[单项选择]A trader buys (takes a long position in) a T-bill futures contract ( $1 million face value) at 98.14 and closes it out at a price of 98.27. On this contract the trader has :

[单项选择]It takes a long time to go there by train. It's ______ by road.
A. quick
B. the quickest
C. much quick
D. quicker

[单项选择]A trader is long four July gold futures contracts, each with a contract size of 300 oz. If the price of July gold increases from $380.20 to $381.00 per ounce the change in the margin balance will be :

[单项选择]An investor taking a long position in commodity futures while simultaneously investing in government securities has created a:（）
A. Collateralized Commodity future position.
B. Commodity-linked equity.
C. Managed Commodity future portfolio.

[单项选择]An investor buys a stock at $90 and also buys a put option on the stock with a put price of $4 and having an exercise price of $80. At expiration of the put option, the stock price has fallen to $60. The loss for the investor's position would be :

[单项选择]A printer takes a long time to print high-end graphics.  Which of the following would be the FIRST action to take？（）
A. Recommend the use of smaller graphics.
B. Replace the toner cartridge.
C. Recommend connecting fewer users to the printer.
D. Check the amount of memory installed.

[单项选择]She always buys （） my birthday.
A. something awful to
B. anything awful to
C. something nice for
D. anything nice for

[单项选择]She seldom buys clothing for herself,（）
A. don't she
B. doesn't she
C. do she
D. does she

[单项选择]

Passage Four
Almost every family buys at least one copy of a newspaper every day, Some people subscribe to as many as two or three different newspapers. But why do people read newspapers
Five hundred years ago, news of important happenings--battles lost and won, kings or rulers overthrown or killed--took months and even years to travel from one country to another. The news passed by word of mouth and was never accurate. Today we can read in our newspapers of important e vents that occur in faraway countries on the same day they happen.
Apart from supplying news from all over the world, newspapers give us a lot of other useful in formation. There are weather reports, radio, television and film guides, book reviews, stories, and, of course, advertisements. There are all sorts of advertisements. The bigger ones are put in by large companies to bring attention to their products. They pay the newspapers thousands of dollars for their advertising space, b
A. Five hundred years ago news did not take a long time to reach other countries.
B. Large companies put big advertisements in the newspapers to make their products known.
C. The news that we need in Our newspapers is up-to-date.
D. Though the newspapers are sold at a low price, their owners still gain profit.

[单项选择]

Passage Four Almost every family buys at least one copy of a newspaper every day, Some people subscribe to as many as two or three different newspapers. But why do people read newspapers Five hundred years ago, news of important happenings--battles lost and won, kings or rulers overthrown or killed--took months and even years to travel from one country to another. The news passed by word of mouth and was never accurate. Today we can read in our newspapers of important e vents that occur in faraway countries on the same day they happen. Apart from supplying news from all over the world, newspapers give us a lot of other useful in formation. There are weather reports, radio, television and film guides, book reviews, stories, and, of course, advertisements. There are all sorts of advertisements. The bigger ones are put in by large companies to bring attention to their products. They pay the newspapers thousands of dollars for their advertising space, but it is worth the money
A. sent by telegraph
B. sent by letter
C. passed from one person to another
D. sent by telephone

[单项选择]Jane buys all the fashion magazines, and she always tries to dress in ______ with the latest style.


A. confirmation
B. proposal
C. conformity
D. variation