题目内容
（请给出正确答案）
Financial markets improve economic welfare because______.
A．they allow funds to move from those without productive investment opportunities to those who have such opportunities
B．they allow consumers to time their purchases better
C．they weed out inefficient firms
D．all of the above
E．both A and B
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更多“Financial markets improve econ…”相关的问题
There are many basic reasons for these differences. One is that Continental savers tend to prefer gold, cash or short-term assets. They invest only 10% of their savings in institutions like pension funds or insurance companies. But in Britain 50% of saving goes to them, and they, in turn, invest directly in equity market. A far lower proportion of savings is put in the banks in the form. of liquid assets than on the Continent. Continental governments intervene directly or through the banks to collect savings together and transform. them into medium or long-term loans for investment. The equity market is largely bypassed. On the Continent economic planning tends to be far more centralized than in Britain. In Britain it is possible to influence decisions affecting the country's economy from within the City. It attracts skilled and highly qualified work force. In France, on the other hand, an intelligent young man who wants a career in finance would probably find the civil service more attractive.
In Britain the market, or more accurately, money tends to be regarded as an end in itself. On the Continent it is regarded as a means to an end; investment in the economy. To British eyes continental systems with the possible exception of the Dutch seem slow and inef-ficient. But there is one outstanding fact the City should not overlook, British's growth rates and levels of investment over the last ten years have been much lower than on the Continent. There are many reasons for this, but the City must take part of the blame. If it is accepted that the basic function of a financial market is to supply industry and commerce with finance in order to achieve desired rates of growth, it can be said that by concentrating oil the market for its own sake the City has tended to forget that basic function.
What is the best title for the passage？
A．Savings and the Growth Rate.
B．Banking and Finance: Two Different Realities.
C．Monetary Policy in Britain.
D．The European Continent and Britain.
If, by and large, we are to make the best use of microelectronics, planning at all levels is necessary so as to prevent the worst signs. Employers and unions must talk over Technology Agreement which will cover the speed, method operation, training and retraining needs associated with new processes and in which the maximum of advanced in formation is vital. Government as an employer is not freed from this procedure. Risk capital needs to be made available for new enterprises—the structure of capital markets in the United Kingdom provides (and can provide) very little. We have far too few qualified analysts or micro-electronic experts and are still training far too few.
The most important point, however, concerns works or the lack of it. As unemployment rises and as the chance of getting another job correspondingly diminishes, in present circumstances, the resistance to redundancy will rise, and quite understandably so. If people made redundant today represent an investment for an uncertain future then they must not be penalized—we encourage normal investment through grants and tax allowances, why not for people too？ Unions will almost certainly bargain for productivity payments to be applied to those who have been sacrificed so as to get the increased productivity and to minimize those sacrifices.
In longer terms, however, it is clear that the old attitudes to work will have to change. Leisure must be viewed as being important to human development as work itself. This involves changes in our primary and secondary school systems and provision of life-long education schemes. It is also the ideal opportunity to improve the services which have a person-to-person contact like health, social services, for example, to the disabled. In short, the next decade could see a take-off into a more caring society in which opportunities exist but the penalties for failure are lessened. This involves a reevaluation of public expenditure and what it is for; a reevaluation of work itself and a reevaluation of our political decision-making processes. While all this possible, it is also possible to drift in the opposite direction, towards an inhuman totalitarian regime where profit is the only belief. The choice is ours. We must not fail our children.
According to the author, to take full advantage of microelectronics, we must try to______.
A．reduce unemployment
B．preclude the most serious negative potentialities
C．increase our energy production
D．control both the unions and employers
Modem means of communication are so rapid that a buyer can discover 【36】______ asking, and can accept it if he wishes, 【37】______ he may be thousands of miles away. Thus the market for anything is 【38】______ . the whole world. But in fact things have, normally, only a local or national market.
This may be because nearly the whole demand is concentrated 【39】______ one locality. These special local demands, 【40】______ , are of quite minor importance. The main reason why many things do not have a world market is that they are costly or difficult to transport.
【21】
A．nothing other than
B．other than
C．more than
D．less than
What does "well ahead of the pack" mean in respect of the U. S. and Britain？
A．Their telecom technology is much more advanced.
B．Their telecom markets are much more open.
C．They have more money invested in foreign telecom business.
D．They have more competition in the telecom markets.
A.financial services
B.telecommunicaitons
C.retail
D.information services
The court considers a financial ______ to be an appropriate way of punishing him.
A．option
B．duty
C．obligation
D．penalty
A.MSc Financial Mathematics专业是与爱丁堡大学联合授课，可拿双学位
B.MSc Financial Mathematics要求申请者有很强的数学背景
C.MSc Financial Mathematics申请需要提交雅思
A.business
B.economical
C.commercial
D.financial
A: for
B: as
C: with
D: to
