[单项选择]Assume the economy is undergoing a recession. In its efforts to stimulate the economy by trying to influence short-term interest rates the Fed is most likely to take which two actions（）
A. Sell Treasury securities and increase bank reserve requirements.
B. Buy Treasury securities and decrease bank reserve requirements.
C. Buy Treasury securities and increase bank reserve requirements.

[单项选择]Assume an economy is operating at full employment and that the central bank announces a decrease in the growth rate of the money supply to reduce inflation, which market participants do not believe is credible. In the short run, are the directions of the impacts on employment and inflation the same or different, and in the long run, are the directions of the impacts on employment and inflation the same or different Short run: Long run: Employment and inflation effects Employment and inflation effects（）①A. Same Same ②B. Same Different ③C. Different Same
A. ①
B. ②
C. ③

[填空题]A—planned economy I—seller’s market
B—market economy J—buyer’s market
C—World Trade Organization K—International Business Law
D—sales promotion L—economic recovery
E—negative trade balance M—international settlement
F—retailing and wholesaling N—way of payment
G—inflation O—way of settlement
H—favorable trade balance P—economic crisis

______通货膨胀 ______促销

[填空题]An important factor in a market-oriented economy is the mechanism of which consumer demands can be expressed and responded to by producers.

[填空题]China’s entering into WTO will throw its economy into disorder temporarily.

[填空题]

A-planned economy I-seller’s market
B-market economy J-buyer’s market
C-World Trade Organization K-International Business Law
D-sales promotion L-economic recovery
E-negative trade balance M-international settlement
F-retailing and wholesaling N-way of payment
G-inflation O-way of settlement
H-favorable trade balance P-economic crisis

（）通货膨胀（）促销

[单项选择]What does the man assume when the woman says she is not going
A. She’ s too busy to go.
B. She has no money left.
C. She isn’ t feeling well.
D. She doesn’ t like football.

[简答题]destination economy

[简答题]hypothetical economy

[填空题]People often assume that a decision is fin______(isolate)phenomenon．

[简答题]{{I}}With the globalization of the economy, Chinese job market was no longer dominated by the native. In a sense, the competition becomes fierce. Write an essay to point out: 1) the present situation and 2) how college students should prepare themselves for the situation. You should write 160-200 words’ on ANSWER SHEET2.{{/I}}