In October 2002, Goldman Sachs and Deutsche Bank (1) a new electronic market (www. gs. com/econderivs) for economic indices that (2) substantial economic risks, such as nonfarm payroll (a measure of job availability) and retail sales. This new market was made possible by a (3) trading technology, developed by Longitude, a New York company providing software for financial markets, (4) the Parimutuel Digital Call Auction. This is "digital" (5) of a digital option ie, it pays out only if an underlying index lies in a narrow, discrete range. In effect, Longitude has created a horse race, where each "horse" wins if and (6) the specified index falls in a specified range. By creating horses for every possible (7) of the index, and allowing people to bet (8) any number of runners, the company has produced a liquid integrated electronic market for a wide array of options on economic indices.
Ten years ago it was (9) impossible to make use of electronic information about home values. Now, mortgage lenders have online automated valuation models that allow them to estimate values and to (10) the risk in their portfolios. This has led to a proliferation of types of home loan, some of (11) have improved risk-management characteristics.
We are also beginning to see new kinds of (12) for homes, which will make it possible to protect the value of (13) , for most people, is the single most important (14) of their wealth. The Yale University-Neighbourhood Reinvestment Corporation programme, (15) last year in the city of Syracuse, in New York State, may be a model for home-equity insurance policies that (16) sophisticated economic indices of house prices to define the (17) of the policy. Electronic futures markets that are based on econometric indices of house prices by city, already begun by City Index and IG Index in Britain and now (18) developed in the United States, will enable home-equity insurers to hedge the risks that they acquire by writing these policies.
These examples are not impressive successes yet. But they (19) as early precursors of a technology that should one day help us to deal with the massive risks of inequality that (20) will beset us in coming years.
A:assume B:assess C:dismiss D:erase
When lab rats sleep, their brains revisit the maze they navigated during the day, according to a new study (1) yesterday, offering some of the strongest evidence (2) that animals do indeed dream. Experiments with sleeping rats found that cells in the animals’ brains fire in a distinctive pat tern (3) the pattern that occurs when they are (4) and trying to learn their way around a maze.
Based on the results, the researchers concluded the rats were dreaming about the maze, (5) re viewing what they had learned while awake to (6) the memories.
Researchers have long known that animals go (7) the same types of sleep phases that people do, including rapid-eye-movement (REM) sleep, which is when people dream. But (8) the occasional twitching, growling or barking that any dog owner has (9) in his or her sleeping pet, there’s been (10) direct evidence that animals (11) . If animals dream, it suggests they might have more (12) mental functions than had been (13) .
"We have as humans felt that this (14) of memory—our ability to recall sequences of experiences—was something that was (15) human," Wilson said. "The fact that we see this in rodents (16) suggest they can evaluate their experience in a significant way. Animals may be (17) about more than we had previously considered."
The findings also provide new support for a leading theory for (18) humans sleep—to solidify new learning. "People are now really nailing down the fact that the brain during sleep is (19) its activity at least for the time immediately before sleep and almost undoubtedly using that review to (20) or integrate those memories into more usable forms," said an assistant professor of psychiatry at Harvard Medical School.
A:erase B:consolidate C:discipline D:improve
In October 2002, Goldman Sachs and Deutsche Bank (1) a new electronic market (www. gs. com/econderivs) for economic indices that (2) substantial economic risks, such as nonfarm payroll (a measure of job availability) and retail sales. This new market was made possible by a (3) trading technology, developed by Longitude, a New York company providing software for financial markets, (4) the Parimutuel Digital Call Auction. This is "digital" (5) of a digital option: ie, it pays out only if an underlying index lies in a narrow, discrete range. In effect, Longitude has created a horse race, where each "horse" wins if and (6) the specified index falls in a specified range. By creating horses for every possible (7) of the index, and allowing people to bet (8) any number of runners, the company has produced a liquid integrated electronic market for a wide array of options on economic indices.
Ten years ago it was (9) impossible to make use of electronic information about home values. Now, mortgage lenders have online automated valuation models that allow them to estimate values and to (10) the risk in their portfolios. This has led to a proliferation of types of home loan, some of (11) have improved risk-management characteristics.
We are also beginning to see new kinds of (12) for homes, which will make it possible to protect the value of (13) , for most people, is the single most important (14) of their wealth. The Yale University-Neighbourhood Reinvestment Corporation programme, (15) last year in the city of Syracuse, in New York State, may be a model for home-equity insurance policies that (16) sophisticated economic indices of house prices to define the (17) of the policy. Electronic futures markets that are based on econometric indices of house prices by city, already begun by City Index and IG Index in Britain and now (18) developed in the United States, will enable home-equity insurers to hedge the risks that they acquire by writing these policies.
These examples are not impressive successes yet. But they (19) as early precursors of a technology that should one day help us to deal with the massive risks of inequality that (20) will beset us in coming years.
A:assume B:assess C:dismiss D:erase
When lab rats sleep, their brains revisit the maze they navigated during the day, according to a new study (1) yesterday, offering some of the strongest evidence (2) that animals do indeed dream. Experiments with sleeping rats found that cells in the animals’ brains fire in a distinctive pattern (3) the pattern that occurs when they are (4) and trying to learn their way around a maze.
Based on the results, the researchers concluded the rats were dreaming about the maze, (5) reviewing what they had learned while awake to (6) the memories.
Researchers have long known that animals go (7) the same types of sleep phases that people do, including rapid-eye-movement (REM) sleep, which is when people dream. But (8) the occasional twitching, growling or barking that any dog owner has (9) in his or her sleeping pet, there’s been (10) direct evidence that animals (11) . If animals dream, it suggests they might have more (12) mental functions than had been (13) .
"We have as humans felt that this (14) of memory—our ability to recall sequences of experiences—was something that was (15) human," Wilson said. "The fact that we see this in rodents (16) suggest they can evaluate their experience in a significant way. Animals may be (17) about more than we had previously considered."
The findings also provide new support for a leading theory for (18) humans sleep—to solidify new learning. "People are now really nailing down the fact that the brain during sleep is (19) its activity at least for the time immediately before sleep and almost undoubtedly using that review to (20) or integrate those memories into more usable forms," said an assistant professor of psychiatry at Harvard Medical School.
A:erase B:consolidate C:discipline D:improve
In October 2002, Goldman Sachs and Deutsche Bank (1) a new electronic market (www. gs. com/econderivs) for economic indices that (2) substantial economic risks, such as nonfarm payroll (a measure of job availability) and retail sales. This new market was made possible by a (3) trading technology, developed by Longitude, a New York company providing software for financial markets, (4) the Parimutuel Digital Call Auction. This is "digital" (5) of a digital option ie, it pays out only if an underlying index lies in a narrow, discrete range. In effect, Longitude has created a horse race, where each "horse" wins if and (6) the specified index falls in a specified range. By creating horses for every possible (7) of the index, and allowing people to bet (8) any number of runners, the company has produced a liquid integrated electronic market for a wide array of options on economic indices.
Ten years ago it was (9) impossible to make use of electronic information about home values. Now, mortgage lenders have online automated valuation models that allow them to estimate values and to (10) the risk in their portfolios. This has led to a proliferation of types of home loan, some of (11) have improved risk-management characteristics.
We are also beginning to see new kinds of (12) for homes, which will make it possible to protect the value of (13) , for most people, is the single most important (14) of their wealth. The Yale University-Neighbourhood Reinvestment Corporation programme, (15) last year in the city of Syracuse, in New York State, may be a model for home-equity insurance policies that (16) sophisticated economic indices of house prices to define the (17) of the policy. Electronic futures markets that are based on econometric indices of house prices by city, already begun by City Index and IG Index in Britain and now (18) developed in the United States, will enable home-equity insurers to hedge the risks that they acquire by writing these policies.
These examples are not impressive successes yet. But they (19) as early precursors of a technology that should one day help us to deal with the massive risks of inequality that (20) will beset us in coming years.
A:assume B:assess C:dismiss D:erase
In October 2002, Goldman Sachs and Deutsche Bank (1) a new electronic market (www.gs.com/econderivs/) for economic indices that (2) substantial economic risks, such as nonfarm payroll ( a measure of job availability) and retail sales. This new market was made possible by a (3) rating technology, developed by Longitude, a New York company providing software for financial markets, (4) the Parimutuel Digital Call Auction. This is "digital" (5) of a digital option : ie, it pays out only if an underlying index lies in a narrow, discrete range. In effect, Longitude has created a horse race, where each "horse" wins if and (6) the specified index falls in a specified range. By creating horses for every possible (7) of the index, and allowing people to bet (8) any number of runners, the company has produced a liquid integrated electronic market for a wide array of options on economic indices.
Ten years ago it was (9) impossible to make use of electronic information about home values. Now, mortgage lenders have online automated valuation models that allow them to estimate values and to (10) the risk in their portfolios. This has led to a proliferation of types of home loan, some of (11) have improved risk-management characteristics.
We are also beginning to see new kinds of (12) for homes, which will make it possible to protect the value of (13) ,for most people, is the single most important (14) of their wealth. The Yale University-Neighbourhood Reinvestment Corporation programme, (15) last year in the city of Syracuse, in New York state, may be a model for home-equity insurance policies that (16) sophisticated economic indices of house prices to define the (17) of the policy. Electronic futures markets that are based on econometric indices of house prices by city, already begun by City Index and IG Index in Britain and now (18) developed in the United States, will enable home-equity insurers to hedge the risks that they acquire by writing these policies.
These examples are not impressive successes yet. But they (19) as early precursors of a technology that should one day help us to deal with the massive risks of inequality that (20) will beset us in coming years.
A:assume B:assess C:dismiss D:erase
In October 2002, Goldman Sachs and Deutsche Bank (1) a new electronic market (www. gs. com/econderivs) for economic indices that (2) substantial economic risks, such as nonfarm payroll (a measure of job availability) and retail sales. This new market was made possible by a (3) trading technology, developed by Longitude, a New York company providing software for financial markets, (4) the Parimutuel Digital Call Auction. This is "digital" (5) of a digital option: ie, it pays out only if an underlying index lies in a narrow, discrete range. In effect, Longitude has created a horse race, where each "horse" wins if and (6) the specified index falls in a specified range. By creating horses for every possible (7) of the index, and allowing people to bet (8) any number of runners, the company has produced a liquid integrated electronic market for a wide array of options on economic indices.
Ten years ago it was (9) impossible to make use of electronic information about home values. Now, mortgage lenders have online automated valuation models that allow them to estimate values and to (10) the risk in their portfolios. This has led to a proliferation of types of home loan, some of (11) have improved risk-management characteristics.
We are also beginning to see new kinds of (12) for homes, which will make it possible to protect the value of (13) , for most people, is the single most important (14) of their wealth. The Yale University-Neighbourhood Reinvestment Corporation programme, (15) last year in the city of Syracuse, in New York State, may be a model for home-equity insurance policies that (16) sophisticated economic indices of house prices to define the (17) of the policy. Electronic futures markets that are based on econometric indices of house prices by city, already begun by City Index and IG Index in Britain and now (18) developed in the United States, will enable home-equity insurers to hedge the risks that they acquire by writing these policies.
These examples are not impressive successes yet. But they (19) as early precursors of a technology that should one day help us to deal with the massive risks of inequality that (20) will beset us in coming years.
A:assume B:assess C:dismiss D:erase
Section Ⅰ Use of English Directions: Read the following text. Choose the best word (s) for each numbered blank and mark A, B, C or D on Answer Sheet 1. In October 2002, Goldman Sachs and Deutsche Bank (1) a new electronic market (www. gs. com/econderivs) for economic indices that (2) substantial economic risks, such as nonfarm payroll (a measure of job availability) and retail sales. This new market was made possible by a (3) trading technology, developed by Longitude, a New York company providing software for financial markets, (4) the Parimutuel Digital Call Auction. This is "digital" (5) of a digital option ie, it pays out only if an underlying index lies in a narrow, discrete range. In effect, Longitude has created a horse race, where each "horse" wins if and (6) the specified index falls in a specified range. By creating horses for every possible (7) of the index, and allowing people to bet (8) any number of runners, the company has produced a liquid integrated electronic market for a wide array of options on economic indices. Ten years ago it was (9) impossible to make use of electronic information about home values. Now, mortgage lenders have online automated valuation models that allow them to estimate values and to (10) the risk in their portfolios. This has led to a proliferation of types of home loan, some of (11) have improved risk-management characteristics. We are also beginning to see new kinds of (12) for homes, which will make it possible to protect the value of (13) , for most people, is the single most important (14) of their wealth. The Yale University-Neighbourhood Reinvestment Corporation programme, (15) last year in the city of Syracuse, in New York State, may be a model for home-equity insurance policies that (16) sophisticated economic indices of house prices to define the (17) of the policy. Electronic futures markets that are based on econometric indices of house prices by city, already begun by City Index and IG Index in Britain and now (18) developed in the United States, will enable home-equity insurers to hedge the risks that they acquire by writing these policies. These examples are not impressive successes yet. But they (19) as early precursors of a technology that should one day help us to deal with the massive risks of inequality that (20) will beset us in coming years.
Read the following text. Choose the best word (s) for each numbered blank and mark A, B, C or D on ANSWER SHEET 1.5()A:assume B:assess C:dismiss D:erase
您可能感兴趣的题目