[外语类试卷]BEC商务英语(中级)阅读模拟试卷54及答案与解析.doc
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1、BEC商务英语(中级)阅读模拟试卷 54及答案与解析 一、 PART ONE 0 Look at the statements below and the information on future home on the opposite page. Which section (A, B, C, or D) does each statement 1-7 refer to? For each statement 1-7, mark one letter (A, B, C, or D) on your Answer Sheet. You will need to use some of th
2、ese letters more than once. A Its the space where commodities traders turn into couch potatoes and kids spend every waking moment from the terrible twos to the terrifying teens. Whatever you want to call it-the living room, the family room, the playroom-its now the most wired room in the house, even
3、 more so, surprisingly, than the home office. So its about time you got some R but was accompanied by a marked rise in the rate of inflation and a serious balance of payments deficit. In carrying out its economic policy, the government uses two principal means-fiscal policy and monetary policy. (9)
4、Monetary policy is broadly neutral in its effects whilst fiscal and other measures can be used more discriminately-the redistribution of incomes and lower rates of corporation tax for small businesses are two examples. Government regulation of the money supply is important for economic stability. Ba
5、nks will wish to keep excess reserves when they do not foresee profitable and secure opportunities to make loans. This is likely to happen during the downswing and around the bottom of a business contraction. (10) During a recession, profit-oriented banks tend to reduce the money supply by increasin
6、g their excessive reserves if the central banks did not intervene. (11) . On the other hand, banks will want to squeeze possible money supply out of any given amount of cash reserves by keeping their reserves at the bare minimum when the demand for bank loans is buoyant, profits are high, and many i
7、nvestments suddenly start to look profitable. (12) The authorities must intervene to prevent this. The monetary authorities can exercise monetary control in two ways: either they can attempt to control interest (i. e. the price of money) or they can endeavor to control the money supply. A Fiscal pol
8、icy is concerned with taxation, subsidies and government spending; monetary policy, in contrast, is concerned with interest rates, the money supply and bank lending. B As the money supply is an important influence on aggregate demand such a contraction of money supply would exacerbate the severity o
9、f the recession. C This reduced incentive to hold excess reserves in prosperous times means that during an economic boom, the behavior of profit-oriented banks is likely to make the money supply expand, adding undesirable momentum to the booming economy and paving the way for a burst of inflation. D
10、 These objectives are sometimes extremely difficult to achieve. E When this occurs, the prosperity of banks to hold excess reserves will turn the money creation process into one of the money destruction. F For many years the main emphasis was on employment and balance of payments, but this adversely
11、 affected the pursuit of stable prices and economic growth. G When adopting monetary policy, the central bank usually takes action to change the equilibrium of the money market, that is, to alter the money supply, move the interest rate, or do both. 三、 PART THREE 12 Read the article below about fami
12、ly business, and the questions on the opposite page. For each question 13-18, mark one letter (A, B, C, or D) on your Answer Sheet for the answer you choose. FAMILY BUSINESSES Many people at some stage in their lives consider setting up a business with their partner or other members of their family.
13、 The idea may seem very appealing, but the reality of working with someone close to you can often create unforeseen problems. 80% of family-run businesses think that when times get tough, love, romance or family bonds will see them through. But the fact is that although 70% of businesses are family-
14、run, only 40% of these companies survive into the second generation. Why do so many family businesses fail? While money has traditionally been thought of as the root of all difficulties, the major problem is much more basic. In businesses which dont have family tie or relationships, people find it e
15、asier to communicate and to say what is on their mind. In contrast, with family businesses, people often make the mistake of thinking they know what views other family members have without actually discussing with them. There is one strategy which should be employed in all family businesses to prote
16、ct future problems. As time goes by, one partner may lose interest or not work as effectively as they are expected to. If each partners responsibilities are identified from the start so that they know exactly what is required of them, difficulties are less likely to arise as the business develops. I
17、t is also recommended to ask yourselves a few “what if“ questions before starting a family business. For example, what if one Of the partners brought a friend into the business and the others didnt like this person? What would you all do? To avoid this kind of situation, you should talk it over amon
18、gst yourselves. This sort of research can make you aware of both your own attitudes and the attitudes of the other members of the family before problems actually occur. Contracts are another potential problem area. Too many family businesses are run on the most informal terms. People often think it
19、an insult to ask a relative to sign a contract outlining the terms of a business venture. But you should treat the family business like any other business and get a professional to draw up a contract. Whether the business is profitable or not, it is supposed that the shares and who owns them must be
20、 clearly defined and written into a formal agreement. It must also be clear who is running the company. Some family businesses take a vote on every decision. Perhaps this exercise in democracy should be applauded, but it created so many complications that in the end the business failed. Even a small
21、 committee can sometimes be too large. In matters affecting the entire company, only one of you should be the decision maker. He or she doesnt have to be the largest shareholder, but should be the one best able to lead the business. Another type of problems arises when a relative decides to join an
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