1. The government didnt want to cancel a meeting in its capital. www.test99.com
2. This country did something that went against the international agreements. www.test99.com
3. The king declared that he was unable to stop the civil war. www.test99.com
4. A fierce quarrel broke out between this country and its neighbour. www.test99.com
5. A national budget is going to be approved by the parliament some time in July. www.test99.com
6. An opposition .party plans to turn down its enemy who now controlls the government. www.test99.com
7. A nuclear reactor aroused the suspicion of the United Nations which sent inspectors there to investigate. www.test99.com

A . North Korea announced that it had begun to change the fuel at a nuclear reactor at Youngbyon without the presence of international inspectors, a move that is contrary to international agreements. www.test99.com

B. The Khmers Rouges claimed to have captured the town of Mongkol Borei, in north-western Cambodia. As King Sihanouk prepared to leave for China to resume cancer treatment ,he said he had lost hope of resolving the Cambodian conflict. www.test99.com

C. Japans main opposition party, the Liberal Democrats, said it would try to bring down the minority government of Tsutiomu Hata once the budget is passed by parliament in mid-July. www.test99.com

D. The Philippines refused a demand by Indonesia to ban a conference in Manila on East Timor, provoking the worst dispute between the countries for several years. www.test99.com

PART TWO www.test99.com
Questions 8-12 www.test99.com
. Read this memorandum. www.test99.com
. Choose the lest sentence from the list A-I to fill each of the blanks. www.test99.com
. For each blank (8-12) mark one letter (A-I) on your Answer Sheet. www.test99.com
. De not mark any letter twice. www.test99.com
. One answer has teen given as an example. www.test99.com

MEMORANDUM www.test99.com
To: Filma Williams ,school of Architecture www.test99.com
From : Ram S. Johnson ,Physical Plant Operations www.test99.com
Subject : Air-conditioning Installation Costs for East Hall. www.test99.com
Date : 4.4.94 www.test99.com
As you requested in your memo of March 15, we have studied the costs of installing air conditioning for the seven offices and two studio classrooms in Eest Hall ... ...example....`. . www.test99.com
Office and Classroom installation www.test99.com
Estimates were obtained from three contractors on the costs of covering the offices and classrooms ... ... 8... ... The work would take about three weeks. www.test99.com
Because the central unit would be installed on the roof, some noise problems might occur during a four-or five-day period......9...... Sheet metal work to build out lest in the classes could be done on weekends , and the overtime labour costs of about $1,500 have been included in the estimates. www.test99.com
Arrangements were not made to do the office space installation on weekends `.. ... 10... .. www.test99.com
Additional Installation www.test99.com
Because a larger installation, including a more powerful central unit, would be necessary to handle the halls and stairways ,an additional $6 , 000 would be required for the equipment. .....11 ...... If this additional work were delayed until a later time, a new central unit would be required along with changes in the pipe way ......12...... www.test99.com
Summary www.test99.com
The total job for the building would be about $ 35, 000 if done at one time. A two-stage installation would cost about $55 ,000. I can get official bids at your request. www.test99.com

Example: A www.test99.com
A As you suggested, we also sought information on the additional cost of air www.test99.com
conditioning in the entrance halls and stairways. www.test99.com
B All these three were in the $ 20,000 to $25,000 range. www.test99.com
C This later installation would cost about $20,000. www.test99.com
D However, class interruption should be minimal. www.test99.com
E In the same way, each of these three would take at least one month. www.test99.com
F Therefore ,the total cost was this $6 ,000 plus another $5,000. www.test99.com
G Labour costs would be an additional S 5 ,000,bringing the total cost of the addition to $11 ,000. www.test99.com
H Each faculty member could expect to have workers in the office for about one day. www.test99.com
I So faculty members can continue their office work as usual. www.test99.com

PART THREE www.test99.com
Questions 13-20. www.test99.com
. Read this letter alert explanation of business problems , and answer the questions that follow. www.test99.com
Williams and Co. www.test99.com
54 Jermyn Street www.test99.com
London SW 1Y 6LX www.test99.com
July, 1993 www.test99.com
Manager of Export Sales www.test99.com
Hilton Motorcycles Ltd. www.test99.com
Fenley Works www.test99.com

Dear Sir or Madam : www.test99.com
We received your letter dated 2nd July, expressing your dissatisfaction with the present level of your sales in Nigeria. We shall try to explain as briefly as possible how it is that your competitors are doing so well so that you may see why it is that we are not. We shall also suggest ways of improving the present situation. Our difficulties may be summarized as follows : www.test99.com

1. Your competitors pay for extensive advertising in newspapers and magazines that reach every corner of Nigeria. We receive no financial help for advertising and do not receive sufficient commission to pay for it ourselves. www.test99.com

2. The company referred to in your letter sent a two-man team on a tour of six provinces in a specially equipped lorry containing the models they wished to publicize. Their agent had arranged displays in the towns they were due to visit and had announced them in the local press. With such backing from the manufacturer ,high sales are inevitable ! www.test99.com

3. What sells well in Europe does not necessarily sell well elsewhere. Your competitors know this and plan accordingly. They give maximum publicity to three or four models that are sure to sell well here. We would suggest that you do the same and concentrate on the 98cc Speedy, the 250cc Hunter and the 350cc Hawk. www.test99.com

4. In spite of the excellent containership service between England and West Africa we are still having to wait for too long for orders to be shipped. Once they have placed an order, customers are impatient to receive it. Our present commission of 10/00 does not allow us to undertake sales tours in other regions. Nigeria covers an area of over 350 , 000 square miles and our present commission will not stand the expense of such trips. www.test99.com

If you are prepared to increase our commissions ,contribute to our travel expenses on the longer journeys and back us with advertising. We are convinced that we can do as well as your competitors. We look forward to your comments. www.test99.com
Yours faithfully , www.test99.com
Williams and Co. www.test99.com
Questions 13-16 www.test99.com
. For questions 13 -16 ,choose the correct title for each paragraph from the box below. www.test99.com
. For each paragraph (1-4) mark one letter (AG) on your Answer Sheet. www.test99.com
. Do not mark any letter twice. www.test99.com
13. Paragraph 1.......... www.test99.com
14. Paragraph 2.......... www.test99.com
15. Paragraph 3.......... www.test99.com
16. Paragraph 4.......... www.test99.com

A Deliveries and commission www.test99.com
B A two-man team www.test99.com
C Proper models. www.test99.com
D More advertisements www.test99.com
E Your competitors successful methods www.test99.com
F Expenses for trips www.test99.com
G Sales promotions www.test99.com

Questions 17-20 www.test99.com
17. We are going to give a brief explanation. . . . . . . . . . . . . . . . . . www.test99.com
18. Your competitors advertisements often appear in popular publications www.test99.com
19. Hear is our suggestion that you follow their example and. . . . . . . . . www.test99.com
20. If you give us more financial assistance ,we believe., - . . . . . . . . - www.test99.com
A. Why your competitors are doing better than us. www.test99.com
B. that they wished to publicize. www.test99.com
C. that we can catch up with your competitors. www.test99.com
D. that you concentrate on three models. www.test99.com
E. that are sure to sell well. www.test99.com
F. which they would certainly visit. www.test99.com
G. that reach every corner of Nigeria. www.test99.com

PART FOUR www.test99.com
Questions 21-35 www.test99.com
. Read this text about a British business. www.test99.com
. Choose the best word to fill each gap. www.test99.com
. For each question (21-35) mark one letter (A ,B ,C or D) on your Answer Sheet. www.test99.com
. One answer has been given as an example. www.test99.com

Jack Cohen and his wife Tessa began their small grocery business on Londons High Street in the early 1950s. Since that. . . . . . example. . . . . . . the company , TESCO , has grown to become .the UKs leading food retailer with annual sales of 6.4pounds billion and has . . . . . . 21. . . . . . a new reputation for quality and service. Its 384 stores in England, Scotland and Wales . . . . . .22. . `.` . . more than nine million customers per week. www.test99.com
In the 34 year old Colin Smith we can see TESCOs . . . . . . 23. . . . . . on value plus quality and service. Upon. . . . . . 24. . . . . . TESCOs management team in 1987 as trading director for fresh meats ,he immediately focused . . . . . . 25. . . . . . improving supply and distribution systems. He set up a supplier certification program with strict specifications for processing facilities and livestock quality, plus . . . .. . 26. . . . . . quality checks at each TESCO distribution center and store. www.test99.com
One of Smiths priorities has been an. . . . . . 27. . . . . . lamb program. TESCO could not obtain enough fresh lamb to .. . . . 28. . . , . . deman4 and was . . . . . . 29. . . . . . to fill in with frozen product. Smith turned to Cryovac specialists who . . . . . .30. . . . . . with TESCO and its meat suppliers to . . . . . . 31. . . . . . the Problem. www.test99.com
The . . . . . . 32. . . . . . was a new packaging system from Cryovac featuring a harder Cryovac Barrier Bag which dramatically. . . . . . 33. . . . . . package damages. Vacuum packaged fresh lamb now arrives at TESCO stores in the best condition year-round and sales have. . . . . . 34. . . . . . to more than than 60 million pounds . . . . . . 35. . . . . . www.test99.com

Example: www.test99.com
A. period B. time C. year . D. day www.test99.com
Answer: B www.test99.com

21. A. had B. done C. made D. established www.test99.com
22. A. sell B. serve C. meet D. hold www.test99.com
23. A. emphasis B. idea C. name D. import3nce www.test99.com
24. A. becoming B. being C. entering D. joining www.test99.com
25. A. on B. in C. at D. with www.test99.com
26. A. nearby B. far C. further D. farther www.test99.com
27. A. old B. improved C. impossible D able www.test99.com
28. A. ask B. answer C. satisfy D. question www.test99.com
29. A. tried B. forced C. led D. set www.test99.com
30. A. cooperate B. link C. study D. sit www.test99.com
31. A. attack B. answer C. ask D. demand www.test99.com
32. A. next B. first C. result D. beginning www.test99.com
33. A. prevented B. stopped C. reduced D. increased www.test99.com
34. A. enriched B. reached C. arrived D. grown www.test99.com
35. A. daily B. annually C. usually D. particularly www.test99.com

PART FIVE www.test99.com
Section A www.test99.com
Questions 36-40 www.test99.com
. Read this letter to the editor of a magazine. www.test99.com
. In most of the lines (36-40) there is one extra word which does not fit in. One or two lines, however, are correct. www.test99.com
. If the line is correct ,put a tick (√) in the space on your .4nswer Sheet. www.test99.com
. If there is an extra word in the line ,write that word in the space on your Answer Sheet. www.test99.com
Example : www.test99.com
New Mexicos mineral industries make up for about one third of. . . for www.test99.com
the states 1.9 billion general-fund income in fiscal year 1991. . . √ . . www.test99.com

LETTER TO THE EDITOR www.test99.com
Sir-you say that New Mexico has few natural resources. www.test99.com
36. However ,the mineral industry in New Mexico is one of the www.test99.com
37. states most strongest economic forces. In 1991 New Mexico www.test99.com
38. ranked fourth one in the United States in production of natural gas. www.test99.com
39. Ten combined value of those oil and gas production was S 2. 8 billion dollars. www.test99.com
40. New Mexico came through the recent recession in much better shape than most other www.test99.com
states. www.test99.com

PART FIVE www.test99.com
Section B www.test99.com
Questions 41 45 www.test99.com
. The following is an English translation of the description of a Japanese product. www.test99.com
. In each line there is one wrong word. www.test99.com
. For each numbered line (41-45) write the correct word in the space on your Answer Sheet. www.test99.com
Example : www.test99.com
In despite of the price well import this product. . . . . .spite. . . . . . www.test99.com

The Sharp FO-9000 works in three steps. First ,you tell the machine www.test99.com
41. the size of the photo to be sent out ,and the FO-9000 scans it onto their www.test99.com
42. hard disk. Then, the fax sends the data though the phone lines www.test99.com
43. to the fax in other office, Finally ,the second fax recreates the image. www.test99.com
44. The machine measures 16 inches height by 18 wide by 17 deep www.test99.com
45. and weights88 pounds. The price is high: $ 63,990 a pair, www.test99.com
since what use is only one? www.test99.com

二. WRITING www.test99.com
PART ONE www.test99.com
Question 46 www.test99.com
The staff in your office decided to spend holidays together this year. While reading the new you are attracted by the advertisement of the Grand Palazzo Hotel in Italy. No one in your office has ever been to Italy. So you want your secratary to contact the hotel through telephone. www.test99.com

. Write a short message to Ms. Emily Malan ,your secretary. www.test99.com
. Suggest the Visit to Italy. www.test99.com
. Give the hotel telephone number to her. www.test99.com
. Ask her to contact with that hotel. www.test99.com
. write 30-40 words on your Answer Sheet. www.test99.com

PART TWO www.test99.com
Question 47 www.test99.com
You work for Global institute inc. , which produces softwares. You are responsible for Quality Management System. www.test99.com
Study the following graph which shows the effort taken by your company and IBI Inc , your main competitor. In the graph ,the Quality Management is divided into five parts. www.test99.com
. Use the information in the graph to write a short report (about 100 120 wards) suggesting ways of improving the quality management of your company. www.test99.com
. Write on your Answer Sheet. www.test99.com

附图www.test99.com

www.test99.com
三.LISTENING www.test99.com
PART ONE www.test99.com
Questions 1-12 www.test99.com
. You will hear three face to face conversations. www.test99.com
. Write down one word or number in the numbered spaces on the forms below. www.test99.com

Message One. Questions 1-4 www.test99.com
Ordering List www.test99.com
Table No : 3 www.test99.com
Name of Customer : Mr. www.test99.com
Dishes : Drink 2 bottles of beer. www.test99.com
Main Dishes : Chicken with red (3 ). . . . . . www.test99.com
(4 ) . . . beef. . . www.test99.com
stewardess No. 10 Service Time : 6 : 30pm www.test99.com

Message Two. Questions 5-8 www.test99.com
NEW ACCOUNT REGISTRATION www.test99.com
Name : Lilian . (5). . . Open Date : 3rd ,Feb. www.test99.com
. Account Type : (6). . . account www.test99.com
Deposit Amount : (7) . . . . . . www.test99.com

Message Three. Questions 9- 1 2 www.test99.com
Immigration Registration www.test99.com
Flight No : JH21 2 www.test99.com
Arrival Time : 11:40 www.test99.com
Name : Helen Robbinson www.test99.com
Passport No : 72931831 www.test99.com
Purpose of Visit : (9) . . . . . . www.test99.com
Temporary Staying Place : mainly with (10) . . . . . . www.test99.com
Staying Period : about (11) . . . months www.test99.com
Leaving Date : 15th ,(1 2 ) . . . . . . www.test99.com

PART TWO www.test99.com
Questions 13-22 www.test99.com
Section One www.test99.com
Questions 13-17 www.test99.com
. You will hear five short pieces. www.test99.com
. For each piece decide what the speaker is talking about. www.test99.com
. Write one letter (A-H) next to the number of the piece. www.test99.com
. You will hear the five pieces twice. www.test99.com
1 3. . . . . . . www.test99.com
1 4. . . . . . . www.test99.com
1 5. . . . . . . www.test99.com
1 6. . . . . . . www.test99.com
l 7. . . . . . . www.test99.com

objects www.test99.com
A catalogues www.test99.com
B boxes www.test99.com
C books www.test99.com
D greeting cards www.test99.com
E radio programmes www.test99.com
F weather www.test99.com
G TV programmes www.test99.com
H cars www.test99.com

Section Two www.test99.com
Questions 18-22 www.test99.com
. You will hear another five short pieces. www.test99.com
. For each piece decide who is talking. www.test99.com
. Write one letter (AH) next to the number of the piece. www.test99.com
. You will hear the five pieces twice. www.test99.com
18. . . . . . . . . www.test99.com
19. . . . . . . . . www.test99.com
20. . . . . . . . . www.test99.com
21. . . . . . . . . www.test99.com
22 . . . . . . . . . www.test99.com

speakers www.test99.com
A a librarian www.test99.com
B a stewardess www.test99.com
C a taxi-driver www.test99.com
D a waitress www.test99.com
E an investment counselor www.test99.com
F a news broadcaster www.test99.com
G an electrician www.test99.com
H a pilot www.test99.com

PART THREE . www.test99.com
Questions 23-30 www.test99.com
. You will hear a talk given by a senior economist of Germany. He talks about the German economic www.test99.com
policy-M3 and its real effect on German economy. www.test99.com
. You have to complete the sentences (23-30) by choosing the correct ending. www.test99.com
. Mark one letter (A ,B or C). www.test99.com

23. M3 means www.test99.com
A limiting money supply. www.test99.com
B Wide-ranged money supply. www.test99.com
C exporting government bonds. www.test99.com

24. The Bundesbank is going to www.test99.com
A increase the money supply. www.test99.com
B abandon the strong money supply. www.test99.com
C raise the interest rates. www.test99.com

25. Kiel institute of World Economics has found the evidence for www.test99.com
A short-term fluctuation of demand for money following German unification. www.test99.com
B long-run relationship between money supply growth and inflation. www.test99.com
C stable long-run demand for money. www.test99.com

26. Money supply growth will . www.test99.com
A help increasing the government bonds. www.test99.com
B increase the public debt. www.test99.com
C help financing of government debt. www.test99.com

27. Explanation of excessive money supply from the Bundesbank representatives is based on www.test99.com
A the fact that monetary capital grew at a lower rate. www.test99.com
B the shifts between money and money capital. . www.test99.com
C the expansion of credit which has been driving money supply growth. www.test99.com

28. The speaker worries about the money supply because www.test99.com
A it is used in productive capacity. www.test99.com
B it is used mainly in machinery and equipment. www.test99.com
C it is used in bousing constriction and consumption. www.test99.com

29. Bank credit rising is mainly caused by www.test99.com
A money supply. www.test99.com
B public debt. www.test99.com
C German domestic savers. www.test99.com

30. Internal liabilities are increased in mainly by www.test99.com
A big investment. www.test99.com
B office consumption. www.test99.com
C finance transfers to East Germany.www.test99.com

www.test99.com

BEC二级模拟试题 5 参考答案 www.test99.com
www.test99.com

BEC二级模拟试题 5参考答案 试题www.test99.com

www.test99.com
一. 阅读部分 www.test99.com
PART ONE www.test99.com
1. D 2. A 3. B 4. D 5. C 6. C 7. A www.test99.com
PART TWO www.test99.com
8. B 9. D 10. H 11. G 12. C www.test99.com
PART THREE www.test99.com
13. D 14. G 15. C 16. A 17. A 18. G 19. D 20. C www.test99.com
PART FOUR www.test99.com
21. D 22. B 23.A 24. D 25. A 26.C 27.B 28. C 29.B www.test99.com
30. A 31. A 32.C 33. C 34. D 35.B www.test99.com

PART FIVE www.test99.com
Section A www.test99.com
36. most是多余,应删掉. www.test99.com
37. one是多余,应删掉. www.test99.com
38. those是多余,应删掉. www.test99.com
39. dollars 是多余,应删掉. www.test99.com
40. 没有多余的词. www.test99.com

Section B www.test99.com
41. their应改为its www.test99.com
42. though应改为through www.test99.com
43. other应改为another www.test99.com
44. height应改为high www.test99.com
45. weights 应改为weighs www.test99.com

二.写作部分 www.test99.com
PART ONE www.test99.com
Question 46 www.test99.com
(Sample for reference) www.test99.com
To : Emily www.test99.com
As on one in the office has been to Italy, it will be a good idea to visit it. We may stay in the Grand Palazzo Hotel and the telephone is 809. 775. 3333. Please contact them to get further information. www.test99.com

PART TWO www.test99.com
Question 47 www.test99.com
(Sample for reference) www.test99.com
How to improve Quality Management System with limited capitals? That is the key to www.test99.com
success. After careful study of IBI Inc our main competitor ,we find that they spend some money in Customer Service and Vender inspections which are vital to Quality Management. As we know, softwares are developed quickly. Customers and venders know clearly what they need. Therefore, we should develop programmes based on information through Customer Service and Vender inspections. Another fact with our attention is that although IBI Inc.s Plant productivity is not high, they can sell out their new, high-quality softwares quickly as they have a very good Quality Control System. Therefore, we should adjust the capitals. www.test99.com

三.听力部分 www.test99.com
1. white 2. 2 3. wine www.test99.com
4. well-cooked 5. Kobak 6. checking www.test99.com
7. 1,000pounds 8. 69 9. on holiday www.test99.com
10. friends 11. three 12. March www.test99.com
13. F 14. H 15. D www.test99.com
16. G 17. A 18. C www.test99.com
19. A 20. E 21. B www.test99.com
22. F 23. B 24. A www.test99.com
25. A 26. C 27. B www.test99.com
28. C 29. B 30. C www.test99.com

Tape script www.test99.com
Part One. Questions 1-12 www.test99.com
Message One. Questions 14. www.test99.com
F1 : Hello ! Welcome to our restaurant. www.test99.com
M1 : Hello ! I have booked a table for 2 people. www.test99.com
F1 : Are you Mr. White? www.test99.com
M1 : Yes ,I am. www.test99.com
F1 : Then , come this way , please ! www.test99.com
M1 : Thank you. Could you show us the menu? www.test99.com
F1 : Here you are ,Sir. www.test99.com
M1 : Well ,well ,there are so many beautiful names ,but I have no idea what they really are. Can you recommend something for us? www.test99.com
F1 : I suggest you should have todays special. www.test99.com
M1 : And whats that? www.test99.com
F1 : Its chicken with red wine ,mushroom ,onion and garlic. www.test99.com
M1 : it sounds delicious. Well ,we dont like onion and garlic. Do you have beef? www.test99.com
F1 : Yes ,sir. How do you like it? www.test99.com
M1 : Well-cooked. www.test99.com
F1 : Yes ,sir. Would you like something to drink? www.test99.com
M1 : Just two bottles of beer. www.test99.com
F1 : Anything else? www.test99.com
M1 : No , thank you. www.test99.com

Message Two. Questions 5-8. www.test99.com
M1 : Good morning. May I help you? www.test99.com

F1 : Yes. I have just moved here from Liverpool. As you seem to be the closest bank Id like to open an account here. www.test99.com
M1 : Welcome to account services in our bank. What type of account would you like to open ? www.test99.com
F1 : Of course ,a check account. Do you have a check account policy? Is there a minimum balance required? www.test99.com
M1 : Yes ,you have to open your account with five hundred pounds or more ; otherwise , well charge a monthly service fee of five pounds. Also , we pay interest on your check account . www.test99.com
F1 : How much interest do you pay? www.test99.com
M1 : Right now, its six percent. And we use the average daily balance to calculate the interest youve earned and credit it automatically to your account. www.test99.com
F1 : Then Id like to open this account with a deposit of one thousand pounds. My name is Lilian Kobak. www.test99.com
M1 : Could you spell it? www.test99.com
F1 : L-I-L-I-A-N , K-O-B-A-K. www.test99.com
M1 : Ok , Ms. Kobak, youll receive the printed checks in ten days. First , you have to fill out these forms. www.test99.com

Message Three. Questions 9- 12. www.test99.com
M1 : Welcome to Paris. May I see your passport? www.test99.com
...Oh I see youve never been here before. www.test99.com
F1 : No ,this is the first time I have been to Paris. www.test99.com
M1 : Er ,whats the purpose of your visit? www.test99.com
F1 : Im on holiday. www.test99.com
M1 : Where are you going? www.test99.com
F1 : Im going from here to London ,then to Edinburgh and then back to Paris. www.test99.com
M1 : Where are you going to stay? www.test99.com
F1 : Well ,mainly with my friends. www.test99.com
M1 : And how long are you going to be here? www.test99.com
F1 : Well ,about three months. www.test99.com
M1 : Er ,whats the date of your return? www.test99.com
F1 : Could you make it the 15th of March? www.test99.com
M1 : Ok ! www.test99.com
F1 : Thanks a lot. www.test99.com

Part Two. Questions 13-22. www.test99.com
Section One. Questions 13-17. www.test99.com

Question Thirteen www.test99.com
It is said in the newspaper that the temperature will be in the mid-eighties Fahrenheit in the east today. No rain is expected ,and the forecast says the temperature wont go below seventy-five for the next week or so. www.test99.com

Question Fourteen www.test99.com
It uses lighter material in the body and frame. It adopts a new kind of carburetor which cuts down on petrol consumption. That will save your money. The steering and brakes are powerful. You can take a test drive and see how it runs. www.test99.com

Question Fifteen www.test99.com
This looks funny, but I dont know if it has the same sense of humour as me. This www.test99.com
second one is pretty ,but it doesnt have any of my personality or taste in it. Oh ,I like this one. The design is attractive and the message is warm and friendly. www.test99.com

Question Sixteen www.test99.com
I started with some game shows this morning. I answered almost all the questions www.test99.com
correctly. At 11 : 30 1 switched to the cable channel and the film was so boring that I changed to Channel 5. Thats Animal World. But I was so tired that I fell asleep. www.test99.com

Question Seventeen www.test99.com
There was a big box like piece of furniture with lots of long drawers that had cards inside. Each card represents a different book. These cards are all arranged in alphabetical order. If you know the name of the book, the name of the author, or the subject ,youll be able to find the book you need. www.test99.com

Section Two. Questions 18-22. www.test99.com
Question Eighteen www.test99.com
Ive been driving for about six years now. Its a good job. I meet different, interesting people. Most months the business is good. My office is the wheels instead of in high buildings. I like my job very much. www.test99.com

Question Nineteen www.test99.com
Have you any identification which shows your address. I need to see something that verifies that you are a resident of our country. And please fill out this card. In a week, youll receive a new library card. www.test99.com

Question Twenty www.test99.com
If you put your money in long-term bonds or securities ,you know what the interest is going to be. Its usually a safe way to invest. If you invest in the stock market ,you may make a big profit when the price goes up. But none of us really knows whats going to. happen in the market. www.test99.com

Question Twenty-one www.test99.com
Welcome to Flight 721. Well depart for Paris and will arrive at 2:32 pm. local time. Well be flying at an altitude of thirty-five thousand feet, so please fasten your seat belts. Our stewardesses will come around to help you. www.test99.com

Question Twenty-two www.test99.com
After four days of talks in Tokyo ,American and Japanese negotiators have agreed on a proposal for balanced trade in modern technology products. Only after the approvals of the Japanese and American governments will the proposal take effect. www.test99.com

Part Three. Questions 23-30. www.test99.com
As German broad money supply(M3)now seems set to exceed its target for the third year in a row, pressure on the Bundesbank is growing to ignore what Bundesbank president, Mr.Hans Tieteyer, calls an important intermediate indicator. The Bundesbank itself has been strengthening the hand of critics of monetary targeting by lowering interest rates sharply despite very strong money supply growth in the past six months. www.test99.com
Abandoning M3 now as a signpost for monetary policy would be a grave mistake for at least two reasons. First, there is on convincing evidence so far that the long-run relationship between money supply growth and inflation has ceased to exist. Publicly available independent studies , such as those from the Kiel institute of World Economics , have found some evidence for a short-term disturbance in the demand for money in the wake of German unification. But they have failed to reject the hypothesis that the long-run demand for money has remained stable. www.test99.com
Second, excessive money supply growth has reflected the partial monetary financing of government debt ,which ,if continued ,could threaten the purchasing power of the D-Mark. www.test99.com
In recent months Bundesbank representatives and other observers have attempted to explain the rampant growth of money supply on the basis of portfolio shifts between money and monetary capital which means the longer-term liabilities of the credit institutions. It is excluded from M3. www.test99.com
In reality, however, expansion of credit has been driving money supply growth. At the end of 1993, total bank credit amounted to about DM3, 800bn, M3 money to DMI , 900bn, and monetary capital to roughly DMZ , 100bn. With bank credit rising at an annual rate of 10. 3 per cent between the end of 1991 and the end of 1993 ,monetary capital would have to grow substantially above this rate to neutralize the effects of credit growth on M3. www.test99.com
In fact, monetary capital grew at an annual average rate of only 7. 7 pre cent ,so the annual rise of M3 during this period was 8. 7 per cent. www.test99.com
If the expansion of bank lending had been used to finance investment in future productive capacity ,there would have been little reason to worry. www.test99.com
However, between the second half of 1990 and the second half of 1993, real investment in machinery and equipment in united Germany declined by about 4 per cent. This suggests that most of the credit was used for housing construction and consumption. www.test99.com
An important source of the demand for bank credit was the public sector. Between the end of 1989 and mid-1993 ,public debt rose by 52 per cent. By-the end of 1994 ,the rise will be more than 115 percent. The lions share of this increase was incurred to finance transfers to east Germany. Since the appetite of German domestic savers for government bonds was not sufficient to absorb the `new debt, the government exported part of it by selling bonds abroad ,and allowed the monetization of another part.www.test99.com