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A) affected B) respected C) protected D) connected
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Text 4
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 -80, when they also almost tri- pled. Both previous shocks resulted in double - digit inflation and global economic decline. So there are the headlines warning of gloom and doom this time？
The oil price was given another push up this week when Iraq suspended oil experts. Strengthening economic growth, al the' same time as winter grips the northern hemisphere, could push the price higher still in the short Item.
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, tuxes 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, consultancy and mobile telephones use far less oil than steel or car production. For each dollar of GDP (in constant prices) rich economies now use nearly 50% less oil than in 1973. The OECD estimates in its latest Economic Outlook that, 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 se could he more seriously squeezed.
One more reason net 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%.
36. The main reason for the latest rise of oil price is______.
A) number B) figure C) share D) proportion
In the author's opinion, a divorce is not an evil act ______.
Text 2
You' re busy filling out the application form. for a position you really need; let' s assume you once actually completed a couple of years of college work or even that you completed your degree.
Isn't it tempting to lie just a little, to claim on the form. that your diploma represents a Harvard degree？ Or that you finished an extra couple of years back at State University？ More and more people are turning to utter deception like this to land their job or to move ahead in their careers, for personnel officers, like most Americans, value degrees from famous schools. A job applicant may have a good education anyway, but he or she assumes that chances of being hired are better with a diploma from a well - known university. Registrars at most well - known colleges say they deal with deceitful claims like these at the rate of about one per week.
Personnel officers do check up on degrees listed on application forms, then, if it turns out that an applicant is lying, most colleges are reluctant to accuse the applicant directly. One Ivy League school calls them "impostors"; another refers to them as "special cases" one well -known West Coast school, in perhaps the most delicate phrase of all, says that these claims are made by "no such people."
To avoid outright lies, some job -seekers claim that they "attended" or "were associated with" a college or university. After carefully checking, a personnel officer may discover that "attending" means being dismissed after one semester. It may be that "being associated with" a college means that the job seeker visited his younger brother for a football weekend. One school that keeps records of false claims says that the practice dates back at least to the turn of the century—that' s when they began keeping records, anyhow.
If you don' t want to lie or even stretch the truth, there are companies that will sell you a phony diploma. One company, with offices in New York and on the West Coast, will put your name on a diploma from any number of nonexistent colleges. The price begins at around twenty dollars for a diploma from "Smoot State University." The prices increase rapidly for a degree from the "University of Purdue." As there is no Smoot State and the real school in Indiana is properly called Purdue University, the prices seem rather high for one sheet of paper.
26. The main idea of this passage is that ______.
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