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Part Ⅲ
Passage One
Question 57 to 61 are based on the following passage.
When the right person is holding the right job at the right moment, that person's influence is greatly expanded. That is the position in which Janet Yellen, who is expected to be confirmed as the next chair of the Federal Reserve Bank (Fed) in January, now finds herself. If you believe, as many do, that unemployment is the major economic and social concern of our day, then it is no stretch to think Yellen is the most powerful person in the world right now.
Throughout the 2008 financial crisis and the recession and recovery that followed, central banks have taken on the role of stimulators of last resort, holding up the global economy with vast amounts of money in the form of asset buying. Yellen, previously a Fed vice chair, was one of the principal architects of the Fed's $3.8 trillion money dump. A star economist known for her groundbreaking work on labor markets, Yellen was a kind of prophetess early on in the crisis for her warning about the subprime(次级债)meltdown. Now it will be her job to get the Fed and the markets out of the biggest and most unconventional monetary program in history without derailing the fragile recovery.
The good news is that Yellen.67, is particularly well suited to meet these challenges. She has a keen understanding of financial markets, an appreciation for their imperfections and a strong belief that human suffering was more related to unemployment than anything else.
Some experts worry that Yellen will be inclined to chase unemployment to the neglect of inflation. Bat with wages still relatively flat and the economy increasingly divided between the well-off and the long-term unemployed, more people worry about the opposite, deflation(通货紧缩)that would aggravate the economy's problems.
Either way, the incoming Fed chief will have to walk a fine line in slowly ending the stimulus. It must be steady enough to deflate bubbles(去泡沫)and bring markets back down to earth but not quick that it creates another credit crisis.
Unlike many past Fed leaders, Yellen is not one to buy into the finance industry's argument that it should be left alone to regulate itself. She knows all along the Fed has been too slack on X of finance.
Yellen is likely to address the issue right after she pushes unemployment below X markets and makes sure that the recovery is more inclusive and robust. As Princeton Professor Alan Blinder says, “She's smart as a whip, deeply logical, willing to argue but also a good listener. She can persuade without creating hostility.” All those traits will be useful as the global economy's new power player takes on its most annoying problems.
57.【题干】What do many people think is the biggest problem facing Janet Yellen?
A.Lack of money.
B.Subprime crisis.
C.Unemployment.
D.Social instability.
【答案】C
58.【题干】What did Yellen help the Fed do to tackle the 2008 financial crisis?
A.Take effective measures to curb inflation.
B.Deflate the bubbles in the American economy.
C.Formulate policies to help financial institutions.
D.Pour money into the market through asset buying.
【答案】D
59.【题干】What is a greater concern of the general public?
A.Recession.
B.Deflation.
C.Inequality.
D.Income.
【答案】B
60.【题干】What is Yellen likely to do in her position as the Fed chief?
A.Develop a new monetary program.
B.Restore public confidence.
C.Tighten financial regulation.
D.Reform the credit system.
【答案】C
61.【题干】How does Alan Blinder portray Yellen?
A.She possesses strong persuasive power.
B.She has confidence in what she is doing.
C.She is one of the world’s greatest economists.
D.She is the most powerful Fed chief in history.
【答案】A
Passage Two
Questions 62 to 66 are based on the following passage.
Early decision—you apply to one school, and admission is binding—seems like a great choice for nervous applicants. Schools let in a higher percentage of early-decision applicants, which arguably means that you have a better chance of getting in. And if you do, you're done with the whole agonizing process by December. But what most students and parents don't realize is that schools have hidden motives for offering early decision.
Early decision, since it's binding, allows schools to fill their classes with qualified students; it allows admissions committees to select the students that are in particular demand for their college and know those students will come. It also gives schools a higher yield arte, which is often used as one of the way to measure college selectivity and popularity.
The problem is that this process effectively shortens the window of time students have to make one of the most important decisions of their lives up to that point. Under regular admissions, X have until May 1 to choose which school to attend; early decision effectively steals six X from them, months that could be used to visit more schools, do more research, speak to X students and alumni(校友)and arguably make a more informed decision.
There are, frankly, an astonishing number of exceptional colleges in America, and for any given student, there are a number of schools that are a great fit. When students become too fixation(专注)on a particular school early in the admissions process, that fixation can lead to severe XXX, if they do, the possibility that are now X to go to a XXX be right for them.
X who have done their research and are confident that there XX to get into should, under the current system, probably apply XX students who haven't yet done enough research, or who are still constant XX favorite schools, the early-decision system needlessly and prematurely XX just at a time when students should be opening themselves to XX options.
62.【题干】What are students obliged to do under early decision?
A.Look into a lot of schools before they apply.
B.Attend the school once they are admitted.
C.Think twice before they accept the offer.
D.Consult the current students and alumni.
【答案】B
63.【题干】Why do schools offer early decision?
A.To make sure they get qualified students.
B.To avoid competition with other colleges.
C.To provide more opportunities for applicants.
D.To save students the agony of choosing a school.
【答案】A
64.【题干】What is said to be the problem with early decision for students?
A.It makes their application process more complicated.
B.It places too high a demand on their research ability.
C.It allows them little time to make informed decisions.
D.It exerts much more psychological pressure on them.
【答案】C
65.【题干】Why are some people opposed to early decision?
A.It interferes with students' learning in high school.
B.It is biased against students at ordinary high schools.
C.It causes unnecessary confusion among college applicants.
D.It places students from lower-income families at a disadvantage.
【答案】文章信息不全,无法答题
66.【题干】What does the author advise college applicants to do?
A.Refrain from competing with students from privileged families.
B.Avoid choosing early decision unless they are fully prepared.
C.Find sufficient information about their favorite schools.
D.Look beyond the few supposedly thrilling options X.
【答案】D
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