euro and the yen. That makes imported goods more expensive. If the dollar falls further, the rise in prices could boost inflation.
And that’s exactly what some analysts predict. "This is not a run-of-the-mill problem where the currency corrects 25 percent" then stabilizes, says Da
A. When commodity prices are falling, natural-resource firms loses money.
B. Stock funds benefit when commodity prices rise.
C. Individual investors should hold on to a commodities fund when they have decided upon it.
D. Market performances of the stock funds and the commodities they have invested in are not necessarily the sam

[单项选择]So far, inflation is roaring in only a few sectors of the economy. While platinum has soared 121 percent, soybeans have risen 115 percent, and an index of Real Estate Investment Trusts has climbed 42 percent since May 2001, the consumer price index (CPI) has gone up only 4.2 percent during the same period. The challenge is figuring out what happens next.
Astute investors are asking two questions: 1) Will the dollar continue to decline 2) Which assets will continue to inflate
The value of the dollar matters because much of what Americans buy comes from abroad. And in the past two years, the dollar has been slipping badly: down some 25 percent against a basket of foreign currencies, including the euro and the yen. That makes imported goods more expensive. If the dollar falls further, the rise in prices could boost inflation.
And that’s exactly what some analysts predict. "This is not a run-of-the-mill problem where the currency corrects 25 percent" then stabilizes, says Da
A. the US economy is very dependent upon ever-increasing amounts of debt
B. the amount of borrowing today in the US for automobiles and housing is getting bigger and bigger
C. one of the main reasons for the depreciation of dollar is the ever increasing amounts of US domestic debts
D. the US federal government is creating credit because the people have already showed unwillingness to be indebted

[单项选择]
So far, inflation is roaring in only a few sectors of the economy. While platinum has soared 121 percent, soybeans have risen 115 percent, and an index of Real Estate Investment Trusts has climbed 42 percent since May 2001, the consumer price index (CPI) has gone up only 4.2 percent during the same period. The challenge is figuring out what happens next.
Astute investors are asking two questions: 1) Will the dollar continue to decline 2) Which assets will continue to inflate
The value of the dollar matters because much of what Americans buy comes from abroad. And in the past two years, the dollar has been slipping badly: down some 25 percent against a basket of foreign currencies, including the euro and the yen. That makes imported goods more expensive. If the dollar falls further, the rise in prices could boost inflation.
And that’s exactly what some analysts predict. "This is not a run-of-th
A. the US economy is very dependent upon ever-increasing amounts of debt
B. the amount of borrowing today in the US for automobiles and housing is getting bigger and bigger
C. one of the main reasons for the depreciation of dollar is the ever increasing amounts of US domestic debts
D. the US federal government is creating credit because the people have already showed unwillingness to be indebted

[单项选择]Our research has not shown us anything so far, so there is little （）to continue with it.
A. impatience
B. incentive
C. impulse
D. initiative

[单项选择]Only a few years ago globalization seemed irrepressible . We were all advancing on flood tides of international trade and investment.
A. impossible
B. possible
C. uncontrollable
D. improbable

[单项选择]Questions 11～15
Only a few hundred people live in Yvoire, but the small village on the southern shores of Lake Geneva has a lot to offer. It even enjoys the reputation of being one of the prettiest places in all of France-thanks to its medieval buildings, the unusually scenic view of the lake and its countless flowers which in summer months decorate many of the town’s houses. Yvoire is no longer a secret tip. On the contrary, many visitors who have set up their quarters nearby either in France or Switzerland, come to the town. And for many vacationers travelling southwards, Yvoire is an ideal stopping-off point. During some days of the main season the parking lots near the town center are filled up, while excursion boats bring in loads of tourists from across the lake. Now, in autumn, the atmosphere is tangibly quieter and the visitors are no longer tripping over each others’ feet.
For a tour around the town, one should set aside a bit of time. Many shops wil
A. taste
B. luxury
C. resort
D. popularity