英语四级模拟考试系统 四级模拟五.doc

英语四级模拟考试系统 四级模拟五 导读：就爱阅读网友为您分享以下“四级模拟五”资讯，希望对您有所帮助，感谢您对92的支持! Model Test 5 Part I Writing Directions: For this part, you are allowed 30 minutes to write a composition on the topic: Living on the campus or off the campus? You should write at least 120 words following the instructions given below in Chinese: 国外很多大学生都选择在校外租房，但也有很多学生还是愿意住在校园内。假设你是一个留学生，谈谈你的选择和原因。 Part II Reading Comprehension (Skimming and Scanning) Directions: In this part, you will have 15 minutes to go over the passage quickly and answer the questions on Answer sheet1. Bears in the Woods Despite the troubled markets, the world economy is still relatively strong. Just don’t bet your house on it. The woods and the market If you meet a bear in the woods, try not to panic or scream; on no account should you turn your back and run. As markets around the world have turned grizzly over the past two weeks, some investors seem to have forgotten the old hikers’ maxim. After three years of big gains, many stockmarkets have dropped by 10% or more in less than ten days. The loudest complaints have echoed around emerging markets and commodities. Europe has surrendered most of this year’s gains. Americans have so far escaped lightly, but they would be unwise to take comfort. Their housing market, the recent rock of their economy, is where a much grizzlier creature lies in wait. Most investors tend to look first at equity markets---and they have certainly had a good run virtually everywhere. Yet a repeat of the slump after the bursting of the dotcom bubble in 2001--4)2 remains highly unlikely. In 2000 shares were wildly overvalued. Today price/earnings ratios in most stockmarkets are near, if not below, their long-term averages. This suggests that the slide in shares could be short-lived. Inflation or interest rates? So what has caused this burst of volatility? One popular explanation points to the fears of rising inflation and hence higher interest rates. Yet this sits oddly with the decrease in bond yields