[单项选择]According to the characteristics of the capital market, which of the following is most directly a function of primary capital markets and which is most directly a function of secondary capital markets Primary capital markets Secondary Capital markets（）①A. Source of liquidity Security underwriting ②B. Source of new capital Source of price information ③C. Source of price information Source of new capital
A. ①
B. ②
C. ③

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[单项选择]According to Ma Kai, drug prices in China now （）
A. are too high
B. are too low
C. are at a reasonable level
D. are changeable

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[单项选择]According to capital asset pricing model( CAPM), if an investor holds a portfolio that lies on the capital market line(CML) to the right of the market portfolio, that investor should expect that his portfolio will:（）
A. earn less return than on the market portfolio.
B. earn more return than on the market portfolio.
C. have less systematic risk than the market portfolio.

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[单项选择]According to the interview, what happened since Mary Ann were 100
A. She had a blimp ride.
B. She had a horse ride.
C. She touched the Hollywood sign.
D. She stayed at home.

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[简答题]capital chain

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[简答题]rhetoric characteristics of idioms

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[填空题]

A. cash
B. capital
C. loan capital
D. fixed capital
E. annual report
F. transaction
G. credit
H. long-term credit
I. low-interest credit
J. commercial credit
K. demand deposit
L. fixed deposit
M. short deposit
N. national bank
O. reserve bank
P. currency
Q. reserve currency
R. interest rate

交易（）；固定资本（）

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[单项选择]

Passage Three

According to the best historical and archaeological evidence, it is estimated that it took about 800 thousand to 1 million years for the earth's population to reach the 250 total which existed at the end of the first century 'after Christ. For some time after that, disease, famine, and war kept the population increase down to a fraction of 1 percent a year so that more than 15 centuries passed before the population reached 500 million. But in the next 250 years, up to 1850, the population of the world shot up to the 1 billion mark, and today it has reached 3 billion. It is predicted by United Nations investigators that in the next 35 years the population of the world will double.
When experts are asked what the most effective measure which overpopulation poses, they reply that at least three measur
A. 1850 and today
B. 100 and the year 1600
C. 100 and the year 1400
D. 1 and the year 100

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