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Oil and Economy
Could the bad old days of economic decline be about to return? Since OPEC agreed to supply cuts in March, the price of crude oil has jumped to almost $ 26 a barrel, up from less than $10 last December. This near,tripling of oil prices calls up scary memories of the 1973 oil shock, when prices quadrupled, and 1979-1980, when they also almost tripled. Both previous shocks resulted in double-digit inflation and global economic decline. So where are the headlines warning of gloom and doom this time?
The oil price was given another push up this week when Iraq suspended oil exports. Strengthening economic growth, at the same time as winter grips the northern hemisphere, could push the price higher still in the short term.
Yet there are good reasons to expect the economic consequences now to be less severe than in the 1970s. In most countries the cost of crude oil now accounts for a smaller share of the price of petrol than it did in the 1970s. In Europe, taxes account for up to four-fifths of the retail price, so even quite big changes in the price of crude have a more muted effect on pump prices than in the past.
Rich economies are also less dependent on oil than they were, and so less sensitive to swings in the oil price. Energy conservation, a shift to other fuels and a decline in the importance of heavy, energy-intensive industries have reduced oil consumption. Software, consuhancy and mobile telephones use far less oil than steel or car production. For each dollar of GDP (inconstant prices) rich economies now use nearly 50% less oil than in 1973. The OECD estimates in its latest Economic Outlook that, if oil prices averaged $ 22 a barrel for a full year, compared with $13 in 1998, this would increase the oil import bill in rich economies by only 0.25-0.5% of GDP. That is less than one-quarter of the income loss in 1974 or 1980. On the other hand, oil-importing emerging economies-to which heavy industry has shifted—have become more energy-intensive, and so could be more seriously squeezed.
One more reason not to lose sleep over the rise in oil prices is that, unlike the rises in the 1970s, it has not occurred against the background of general commodity-price inflation and global excess demand. A sizable portion of the world is only just emerging from economic decline. The Economist's commodity price index is broadly unchanging from a year ago. In 1973 commodity prices jumped by 70%, and in 1979 by almost 30%.
The main reason for the latest rise of oil price is______.

A. global inflation
B. reduction in supply
C. fast growth in economy
D. Iraq's suspension of exports

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Which of the following statements best expresses the author's attitude about suicide among

A. It is completely preventable.
B. It is to a large degree preventable.
C. A college's role in detection of it should be minimal.
D. A college's role in prevention of it will require a vast commitment of resources.

Some sleep drugs do more than make you sleep
The United States Food and Drug Administration (美国食品及药品管理局) has ordered companies to place strong new warnings on thirteen drugs that treat sleep disorders. It also ordered the makers of the sleeping pills to provide information for patients explaining how to safely use the drugs.
Last Wednesday, the FDA announced that some of these drugs can have unexpected and dangerous effects. These include the risk of life-threatening allergic (过敏性的) reactions. They also include rare incidents of strange behavior. These include people cooking food, eating and even driving while asleep. The patients later had no memory of doing these activities while asleep.
Last year, a member of the United States Congress said he had a sleep-driving incident. Patrick Kennedy, a representative from Rhode Island, crashed his car into a security barrier near the building where lawmakers meet. The accident happened in the middle of the night and no one was hurt. Mr. Kennedy said he had earlier taken a sleep medicine. He said he was also being treated with a stomach sickness drug that can cause sleepiness.
The Food and Drug Administration did not say in its announcement how many cases of sleep driving it has documented. However, the New York Times reported last year about people who said they had strange sleep events after taking the drug Ambien. Some reported sleep-driving and sleepwalking. Others said they found evidence after waking in the morning that they had cooked food or eaten in their sleep. But they had no memory of carrying out the activities.
A Food and Drug Administration official says that these serious side effects of sleep disorder drugs appear to be rare. But, he also said there are probably more cases than are reported. He said the agency believes the risk of such behaviors could be reduced if people take the drugs as directed and do not drink alcohol while taking the drugs. The Food and Drug Administration has advised drug companies to carry out studies to investigate the problem.
There are altogether 13 drugs treating sleep disorders in the United States.

A. Right
B. Wrong
C. Not mentioned

To be functional, a crisis center must

A. be centrally located and open all night..
B. offer educational programs.
C. use peers as counselors as well as have professional available.
D. be accessible 24 hours a day and offer professional guidance.

The history of global diversity can be summarized as follows: after the initial flowering of multi-cellular animals, there was a swift rise in the number of species in early Paleozoic times (between 600 and 430 million years ago), then plate-alike stagnation for the remaining 200 million years of the Paleozoic era, and finally a slow but steady climb through the Mesozoic and Cenozoic eras to diversity's all-time high. This history suggests that biological diversity was hard won and a long time in coming. Furthermore, this pattern of increase was set back by five massive extinction episodes. The most recent of these, during the Cretaceous period, is by far the most famous, because it ended the age of the dinosaurs, giving hegemony to the mammals, thus ultimately making possible the dominance of the human species over the Earth. But the Cretaceous crisis was minor compared with the Permian extinctions 240 million years ago, during which between 77 and 96 percent of marine animal species perished. It took five million years, well into Mesozoic times, for species diversity to begin a significant recovery.
Within the past 10,000 years biological diversity has entered a wholly new era. Human activity has had a devastating effect on species diversity, and the rate of human-induced extinctions is accelerating. Half of the bird species of Polynesia have been eliminated through hunting and the destruction of native forests. The list of such biogeographic disasters is extensive.
Because every species is unique and irreplaceable, the loss of biodiversity is the most profound process of environmental change. Its consequences are also the least predictable because the value of the Earth's species remains largely unstudied and unappreciated; unlike material and cultural wealth, which we understand because they are the substance of our everyday lives, biological wealth is usually taken for granted. This is a serious strategic error, one that will be increasingly regretted as time passes.
Which one of the following best expresses the main idea of the passage?

A. The reduction in biodiversity represents a setback both for science and for society as a whole.
B. The material and cultural wealth Of a nation are insignificant when compared with the country's biological wealth.
C. The human species is in the process of initiating an unprecedented massive extinction episode.
D. The current decline in species diversity has potentially grave consequences for the human species.

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