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Text 4 The Big Mac index is built on the idea of purchasing-power parity,the theory that in the long run currencies will converge until the same amount of money buys the same amount of goods and services in every country.A Big Mac cunently costs$5.06 in America but just 10.75 lira（$2.75）in Turkey,implying that the lira is undenalued.However,ot:her currencies are even cheaper.In Big Mac tenns,the Mexican peso is underval-ued by 55.9%against the greenback.Last week it also hit a record low as Mr Trump restated some of his campaign threats against Mexico.The peso has lost a tenth of iLs value against the dollar since November.Of big countries,only Russia offers a cheaper Big Mac,in dollar terms,even though the rouble has strengthened over the past year.The euro zone is also prey to political uncerLainty.Elections are scheduled this year in the Netherlands,France and Germany,and possible in Italy.The euro recently fell to its lowest level since 2003.Britain's Brexit vote has had an even bigger effect on the pound,which has fallen to$1.21,a 31-year low.According to the Big Mac index,the euro and the pound are undervalued against the dollar by 19.7%and 26.3%,respectively.One of the drawbacks of the Big Mac index is that it takes no account of labour costs.It should surprise no one that a Big Mac costs less in Shanghai than it does in San Francisco,since Chinese workers eam far less than their American counterparts.So in a slightly more sophisticated version of the Big Mac index,we take account of a country's average income.Hisiorically,this adjustment has tended to raise currencies'valuations against the dollar,so emerging-market currencies tend to look more reasonably priced.The Chinese yuan,for example,is 44%undervalued against the doUar according to our baseline Big Mac index,but only 7%according to the adjusted one.The deluxe Big Mac index has typically made rich-world currencies look more expensive.Because western Europeans have higher costs of Iiving and lower incomes than Americans,the euro has traded at around a 25%premium against the dollar in income-adjusted burger terms since Lhe euro's inception.But what once seemed to be a constant truth of burgemomics is true no longer.So strong is the dollar Lhat even the adjusted Big Mac index finds the euro undenalued.The dollar is now Uading at a 14-year high in trade-weighted terms.Emerging-world economies may struggle to pay off dollar denominated debts.American firms may find themselves at a disadvantage agzunst foreign competition.And American tourists will get more burgers for their buck in Europe.American tourists in Europe may find that_______.
A.burgers are much mOR expensive
B.they have strong purchasing power
C.dollar will maintain its dominant position
D.they are faced with fierce competition
B.they have strong purchasing power
C.dollar will maintain its dominant position
D.they are faced with fierce competition
参考答案
参考解析
解析：细节题。根据American tourists，iIl Europe等词定位到最后一段最后一句：And American tourists will get more burgers for their buck in Europe.“而美国游客将会在欧洲用美元买到更多的汉堡。”[A]burgers are much more expensive“汉堡更加昂贵”；该项与原文表述相反，可以排除。[B]they have sLrong purchasing power“他们有强大的购买力”；该项与原文表述相近。[C]dollar will maintain iIs dominant position“美元将会维持其主导地位”；“将要维持主导地位”的说法，在时态上与原文不符合，原文并没有对未来进行推测，属于主观臆断。[D]they are faced with fierce competition”他们面临激烈竞争”：该项与答案毫无关联，容易排除。从感情色彩判断，原文的get more burgers for their buck是正向表达，选项[A]中“more expensive”，[C]中“lost”，[D]中“fierce competition”均为负面信息，只有[B]中“strong”为正向，故[B]为正确答案。
更多 “Text 4 The Big Mac index is built on the idea of purchasing-power parity,the theory that in the long run currencies will converge until the same amount of money buys the same amount of goods and services in every country.A Big Mac cunently costs$5.06 in America but just 10.75 lira（$2.75）in Turkey,implying that the lira is undenalued.However,ot:her currencies are even cheaper.In Big Mac tenns,the Mexican peso is underval-ued by 55.9%against the greenback.Last week it also hit a record low as Mr Trump restated some of his campaign threats against Mexico.The peso has lost a tenth of iLs value against the dollar since November.Of big countries,only Russia offers a cheaper Big Mac,in dollar terms,even though the rouble has strengthened over the past year.The euro zone is also prey to political uncerLainty.Elections are scheduled this year in the Netherlands,France and Germany,and possible in Italy.The euro recently fell to its lowest level since 2003.Britain's Brexit vote has had an even bigger effect on the pound,which has fallen to$1.21,a 31-year low.According to the Big Mac index,the euro and the pound are undervalued against the dollar by 19.7%and 26.3%,respectively.One of the drawbacks of the Big Mac index is that it takes no account of labour costs.It should surprise no one that a Big Mac costs less in Shanghai than it does in San Francisco,since Chinese workers eam far less than their American counterparts.So in a slightly more sophisticated version of the Big Mac index,we take account of a country's average income.Hisiorically,this adjustment has tended to raise currencies'valuations against the dollar,so emerging-market currencies tend to look more reasonably priced.The Chinese yuan,for example,is 44%undervalued against the doUar according to our baseline Big Mac index,but only 7%according to the adjusted one.The deluxe Big Mac index has typically made rich-world currencies look more expensive.Because western Europeans have higher costs of Iiving and lower incomes than Americans,the euro has traded at around a 25%premium against the dollar in income-adjusted burger terms since Lhe euro's inception.But what once seemed to be a constant truth of burgemomics is true no longer.So strong is the dollar Lhat even the adjusted Big Mac index finds the euro undenalued.The dollar is now Uading at a 14-year high in trade-weighted terms.Emerging-world economies may struggle to pay off dollar denominated debts.American firms may find themselves at a disadvantage agzunst foreign competition.And American tourists will get more burgers for their buck in Europe.American tourists in Europe may find that_______.A.burgers are much mOR expensive B.they have strong purchasing power C.dollar will maintain its dominant position D.they are faced with fierce competition” 相关考题
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Text 4 The Big Mac index is built on the idea of purchasing-power parity,the theory that in the long run currencies will converge until the same amount of money buys the same amount of goods and services in every country.A Big Mac cunently costs$5.06 in America but just 10.75 lira（$2.75）in Turkey,implying that the lira is undenalued.However,ot:her currencies are even cheaper.In Big Mac tenns,the Mexican peso is underval-ued by 55.9%against the greenback.Last week it also hit a record low as Mr Trump restated some of his campaign threats against Mexico.The peso has lost a tenth of iLs value against the dollar since November.Of big countries,only Russia offers a cheaper Big Mac,in dollar terms,even though the rouble has strengthened over the past year.The euro zone is also prey to political uncerLainty.Elections are scheduled this year in the Netherlands,France and Germany,and possible in Italy.The euro recently fell to its lowest level since 2003.Britain's Brexit vote has had an even bigger effect on the pound,which has fallen to$1.21,a 31-year low.According to the Big Mac index,the euro and the pound are undervalued against the dollar by 19.7%and 26.3%,respectively.One of the drawbacks of the Big Mac index is that it takes no account of labour costs.It should surprise no one that a Big Mac costs less in Shanghai than it does in San Francisco,since Chinese workers eam far less than their American counterparts.So in a slightly more sophisticated version of the Big Mac index,we take account of a country's average income.Hisiorically,this adjustment has tended to raise currencies'valuations against the dollar,so emerging-market currencies tend to look more reasonably priced.The Chinese yuan,for example,is 44%undervalued against the doUar according to our baseline Big Mac index,but only 7%according to the adjusted one.The deluxe Big Mac index has typically made rich-world currencies look more expensive.Because western Europeans have higher costs of Iiving and lower incomes than Americans,the euro has traded at around a 25%premium against the dollar in income-adjusted burger terms since Lhe euro's inception.But what once seemed to be a constant truth of burgemomics is true no longer.So strong is the dollar Lhat even the adjusted Big Mac index finds the euro undenalued.The dollar is now Uading at a 14-year high in trade-weighted terms.Emerging-world economies may struggle to pay off dollar denominated debts.American firms may find themselves at a disadvantage agzunst foreign competition.And American tourists will get more burgers for their buck in Europe.We can leam from Paragraph 3 that______A.political uncertainty will not affect European countries
B.economic depression is the real reason for euro's devaluation
C.the value of currency is completely decided by domestic factors
D.the devaluation of the pound is mainly caused by Britain's policy
考题
Text 4 The Big Mac index is built on the idea of purchasing-power parity,the theory that in the long run currencies will converge until the same amount of money buys the same amount of goods and services in every country.A Big Mac cunently costs$5.06 in America but just 10.75 lira（$2.75）in Turkey,implying that the lira is undenalued.However,ot:her currencies are even cheaper.In Big Mac tenns,the Mexican peso is underval-ued by 55.9%against the greenback.Last week it also hit a record low as Mr Trump restated some of his campaign threats against Mexico.The peso has lost a tenth of iLs value against the dollar since November.Of big countries,only Russia offers a cheaper Big Mac,in dollar terms,even though the rouble has strengthened over the past year.The euro zone is also prey to political uncerLainty.Elections are scheduled this year in the Netherlands,France and Germany,and possible in Italy.The euro recently fell to its lowest level since 2003.Britain's Brexit vote has had an even bigger effect on the pound,which has fallen to$1.21,a 31-year low.According to the Big Mac index,the euro and the pound are undervalued against the dollar by 19.7%and 26.3%,respectively.One of the drawbacks of the Big Mac index is that it takes no account of labour costs.It should surprise no one that a Big Mac costs less in Shanghai than it does in San Francisco,since Chinese workers eam far less than their American counterparts.So in a slightly more sophisticated version of the Big Mac index,we take account of a country's average income.Hisiorically,this adjustment has tended to raise currencies'valuations against the dollar,so emerging-market currencies tend to look more reasonably priced.The Chinese yuan,for example,is 44%undervalued against the doUar according to our baseline Big Mac index,but only 7%according to the adjusted one.The deluxe Big Mac index has typically made rich-world currencies look more expensive.Because western Europeans have higher costs of Iiving and lower incomes than Americans,the euro has traded at around a 25%premium against the dollar in income-adjusted burger terms since Lhe euro's inception.But what once seemed to be a constant truth of burgemomics is true no longer.So strong is the dollar Lhat even the adjusted Big Mac index finds the euro undenalued.The dollar is now Uading at a 14-year high in trade-weighted terms.Emerging-world economies may struggle to pay off dollar denominated debts.American firms may find themselves at a disadvantage agzunst foreign competition.And American tourists will get more burgers for their buck in Europe.Turkish lira is mentioned to show that______.A.Big Mac index is unreliable
B.lira's purchasing power is low
C.hamburgers are cheaper in Turkey
D.some currencies are underestimated
考题
Text 4 The Big Mac index is built on the idea of purchasing-power parity,the theory that in the long run currencies will converge until the same amount of money buys the same amount of goods and services in every country.A Big Mac cunently costs$5.06 in America but just 10.75 lira（$2.75）in Turkey,implying that the lira is undenalued.However,ot:her currencies are even cheaper.In Big Mac tenns,the Mexican peso is underval-ued by 55.9%against the greenback.Last week it also hit a record low as Mr Trump restated some of his campaign threats against Mexico.The peso has lost a tenth of iLs value against the dollar since November.Of big countries,only Russia offers a cheaper Big Mac,in dollar terms,even though the rouble has strengthened over the past year.The euro zone is also prey to political uncerLainty.Elections are scheduled this year in the Netherlands,France and Germany,and possible in Italy.The euro recently fell to its lowest level since 2003.Britain's Brexit vote has had an even bigger effect on the pound,which has fallen to$1.21,a 31-year low.According to the Big Mac index,the euro and the pound are undervalued against the dollar by 19.7%and 26.3%,respectively.One of the drawbacks of the Big Mac index is that it takes no account of labour costs.It should surprise no one that a Big Mac costs less in Shanghai than it does in San Francisco,since Chinese workers eam far less than their American counterparts.So in a slightly more sophisticated version of the Big Mac index,we take account of a country's average income.Hisiorically,this adjustment has tended to raise currencies'valuations against the dollar,so emerging-market currencies tend to look more reasonably priced.The Chinese yuan,for example,is 44%undervalued against the doUar according to our baseline Big Mac index,but only 7%according to the adjusted one.The deluxe Big Mac index has typically made rich-world currencies look more expensive.Because western Europeans have higher costs of Iiving and lower incomes than Americans,the euro has traded at around a 25%premium against the dollar in income-adjusted burger terms since Lhe euro's inception.But what once seemed to be a constant truth of burgemomics is true no longer.So strong is the dollar Lhat even the adjusted Big Mac index finds the euro undenalued.The dollar is now Uading at a 14-year high in trade-weighted terms.Emerging-world economies may struggle to pay off dollar denominated debts.American firms may find themselves at a disadvantage agzunst foreign competition.And American tourists will get more burgers for their buck in Europe.Which of the following is the best iitle for the text?A.Big Mac Index:Lhe Undervalued Currencies
B.Big Mac Index:Lhe Underestimated DoIJars
C.Big Mac Index:the Declining Economies
D.Big Mac Index:Dollars VS Euros
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共用题干
InflationBusiness and government leaders also consider the inflation rate to be an important general mndi-cator. Inflation is a period of increased spending that causes rapid rises in prices.________(51) your money buys fewer goods so that you get________(52)for the same amount of money as be-fore,inflation is the problem. There is a general rise_________(53)the price of goods and serv-ices.Your money buys less.Sometimes people describe inflation as a time when"a dollar is not worth a dollar anymore".Inflation is a problem for all consumers.People who live on a fixed income are hurt the __________(54).Retired people,for instance,cannot count on an increase in income as prices rise. Elderly people who do not work face serious problems in stretching their incomes to_________(55) their needs in time of inflation.Retirement income________(56)any fixed income usually does not rise as fast as prices.Many retired people must cut their spending to_________(57)rising prices. In many cases they must stop_________(58)some necessary items,such as food and clothing. Even_________(59)working people whose incomes are going up,inflation can be a problem.The __________(60)of living goes up,too.People who work must have even more money to keep up their standard of living. Just buying the things they need costs more.When incomes do not keep ________(61)with rising prices,the standard of living goes down.People may be earning the same amount of money,but they are not living as well because they are not able to buy as many goods and services.Government units gather information about prices in our economy and publish it as price indexes _________(62)the rate of change can be determined.A price index measures changes in prices using the price for a_________(63)year as the base.The base price is set at 100,and the other prices are reported as a________(64)of the base price.A price index makes________(65)possible to compare current prices of typical consumer goods,for example,with prices of the same goods in previous years._________(60)A:price B:levelC:cost D:standard
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A round trip flight from Britain to Australia produces the same amount of carbon dioxide as three average cars do in a year.A.Right
B.Wrong
C.Not mentioned
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共用题干
InflationBusiness and government leaders also consider the inflation rate to be an important general indicator. Inflation is a period of increased spending that causes rapid rises in prices.________(51)your money buys fewer goods so that you get________(52)for the same amount of money as before,inflation is the problem. There is a general rise________(53)the price of goods and services.Your money buys less.Sometimes people describe inflation as a time when"a dollar is not worth a dollar anymore".Inflation is a problem for all consumers.People who live on a fixed income are hurt the ________(54).Retired people,for instance,cannot count on an increase in income as prices rise. Elderly people who do not work face serious problems in stretching their incomes to________(55) their needs in time of inflation.Retirement income________(56)any fixed income usually does not rise as fast as prices.Many retired people must cut their spending to________(57)rising prices.In many cases they must stop________(58)some necessary items,such as food and clothing. Even________(59)working people whose incomes are going up,inflation can be a problem.The________(60)of living goes up,too.People who work must have even more money to keep up their standard of living.Just buying the things they need costs more.When incomes do not keep________(61)with rising prices,the standard of living goes down.People may be earning the same amount of money,but they are not living as well because they are not able to buy as many goods and services.Government units gather information about prices in our economy and publish it as price indexes ________(62)the rate of change can be determined.A price index measures changes in prices using the price for a________(63)year as the base.The base price is set at 100,and the otherprices are reported as a________(64)of the base price.A price index makes________(65)possible to compare current prices of typical consumer goods,for example,with prices of the samegoods in previous years._________(56)A:or B:andC:excluding D:including
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What is system balance? （）A、Each cell can handle the same amount of subscribersB、The network is dimensioned for all mobile classesC、All cells are of the same sizeD、All BTSs use the same output powerE、Uplink and downlink coverage is the same
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What is the same meaning of location value? （）A、Different valueB、Different value of same goods at the different placeC、Different goodsD、Different value of different goods at the same place
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单选题According to the text, starry flounder differ form most other species of flatfish in that starry flounder ______.A
are not basically bilaterally symmetricB
do not become asymmetric until adulthoodC
do not all share the same asymmetryD
have both eyes on the same side of the head
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单选题The amount of heat released by steam when it changes to water at the same temperature is called（）.A
latent heat of condensationB
latent heat of vaporizationC
latent heat of saturationD
sensible heat of condensation
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单选题Good title to the Goods delivered to the ship shall not pass to the（）until full payment for same has been made.A
VendorB
PurchaserC
MasterD
Shipper
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