资料:Children back at school, nights slowly starting to draw in and the weather more changeable. The seasons are turning and after an eerily calm summer for financial markets, there's a whiff of uncert

题目
资料:Children back at school, nights slowly starting to draw in and the weather more changeable. The seasons are turning and after an eerily calm summer for financial markets, there's a whiff of uncertainty in the air. Bond yields are up from their lows, and the relentless migration of global capital towards any asset, anywhere, with some yield, is slowing.
The concern is the growing awareness of central banks' waning ability to boost growth with ever-lower interest rates and ever-bigger purchases of assets. The debate about if, when and how slowly the US Federal Reserve will raise interest drags on, but if downward pressure on global bond yields from the European Central Bank (ECB) and the Bank of Japan's (BOJ) largesse is drawing to a close, that's a bigger milestone for markets.
A world of higher bond yields is one where the pressure to seek yield in exotic places is diminished. It's also a world where the capital gains that accompanied falling yields become capital losses and investors question the merit of bonds over cash (or equities).
This search for yield in exotic places has, since the end of January, helped the Brazilian real gain more than 20% against the US dollar, with the Russian rouble managing almost as much. The dollar, itself, has fallen back is by 7.5% fall in trade-weighted terms, unwinding nearly 40% of the gains it has seen since mind-2014.
There's no need to panic about bond yields rising, because rate rises in Japan or the Eurozone are years away and the Fed's still tinkering. But 10-year yields on both German and Japanese government bond yields fell below zero for the first time in late June. They have been edging higher through the summer. It's almost as if investors really aren't that keen on tying money up at negative yields for that long – why not stick to cash?
In the US, estimates of "neutral" real interest rates are tumbling to around zero. Estimates of how much slack there is left in the labour market are being revised up and after five years when productivity growth has averaged a measly 0.5%, there's widespread acceptance that it's unlikely to accelerate by magic.
But even if we take all of this into account, markets are now pricing in an extraordinarily slow pace of rate hikes by the Fed – from their current 0.25-0.5% range, to about 0.75% by the end of 2017 and to 1% by the end of 2018.
GDP growth still oscillates around 2%, the Fed's favoured measure of inflation is at 1.6% and the unemployment rate is trending lower. The pricing of the future path of short term rates seems too low even for the "new normal" economic environment.
All of these currencies have gained against the pound and I can't see that changing. Too much importance should not be placed on either the collapse in confidence immediately after the vote to leave the EU or the subsequent bounce.
The economic impact of leaving the EU will be felt through delayed investment decisions as a result of uncertainty about when and on what terms it happens. A debilitating rather than a corrosive impact on the economy will be seen in slower, but positive growth. It will also be felt in further (slower) sterling weakness.
The Bank of England has already cut policy rates from 0.5% to 0.25%, and there's more to come from both the Bank and the pound over the next year. A 5% fall from here would take the pound close to €1.1, and we could see it fall below $1.25 as the Federal Reserve edges rates higher.

According to the the passage which of the followings is Not true?

A.In recent years central banks adopt the method of lower interest rates and asset purchases to promote economic growth but now such ability of central banks have become increasingly weaker
B.Investors doubt that the yields will decline, because the bond prices of financial market are falling
C.In the first half of this year global financial markets are as changeable as the weather changes
D.The 10-year yields German and Japanese government bond have been moving up slowly through the summer
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相似问题和答案

第1题:

All too ( ) it was time for the kids to go back to school after the most merry summer holidays.

A、soon

B、quick

C、late

D、fast


参考答案:A

第2题:

A new scheme for getting children to and from school is being started by the education authorities in part of Eastern England. This could end the worries of many parents fearful for their children's safety on the roads.
Until now the Country Council has only been prepared to provide bus services for children living more than three miles from their school, or sometimes less if special reasons existed. Now it has been decided that if a group of parents ask for help in organizing transport they will be prepared to go ahead, provided the arrangement will not lose money and that children taking part will be attending their nearest school.
The new scheme is to be tried out this term for children living at Milton who attend Impington school. The children live just within the three-mile limit and the Council has said in the past it will not undertake to provide free transport to the school. But now they have agreed to organize a bus service from Milton to Impington and back, a plan which has the support of the school's headmaster.
Between 50 and 60 parents have said they would like their children to take part in. Final calculations have still to be carried out, but a council official has said the cost of parents should be less than $6.50 a tenn.
They have been able to arrange the service at a low cost because there is already an agreement with the bus company for a bus to take children who live further away to Impington. The same bus would now just make an extra journey to pick up the Milton children. The official said they would get in touch with other groups of parents who in the past had asked if transport could be provided for their children, to see if they would like to take part in the new scheme.
The new bus service will run__________.

A.on morning journeys to school only
B.in connection with an existing service
C.only for children living more than three miles away
D.only in wet weather

答案:B
解析:
根据第三段“ne children live just within the three—mile limit”和第五段“there is already an agreement with the bus company for a bus to take children who live further away to Impington”结合起来考虑,可以排除A、C,D项没有提及,故选B。

第3题:

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


正确答案:C

第4题:

Children for whom school has no point
Many children do not go to school either because their parents want them at home as carers for siblings,or simply because their parents cannot be bothered to send them.Thousands more are not registered at any school at all,because of their families'unstable lives.
Underlying this dreadful situation there are two central truths.First of all,the problem of children not going to school often has more to do with their parents than with the children themselves.Secondly,once children go to school,we need to make sure that the experience is a positive one so that they want to keep on going.
In Britain,the Ministry of Education has introduced a complex package of sticks and carrots to persuade Schools to bring truants'and excluded children back into the classroom.It is paying grants so that a thousand schools can set up special units to help these children.Schools receive the grant if they bring a target number of children back to school;if they do not meet the target,the grant is withdrawn.
Parents are the subject of this campaign,too:the Home Office has introduced fines for parents who fail to send their children to school,and has given the police power to pick up truants on the streets.
Truant=a child who does not go to school when he or she should.

Part of the problem is__.

A.that people feel very emotional
B.that parents worry their children at school
C.that these children think education is a waste of time
D.that there are not enough police to pick up truants on the streets

答案:C
解析:
第二段。最后一句中的positive experience意为“有用的知识”。全句大意是“对孩子来说,如果在学校学到的知识对他们有用,他们将愿意在学校学下去”,而不是去浪费时间。

第5题:

Children for whom school has no point
Many children do not go to school either because their parents want them at home as carers for siblings,or simply because their parents cannot be bothered to send them.Thousands more are not registered at any school at all,because of their families'unstable lives.
Underlying this dreadful situation there are two central truths.First of all,the problem of children not going to school often has more to do with their parents than with the children themselves.Secondly,once children go to school,we need to make sure that the experience is a positive one so that they want to keep on going.
In Britain,the Ministry of Education has introduced a complex package of sticks and carrots to persuade Schools to bring truants'and excluded children back into the classroom.It is paying grants so that a thousand schools can set up special units to help these children.Schools receive the grant if they bring a target number of children back to school;if they do not meet the target,the grant is withdrawn.
Parents are the subject of this campaign,too:the Home Office has introduced fines for parents who fail to send their children to school,and has given the police power to pick up truants on the streets.
Truant=a child who does not go to school when he or she should.

The Ministry of Education will take away a school's grant if__.

A.they do not reach their objectives
B.they do not contact parents
C.children escape from school
D.they meet their targets

答案:A
解析:
第三段。英国教育部设置了一种奖励制度,如果学校能将一定数目的应该念书的孩子劝回学校,该校就可获得一定的奖励。

第6题:

After casting off moorings at a mooring buoy in calm weather,you should______.

A.go full ahead on the engine(s)

B.back away a few lengths to clear the buoy and then go ahead on the engines

C.go half ahead on the engines and put the rudder hard right

D.go half ahead on the engines and pass upstream of the buoy


正确答案:B
在风平浪静的天气下在系船浮筒上解开缆绳,先后退一定距离避开浮筒,然后再继续前进。

第7题:

Children for whom school has no point
Many children do not go to school either because their parents want them at home as carers for siblings,or simply because their parents cannot be bothered to send them.Thousands more are not registered at any school at all,because of their families'unstable lives.
Underlying this dreadful situation there are two central truths.First of all,the problem of children not going to school often has more to do with their parents than with the children themselves.Secondly,once children go to school,we need to make sure that the experience is a positive one so that they want to keep on going.
In Britain,the Ministry of Education has introduced a complex package of sticks and carrots to persuade Schools to bring truants'and excluded children back into the classroom.It is paying grants so that a thousand schools can set up special units to help these children.Schools receive the grant if they bring a target number of children back to school;if they do not meet the target,the grant is withdrawn.
Parents are the subject of this campaign,too:the Home Office has introduced fines for parents who fail to send their children to school,and has given the police power to pick up truants on the streets.
Truant=a child who does not go to school when he or she should.

The Home Office__.

A.has given powers to the police to pick up parents
B.will give money to parents to send children to school
C.will go to the family and persuade parents and their children
D.will punish parents who fail to send their children to school

答案:D
解析:
最后一段。家庭办公室也实施一种政策,即不送孩子进校念书的家长要被罚款,并赋予警察权力。警察可以抓游荡在街上的学龄儿童。

第8题:

It is not stated but implied in the passage that ______.

A. Ellsworth Huntington is a fortune-teller rather than a scientist

B. cool weather is more effective on man's creative thinking

C. certain elements in nature are more active in one season than in other seasons

D. summer is a good season for vacation


正确答案:A
50.答案为A。根据第二段第一句,He found that cool weather is much more favorable for creative thinking than summer heat is作出该项选择。

第9题:

Children for whom school has no point
Many children do not go to school either because their parents want them at home as carers for siblings,or simply because their parents cannot be bothered to send them.Thousands more are not registered at any school at all,because of their families'unstable lives.
Underlying this dreadful situation there are two central truths.First of all,the problem of children not going to school often has more to do with their parents than with the children themselves.Secondly,once children go to school,we need to make sure that the experience is a positive one so that they want to keep on going.
In Britain,the Ministry of Education has introduced a complex package of sticks and carrots to persuade Schools to bring truants'and excluded children back into the classroom.It is paying grants so that a thousand schools can set up special units to help these children.Schools receive the grant if they bring a target number of children back to school;if they do not meet the target,the grant is withdrawn.
Parents are the subject of this campaign,too:the Home Office has introduced fines for parents who fail to send their children to school,and has given the police power to pick up truants on the streets.
Truant=a child who does not go to school when he or she should.

According to the text,there are thousands of children who__.

A.run away from school
B.live in stable families
C.are not registered at any school
D.stay at home doing the housework

答案:C
解析:
第一段。由于家庭生活的不稳定,超过数千的孩子甚至没有在学校注册。

第10题:

资料:Did your child's brain shrink last summer? Probably not, but it may have shifted into reverse, according to a study by Dr. Harris Cooper, professor of psychology at the University of Missouri-Columbia. The study found that when students return to school after a long summer vacation, they've lost one to three months worth of learning.
The decline is more detrimental for math than it is for reading. "All students lose math skills," says Cooper. It may be because community and home environments give kids more opportunities to practice reading than math. The study also found that income has an impact on how much a student loses or gains in reading. Middle-class children actually gained in reading over the summer, while lower-income students experienced losses. Cooper attributes this to the enrichment activities that many middle-class kids participate in over the summer, such as camp and trips.
Your kids don't have to spend the summer stuck in reverse. "Parents can help their kids retain educational skills," says Cooper. He suggests the following five tips to kick off a learning-filled summer.
1. Keep lots of books around and make regular trips to the library. Most libraries schedule special summer events for kids. Sign up your family!
2. Think about what your kids may be learning next year when you plan the family vacation. Talk with teachers to find out what they'll be covering in class. If it's a unit on the civil war for example, you may want to schedule a visit to Gettysburg. If it's geology, visit a national park.
3. Keep math in mind. Since kids lose more math skills than anything else over the summer, try to do some special planning to find math-related activities. For example, if you can't decide whether to sign your child up for "Shakespeare's Theater" or "Math Magic" at the local community center, go with the math.
4. Consider summer school or tutoring. Struggling kids can get a lot of different kinds of help from these programs. Summer school can also enrich and accelerate learning in areas where kids show a special interest.
5. Call the curriculum coordinator in your child's school district, visit the school board office, or contact the schools of education at local colleges and universities to find out what educational programs will be offered in your area over the summer.
Remember to keep it fun! You don't want to sour your kids on learning during the summer break.

Why is decline worse for math than it is for reading?( )

A.Because the community have the libraries
B.Because at home the parents will make kids reading more
C.Because in summer vacation kids have more time in reading
D.Because community and home give kids more opportunities to read

答案:D
解析:
本题考查的是细节理解。
【关键词】decline;math decline worse for math than; reading
【主题句】第2自然段The decline is more detrimental for math than it is for reading. "All students lose math skills," says Cooper. It may be because community and home environments give kids more opportunities to practice reading than math. 数学的退步比阅读更严重。库珀说:“所有学生的数学技能都倒退了。这也许是因为社会和家庭环境给孩子们更多的机会练习阅读而不是数学。”
【解析】本题的问题是“为什么数学的退步比阅读更严重?”。根据主题句可知,这是由于社会和家庭给了孩子更多的机会阅读,故D选项正确。

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