2023年专八英语考试中级阅读理解及答案解析.docx

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1、2023年专八英语考试中级阅读理解及答案解析 专八英语考试中级阅读理解及答案解析 当你还不能对自己说今日学到了什幺东西时，你就不要去睡觉。以下是我为大家搜寻整理的专八英语考试中级阅读理解及答案解析，盼望对正在关注的您有所关心!更多精彩内容请准时关注我们免费学习网! Passage Seventeen A Strong Stock Market The increase in the margin rate from 50% to 70% was not an attempt to stem any rampant speculation on the part of the public&md

2、ash;actually the market seemed technically quite strong, with public participation essentially dignified—but rather an attempt by the Federal Reserve Board to preserve the sound underpinnings that existed in the market.Naturally, such a move had a momentarily chilling effect upon prices but if

3、 the FRB had been preoccupied with undue speculation, the increase might have been to the 80% or even 90% level.Such an increases in the margin rate is a confirmation of a strong stock market and since 19…,such increases have resulted in interim market highs over twelve months later.Obviously

4、, there could be no guarantee that this would once again be the case, but if history is any guideline—and if business and corporate earnings were to continue on the same course—continued optimism over the outlook for the stock market would seem more prudent than pessimism. The margin inc

5、rease underscored the good rise that stocks had enjoyed for the previous year—and the fact that a 50% rate was maintained as long as it was pointed up the fact that the rise was mainly conservative in that it was concentrated in the blue chips for the most part.In past Investment Letters we ha

6、ve voiced the thought that speciality stocks could outperform the general market from this point.We continue to believe that this could be the case.For example, steel stocks tend to sell at certain fixed price/earnings ratios.Below a certain ratio they are considered good value—above a certain

7、 ratio, overpriced.If a company produces a unique product it is far more difficult for market analysis to place a numerical ratio upon the company’s earnings.We have also contended in the past Letters that the stock market reflects mass psychology as well as the business outlook.When investors

8、—both the public and the institutions—are nervous and pessimistic they definitely hesitate to buy stocks: they seek low price/earnings multiples and high yields.These same investors—when they are in an optimistic frame of mind—become for less preoccupied with yields and more

9、wiling to pay a premiumhigh p/e multiples for accelerated growth.If the public’s attitude towards the auto industry is any measure, then this period seems to have been one of optimism. 1.The title that best expresses the ideas of this passage is _ AA Time to Sell Stock. BA Strong Stock Market

10、CRaising the Margin Rate CPrice/earnings Ratio in Steel 2.When investors are pessimistic what do they do? AThey look to the FRB for help. BThey buy steel CThey buy automobile stocks. DThey look for high yields. 3.Why does the writer believe that speciality stocks could outperform the general market?

11、 ABecause analysis have difficulty in deciding upon a fixed price/earnings ratio. BBecause the activity had been limited to blue chips. CBecause the rise was conservative. DBecause of the FRB action. 4.When investors are optimistic, what do they do? AThey look for accelerated growth. BThey buy speci

12、ality stocks. CThey look for high yields. CThey are more prudent. Vocabulary 1. margin rate 保证金率，边际比率 2. rampant无约束力，猖獗的，扩散的 3. stem遏制 4. stem from滋长，源自 5. underpin 加强……基础，支持 6. underpinning支持物，基础建筑物下的 7. preoccupy先占，使用心于，吸引住 8. undue 过分的，非法的，不适当的 9. interim间歇;临时的，间歇的 10.guideline方针，指导

13、路线 11.underscore 在……下面划线，强调 12.point up 加强，强调 13.bluechip 兰筹股票 14.blue-chip兰筹的 15.outperform在使用上胜过 16.overprice将……标价过高 17.numerical ratio 数率，数字比率 18.earnings收益，利润，收入 19.contend 竞争，坚决主见，争辩 20.premium佣金，酬金 难句译注 1.The increase in the margin rate from 50% to 70% was not an at

14、tempt to stem any rampant speculation on the part of the public—actually the market seemed technically quite strong, with public participation essentially dignified—but rather an attempt by the Federal Reserve Board to preserve the sound underpinnings that existed in the market. 结构简析 是no

15、t…but句型，两个破折号中间是插入成分;中插入一个带with+N+participle 短语 参考译文 保证金率从50%增长到70%，并不是想要遏制群众方面猖獗的投机，而是联邦储备委员会想要保持现存于股市强劲基础——事实上股市由于群众特别庄严的参加——在技术上看起来相当强劲。 2.Obviously, there could be no guarantee that this would once again be the case, but if history is any guideline—and if bus

16、iness and corporate earnings were to continue on the same course—continued optimism over the outlook for the stock market would seem more prudent than pessimism. 结构简析 复合句。中间有插入语if clause, 进一步说明条件。 参考译文 明显，不行能保证这种状况再次出现状况再是这样。可是，假如历史具有指导方针的话——假如商业和公司的利润仍旧保持在同样轨道上——那么对股市前

17、景乐观好像要比悲观更精确些。 3.The margin increase underscored the good rise that stocks had enjoyed for the previous year—and the fact that a 50% rate was maintained as long as it was pointed up the fact that the rise was mainly conservative in that it was concentrated in the blue chips for the most part.

18、结构简析 这句句子内有四个that clause：第一个that是good rise的定语从句。第二个和第三个that都是the fact that句型。但第二个the fact that中，as long as it was, 指头一年，pointed up是谓语。第四个是in that连词，义：因为。 写作方法与文章大意 文章论述;强劲证券市场;的种种状况。首先是联邦储备委员会为保持强股市基础要求保证金率增长。这种增长过去，如今，将来都能稳固强市。其次由于绝大部分集中在兰筹股上，使股市看好上升趋于保守，引出行业股比一般股吃香。最终是投资者心情和股市强弱有关。 答案祥解 1.B.强劲证券市场

19、强市。见难句译注1和第一段第三句：;那种保证金率的增长有力的稳固了强劲证券市场。从19……年起，这种增长导致一年来股市屡创新高。 A.买出股票的时候。 C.提高保证金率。D.钢的市盈率。这三项都不对，它们只是文中涉及的.方面。 2.D.他查找高业绩即公司的产量或投资收益。见文章倒数第三句：;当投资者——公众和团体机构——紧急而又悲观时，他们确定在买进股票上举棋不定;他们寻求低价格/利润倍数和高额利润。 A.他们寻求联邦储备委员会的关心。B.他们买进钢材。 C.他们买进汽车股票。 3.A.因为在确定定价/利润比上难以分析

20、。见第二段第二句：;在过去的投资保证上我们始终表达了这样的思想：行业股票在使用上可能超过一般股。我们依旧信任状况可能就是这样。举例说：钢股往往在肯定价格/利润比上抛出。低于肯定比率，可认为股是好价值，而高于肯定比率就是超价。假如一个公司就生产独一无二的产品，那市场分析就很难对公司所得定出数比。; B.因为股市活动受兰筹股所限。C.因为行情上升保守。这两项见难句译注3。 D.由于联邦储备基金会的行动。 4.A.他们寻求加速的增长。见文章倒数第二句：;同样是这些股民，当投资者对股市前景持乐观看法时，他们不太关注公司的业绩产值而情愿以高价来购置具有高成长性的股票。; PREV ARTICLE2023下半年六级完形填空模拟练习NEXT ARTICLE2023年6月大学英语四级真题试题及答案word完好版