Global financial big dogs are no match for China's "Da Ma", or housewives, who have crowded into gold stores across China, buying up 300 tons of gold over the past two weeks. No wonder gold prices have steadied after taking a dive.
During the May Day holiday, gold stores were crowded with mostly female customers. Most of them are middle-aged "Chinese housewives". This group of buyers has risen to fame recently. They are big spenders and are desperate to get their hands on a bargain. "I bought some gold jewellery and kept them as a gift for my son when he gets married," said a buyer from Shanghai.
The gold business is skyrocketing. "Our sales are growing by the day. Yesterday we sold more than ten million yuan of gold products," a gold store salesperson said. The gold rush in China started about two weeks ago thanks to a decline in global gold prices. Media reports suggest that Chinese housewives have spent about 100 billion yuan, or about 16 billion US dollars, purchasing 300 tons of gold since mid-April. That has helped support gold prices.
"Gold prices depressed since the middle of last month but have risen gradually. That is mainly due to the strong demand from Asian markets," said foreign trader Zhang Chen from Industrial & Commercial Bank of China. "Some people even joked that Chinese housewives have beaten Wall Street analysts." For Chinese people, with limited investment options, the only thing better than buying gold is buying gold at discount prices.What does the author mean by the underlined sentence of the first paragraph?
A.The global big dogs can’t match with Chinese housewives. |
B.China's "Da Ma" help a lot to support the global economic crisis. |
C.Chinese housewives spend a great deal of money on gold. |
D.Chinese housewives have a better consumption idea than global financial big dogs. |
The whole passage mainly developed_______ ?
A.by comparison | B.by contrast | C.by quotation | D.by time order |
We can infer about the gold rush in China from the passage?
A.The Chinese housewives are most willing to spend money in buying gold. |
B.China's "Da Ma" crowded into stores to get gold as the best gifts for sons when they get married. |
C.China's "Da Ma" are bigger spenders and cleverer than global financial big dogs. |
D.China’s "Da Ma" become the largest gold buyers due to a decline in global gold prices. |
The author’s description about the passage is ______.
A.negative | B.subjective | C.doubtful | D.objective |
As we drove along, my spirits went up again, and I turned, with pleasure, to the thought of the new life which I was entering. But though it was not far past the middle of September, the heavy clouds and strong north-easterly wind combined to make the day extremely cold; and the journey seemed a very long one, so that it was nearly one o’clock before we reached the place of our destination. Yet when we entered the gateway, my heart failed me, and I wished it were a mile or two farther off. For the first time in my life I must stand alone: there was no retreating now. I must enter that house, and introduce myself among its strange people. But how was it to be done? True, I was near nineteen; but, thanks to the protecting care of my mother and sister, I well knew that many a girl of fifteen, or under, was gifted with a more womanly address, and greater ease and self-possession, than I was. Yet, anyway, I would do very well, after all; and the children, of course, I should soon be at ease with them.
“Be calm, be calm, whatever happens,” I said within myself; and truly I was so fully absorbed in steadying my nerves and keeping down the rebellious beat of my heart that when I was admitted into the hall and into the presence of Mrs. Bloomfield, I almost forgot to answer her polite greeting; and it afterwards struck me that the little I did say was spoken in the tone of one half-dead or half-asleep.
With due politeness, however, she showed me my bedroom, and left me there to take a little refreshment for a little while and led me into the dining-room. Some beefsteaks and potatoes were set before me; and while I dined upon these, she sat opposite, watching me (as I thought) and trying to keep something like a conversation— consisting chiefly of commonplace remarks. In fact, my attention was almost wholly absorbed in my dinner: not from appetite, but from the toughness of the beefsteaks, and the numbness of my hands.
“I have had so little time to attend to their education myself, but I think they are clever children, and very willing to learn, especially the little boy; he is, I think, the flower of the flock— a generous, noble-spirited boy, one to be led, but not driven, and remarkable for always speaking the truth.” “His sister Mary Ann will require watching,” continued she, “but she is a very good girl on the whole, though I wish her to be kept out of the nursery as much as possible, as she is now almost six years old, and might acquire bad habits from the nurses. I have ordered her bed to be placed in your room, and if you will be so kind as to look after her washing and dressing, and take charge of her clothes, she needs to have nothing further to do with the nursery maid.”
I replied I was quite willing to do so; and at that moment the children entered the room. Tom Bloomfield was a well-grown boy of seven. Mary was a tall girl, for her age of six, somewhat dark like her mother. The second sister was Fanny, a very pretty little girl, looking little younger than Mary. The remaining one was Harriet, a little broad, fat, merry, playful thing of scarcely two, whom I had more desire for than all the rest — but with her I had nothing to do.Which of the following statements best describes how the writer felt when she entered Mrs. Bloomfield’s home?
A.She was nervous, dissatisfied with her manners but still confident. |
B.She was cold, hungry but eager to see all the children in the family. |
C.She was frightened, nervous and regretful about her decision. |
D.She was calm, confident and very happy with all the family. |
What job would the writer take in Mrs Bloomfield’s home?
A.A nursery maid. | B.A house cleaner. | C.A home cook. | D.A family teacher. |
Which of the following was TRUE according to the passage?
A.The writer had some difficulty with her lunch because of the tough food and the cold. |
B.The delicious food took the writer's attention away from Mrs. Bloomfield’s words. |
C.All the children were well educated before the writer came to the family. |
D.All the children in the family were looked after by Mrs Bloomfield herself. |
From the passage, we can infer that _______.
A.Mrs Bloomfield would treat the writer kindly and help her a lot |
B.The youngest girl Harriet would be the writer’s favorite student |
C.the writer would take on more responsibilities than she should |
D.Tom Bloomfield would be the cleverest of all the children |
How do you design a pay plan that motivates people to do their best work? A new study by three Harvard researchers suggests a novel answer: Shortly after you hire new workers, give them a raise.
"Previous research has shown that paying people more than they expect may elicit reciprocity(相互作用) in the form of greater productivity," notes Deepak Malhotra, a Harvard business-administration professor who worked on the study. What he and his colleagues found, however, was that the connection between more pay and extra effort depends on presenting the increase "as a gift—that is, as something you've chosen to do purely as a nice gesture, with no strings attached."
Malhotra and his team studied 267 people hired by oDesk, a global online network of freelancers, to do a one-time data-entry project for four hours. All of the new hires were people in developing countries, for whom hourly wages of $3 and $4 were higher than what they had been making in previous jobs.
The researchers split the group up into three equal parts. One group was told they would earn $3 an hour. A second group was initially hired at $3 an hour but, before they started working, they got a surprise: The budget for the project had expanded unexpectedly, they were told, and they would now be paid $4 an hour. The third group was offered $4 an hour from the start and given no increase.
Even though the second and third groups were eventually paid the same amount, the second group worked harder and produced more—about 20% more—than either of the other two. People in the second group also showed the most stamina, maintaining their focus all the way through the assigned task and performing especially well toward the end of the four hours. Interestingly, the more experienced employees in the high-performing group were the most productive of all, apparently because their previous work experience led them to appreciate the rarity of an unexpected raise.
Contrary to conventional wisdom, Malhotra points out that higher pay, in and of itself, didn't promote productivity: People who made $4 an hour from the beginning worked no harder than those who were hired at $3 and were then paid $3.
To get the most impact from their pay plans, he adds, companies might consider not only what to pay new hires, but when to pay it.
"The key thing is how you present [the reason for an increase]," he says. Doling out extra money could promote productivity most "if you make it clear that the pay raise is something you're choosing to do just because you can. Our theory is that people will reciprocate. If you do something nice, they'll do something nice back."What does the underlined word “stamina” most probably mean?
A.The quality of being intelligent or clever. |
B.The quality of doing something difficult or dangerous. |
C.The physical or mental energy needed to do a tiring activity for a long time. |
D.A particular method of doing an activity, usually involving practical skills. |
Why did the second group produce more than the other two groups?
A.Because they thought they were better paid than the other groups. |
B.Because they were experienced employees from developing countries. |
C.Because an unexpected raise reminded them of their previous work. |
D.Because they felt they were nicely treated and tried best to repay it. |
What can we infer from this passage?
A.No pains, no gains. |
B.It matters not what we give but how. |
C.Honesty is the best policy. |
D.Actions speak louder than words. |
In the Caucasus region of Russia, nearly 50 out of every 100,000 people live to celebrate their 100th birthday, and many don’t stop at 100! By comparison, in America only 3 people in 100,000 reach 100. But these Russian old people aren’t alone. The Pakistanis, who live high in the Himalaya Mountains, and the Ecuadorans of the Andes Mountains seem to share the secret of long life, too.
These people remain healthy in body and spirit despite the passage of time. While many older persons in industrial societies become weak and ill in their 60s and 70s, some Caucasians aged 100 to 140, work in the fields beside their great-great-grandchildren. Even the idea of aging is foreign to them. When asked “at what age does youth end?”most of these old people had no answer. Several replied, “Well, perhaps at age 80.”
What accounts for this ability to survive to such old age, and to survive so well?First of all, hard physical work is a way of life for all of these long-lived people. They begin their long days of physical labor as children and never seem to stop. For example, Mr . Rustam Mamedov is 142 years of age. His wife is 116 years old. They have been married for 90 years. Mr. Mamedov has no intention of retiring from his life as a farmer. “Why?What else would I do?”he asks. All these people get healthful rewards from the environment in which they work. They all come from mountainous regions. They live and work at elevations of 1,660 to 1,000 meters above sea level. The air has less oxygen and is pollution-free. This reduced-oxygen environment makes the heart and blood vessel(血管) system stronger.
Another factor that may contribute to the good health of these people is theirisolation. To a great extent, they are separated from the pressures and worries of industrial society. Inherited factors also play some role. Most of the longest-lived people had parents and grandparents who also reached veryold ages. Good family genes may, therefore, be one factorin living longer.The example of Mr. and Mrs. Mamedov implies that some Caucasians aged 100to 140____.
A.become weak and hopeless |
B.are too old to work in the fields |
C.benefit from physical work |
D.are still working in the fields |
What is the main way of life for all of these long-lived people?
A.Retiring from their lives as farmers. |
B.Having been married for 90 years. |
C.Hard physical work. |
D.Having no intentions. |
Which of the following factors isn’t helpful to people’s health and long life?
A.Clean mountain air. |
B.Daily hard work. |
C.Good genes |
D.Stress and pressure. |
An increase in students applying to study economics at university is being attributed to the global economic crisis awakening a public thirst for knowledge about how the financial system works.
Applications for degree courses beginning this autumn were up by 15% this January, according to UCAS, the Universities and Colleges Admissions Service. A spokesman for the Royal Economic Society said applications to do economics at A-level were also up.
Professor John Beath, the president of the society and a leading lecturer at St Andrews University, said his first –year lectures—which are open to students from all departments were drawing crowds of 400, rather than the usual 250.
“There are a large number of students who are not economics majors, who would like to learn something about it. One of the things I have done this year is to relate my teaching to contemporary events in a way that one hasn’t traditionally done.” He said.
University applications rose 7% last year, but there were rises above average in several subjects. Nursing saw a 15% jump, with people’s renewed interest in careers in the public sector(部门), which are seen as more secure in economic crisis.
A recent study showed almost two thirds of parents believed schools should do more to teach pupils about financial matters, and almost half said their children had asked them what was going on, although a minority of parents felt they did not understand it themselves well enough to explain.
Zack Hocking, the head of Child Trust Funds, said, “It’s possible that one good thing to arise from the downturn(衰退) will be a generation that’s financially wiser and better equipped to manage their money through times of economic uncertainty.”Professor John Beath’s lectures are ___________.
A.given in a traditional way |
B.connected with the present situation |
C.open to both students and their parents |
D.warmly received by economics |
In the opinion of most parents, ___________.
A.economics should be the focus of school teaching |
B.more students should be admitted to universities |
C.the teaching of financial matters should be strengthened |
D.children should solve financial problems themselves |
What’s the main idea of the text?
A.Universities have received more applications. |
B.Economics is attracting an increasing number of students. |
C.College students benefit a lot from economic uncertainty. |
D.Parents are concerned with children’s subject selection. |
Finland (芬兰) is perhaps the most beautiful and mysterious country of Northern Europe. Two-thirds of its surface is covered with thick forests. Relative to its size, Finland has more lakes than any other country. The northern part of this country is inside the Arctic Circle, where almost no trees can grow because of its cold weather and the people use their deer of transport, clothing and food.
The Finnish history began in the Middle Ages. In about 1155, Finland was conquered (侵略) by its western neighbor Sweden (瑞典). After a period of rule by Denmark (丹麦) in the 14th century, the Swedes won back independence and power in 1523 under their brave king. During the Napoleonic (拿破仑的) Wars (1804-1818) Finland was passed finally from Sweden to Russia. The opportunity came in 1917, when the Russian Revolution brought foreign rule of Finland to an end. Shortly after Soviet Russia made peace with Germany, 1919 saw the founding of the Finnish Republic.
The years between the First and Second World Wars were years of progress and growing development. Finland is the fifth largest country in Europe, and despite a relatively small population of 5.2 million, the market potential is much greater. Finland has no coal or oil, and the nation’s wealth lies in the timber from its forests, which supplies material for paper and furniture making, and in the electric power from its water. Finland is an excellent gateway to trading with Russia and the Baltic States because of a long history of trading with these marks. Finland has also enjoyed a strong and long-Finland’s accession to the European Union in January 1995.From the passage, we learn that Finland _______.
A.lies inside the Arctic Circle |
B.lies east of Sweden |
C.is next to the countries of northern Europe |
D.is entirely covered with forests and lakes |
Finland must have been under the control of _______ for as long as one hundred years or so.
A.Russia | B.Denmark | C.Sweden | D.foreign countries |
Among natural resources, the Finnish people benefit mainly from _______.
A.coal and oil | B.forests and water | C.paper and furniture | D.timber and power industry |
What does the underlined word “timber” probably mean?
A.Fruits. | B.Wood. | C.Animals. | D.Money. |