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侵犯人体，“藏于皮肤之间，腠理开则洒然寒，闭则热而闷”的邪气是
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侵犯人体最易引起疼痛的六淫邪气是
湿
火
风
寒
燥
不得虚邪不能独伤人主要指的是
邪气是发病的重要条件
邪气伤人，必伤人体的正气
正气不足，邪气易于侵犯人体
正气不足，邪气亢盛
正气虚弱，邪气不足
柴胡证往来寒热休作有时的产生机制主要是
血弱气弱，腠理开
藏府相连，邪高痛下
邪气与正气相搏于胁下
正邪分争于表里之间
邪气与正气相搏于腠理
六淫邪气侵犯人体最易引起疼痛的邪气是
风
寒
暑
湿
火
侵犯人体藏于皮肤之间腠理开则洒然寒闭则热而闷的邪气是
风邪
燥邪
湿邪
寒邪
热邪
一般外感为病常以为先驱其它邪气多依附于而侵犯人体如之类
下列哪些是灵枢·本藏所言卫气的功能
适寒温
温分肉
肥腠理
司开合
充皮肤
侵犯人体阻滞经络引发关节疼痛重着的邪气是
热邪
寒邪
暑邪
湿邪
燥邪
六淫邪气侵犯人体最易引起疼痛的邪气是
火
寒
湿
风
燥
六淫邪气侵犯人体最易引起疼痛的邪气是
风
燥
湿
寒
火
侵犯人体可引起关节疼痛重着症状的邪气是
暑邪
热邪
湿邪
寒邪
燥邪
易致人体腠理开泄汗出伤津的邪气为
燥邪
寒邪
暑邪
湿邪
热邪
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EuropeanfarmministershaveendedthreeweeksofnegotiationswithadealwhichtheyclaimrepresentsgenuinereformofthecommonagriculturalpolicyCAP.WillitbeenoughtokickofftheDohaworldtradenegotiations OnthefaceofitthedealagreedintheearlyhoursofThursdayJune26thlookspromising.Mostsubsidieslinkedtospecificfarmproductsareatlasttobebroken--theideaistoreplacethesewithadirectpaymenttofarmers.unconnectedtoparticularproducts.Supportpricesforseveralkeyproductsincludingmilkandbutteraretobecut-thatshouldmeanEuropeanpriceseventuallyfallingtowardstheworldmarketlevel.Cut-tingthelinkbetweensubsidyandproductionwasthemainobjectiveofproposalsputforwardbyMr.Fischlerwhichhadformedthestartingpointforthenegotiations. TheCAPishugelyunpopulararoundtheworld.ItsubsidizesEuropeanfarmerstosuchanextentthattheycanundercutfarmersfrompoorcountrieswhoalsofacetradebarriersthatlargelyexcludethemfromthepotentiallylucrativeEuropeanmarket.FarmtradeisalsoakeyfeatureoftheDoharoundoftradetalkslaunchedundertheauspicesoftheWorldTradeOrganizationWTOinNovember2001.DevelopingcountrieshavelinedupalongsideanumberofindustrialcountriestodemandanendtothemassivesubsidiesEuropepaysitsfarmers.SeveralDohadeadlineshavealreadybeenmissedbecauseoftheEU’sintransigenceandthesurvivalofthetalkswillbeatriskifnoprogressismadebySeptemberwhentheworld’stradeministersmeetinCancunMexico. ButnoweventheFrenchseemtohavegonealongwiththedealhammeredoutinLuxembourg.Uptoapointanyway.Thepackageofmeasuresgivesthegreenlightforthemosteagerreformerstomovefasttoimplementthechangeswithintheirowncountries.ButthereisanescapeclauseofsortsfortheFrenchandotherreform-aversenations.Theycandelayimplementationforuptotwoyears.Thereisalsoasuggestionthatthereformsmightnotapplywherethereisachancethattheywouldleadtoareductioninlandundercultivation. These1et-outsarepotentiallydamagingforEurope’snegotiatorsintheDoharound.TheycouldsignificantlyreducethecostsavingsthatthereformsmightotherwisegenerateandinturnkeepEuropeanexpenditureonfarmsupportunacceptablyhighbyworldstandards.MotegenerallytheescapeclausescouldunderminethereformsbyencouragingthesuspicionthatthenewpackagewillnotdeliverthechangesthatitssupportersclaimCloseanalysisofwhatisinevitablyaverycomplicatedpackagemightconfirmthesceptics’fears. Inwhatcasemighttheescapeclausesapplyinreform-aversenations
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St.Pauldidn’tlikeit.Moseswarnedhispeopleagainstit.Hesioddeclaredit"mischievous"and"hardtogetridofit"butOscarWildersaid"Gossipischarming." "Historyismerelygossip"hewroteinoneofhisfamousplays."Butscandalisgossipmadetediousbymorality." InpasttimeunderJewishlawgossipmongersmightbefinedorflogged.ThePuritansputtheminstocksorduckingstoolsbutnopunishmentseemedtohave-thedesiredeffectofpreventinggossipwhichhascontinueduninterruptedlyacrossthebackfencesofthecenturies. Todayhoweverthemuch-malignedhumanfoibleisbeinglookedatinadifferentlight.Psychologistssociologistsphilosophersevenevolutionarybiologistsareconcludingthatgossipmaynotbesobadafterall. Gossipis"anintrinsicallyvaluableactivity"philosophyprofessorAaronBen-Ze’evstatesinabookhehaseditedentitledGoodGossip.Foronethinggossiphelpsusacquireinformationthatweneedtoknowthatdoesn’tcomethroughordinarychannelssuchas:"Whatwastherealreasonso-and-sowasfiredfrom.theoffice"GossipalsoisaformofsocialbondingDr.Ben-Ze’evsays.Itis"akindofsharing"thatalso"satisfiesthetribalneed--namelytheneedtobelongtoandbeacceptedbyauniquegroup."What’smoretheprofessornotes"Gossipisenjoyable." AnothergossipgroupieDr.RonaldDeSousaaprofessorofphilosophyattheUniversityofTorontodescribesgossipbasicallyasaformofindiscretionanda"saintlyvirtue"bywhichhemeansthattheknowledgespreadbygossipwillusuallyendupbeingslightlybeneficial."Itseemslikelythataworldinwhichallinformationwereuniversallyavailablewouldbepreferabletoaworldwhereimmensepowerresidesinthecontrolofsecrets"hewrites. Stilleverybodyknowsthatgossipcanhaveitsilleffectsespeciallyonthepoorwretchbeinggossipedabout.Andpeopleshouldrefrainfromcertainkindsofgossipthatmightbeharmfuleventhoughtheduckingstoolislongoutoffashion. BythewaythereisalsoaninterestingstrainofgossipcalledmedicalgossipwhichinitsbestformaccordingtoresearchersJerryM.SulsandFranklinGoodkincanmotivatepeoplewithsymptomsofseriousillnessbutwhoareunawareofittoseekmedicalhelp. Sogoaheadandgossip.ButrememberifasoftenisthecaseamonggossipersyoushouldsuddenlybecomeoneofthegossipersinsteaditisbesttoemploythefoolproofdefenserecommendedbyPlatowhomayhavelearnedthelessonfromSocrateswhoasyouknowwasthevictimofgossipspreadthathewascorruptingtheyouthofAthens:whenmenspeakilloftheesolivethatnobodywillbelievethem.OrasWillRogerssaid"Livesothatyouwouldn’tbeashamedtosellthefamilyparrottothetowngossip." Theauthor’sattitudetowardgossipcanbebestdescribedas
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AtColumbiaUniversitywhereItaughteconomicsformanyyearsbeforecomingtoChinamostofmystudentsspentagreatdealoftimeinvolunteerwork.TheytaughtpoorchildreninthelocalneighborhoodstheyvisitedtheelderlyinhospitalsandathomeandhelpedthemwiththeirshoppingtheyworkedtopreservehistoricsitesandplacesofbeautytheycleanedupwastedumpstheypreparedfoodforthehungrytheycreatedandranstudentnewspaperstheyorganizedconcertsandartisticeventstheyactedastranslatorsformigrantworkerstheyformedpoliticalpressuregroupstheyraisedmoneytocombatAIDSmalariaandotherdiseasesandsoon. Aspart0fthattraditionIdovolunteerworkhereinBeijingjustasIdidinNewYorkbutIfindthatmystudentsatTsinghuaUniversityandatotherschoolsinBeijingaremuchlessinvolvedinvolunteeringthenIhadexpected;InpartofcoursethisreflectstheheavierworkloadinChineseschoolswhichleaveslesstimeforoutsideactivities.ButIthinkthereismoretoitthanjustthis.Ithinkitalsoreflectsaverydifferentsysteminwhichvolunteerworkforstudentshereisusuallyorganizedorsponsoredbygovernmentschoolsorotherofficialgroupsratherthanbythestudentsthemselves.41. Thisisunfortunate.IthinkitwouldbebetterbothforthemandforsocietyifChinesestudentstooktheinitiativetodecidewhatkindsofproblemsorissuestheyfelttobeofimportanceandthenplayedamoreactiveroleinorganizingthework.42. Butthereareatleasttwootherimportantreasonsfordoingvolunteerwork.Thefirstisthatyoucanlearnalotaboutyourselfandaboutyourabilitiesbyorganizingtakingonresponsibilitiesdecidingonobjectivesandfulfillingthem.43. Thisisanimportantlesson.Manyofmystudentshereworkveryhardbuttheirattitudetowardstheirworkisnotalwaysahealthyone.Theydotheworknotbecausetheyloveitorfeelthatitisexcitingbutratherbecauseitisexpectedofthemandtheywillgetrewardedoratleastnotpunishediftheydoit.Withcharitableworkthereisnoexplicitreward.Youworkbecauseyouhavegoalsandintheendtheonlyjudgeofyourworkisyourself.44.Italsoforcesyoutothinkaboutwhatyouaredoingandthebestwaytoaccomplishyourobjectives.Youarenolongersimplydoingsomethingbecauseyourteacheroryourbosstoldyoutodoit. Thesecondimportantreasonforcharitableworkisthatitchangesyourrelationshipwithyoursociety.SometimesIfeelthatmanyofthepeopleImeetheredon’treallyappreciatethegreatnessofChinaandtheexcitementoftheprocessthroughwhichitiscurrentlyliving.TheChinesearewell-knownforbeingnationalisticbutsometimesIthinkthisnationalismhasmoretodowithdistrustofforeignersthanwithloveofcountry.ManyofmyfriendsandstudentssimplydonotknowverymuchabouttheirowncountryandoftenseemunhappywithorembarrassedbycertainaspectsofChina. 45.ForexampleifyouhelpthechildrenofmigrantworkerswiththeireducationyouwillquicklyrealizethatpoormigrantworkersshouldnotbeseenasanembarrassmenttoBeijing.OnthecontrarytheyareagreatstrengthandtheirstoriesarepartofahugeanddramaticexperimentthatChinaisundergoing.Inasmallwaybyworkingwithmigrantchildrenyoucanhelpmaketheexperimentasuccess. [A]Ithinkthatiftheyhadspentmoretimeengagedinactivitiesoutsideofschoolandfamilysuchasdoingvolunteerworktheywouldfeelverydifferently. [B]Thischangesthewayyouthinkaboutworkandaboutyourresponsibilitiestoyourselfandothers. [C]YouwillrealizehowfutureeventscanhavejustasBiganimpactonyourlifeandthoseofyourfriendsandfamily. [D]ThismeansthatmanystudentshereinBeijingthinkofvolunteeringassomethingthatmustbedonetopleaseteachersbossesorotherfiguresofauthorityratherthanbecauseofadesiretoaddressaproblemaboutwhichtheyhavethoughtverydeeply. [E]Whenyouworkcloselywithotherswhoarelessfortunatethanyouorwhenyousetalocalgoalandworktoaccomplishityouseedirectlyhowyouractionscanaffecttheworldaroundyou. [F]Ifyouareinterestedinvolunteerworkyoudon’thavetowaitforyourschoolyourteachersorofficialsontelevisiontotellyouwhattodo. [G]Therearemanyreasonswhythiswouldbegood.Themostobviousreasonofcourseisthatweallhaveobligationstowardsoursocietyandvolunteerworkisonewayofrepayingthisobligation. 41
InOctober2002GoldmanSachsandDeutscheBank1anewelectronicmarketwww.gs.com/econderivsforeconomicindicesthat2substantialeconomicriskssuchasnonfarmpayrollameasureofjobavailabilityandretailsales.Thisnewmarketwasmadepossiblebya3tradingtechnologydevelopedbyLongitudeaNewYorkcompanyprovidingsoftwareforfinancialmarkets4theParimutuelDigitalCallAuction.Thisis"digital"5ofadigitaloption:ieitpaysoutonlyifanunderlyingindexliesinanarrowdiscreterange.IneffectLongitudehascreatedahorseracewhereeach"horse"winsifand6thespecifiedindexfallsinaspecifiedrange.Bycreatinghorsesforeverypossible7oftheindexandallowingpeopletobet8anynumberofrunnersthecompanyhasproducedaliquidintegratedelectronicmarketforawidearrayofoptionsoneconomicindices. Tenyearsagoitwas9impossibletomakeuseofelectronicinformationabouthomevalues.Nowmortgagelendershaveonlineautomatedvaluationmodelsthatallowthemtoestimatevaluesandto10theriskintheirportfolios.Thishasledtoaproliferationoftypesofhomeloansomeof11haveimprovedrisk-managementcharacteristics. Wearealsobeginningtoseenewkindsof12forhomeswhichwillmakeitpossibletoprotectthevalueof13formostpeopleisthesinglemostimportant14oftheirwealth.TheYaleUniversity-NeighbourhoodReinvestmentCorporationprogramme15lastyearinthecityofSyracuseinNewYorkStatemaybeamodelforhome-equityinsurancepoliciesthat16sophisticatedeconomicindicesofhousepricestodefinethe17ofthepolicy.ElectronicfuturesmarketsthatarebasedoneconometricindicesofhousepricesbycityalreadybegunbyCityIndexandIGIndexinBritainandnow18developedintheUnitedStateswillenablehome-equityinsurerstohedgetherisksthattheyacquirebywritingthesepolicies. Theseexamplesarenotimpressivesuccessesyet.Butthey19asearlyprecursorsofatechnologythatshouldonedayhelpustodealwiththemassiverisksofinequalitythat20willbesetusincomingyears. Readthefollowingtext.ChoosethebestwordsforeachnumberedblankandmarkABCorDonANSWERSHEET1.7
ThestudyoflawhasbeenrecognizedforcenturiesasabasicintellectualdisciplineinEuropeanuniversities.HoweveronlyinrecentyearshasitbecomeafeatureofundergraduateprogramsinEnglish-Canadianuniversities.Traditionallylegallearninghasbeenviewedinsuchinstitutionsasthespecialpreserveoflawyersratherthananecessarypartoftheintellectualequipmentofaneducatedperson.HappilytheolderandmorecontinentalviewoflegaleducationisestablishingitselfinanumberofCanadianuniversitiesandsomehaveevenbeguntoofferundergraduatedegreesinlaw. Ifthestudyoflawisbeginningtoestablishitselfaspartandparcelofageneraleducationitsaimsandmethodsshouldappealdirectlytojournalismeducators.Lawisadisciplinewhichencouragesresponsiblejudgment.Ontheonehanditprovidesopportunitiestoanalyzesuchideasasjusticedemocracyandfreedom.Ontheotheritlinkstheseconceptstoeverydayrealitiesinamannerwhichisparalleltothelinksjournalistsforgeonadailybasisastheycoverandcommentonthenews.Forexamplenotionsofevidenceandfactofbasicrightsandpublicinterestareatworkintheprocessofjournalisticjudgmentandproductionjustasincourtsoflaw.Sharpeningjudgmentbyabsorbingandreflectingonlawisadesirablecomponentofajournalist’sintellectualpreparationforhisorhercareer. Buttheideathatthejournalistmustunderstandthelawmoreprofoundlythananordinarycitizenturnsonanunderstandingoftheestablishedconventionsandspecialresponsibilitiesofthenewsmedia.Politicsormorebroadlythefunctioningofthestateisamajorsubjectforjournalists.Thebetterinformedtheyareaboutthewaythestateworksthebettertheirreportingwillbe.InfactitisdifficulttoseehowjournalistswhodonothaveacleargraspofthebasicfeaturesoftheCanadianConstitutioncandoacompetentjobonpoliticalstories. Furthermorethelegalsystemandtheeventswhichoccurwithinitareprimarysubjectsforjournalists.Whilethequalityoflegaljournalismvariesgreatlythereisanunduerelianceamongstmanyjournalistsoninterpretationssuppliedtothembylawyers.Whilecommentandreactionfromlawyersmayenhancestoriesitispreferableforjournaliststorelyontheirownnotionsofsignificanceandmaketheirownjudgments.Thesecanonlycomefromawell-groundedunderstandingofthelegalsystem. Inthefirstparagraphtheauthorismainlyconcernedwith
ThestudyoflawhasbeenrecognizedforcenturiesasabasicintellectualdisciplineinEuropeanuniversities.HoweveronlyinrecentyearshasitbecomeafeatureofundergraduateprogramsinEnglish-Canadianuniversities.Traditionallylegallearninghasbeenviewedinsuchinstitutionsasthespecialpreserveoflawyersratherthananecessarypartoftheintellectualequipmentofaneducatedperson.HappilytheolderandmorecontinentalviewoflegaleducationisestablishingitselfinanumberofCanadianuniversitiesandsomehaveevenbeguntoofferundergraduatedegreesinlaw. Ifthestudyoflawisbeginningtoestablishitselfaspartandparcelofageneraleducationitsaimsandmethodsshouldappealdirectlytojournalismeducators.Lawisadisciplinewhichencouragesresponsiblejudgment.Ontheonehanditprovidesopportunitiestoanalyzesuchideasasjusticedemocracyandfreedom.Ontheotheritlinkstheseconceptstoeverydayrealitiesinamannerwhichisparalleltothelinksjournalistsforgeonadailybasisastheycoverandcommentonthenews.Forexamplenotionsofevidenceandfactofbasicrightsandpublicinterestareatworkintheprocessofjournalisticjudgmentandproductionjustasincourtsoflaw.Sharpeningjudgmentbyabsorbingandreflectingonlawisadesirablecomponentofajournalist’sintellectualpreparationforhisorhercareer. Buttheideathatthejournalistmustunderstandthelawmoreprofoundlythananordinarycitizenturnsonanunderstandingoftheestablishedconventionsandspecialresponsibilitiesofthenewsmedia.Politicsormorebroadlythefunctioningofthestateisamajorsubjectforjournalists.Thebetterinformedtheyareaboutthewaythestateworksthebettertheirreportingwillbe.InfactitisdifficulttoseehowjournalistswhodonothaveacleargraspofthebasicfeaturesoftheCanadianConstitutioncandoacompetentjobonpoliticalstories. Furthermorethelegalsystemandtheeventswhichoccurwithinitareprimarysubjectsforjournalists.Whilethequalityoflegaljournalismvariesgreatlythereisanunduerelianceamongstmanyjournalistsoninterpretationssuppliedtothembylawyers.Whilecommentandreactionfromlawyersmayenhancestoriesitispreferableforjournaliststorelyontheirownnotionsofsignificanceandmaketheirownjudgments.Thesecanonlycomefromawell-groundedunderstandingofthelegalsystem. Accordingtothepassagesoundjournalisticjudgment
EuropeanfarmministershaveendedthreeweeksofnegotiationswithadealwhichtheyclaimrepresentsgenuinereformofthecommonagriculturalpolicyCAP.WillitbeenoughtokickofftheDohaworldtradenegotiations OnthefaceofitthedealagreedintheearlyhoursofThursdayJune26thlookspromising.Mostsubsidieslinkedtospecificfarmproductsareatlasttobebroken--theideaistoreplacethesewithadirectpaymenttofarmers.unconnectedtoparticularproducts.Supportpricesforseveralkeyproductsincludingmilkandbutteraretobecut-thatshouldmeanEuropeanpriceseventuallyfallingtowardstheworldmarketlevel.Cut-tingthelinkbetweensubsidyandproductionwasthemainobjectiveofproposalsputforwardbyMr.Fischlerwhichhadformedthestartingpointforthenegotiations. TheCAPishugelyunpopulararoundtheworld.ItsubsidizesEuropeanfarmerstosuchanextentthattheycanundercutfarmersfrompoorcountrieswhoalsofacetradebarriersthatlargelyexcludethemfromthepotentiallylucrativeEuropeanmarket.FarmtradeisalsoakeyfeatureoftheDoharoundoftradetalkslaunchedundertheauspicesoftheWorldTradeOrganizationWTOinNovember2001.DevelopingcountrieshavelinedupalongsideanumberofindustrialcountriestodemandanendtothemassivesubsidiesEuropepaysitsfarmers.SeveralDohadeadlineshavealreadybeenmissedbecauseoftheEU’sintransigenceandthesurvivalofthetalkswillbeatriskifnoprogressismadebySeptemberwhentheworld’stradeministersmeetinCancunMexico. ButnoweventheFrenchseemtohavegonealongwiththedealhammeredoutinLuxembourg.Uptoapointanyway.Thepackageofmeasuresgivesthegreenlightforthemosteagerreformerstomovefasttoimplementthechangeswithintheirowncountries.ButthereisanescapeclauseofsortsfortheFrenchandotherreform-aversenations.Theycandelayimplementationforuptotwoyears.Thereisalsoasuggestionthatthereformsmightnotapplywherethereisachancethattheywouldleadtoareductioninlandundercultivation. These1et-outsarepotentiallydamagingforEurope’snegotiatorsintheDoharound.TheycouldsignificantlyreducethecostsavingsthatthereformsmightotherwisegenerateandinturnkeepEuropeanexpenditureonfarmsupportunacceptablyhighbyworldstandards.MotegenerallytheescapeclausescouldunderminethereformsbyencouragingthesuspicionthatthenewpackagewillnotdeliverthechangesthatitssupportersclaimCloseanalysisofwhatisinevitablyaverycomplicatedpackagemightconfirmthesceptics’fears. ThedealagreedonThursdaylookspromisinginthat
ThestudyoflawhasbeenrecognizedforcenturiesasabasicintellectualdisciplineinEuropeanuniversities.HoweveronlyinrecentyearshasitbecomeafeatureofundergraduateprogramsinEnglish-Canadianuniversities.Traditionallylegallearninghasbeenviewedinsuchinstitutionsasthespecialpreserveoflawyersratherthananecessarypartoftheintellectualequipmentofaneducatedperson.HappilytheolderandmorecontinentalviewoflegaleducationisestablishingitselfinanumberofCanadianuniversitiesandsomehaveevenbeguntoofferundergraduatedegreesinlaw. Ifthestudyoflawisbeginningtoestablishitselfaspartandparcelofageneraleducationitsaimsandmethodsshouldappealdirectlytojournalismeducators.Lawisadisciplinewhichencouragesresponsiblejudgment.Ontheonehanditprovidesopportunitiestoanalyzesuchideasasjusticedemocracyandfreedom.Ontheotheritlinkstheseconceptstoeverydayrealitiesinamannerwhichisparalleltothelinksjournalistsforgeonadailybasisastheycoverandcommentonthenews.Forexamplenotionsofevidenceandfactofbasicrightsandpublicinterestareatworkintheprocessofjournalisticjudgmentandproductionjustasincourtsoflaw.Sharpeningjudgmentbyabsorbingandreflectingonlawisadesirablecomponentofajournalist’sintellectualpreparationforhisorhercareer. Buttheideathatthejournalistmustunderstandthelawmoreprofoundlythananordinarycitizenturnsonanunderstandingoftheestablishedconventionsandspecialresponsibilitiesofthenewsmedia.Politicsormorebroadlythefunctioningofthestateisamajorsubjectforjournalists.Thebetterinformedtheyareaboutthewaythestateworksthebettertheirreportingwillbe.InfactitisdifficulttoseehowjournalistswhodonothaveacleargraspofthebasicfeaturesoftheCanadianConstitutioncandoacompetentjobonpoliticalstories. Furthermorethelegalsystemandtheeventswhichoccurwithinitareprimarysubjectsforjournalists.Whilethequalityoflegaljournalismvariesgreatlythereisanunduerelianceamongstmanyjournalistsoninterpretationssuppliedtothembylawyers.Whilecommentandreactionfromlawyersmayenhancestoriesitispreferableforjournaliststorelyontheirownnotionsofsignificanceandmaketheirownjudgments.Thesecanonlycomefromawell-groundedunderstandingofthelegalsystem. Theauthorwritesthisarticleprimarilyinorderto
InOctober2002GoldmanSachsandDeutscheBank1anewelectronicmarketwww.gs.com/econderivsforeconomicindicesthat2substantialeconomicriskssuchasnonfarmpayrollameasureofjobavailabilityandretailsales.Thisnewmarketwasmadepossiblebya3tradingtechnologydevelopedbyLongitudeaNewYorkcompanyprovidingsoftwareforfinancialmarkets4theParimutuelDigitalCallAuction.Thisis"digital"5ofadigitaloption:ieitpaysoutonlyifanunderlyingindexliesinanarrowdiscreterange.IneffectLongitudehascreatedahorseracewhereeach"horse"winsifand6thespecifiedindexfallsinaspecifiedrange.Bycreatinghorsesforeverypossible7oftheindexandallowingpeopletobet8anynumberofrunnersthecompanyhasproducedaliquidintegratedelectronicmarketforawidearrayofoptionsoneconomicindices. Tenyearsagoitwas9impossibletomakeuseofelectronicinformationabouthomevalues.Nowmortgagelendershaveonlineautomatedvaluationmodelsthatallowthemtoestimatevaluesandto10theriskintheirportfolios.Thishasledtoaproliferationoftypesofhomeloansomeof11haveimprovedrisk-managementcharacteristics. Wearealsobeginningtoseenewkindsof12forhomeswhichwillmakeitpossibletoprotectthevalueof13formostpeopleisthesinglemostimportant14oftheirwealth.TheYaleUniversity-NeighbourhoodReinvestmentCorporationprogramme15lastyearinthecityofSyracuseinNewYorkStatemaybeamodelforhome-equityinsurancepoliciesthat16sophisticatedeconomicindicesofhousepricestodefinethe17ofthepolicy.ElectronicfuturesmarketsthatarebasedoneconometricindicesofhousepricesbycityalreadybegunbyCityIndexandIGIndexinBritainandnow18developedintheUnitedStateswillenablehome-equityinsurerstohedgetherisksthattheyacquirebywritingthesepolicies. Theseexamplesarenotimpressivesuccessesyet.Butthey19asearlyprecursorsofatechnologythatshouldonedayhelpustodealwiththemassiverisksofinequalitythat20willbesetusincomingyears. Readthefollowingtext.ChoosethebestwordsforeachnumberedblankandmarkABCorDonANSWERSHEET1.5
SoBig.Fwasthemorevisibleofthetworecentwavesofinfectionbecauseitpropagateditselfbye-mailmeaningthatvictimsnoticedwhatwasgoingon.SoBig.Fwassoeffectivethatitcausedsubstantialdisruptioneventothoseprotectedbyanti-virussoftware.Thatwasbecausesomanycopiesofthevirusspreadsome500000computerswereinfectedthatmanymachineswereoverwhelmedbymessagesfromtheirownanti-virussoftware.Ontopofthatonecommoncounter-measurebackfiredincreasingtrafficstillfurther.Anti-virussoftwareoftenbouncesawarningbacktothesenderofaninfectede-mailsayingthatthee-mailinquestioncannotbedeliveredbecauseitcontainsavirussoBig.Fwasabletospoofthissystemby"harvesting"e-mailaddressesfromtheharddisksofinfectedcomputers.Someoftheseaddresseswerethensentinfectede-mailsthathadbeendoctoredtolookasthoughtheyhadcomefromotherharvestedaddresses.Thelatterwerethussentwarningseventhoughtheirmachinesmaynothavebeeninfected. KevinHaleyofSymantecafirmthatmakesanti-virussoftwarethinksthatonereasonSoBig.Fwassomuchmoreeffectivethanothervirusesthatworkthiswayisbecauseitwasbetteratsearchinghard-drivesforaddresses.BrianKingofCERTaninternet-securitycentreatCarnegie-MellonUniversityinPittsburghnotesthatunlikeitsprecursorsSoBig.Fwascapableof"multi-threading"itcouldsendmultiplee-mailssimultaneouslyallowingittodispatchthousandsinminutes. Blasterworkedbycreatinga"bufferoverrunintheremoteprocedurecall".InEnglishthatmeansitattackedapieceofsoftwareusedbyMicrosoft’sWindowsoperatingsystemtoallowonecomputertocontrolanother.Itdidsobycausingthatsoftwaretousetoomuchmemory. MostwormsworkbyexploitingweaknessesinanoperatingsystembutwhoeverwroteBlasterhadaparticularlyrefinedsenseofhumoursincethewebsiteunderattackwastheonefromwhichuserscouldobtainaprogramtofixtheveryweaknessinWindowsthatthewormitselfwasexploiting. OnewaytodealwithawickedwormlikeBlasteristodesignafairygodmotherwormthatgoesaroundrepairingvulnerablemachinesautomatically.InthecaseofBlastersome-oneseemstohavetriedexactlythatwithaprogramcalledWelch.However.accordingtoMrHaleyWelchhascausedalmostasmanyproblemsasBlasteritselfbyoverwhelmingnetworkswith"pings"--signalsthatcheckedforthepresenceofothercomputers. Thoughbothoftheseprogramsfellshortoftheapparentobjectivesoftheirauthorstheystillcauseddamage.ForinstancetheyforcedtheshutdownofanumberofcomputernetworksincludingtheoneusedbytheNewYorkTimesnewsroomandtheoneorganizingtrainsoperatedbyCSXafreightcompanyonAmerica’seastcoast. Computerscientistsexpectthatitisonlyamatteroftimebeforeatrulydevastatingvirusisunleashed. FromthetextwelearnthatWelch
PerhapsonlyasmallboytrainedtobeawizardattheHogwartsSchoolofMagiccouldcastaspellsopowerfulastocreatethebiggestbooklaunchever.WhereverintheWorldtheclockstrikesmidnightonJune20thhisfollowerswillflocktogettheirpawsononeofmorethan10mcopiesof"HarryPotterandtheOrderofthePhoenix".Bookshopswillopeninthemiddleofthenightanddeliveryfirmsaredraftinginextrastaffandbiggertrucks.RelatedtoysgamesDVDsandothermerchandisewillbeeverywhere.TherewillbenoescapingPottermania. YetMr.Potter’sworldisacuriousoneinwhichthingsareoftennotwhattheyappear.WhileanexcitablemediaherebyincludingTheEconomisthappytosupportsuchafineexampleofglobalizationishelpingtohypethelaunchofJ.K.Rowling’sfifthnovelaboutthemostadventurousthingthatthepublishershaveorganizedisareadingbyMs.RowlinginLondon’sRoyalAlbertHalltobebroadcastasalivewebcast. HollywoodwhichownseverythingelsetodowithHarryPottersaysitisdoingevenless.IncredibleasitmayseemtheguardiansofthebrandsaythattoprotectthePotterfranchisetheyaretryingtomaintainalowprofile.Wellrelativelylow. Ms.Rowlingsignedacontractin1998withWarnerBrotherspartofAOLTimeWarnergivingthestudioexclusivefilmlicensingandmerchandisingrightsinreturnforwhatnowappearstohavebeenasteal:some$500000.WarnerlicensesotherfirmstoproducegoodsusingHarryPottercharactersorimagesfromwhichMs.Rowlinggetsabigenoughcutthatsheisnowwealthierthanthequeen--ifyoubelieveBritain’sSundayTimesrichlist.Theprocessisself-generating:eachbooksetsthestageforafilmwhichboostsbooksaleswhichliftssalesofPotterproducts. GloballythefirstfourHarryPotterbookshavesoldsome200mcopiesin55languages;thetwomovieshavegrossedover$1.8billionattheboxoffice. ThisisastunningsuccessbyanymeasureespeciallyasMsRowlinghaslongdemandedthatHarryPottershouldnotbeover-commercialized.InlinewithherwishesWarnersaysitisbeingextraordinarilycarefulatleastbyHollywoodstandardsaboutwhatitlicensesandtowhom.ItimposedtoughconditionsonCoca-Cola.insistingthatnoHarryPotterimagesshouldappearoncansandisnowintheprocessofmakingitslicensingprogrammedevenmorerestrictive.Cokemaysoonbeconsideredtoomassmarkettocarrythebrandatall. ThedealwithWarnertiesmuchofthemerchandisingtothefilmsalone.Therearenoofficiallysanctionedproductsrelatingto"OrderofthePhoenix";noryetfor"HarryPotterandthePrisonerofAzkaban"thefilmofthethirdbookwhichisdueoutinJune2004.WarneragreesthatMs.Rowling’screationisadifferentsortofcommercialpropertyonewithlong-termpotentialthatcouldbedamagedbyatypicalHollywoodmarketingblitzsaysDianeNelsonthestudio’sglobalbrandmanagerforHarryPotter.Itisvitalsheaddsthatwithmoretocomereadersofthebooksarenotalienated."Theevidencefromourmarketresearchisthatenthusiasmforthepropertybyfansisnotwarning." Ms.Rowling’sreadinginLondon’sRoyalAlbertHallismentionedtoshow
Directions:Lastmonthyouboughtapairofleathershoesfromashop.Butnowyoufindthattheshoesareinbadquality.Writealettertothemanageroftheshoptoexplain 1yourcomplain 2theproblemwiththeshoesand 3yourrequest. Youshouldwriteabout100wordsonANSWERSHEET2.Donotsignyourownnameattheendoftheletter.Use"LiMing"instead.Youdonotneedtowritetheaddress.10points
InOctober2002GoldmanSachsandDeutscheBank1anewelectronicmarketwww.gs.com/econderivsforeconomicindicesthat2substantialeconomicriskssuchasnonfarmpayrollameasureofjobavailabilityandretailsales.Thisnewmarketwasmadepossiblebya3tradingtechnologydevelopedbyLongitudeaNewYorkcompanyprovidingsoftwareforfinancialmarkets4theParimutuelDigitalCallAuction.Thisis"digital"5ofadigitaloption:ieitpaysoutonlyifanunderlyingindexliesinanarrowdiscreterange.IneffectLongitudehascreatedahorseracewhereeach"horse"winsifand6thespecifiedindexfallsinaspecifiedrange.Bycreatinghorsesforeverypossible7oftheindexandallowingpeopletobet8anynumberofrunnersthecompanyhasproducedaliquidintegratedelectronicmarketforawidearrayofoptionsoneconomicindices. Tenyearsagoitwas9impossibletomakeuseofelectronicinformationabouthomevalues.Nowmortgagelendershaveonlineautomatedvaluationmodelsthatallowthemtoestimatevaluesandto10theriskintheirportfolios.Thishasledtoaproliferationoftypesofhomeloansomeof11haveimprovedrisk-managementcharacteristics. Wearealsobeginningtoseenewkindsof12forhomeswhichwillmakeitpossibletoprotectthevalueof13formostpeopleisthesinglemostimportant14oftheirwealth.TheYaleUniversity-NeighbourhoodReinvestmentCorporationprogramme15lastyearinthecityofSyracuseinNewYorkStatemaybeamodelforhome-equityinsurancepoliciesthat16sophisticatedeconomicindicesofhousepricestodefinethe17ofthepolicy.ElectronicfuturesmarketsthatarebasedoneconometricindicesofhousepricesbycityalreadybegunbyCityIndexandIGIndexinBritainandnow18developedintheUnitedStateswillenablehome-equityinsurerstohedgetherisksthattheyacquirebywritingthesepolicies. Theseexamplesarenotimpressivesuccessesyet.Butthey19asearlyprecursorsofatechnologythatshouldonedayhelpustodealwiththemassiverisksofinequalitythat20willbesetusincomingyears. Readthefollowingtext.ChoosethebestwordsforeachnumberedblankandmarkABCorDonANSWERSHEET1.13
EuropeanfarmministershaveendedthreeweeksofnegotiationswithadealwhichtheyclaimrepresentsgenuinereformofthecommonagriculturalpolicyCAP.WillitbeenoughtokickofftheDohaworldtradenegotiations OnthefaceofitthedealagreedintheearlyhoursofThursdayJune26thlookspromising.Mostsubsidieslinkedtospecificfarmproductsareatlasttobebroken--theideaistoreplacethesewithadirectpaymenttofarmers.unconnectedtoparticularproducts.Supportpricesforseveralkeyproductsincludingmilkandbutteraretobecut-thatshouldmeanEuropeanpriceseventuallyfallingtowardstheworldmarketlevel.Cut-tingthelinkbetweensubsidyandproductionwasthemainobjectiveofproposalsputforwardbyMr.Fischlerwhichhadformedthestartingpointforthenegotiations. TheCAPishugelyunpopulararoundtheworld.ItsubsidizesEuropeanfarmerstosuchanextentthattheycanundercutfarmersfrompoorcountrieswhoalsofacetradebarriersthatlargelyexcludethemfromthepotentiallylucrativeEuropeanmarket.FarmtradeisalsoakeyfeatureoftheDoharoundoftradetalkslaunchedundertheauspicesoftheWorldTradeOrganizationWTOinNovember2001.DevelopingcountrieshavelinedupalongsideanumberofindustrialcountriestodemandanendtothemassivesubsidiesEuropepaysitsfarmers.SeveralDohadeadlineshavealreadybeenmissedbecauseoftheEU’sintransigenceandthesurvivalofthetalkswillbeatriskifnoprogressismadebySeptemberwhentheworld’stradeministersmeetinCancunMexico. ButnoweventheFrenchseemtohavegonealongwiththedealhammeredoutinLuxembourg.Uptoapointanyway.Thepackageofmeasuresgivesthegreenlightforthemosteagerreformerstomovefasttoimplementthechangeswithintheirowncountries.ButthereisanescapeclauseofsortsfortheFrenchandotherreform-aversenations.Theycandelayimplementationforuptotwoyears.Thereisalsoasuggestionthatthereformsmightnotapplywherethereisachancethattheywouldleadtoareductioninlandundercultivation. These1et-outsarepotentiallydamagingforEurope’snegotiatorsintheDoharound.TheycouldsignificantlyreducethecostsavingsthatthereformsmightotherwisegenerateandinturnkeepEuropeanexpenditureonfarmsupportunacceptablyhighbyworldstandards.MotegenerallytheescapeclausescouldunderminethereformsbyencouragingthesuspicionthatthenewpackagewillnotdeliverthechangesthatitssupportersclaimCloseanalysisofwhatisinevitablyaverycomplicatedpackagemightconfirmthesceptics’fears. Whatisthepassagemainlyabout
St.Pauldidn’tlikeit.Moseswarnedhispeopleagainstit.Hesioddeclaredit"mischievous"and"hardtogetridofit"butOscarWildersaid"Gossipischarming." "Historyismerelygossip"hewroteinoneofhisfamousplays."Butscandalisgossipmadetediousbymorality." InpasttimeunderJewishlawgossipmongersmightbefinedorflogged.ThePuritansputtheminstocksorduckingstoolsbutnopunishmentseemedtohave-thedesiredeffectofpreventinggossipwhichhascontinueduninterruptedlyacrossthebackfencesofthecenturies. Todayhoweverthemuch-malignedhumanfoibleisbeinglookedatinadifferentlight.Psychologistssociologistsphilosophersevenevolutionarybiologistsareconcludingthatgossipmaynotbesobadafterall. Gossipis"anintrinsicallyvaluableactivity"philosophyprofessorAaronBen-Ze’evstatesinabookhehaseditedentitledGoodGossip.Foronethinggossiphelpsusacquireinformationthatweneedtoknowthatdoesn’tcomethroughordinarychannelssuchas:"Whatwastherealreasonso-and-sowasfiredfrom.theoffice"GossipalsoisaformofsocialbondingDr.Ben-Ze’evsays.Itis"akindofsharing"thatalso"satisfiesthetribalneed--namelytheneedtobelongtoandbeacceptedbyauniquegroup."What’smoretheprofessornotes"Gossipisenjoyable." AnothergossipgroupieDr.RonaldDeSousaaprofessorofphilosophyattheUniversityofTorontodescribesgossipbasicallyasaformofindiscretionanda"saintlyvirtue"bywhichhemeansthattheknowledgespreadbygossipwillusuallyendupbeingslightlybeneficial."Itseemslikelythataworldinwhichallinformationwereuniversallyavailablewouldbepreferabletoaworldwhereimmensepowerresidesinthecontrolofsecrets"hewrites. Stilleverybodyknowsthatgossipcanhaveitsilleffectsespeciallyonthepoorwretchbeinggossipedabout.Andpeopleshouldrefrainfromcertainkindsofgossipthatmightbeharmfuleventhoughtheduckingstoolislongoutoffashion. BythewaythereisalsoaninterestingstrainofgossipcalledmedicalgossipwhichinitsbestformaccordingtoresearchersJerryM.SulsandFranklinGoodkincanmotivatepeoplewithsymptomsofseriousillnessbutwhoareunawareofittoseekmedicalhelp. Sogoaheadandgossip.ButrememberifasoftenisthecaseamonggossipersyoushouldsuddenlybecomeoneofthegossipersinsteaditisbesttoemploythefoolproofdefenserecommendedbyPlatowhomayhavelearnedthelessonfromSocrateswhoasyouknowwasthevictimofgossipspreadthathewascorruptingtheyouthofAthens:whenmenspeakilloftheesolivethatnobodywillbelievethem.OrasWillRogerssaid"Livesothatyouwouldn’tbeashamedtosellthefamilyparrottothetowngossip." Persons’remarksarementionedatthebeginningofthetextto
PerhapsonlyasmallboytrainedtobeawizardattheHogwartsSchoolofMagiccouldcastaspellsopowerfulastocreatethebiggestbooklaunchever.WhereverintheWorldtheclockstrikesmidnightonJune20thhisfollowerswillflocktogettheirpawsononeofmorethan10mcopiesof"HarryPotterandtheOrderofthePhoenix".Bookshopswillopeninthemiddleofthenightanddeliveryfirmsaredraftinginextrastaffandbiggertrucks.RelatedtoysgamesDVDsandothermerchandisewillbeeverywhere.TherewillbenoescapingPottermania. YetMr.Potter’sworldisacuriousoneinwhichthingsareoftennotwhattheyappear.WhileanexcitablemediaherebyincludingTheEconomisthappytosupportsuchafineexampleofglobalizationishelpingtohypethelaunchofJ.K.Rowling’sfifthnovelaboutthemostadventurousthingthatthepublishershaveorganizedisareadingbyMs.RowlinginLondon’sRoyalAlbertHalltobebroadcastasalivewebcast. HollywoodwhichownseverythingelsetodowithHarryPottersaysitisdoingevenless.IncredibleasitmayseemtheguardiansofthebrandsaythattoprotectthePotterfranchisetheyaretryingtomaintainalowprofile.Wellrelativelylow. Ms.Rowlingsignedacontractin1998withWarnerBrotherspartofAOLTimeWarnergivingthestudioexclusivefilmlicensingandmerchandisingrightsinreturnforwhatnowappearstohavebeenasteal:some$500000.WarnerlicensesotherfirmstoproducegoodsusingHarryPottercharactersorimagesfromwhichMs.Rowlinggetsabigenoughcutthatsheisnowwealthierthanthequeen--ifyoubelieveBritain’sSundayTimesrichlist.Theprocessisself-generating:eachbooksetsthestageforafilmwhichboostsbooksaleswhichliftssalesofPotterproducts. GloballythefirstfourHarryPotterbookshavesoldsome200mcopiesin55languages;thetwomovieshavegrossedover$1.8billionattheboxoffice. ThisisastunningsuccessbyanymeasureespeciallyasMsRowlinghaslongdemandedthatHarryPottershouldnotbeover-commercialized.InlinewithherwishesWarnersaysitisbeingextraordinarilycarefulatleastbyHollywoodstandardsaboutwhatitlicensesandtowhom.ItimposedtoughconditionsonCoca-Cola.insistingthatnoHarryPotterimagesshouldappearoncansandisnowintheprocessofmakingitslicensingprogrammedevenmorerestrictive.Cokemaysoonbeconsideredtoomassmarkettocarrythebrandatall. ThedealwithWarnertiesmuchofthemerchandisingtothefilmsalone.Therearenoofficiallysanctionedproductsrelatingto"OrderofthePhoenix";noryetfor"HarryPotterandthePrisonerofAzkaban"thefilmofthethirdbookwhichisdueoutinJune2004.WarneragreesthatMs.Rowling’screationisadifferentsortofcommercialpropertyonewithlong-termpotentialthatcouldbedamagedbyatypicalHollywoodmarketingblitzsaysDianeNelsonthestudio’sglobalbrandmanagerforHarryPotter.Itisvitalsheaddsthatwithmoretocomereadersofthebooksarenotalienated."Theevidencefromourmarketresearchisthatenthusiasmforthepropertybyfansisnotwarning." Paragraph5intendsmainlytoshowWarner’s
Almostallourmajorproblemsinvolvehumanbehaviorandtheycannotbesolvedbyphysicalandbiologicaltechnologyalone.Whatisneededisatechnologyofbehaviorbutwehavebeenslowtodevelopthesciencefromwhichsuchatechnologymightbedrawn46Onedifficultyisthatalmostallofwhatiscalledbehavioralsciencecontinuestotracebehaviortostatesofmindfeelingstraitsofcharacterhumannatureandsoon.Physicsandbiologyoncefollowedsimilarpracticesandadvancedonlywhentheydiscardedthem47Thebehavioralscienceshavebeenslowtochangepartlybecausetheexplanatoryitemsoftenseemtobedirectlyobservedandpartlybecauseotherlandsofexplanationshavebeenhardtofind.Theenvironmentisobviouslyimportantbutitsrolehasremainedobscure.Itdoesnotpushorpullitselectsandthisfunctionisdifficulttodiscoverandanalyze.48.Theroleofnaturalselectioninevolutionwasformulatedonlyalittlemorethanahundredyearsagoandtheselectiveroleoftheenvironmentinshapingandmaintainingthebehavioroftheindividualisonlybeginningtoberecognizedandstudied.Astheinteractionbetweenorganismandenvironmenthascometobeunderstoodhowevereffectsonceassignedtostatesofmindfeelingsandtraitsarebeginningtobetracedtoaccessibleconditionsandatechnologyofbehaviormaythereforebecomeavailable.Itwillnotsolveourproblemshoweveruntilitreplacestraditionalpre-scientificviewsandthesearestronglyentrenched.Freedomanddignityillustratethedifficulty.49Theyarethepossessionsoftheautonomousself-governingmanoftraditionaltheoryandtheyareessentialtopracticesinwhichapersonisheldresponsibleforhisconductandgivencreditforhisachievements.Ascientificanalysisshiftsboththeresponsibilityandtheachievementtotheenvironment.Italsoraisesquestionsconcerning"values".Whowilluseatechnologyandtowhatends50Untiltheseissuesareresolvedatechnologyofbehaviorwillcontinuetoberejectedandwithimpossiblytheonlywaytosolveourproblems. Thebehavioralscienceshavebeenslowtochangepartlybecausetheexplanatoryitemsoftenseemtobedirectlyobservedandpartlybecauseotherlandsofexplanationshavebeenhardtofind
St.Pauldidn’tlikeit.Moseswarnedhispeopleagainstit.Hesioddeclaredit"mischievous"and"hardtogetridofit"butOscarWildersaid"Gossipischarming." "Historyismerelygossip"hewroteinoneofhisfamousplays."Butscandalisgossipmadetediousbymorality." InpasttimeunderJewishlawgossipmongersmightbefinedorflogged.ThePuritansputtheminstocksorduckingstoolsbutnopunishmentseemedtohave-thedesiredeffectofpreventinggossipwhichhascontinueduninterruptedlyacrossthebackfencesofthecenturies. Todayhoweverthemuch-malignedhumanfoibleisbeinglookedatinadifferentlight.Psychologistssociologistsphilosophersevenevolutionarybiologistsareconcludingthatgossipmaynotbesobadafterall. Gossipis"anintrinsicallyvaluableactivity"philosophyprofessorAaronBen-Ze’evstatesinabookhehaseditedentitledGoodGossip.Foronethinggossiphelpsusacquireinformationthatweneedtoknowthatdoesn’tcomethroughordinarychannelssuchas:"Whatwastherealreasonso-and-sowasfiredfrom.theoffice"GossipalsoisaformofsocialbondingDr.Ben-Ze’evsays.Itis"akindofsharing"thatalso"satisfiesthetribalneed--namelytheneedtobelongtoandbeacceptedbyauniquegroup."What’smoretheprofessornotes"Gossipisenjoyable." AnothergossipgroupieDr.RonaldDeSousaaprofessorofphilosophyattheUniversityofTorontodescribesgossipbasicallyasaformofindiscretionanda"saintlyvirtue"bywhichhemeansthattheknowledgespreadbygossipwillusuallyendupbeingslightlybeneficial."Itseemslikelythataworldinwhichallinformationwereuniversallyavailablewouldbepreferabletoaworldwhereimmensepowerresidesinthecontrolofsecrets"hewrites. Stilleverybodyknowsthatgossipcanhaveitsilleffectsespeciallyonthepoorwretchbeinggossipedabout.Andpeopleshouldrefrainfromcertainkindsofgossipthatmightbeharmfuleventhoughtheduckingstoolislongoutoffashion. BythewaythereisalsoaninterestingstrainofgossipcalledmedicalgossipwhichinitsbestformaccordingtoresearchersJerryM.SulsandFranklinGoodkincanmotivatepeoplewithsymptomsofseriousillnessbutwhoareunawareofittoseekmedicalhelp. Sogoaheadandgossip.ButrememberifasoftenisthecaseamonggossipersyoushouldsuddenlybecomeoneofthegossipersinsteaditisbesttoemploythefoolproofdefenserecommendedbyPlatowhomayhavelearnedthelessonfromSocrateswhoasyouknowwasthevictimofgossipspreadthathewascorruptingtheyouthofAthens:whenmenspeakilloftheesolivethatnobodywillbelievethem.OrasWillRogerssaid"Livesothatyouwouldn’tbeashamedtosellthefamilyparrottothetowngossip." WhichofthefollowingstatementsisTRUEaccordingtothetext
InOctober2002GoldmanSachsandDeutscheBank1anewelectronicmarketwww.gs.com/econderivsforeconomicindicesthat2substantialeconomicriskssuchasnonfarmpayrollameasureofjobavailabilityandretailsales.Thisnewmarketwasmadepossiblebya3tradingtechnologydevelopedbyLongitudeaNewYorkcompanyprovidingsoftwareforfinancialmarkets4theParimutuelDigitalCallAuction.Thisis"digital"5ofadigitaloption:ieitpaysoutonlyifanunderlyingindexliesinanarrowdiscreterange.IneffectLongitudehascreatedahorseracewhereeach"horse"winsifand6thespecifiedindexfallsinaspecifiedrange.Bycreatinghorsesforeverypossible7oftheindexandallowingpeopletobet8anynumberofrunnersthecompanyhasproducedaliquidintegratedelectronicmarketforawidearrayofoptionsoneconomicindices. Tenyearsagoitwas9impossibletomakeuseofelectronicinformationabouthomevalues.Nowmortgagelendershaveonlineautomatedvaluationmodelsthatallowthemtoestimatevaluesandto10theriskintheirportfolios.Thishasledtoaproliferationoftypesofhomeloansomeof11haveimprovedrisk-managementcharacteristics. Wearealsobeginningtoseenewkindsof12forhomeswhichwillmakeitpossibletoprotectthevalueof13formostpeopleisthesinglemostimportant14oftheirwealth.TheYaleUniversity-NeighbourhoodReinvestmentCorporationprogramme15lastyearinthecityofSyracuseinNewYorkStatemaybeamodelforhome-equityinsurancepoliciesthat16sophisticatedeconomicindicesofhousepricestodefinethe17ofthepolicy.ElectronicfuturesmarketsthatarebasedoneconometricindicesofhousepricesbycityalreadybegunbyCityIndexandIGIndexinBritainandnow18developedintheUnitedStateswillenablehome-equityinsurerstohedgetherisksthattheyacquirebywritingthesepolicies. Theseexamplesarenotimpressivesuccessesyet.Butthey19asearlyprecursorsofatechnologythatshouldonedayhelpustodealwiththemassiverisksofinequalitythat20willbesetusincomingyears. Readthefollowingtext.ChoosethebestwordsforeachnumberedblankandmarkABCorDonANSWERSHEET1.11
AfterashakystarttheMartianflotillathathasarrivedoverthepastfewweeksisgettingdowntobusiness.Twoofthefivecraftinitseemtobeworkingperfectly.TwoarelostAndafifthissickbutundergoingtreatment. ThemostspectacularpicturessofarhavebeenprovidedbyMarsEmpresstheEuropeanSpaceAgency’scontributiontothefleet.OnJanuary28ththisreacheditsfinalworkingorbitwhichtakesitoverbothpolesandthusallowsittoseethewholeofMarsoverthecourseofafewdaysastheplanetrevolvesbeneathit.IthashoweverbeensendingbackdatasinceshortlyafteritarrivedandafewdaysagoitscontrollersreleasedaseriesofbeautifulphotographsincludingastereoimageofVallesMarinerisahugecanyonthatmayhavebeenformedbyflowingwater. ThemostscientificallysignificantresultthoughhascomefromOpportunityAmerica’ssecondMarsrover.OneofOpportunity’scamerashasphotographedevidenceofstratification.innearbyrocks.Suchstratificationindicatesthattherocksconcernedaresedimentary.Thelayerscouldberepeatedwind-blowndepositsorconsistofashfromsuccessivevolcaniceruptions.Buttheterrestrialrockstheymostresembleareonesthathaveformedunderwater. ThereasoneveryoneisgettingsoexcitedisBecausethereisawidespreadassumptionthatanyformoftirewhichmightdwellonMarswouldneedliquidwatertolive--orevenifitcouldnowsubsistbyextractingmoisturefromicewouldhaveneededliquidwatertoevolvetothatstage.Marshasseenmoreprobeslaunchedtowardsitthanalloftheotherplanetsputtogetherpreciselybecauseofthishopethatitmightharbourlife.Sothereisalotridingontheanswer--notleastthefundingoffuturemissions. BesidesitsscientificsignificancethesuccessofOpportunityhasalsohelpedtodistractattentionfromthesuddenrefusalofSpiritthefirstAmericanrovertoarriveonMarstotalktoitscontrollers.Thiscrafthadtentativelybutsuccessfullynoseditswayoffitslandingplatformandwasabouttodrillitswayintoanearbyrockpriortodoingaspotofchemicalanalysiswhenitwentsilent. HowevertheengineersatNASAAmerica’sspaceagencyarenothingifnotresourcefulandtheyhaveagoodrecordofcarryingoutrunningrepairsonspacecraftthataremillionsofkilometresaway.InthecaseofSpirittheythinkthatoneofthecraft’smemorychipshasgotclutteredupwithfilescreatedOnthejourneytoMars.Thatcausedanotherchipwhichmanagesthefirsttothrowawobblyandtokeeprebootingthecomputer.Theyarecurrentlytestingthisideabyloadingadiagnosticprogramontothecomputer.InadditionasaprecautiontheyhavedeletedexcessfilesfromtheequivalentmemorychiponOpportunity. Spirit’sspiritsmaythusrevive.AstothefailurestheJapaneseabandonedtheirfly-bycraftNozomiinDecemberandtheBritishteaminchargeofBeagle2whichispresumedtohavelandedonDecember25thbutfromwhichnosignalhasbeenreceivedalsoseemstohavecalleditquits.Stilla40～60%successratedependingonwhetherSpiritisbroughtbackintocommissionisnotbadbythehistoricalstandardsofmissionstoMars.Nowtherealsciencebegins WhatdoesthewordtheyPara.3Line5referto
AtColumbiaUniversitywhereItaughteconomicsformanyyearsbeforecomingtoChinamostofmystudentsspentagreatdealoftimeinvolunteerwork.TheytaughtpoorchildreninthelocalneighborhoodstheyvisitedtheelderlyinhospitalsandathomeandhelpedthemwiththeirshoppingtheyworkedtopreservehistoricsitesandplacesofbeautytheycleanedupwastedumpstheypreparedfoodforthehungrytheycreatedandranstudentnewspaperstheyorganizedconcertsandartisticeventstheyactedastranslatorsformigrantworkerstheyformedpoliticalpressuregroupstheyraisedmoneytocombatAIDSmalariaandotherdiseasesandsoon. Aspart0fthattraditionIdovolunteerworkhereinBeijingjustasIdidinNewYorkbutIfindthatmystudentsatTsinghuaUniversityandatotherschoolsinBeijingaremuchlessinvolvedinvolunteeringthenIhadexpected;InpartofcoursethisreflectstheheavierworkloadinChineseschoolswhichleaveslesstimeforoutsideactivities.ButIthinkthereismoretoitthanjustthis.Ithinkitalsoreflectsaverydifferentsysteminwhichvolunteerworkforstudentshereisusuallyorganizedorsponsoredbygovernmentschoolsorotherofficialgroupsratherthanbythestudentsthemselves.41. Thisisunfortunate.IthinkitwouldbebetterbothforthemandforsocietyifChinesestudentstooktheinitiativetodecidewhatkindsofproblemsorissuestheyfelttobeofimportanceandthenplayedamoreactiveroleinorganizingthework.42. Butthereareatleasttwootherimportantreasonsfordoingvolunteerwork.Thefirstisthatyoucanlearnalotaboutyourselfandaboutyourabilitiesbyorganizingtakingonresponsibilitiesdecidingonobjectivesandfulfillingthem.43. Thisisanimportantlesson.Manyofmystudentshereworkveryhardbuttheirattitudetowardstheirworkisnotalwaysahealthyone.Theydotheworknotbecausetheyloveitorfeelthatitisexcitingbutratherbecauseitisexpectedofthemandtheywillgetrewardedoratleastnotpunishediftheydoit.Withcharitableworkthereisnoexplicitreward.Youworkbecauseyouhavegoalsandintheendtheonlyjudgeofyourworkisyourself.44.Italsoforcesyoutothinkaboutwhatyouaredoingandthebestwaytoaccomplishyourobjectives.Youarenolongersimplydoingsomethingbecauseyourteacheroryourbosstoldyoutodoit. Thesecondimportantreasonforcharitableworkisthatitchangesyourrelationshipwithyoursociety.SometimesIfeelthatmanyofthepeopleImeetheredon’treallyappreciatethegreatnessofChinaandtheexcitementoftheprocessthroughwhichitiscurrentlyliving.TheChinesearewell-knownforbeingnationalisticbutsometimesIthinkthisnationalismhasmoretodowithdistrustofforeignersthanwithloveofcountry.ManyofmyfriendsandstudentssimplydonotknowverymuchabouttheirowncountryandoftenseemunhappywithorembarrassedbycertainaspectsofChina. 45.ForexampleifyouhelpthechildrenofmigrantworkerswiththeireducationyouwillquicklyrealizethatpoormigrantworkersshouldnotbeseenasanembarrassmenttoBeijing.OnthecontrarytheyareagreatstrengthandtheirstoriesarepartofahugeanddramaticexperimentthatChinaisundergoing.Inasmallwaybyworkingwithmigrantchildrenyoucanhelpmaketheexperimentasuccess. [A]Ithinkthatiftheyhadspentmoretimeengagedinactivitiesoutsideofschoolandfamilysuchasdoingvolunteerworktheywouldfeelverydifferently. [B]Thischangesthewayyouthinkaboutworkandaboutyourresponsibilitiestoyourselfandothers. [C]YouwillrealizehowfutureeventscanhavejustasBiganimpactonyourlifeandthoseofyourfriendsandfamily. [D]ThismeansthatmanystudentshereinBeijingthinkofvolunteeringassomethingthatmustbedonetopleaseteachersbossesorotherfiguresofauthorityratherthanbecauseofadesiretoaddressaproblemaboutwhichtheyhavethoughtverydeeply. [E]Whenyouworkcloselywithotherswhoarelessfortunatethanyouorwhenyousetalocalgoalandworktoaccomplishityouseedirectlyhowyouractionscanaffecttheworldaroundyou. [F]Ifyouareinterestedinvolunteerworkyoudon’thavetowaitforyourschoolyourteachersorofficialsontelevisiontotellyouwhattodo. [G]Therearemanyreasonswhythiswouldbegood.Themostobviousreasonofcourseisthatweallhaveobligationstowardsoursocietyandvolunteerworkisonewayofrepayingthisobligation. 43
AtColumbiaUniversitywhereItaughteconomicsformanyyearsbeforecomingtoChinamostofmystudentsspentagreatdealoftimeinvolunteerwork.TheytaughtpoorchildreninthelocalneighborhoodstheyvisitedtheelderlyinhospitalsandathomeandhelpedthemwiththeirshoppingtheyworkedtopreservehistoricsitesandplacesofbeautytheycleanedupwastedumpstheypreparedfoodforthehungrytheycreatedandranstudentnewspaperstheyorganizedconcertsandartisticeventstheyactedastranslatorsformigrantworkerstheyformedpoliticalpressuregroupstheyraisedmoneytocombatAIDSmalariaandotherdiseasesandsoon. Aspart0fthattraditionIdovolunteerworkhereinBeijingjustasIdidinNewYorkbutIfindthatmystudentsatTsinghuaUniversityandatotherschoolsinBeijingaremuchlessinvolvedinvolunteeringthenIhadexpected;InpartofcoursethisreflectstheheavierworkloadinChineseschoolswhichleaveslesstimeforoutsideactivities.ButIthinkthereismoretoitthanjustthis.Ithinkitalsoreflectsaverydifferentsysteminwhichvolunteerworkforstudentshereisusuallyorganizedorsponsoredbygovernmentschoolsorotherofficialgroupsratherthanbythestudentsthemselves.41. Thisisunfortunate.IthinkitwouldbebetterbothforthemandforsocietyifChinesestudentstooktheinitiativetodecidewhatkindsofproblemsorissuestheyfelttobeofimportanceandthenplayedamoreactiveroleinorganizingthework.42. Butthereareatleasttwootherimportantreasonsfordoingvolunteerwork.Thefirstisthatyoucanlearnalotaboutyourselfandaboutyourabilitiesbyorganizingtakingonresponsibilitiesdecidingonobjectivesandfulfillingthem.43. Thisisanimportantlesson.Manyofmystudentshereworkveryhardbuttheirattitudetowardstheirworkisnotalwaysahealthyone.Theydotheworknotbecausetheyloveitorfeelthatitisexcitingbutratherbecauseitisexpectedofthemandtheywillgetrewardedoratleastnotpunishediftheydoit.Withcharitableworkthereisnoexplicitreward.Youworkbecauseyouhavegoalsandintheendtheonlyjudgeofyourworkisyourself.44.Italsoforcesyoutothinkaboutwhatyouaredoingandthebestwaytoaccomplishyourobjectives.Youarenolongersimplydoingsomethingbecauseyourteacheroryourbosstoldyoutodoit. Thesecondimportantreasonforcharitableworkisthatitchangesyourrelationshipwithyoursociety.SometimesIfeelthatmanyofthepeopleImeetheredon’treallyappreciatethegreatnessofChinaandtheexcitementoftheprocessthroughwhichitiscurrentlyliving.TheChinesearewell-knownforbeingnationalisticbutsometimesIthinkthisnationalismhasmoretodowithdistrustofforeignersthanwithloveofcountry.ManyofmyfriendsandstudentssimplydonotknowverymuchabouttheirowncountryandoftenseemunhappywithorembarrassedbycertainaspectsofChina. 45.ForexampleifyouhelpthechildrenofmigrantworkerswiththeireducationyouwillquicklyrealizethatpoormigrantworkersshouldnotbeseenasanembarrassmenttoBeijing.OnthecontrarytheyareagreatstrengthandtheirstoriesarepartofahugeanddramaticexperimentthatChinaisundergoing.Inasmallwaybyworkingwithmigrantchildrenyoucanhelpmaketheexperimentasuccess. [A]Ithinkthatiftheyhadspentmoretimeengagedinactivitiesoutsideofschoolandfamilysuchasdoingvolunteerworktheywouldfeelverydifferently. [B]Thischangesthewayyouthinkaboutworkandaboutyourresponsibilitiestoyourselfandothers. [C]YouwillrealizehowfutureeventscanhavejustasBiganimpactonyourlifeandthoseofyourfriendsandfamily. [D]ThismeansthatmanystudentshereinBeijingthinkofvolunteeringassomethingthatmustbedonetopleaseteachersbossesorotherfiguresofauthorityratherthanbecauseofadesiretoaddressaproblemaboutwhichtheyhavethoughtverydeeply. [E]Whenyouworkcloselywithotherswhoarelessfortunatethanyouorwhenyousetalocalgoalandworktoaccomplishityouseedirectlyhowyouractionscanaffecttheworldaroundyou. [F]Ifyouareinterestedinvolunteerworkyoudon’thavetowaitforyourschoolyourteachersorofficialsontelevisiontotellyouwhattodo. [G]Therearemanyreasonswhythiswouldbegood.Themostobviousreasonofcourseisthatweallhaveobligationstowardsoursocietyandvolunteerworkisonewayofrepayingthisobligation. 45
InOctober2002GoldmanSachsandDeutscheBank1anewelectronicmarketwww.gs.com/econderivsforeconomicindicesthat2substantialeconomicriskssuchasnonfarmpayrollameasureofjobavailabilityandretailsales.Thisnewmarketwasmadepossiblebya3tradingtechnologydevelopedbyLongitudeaNewYorkcompanyprovidingsoftwareforfinancialmarkets4theParimutuelDigitalCallAuction.Thisis"digital"5ofadigitaloption:ieitpaysoutonlyifanunderlyingindexliesinanarrowdiscreterange.IneffectLongitudehascreatedahorseracewhereeach"horse"winsifand6thespecifiedindexfallsinaspecifiedrange.Bycreatinghorsesforeverypossible7oftheindexandallowingpeopletobet8anynumberofrunnersthecompanyhasproducedaliquidintegratedelectronicmarketforawidearrayofoptionsoneconomicindices. Tenyearsagoitwas9impossibletomakeuseofelectronicinformationabouthomevalues.Nowmortgagelendershaveonlineautomatedvaluationmodelsthatallowthemtoestimatevaluesandto10theriskintheirportfolios.Thishasledtoaproliferationoftypesofhomeloansomeof11haveimprovedrisk-managementcharacteristics. Wearealsobeginningtoseenewkindsof12forhomeswhichwillmakeitpossibletoprotectthevalueof13formostpeopleisthesinglemostimportant14oftheirwealth.TheYaleUniversity-NeighbourhoodReinvestmentCorporationprogramme15lastyearinthecityofSyracuseinNewYorkStatemaybeamodelforhome-equityinsurancepoliciesthat16sophisticatedeconomicindicesofhousepricestodefinethe17ofthepolicy.ElectronicfuturesmarketsthatarebasedoneconometricindicesofhousepricesbycityalreadybegunbyCityIndexandIGIndexinBritainandnow18developedintheUnitedStateswillenablehome-equityinsurerstohedgetherisksthattheyacquirebywritingthesepolicies. Theseexamplesarenotimpressivesuccessesyet.Butthey19asearlyprecursorsofatechnologythatshouldonedayhelpustodealwiththemassiverisksofinequalitythat20willbesetusincomingyears. Readthefollowingtext.ChoosethebestwordsforeachnumberedblankandmarkABCorDonANSWERSHEET1.1
InOctober2002GoldmanSachsandDeutscheBank1anewelectronicmarketwww.gs.com/econderivsforeconomicindicesthat2substantialeconomicriskssuchasnonfarmpayrollameasureofjobavailabilityandretailsales.Thisnewmarketwasmadepossiblebya3tradingtechnologydevelopedbyLongitudeaNewYorkcompanyprovidingsoftwareforfinancialmarkets4theParimutuelDigitalCallAuction.Thisis"digital"5ofadigitaloption:ieitpaysoutonlyifanunderlyingindexliesinanarrowdiscreterange.IneffectLongitudehascreatedahorseracewhereeach"horse"winsifand6thespecifiedindexfallsinaspecifiedrange.Bycreatinghorsesforeverypossible7oftheindexandallowingpeopletobet8anynumberofrunnersthecompanyhasproducedaliquidintegratedelectronicmarketforawidearrayofoptionsoneconomicindices. Tenyearsagoitwas9impossibletomakeuseofelectronicinformationabouthomevalues.Nowmortgagelendershaveonlineautomatedvaluationmodelsthatallowthemtoestimatevaluesandto10theriskintheirportfolios.Thishasledtoaproliferationoftypesofhomeloansomeof11haveimprovedrisk-managementcharacteristics. Wearealsobeginningtoseenewkindsof12forhomeswhichwillmakeitpossibletoprotectthevalueof13formostpeopleisthesinglemostimportant14oftheirwealth.TheYaleUniversity-NeighbourhoodReinvestmentCorporationprogramme15lastyearinthecityofSyracuseinNewYorkStatemaybeamodelforhome-equityinsurancepoliciesthat16sophisticatedeconomicindicesofhousepricestodefinethe17ofthepolicy.ElectronicfuturesmarketsthatarebasedoneconometricindicesofhousepricesbycityalreadybegunbyCityIndexandIGIndexinBritainandnow18developedintheUnitedStateswillenablehome-equityinsurerstohedgetherisksthattheyacquirebywritingthesepolicies. Theseexamplesarenotimpressivesuccessesyet.Butthey19asearlyprecursorsofatechnologythatshouldonedayhelpustodealwiththemassiverisksofinequalitythat20willbesetusincomingyears. Readthefollowingtext.ChoosethebestwordsforeachnumberedblankandmarkABCorDonANSWERSHEET1.15
InOctober2002GoldmanSachsandDeutscheBank1anewelectronicmarketwww.gs.com/econderivsforeconomicindicesthat2substantialeconomicriskssuchasnonfarmpayrollameasureofjobavailabilityandretailsales.Thisnewmarketwasmadepossiblebya3tradingtechnologydevelopedbyLongitudeaNewYorkcompanyprovidingsoftwareforfinancialmarkets4theParimutuelDigitalCallAuction.Thisis"digital"5ofadigitaloption:ieitpaysoutonlyifanunderlyingindexliesinanarrowdiscreterange.IneffectLongitudehascreatedahorseracewhereeach"horse"winsifand6thespecifiedindexfallsinaspecifiedrange.Bycreatinghorsesforeverypossible7oftheindexandallowingpeopletobet8anynumberofrunnersthecompanyhasproducedaliquidintegratedelectronicmarketforawidearrayofoptionsoneconomicindices. Tenyearsagoitwas9impossibletomakeuseofelectronicinformationabouthomevalues.Nowmortgagelendershaveonlineautomatedvaluationmodelsthatallowthemtoestimatevaluesandto10theriskintheirportfolios.Thishasledtoaproliferationoftypesofhomeloansomeof11haveimprovedrisk-managementcharacteristics. Wearealsobeginningtoseenewkindsof12forhomeswhichwillmakeitpossibletoprotectthevalueof13formostpeopleisthesinglemostimportant14oftheirwealth.TheYaleUniversity-NeighbourhoodReinvestmentCorporationprogramme15lastyearinthecityofSyracuseinNewYorkStatemaybeamodelforhome-equityinsurancepoliciesthat16sophisticatedeconomicindicesofhousepricestodefinethe17ofthepolicy.ElectronicfuturesmarketsthatarebasedoneconometricindicesofhousepricesbycityalreadybegunbyCityIndexandIGIndexinBritainandnow18developedintheUnitedStateswillenablehome-equityinsurerstohedgetherisksthattheyacquirebywritingthesepolicies. Theseexamplesarenotimpressivesuccessesyet.Butthey19asearlyprecursorsofatechnologythatshouldonedayhelpustodealwiththemassiverisksofinequalitythat20willbesetusincomingyears. Readthefollowingtext.ChoosethebestwordsforeachnumberedblankandmarkABCorDonANSWERSHEET1.3
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