[考研类试卷]考研英语(阅读)模拟试卷406及答案与解析.doc
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1、考研英语(阅读)模拟试卷 406 及答案与解析Part ADirections: Read the following four texts. Answer the questions below each text by choosing A, B, C or D. (40 points)0 Man is born free but is everywhere in debt. In the rich world, getting hold of your first credit card is a rite of passage far more important for your d
2、aily life than casting your first vote. Buying your first home normally requires taking on a debt several times the size of your annual income. And even if you shun the temptation of borrowing to indulge yourself, you are still saddled with your portion of the national debt.Throughout the 1980s and
3、1990s a rise in debt levels accompanied the “great moderation“, when growth was steady and unemployment and inflation remained low. No longer did Western banks have to raise rates to halt consumer booms. By the early 2000s a vast international scheme of vendor financing had been created. Those who c
4、autioned against rising debt levels were dismissed as doom-mongers; after all, asset prices were rising even faster, so balance-sheets looked healthy. And with the economy advancing, debtors could afford to meet their interest payments. In short, it paid to borrow and it paid to lend. Like alcohol,
5、a debt boom tends to induce euphoria. Traders and investors saw the asset-price rises as proof of their brilliance; central banks and governments thought that rising markets and higher tax revenues attested to the soundness of their policies.The answer to all problems seemed to be more debt. Depress
6、ed? Use your credit card for a shopping spree “because youre worth it“. Want to get rich quick? Work for a private-equity or hedge-fund firm, using borrowed money to enhance returns. Looking for faster growth for your company? Borrow money and make an acquisition. And if the economy is in recession,
7、 let the government go into deficit to bolster spending.Debt increased at every level, from consumers to companies to banks to whole countries. The effect varied from country to country, but a survey by the McKinsey Global Institute found that average total debt(private and public sector combined)in
8、 ten mature economies rose from 200% of GDP in 1995 to 300% in 2008. There were even more startling rises in Iceland and Ireland, where debt-to-GDP ratios reached 1,200% and 700% respectively. The burdens proved too much for those two countries, plunging them into financial crisis. Such turmoil is a
9、 sign that debt is not the instant solution it was made out to be.From early 2007 onwards there were signs that economies were reaching the limit of their ability to absorb more borrowing. The growth-boosting potential of debt seemed to peter out. According to Leigh Skene of Lombard Street Research,
10、 each additional dollar of debt was associated with less and less growth.1 It can be inferred from Paragraph 1 that a credit card may(A)symbolize adulthood.(B) replace voting right.(C) encourage loaning.(D)reduce inflation.2 We know from Paragraph 2 that debt boom in the last decades has(A)halted co
11、nsumer booms.(B) won universal welcome.(C) promoted economic growth.(D)confronted strong suspicions.3 “Like alcohol, a debt boom tends to induce euphoria“(Line 7, Para 2)indicates a debt boom(A)is beneficial to both borrowers and lenders.(B) seems to inspire self-satisfaction.(C) is hard to control
12、like strong wine.(D)has much potential to create profits.4 The examples of Iceland and Ireland are intended to show that(A)the effect of debt differs in each country.(B) the two countries have the highest debt rise.(C) debt isnt always an instant solution as believed.(D)debt rise is the origin of th
13、e financial crisis.5 According to this text, the author is likely to agree that(A)debt is unavoidable as well as necessary.(B) a booming economy always follows a debt rise.(C) more debt has been related to less growth.(D)debt is reaching its limit to boost economy.5 Labor is not just a meaningful ex
14、perienceits also a marketable one. When instant cake mixes were introduced, in the 1950s, housewives were initially resistant: The mixes were too easy, suggesting that their labor was undervalued. When manufacturers changed the recipe to require the addition of an egg, adoption rose dramatically. Ir
15、onically, increasing the labor involvedmaking the task more arduousled to greater liking.Research conducted with my colleagues Daniel Mochon, of Yale University, and Dan Ariely, of Duke University, shows that labor enhances affection for its results. When people construct products themselves, from b
16、ookshelves to Build-a-Bears, they come to overvalue their(often poorly made)creations. We call this phenomenon the IKEA effect, in honor of the wildly successful Swedish manufacturer whose products typically arrive with some assembly required.In one of our studies we asked people to fold origami(the
17、 Japanese art of folding paper into shapes representing objects)and then to bid on their own creations along with other peoples. They were consistently willing to pay more for their own origami. In fact, they were so fond of their amateurish creations that they valued them as highly as origami made
18、by experts.We also investigated the limits of the IKEA effect, showing that labor leads to higher valuation only when the labor is fruitful: When participants failed to complete an effortful task, the IKEA effect dissipated. Our research suggests that consumers may be willing to pay a premium for do
19、-it-yourself projects, but theres an important caution: Companies hoping to persuade their customers to assume labor costs for example, by nudging them toward self-service through internet channelsshould be careful to create tasks difficult enough to lead to higher valuation but not so difficult tha
20、t customers cant complete them.Finally, the IKEA effect has broader implications for organizational dynamics: It contributes to the sunk cost effect, whereby managers continue to devote resources to(sometimes failing)projects in which they have invested their labor, and to the not-invented-here synd
21、rome, whereby they discount good ideas developed elsewhere in favor of their(sometimes inferior)internally developed ideas. Managers should keep in mind that ideas they have come to love because they invested their own labor in them may not be as highly valued by their coworkersor their customers.6
22、Instant cake mixes is mentioned to(A)highlight the lifestyle in the 1950s.(B) demonstrate how peoples labor was undervalued.(C) stress the markets effect on human labor.(D)illustrate that labor leads to love for its results.7 Which of the following is true of the IKEA effect?(A)It refers to the phen
23、omenon that people usually undervalue their creations.(B) It is put forward by the honorable and successful manufacturer IKEA.(C) It explains why the participants think highly of their own origami.(D)It accounts for the popularity of do-it-yourself among youngsters. 8 We know from Paragraph 4 that t
24、he IKEA effect would disappear(A)as long as the labor is fruitful and effortful.(B) as the difficulty of the tasks heightens.(C) if the customers are unwilling to pay a premium.(D)when the task is beyond his/her ability.9 It is indicated in the last paragraph that(A)the IKEA effect has been broadly
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