[填空题]

Disintermediation—A Remarkable Transformation

Sweden, deposit accounts and any other very liquid assets with little risk made up al most 60

[填空题]

most funds and insurance. Similar tendencies are to be difficult found in all developed economic systems, such as the European Union, the United States, Japan and other developed nations: saving has moved away from traditional bank deposits to more risky securities of one sort or another.

[填空题]

trend towards forms of saving with a higher risk which has been accentuated by new rules for

[填空题]

major part of this adjustment is that financial portfolios have gone directly to shares but not a good deal now takes the form of various kinds of institutional investment for groups of individuals,

[填空题]

percent of households’ financial wealth, compared to less than 20 percent in the 2000s. The

[填空题]

large proportion of households’ financial assets in many countries abroad. In the 1970s, in

[填空题]

this process. Statistics show that in recent decades selling shares have made up an increasingly

[填空题]

involved in saving and financing, it flows directly to the financial markets instead of being routed

[填空题]

in the stock market, either directly or through mutual funds, has been an important component of

[填空题]

via the traditional bank lending and deposit to operations. The general public interest in investing

[填空题]

The financial system in most western countries has been undergone a remarkable trans formation. One feature of this development is disintermediation. A portion of the funds

[填空题]

e. g., pension funds, mutual funds, hedge funds, insurance investment of premiums, etc. The

[简答题]

Information channeling is undergoing remarkable progress in various sectors of society in industrial activities, public services and, more recently, in daily living.
In the sector of industrial activities, automation is continuing with the aim of increasing productivity—introduction of computers for process control by the manufacturing industry, and introduction of numerically controlled machine tools, industrial robots, computer-aided design systems and, more recently, flexible manufacturing system by processing and assembling industries.
(46)Meanwhile, in offices rapid office automation is presently in progress, stimulated by the popular acceptance of computerized systems, expansion of communications networks and the remarkable technological progress achieved in related equipment such as Japanese word processors. Rapid automation and efficiency improvement are also being achieved in the sector of commodity distribution through the introduction of ad

[单项选择]The American antelope possesses remarkable powers of sight and can pinpoint potential danger at tremendous distances.（　）
A. spot
B. relay
C. attach
D. sustain

[单项选择]

What is remarkable about the cowbird
A. The cowbird builds its nest.
B. The cowbird sits on the cow.
C. The cowbird has its own chicks.
D. The cowbird builds no nest.