1 . Banks view online banking as a powerful “value-added” tool to attract and keep new customers while helping to eliminate costly paper handling or teller(出纳员)interactions in an increasingly competitive banking environment .
Today, most large national banks, many local banks and credit unions offer some form of online banking, variously known as PC banking, home banking, electronic banking or Internet banking. Online banks are sometimes referred to as “brick-to-click” banks, both to tell them from “brick-to-mortar” banks that haven’t yet offered online banking, as well as from “virtual”(虚拟)banks that have no physical branches or tellers whatsoever.
The challenge(挑战)for the banking industry has been to design this new service channel in such a way that its customers will readily learn to use and trust it. Most of the large banks can now offer fully safe, fully functional(功能的)online banking for free or for a small cost. As more banks succeed online and more customers use their sites, fully functional online banking will likely become as commonplace as automated teller machines (ATM).
Online banking has a lot of advantages. Unlike your corner bank, online banking sites never close; they’re at hand 24 hours a day, seven days a week, and they’re a mouse click away. If you’re out of state or even out of the country when a money problem appears, you can log on instantly to your online bank and take care of business. Online bank sites generally carry out and confirm (确认)deals at or quicker than ATM processing speeds. Many online banking sites now offer fashionable tools to help you manage all of your valuable items more effectively.
1. The word “eliminate” in the first paragraph probably means “ ”.| A．keep | B．remove | C．reduce | D．improve |
| A．To make online banking attractive. | B．To open new services all over the world. |
| C．To offer online banking for free. | D．To take care of business 24 hours a day. |
| A．“brick-to-click” banks are in fact another kind of physical banks |
| B．the function of a “brick-to-click” bank is as common as that of an ATM |
| C．a “brick-to-mortar” bank is no better than a virtual one |
| D．customers can deal with their banking by a mouse click |
| A．Banking of Various Forms | B．Improvement of Banking Industry |
| C．Development of Online Banking | D．Functions of the “Brick-to-Click” Bank |
More than 87 million tickets were bought for the Pennsylvania lottery drawing. Those who bought tickets had to choose seven numbers from 1 to 80. The chance of winning was one in 9．6 million. But that little chance certainly didn’t affect ticket sales. In the last few days before the drawing , tickets were selling at the unbelievable rate of 500 per second.
Experts say many people buy lottery tickets because they just want to have a piece of the action. Others say the lottery is a stock market for poor people. It allows them to dream about wealth they’ll probably never have.
But many people believe lotteries are no better than legalized gambling. Some critics note that most people who play are poor and may not be able to afford the tickets. There are also many addicts who take the game seriously. They may pour their life savings into lottery tickets. Some clubs have been formed to help them kick the habit.
Politicians like lotteries because they provide money that would otherwise have to some from new taxes. The profits from lotteries are usually used to pay for education or programs for senior citizens. But critics say this arrangement just allows states to legalize vice（恶习）, under the name of social progress. No matter whether you regard state lotteries right or not , you cannot refuse to accept their extreme popularity with many Americans.
1. The main idea of the passage is that ．
| A．lotteries are of great benefit to everyone who buys them |
| B．playing a lottery is just like investing in the stock market |
| C．a lot of people buy lottery tickets , but lotteries cause disagreement |
| D．lotteries are just legalized vice |
| A．Politicians like lotteries because they don’t have to pay extra tax ． |
| B．The popularity of lotteries in America actually is social progress ． |
| C．Some critics don’t like lotteries because many poor people waste their money on them ． |
| D．People love the lottery because it is a stock market ． |
| A．$1．62 million | B．$90million | C．$9．6million | D．$87million |
| A．join a club | B．save every cent |
| C．win the Pennsylvania | D．kick the habit |
3 . If your boss asks you to work in Moscow this year, he’d better offer you more money to do so — or even double that depending on where you live now. That’s because Moscow has just been found to be the world’s most expensive city for the second year in a row by Mercer Human Resources Consulting.
Using the cost of living in New York as a base, Mercer determined Moscow is 34.4 percent more expensive including the cost of housing, transportation, food, clothing, household goods and entertainment(娱乐).
A two-bedroom flat in Moscow now costs $4,000 a month; a CD $24.83, and an international newspaper $6.30, according to Mercer. By comparison, a fast food meal with a hamburger(汉堡包) is a steal at $4.80.
London takes the No.2 place, up from No.5 a year ago, thanks to higher cost of housing and a stronger British pound relative to the dollar. Mercer estimates(估算) London is 26 percent more expensive than New York these days. Following London closely are Seoul and Tokyo, both of which are 22 percent more expensive than New York, while No.5 Hong Kong is 19 percent more costly.
Among North American cities, New York and Los Angeles are the most expensive and are the only two listed in the top 50 of the world’s most expensive cities. But both have fallen since last year’s study — New York came in 15th, down from 10th place, while Los Angeles fell to 42nd from 29th place a year ago. San Francisco came in a distant third at No. 54, down 20 places from a year earlier.
Toronto, meanwhile, is Canada’s most expensive city but fell 35 places to take 82nd place worldwide. In Australia, Sydney is the priciest place to live in and No. 21 worldwide.
1. What do the underlined words “a steal” in Paragraph 3 mean?| A．an act of stealing | B．something delicious |
| C．something very cheap | D．an act of buying |
| A．the high cost of clothing | B．the stronger pound against the dollar |
| C．its expensive transportation | D．the high prices of fast food meals |
| A．Tokyo. | B．Hong Kong. | C．Moscow. | D．Sydney. |
| A．New York. | B．Los Angeles. | C．San Francisco. | D．Toronto. |
Applications for degree courses beginning this autumn were up by 15% this January, according to UCAS, the Universities and Colleges Admissions Service. A spokesman for the Royal Economic Society said applications to do economics at A-level were also up.
Professor John Beath, the president of the society and a leading lecturer at St Andrews University, said his first-year lectures-which are open to students from all departments-were drawing crowds of 400, rather than the usual 250.
“There are a large number of students who are not economics majors, who would like to learn something about it. One of the things I have done this year is to relate my teaching to contemporary events in a way that one hasn’t traditionally done.” He said.
University applications rose 7% last year, but there were rises above average in several subjects. Nursing saw a 15% jump, with people’s renewed interest in careers in the public sector(部门), which are seen as more secure in economic crisis.
A recent study showed almost two thirds of parents believed schools should do more to teach pupils about financial matters, and almost half said their children had asked them what was going on, although a minority of parents felt they did not understand it themselves well enough to explain.
Zack Hocking, the head of Child Trust Funds, said: “It’s possible that one good thing to arise from the downturn will be a generation that’s financially wiser and better equipped to manage their money through times of economic uncertainty.”
1. Professor John Beath’s lectures are_______ .
| A．given in a traditional way |
| B．connected with the present situation |
| C．open to both students and their parents |
| D．warmly received by economics |
| A．greater stability | B．higher pay |
| C．fewer applications | D．better reputation |
| 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 |
| A．wiser in money management |
| B．have access to better equipment |
| C．confident about their future careers |
| D．get jobs in Child Trust Funds |
| A．Universities have received more applications. |
| B．Economics is attracting an increasing numbers students. |
| C．College students benefit a lot from economic uncertainty. |
| D．Parents are concerned with children’s subject selection. |
