A financial market may be thought of as ordinary market in which traders may buy or sell particular financial commodities.A．RightB．WrongC．Doesn't say
题目
A financial market may be thought of as ordinary market in which traders may buy or sell particular financial commodities.
A．Right
B．Wrong
C．Doesn't say
相似考题
更多“A financial market may be thought of as ordinary market in which traders may buy or sell particular financial commodities.A．RightB．WrongC．Doesn't say”相关问题
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第1题：
(b) Using the unit cost information available and your calculations in (a), prepare a financial analysis of the
decision strategy which TOC may implement with regard to the manufacture of each product. (6 marks)
正确答案：
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第2题：
It can be inferred from the last paragraph that
A．financial risks tend to outweigh political risks.
B．the middle class may face greater political challenges.
C．financial problems may bring about political problems.
D．financial responsibility is an indicator of political status.
正确答案：C
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第3题：
The reason why the market for large CDs has been active since 1961 may be that the yield is usually higher than Treasury bills.
A．Right
B．Wrong
C．Doesn't say
正确答案：A
解析：文章最后一段提到The yield on 3-month CDs is usually higher than 3-month Treasury bills…This may explain the extent of the spread。 -
第4题：
Luckin Coffee was facing charges of financial misconduct of offering dramatic discounts and vouchers to occupy the market.()此题为判断题(对，错)。
参考答案：错
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第5题：
A market may also be virtual, which is connected by phones on Internet.
A．Right
B．Wrong
C．Doesn't say
正确答案：A
解析：第一段第四句指出A market may be organized over wide areas connected through phones or computer terminals，通过电话和电脑终端方式运行的市场就是虚拟(virtual)市场。 -
第6题：
If the market price of the financial instrument concerned should be higher on the delivery date than the price agreed in the financial future contract ______ will make a profit.
A．the seller
B．the buyer
C．the broker
D．the dealer
正确答案：B
解析：第一段第二句Under such a contract, if the market price…the buyer can obtain a price or yield which is settled at the time the contract is agreed，意指在交易日，如果金融工具的市场价格高于合同约定价格，或者说市场收益率低于合同收益率，卖方有义务弥补差价，买方则获得在合约中约定好的价格或收益。南此可见，买方受益。或者可以根据后面举的情况相反例子，反过来推断出买方受益。 -
第7题：
There's been a steady drumbeat of warmings about a surge in risky corporate borrowing-but not much clarity serious the threat is. At issue is the more than S1 million market in leveraged loans. That's Wall Street jargon for loans to business with less than rook-solid finances, Federal Reserve and European Central Hank officials have drawn to the rise in corporate debt and the deterioration or lending standards. The loans are often bundled into securities ollateralized loan obligations (CLOs).
Most of the watchdogs are carceful to say a repeat of the 2007-2008 crisis is unlikely because most of the debt banks. But that creates another problem Regulators focused on banks are largely in the dark when it comes to where the risks he and how they might ripple through the financial system when the economy turns down. A big over-indebted businesses could face severe stress and, in some cases, insolvency, threatening jobs and deepen downturn.
The mechanics of the leveraged loan market will be familiar to students of the housing crisis.
With interesting investors are willing to take greater risks to get higher yields. That makes lots of money available for lending. we makes it easier for less creditworthy companies to borrow .Rather than keep the risky loans on their books, lender them to asset managers that package them into securities -C1Ds-that are sold to investors such as insurers and hedge funds.
Yields on the riskicst portions of CLOs can approach 9% a year. And the growth of leveraged lending has been post crisis bank regulations that helped the rise or shadow lenders financial companics that aren't regulated like market for levcraged loans has more than doubled since 2012.
The risk taking could get worse: With demand by borrowers for levcraged loans declining this year, those still financing have been able to extract looser learns.
About 85% of leveraged loans are held by nonbanks, according to Wells Fargo rescarch.
But banks may play a larger robe than may assumc, according to Gaurav V asisht, drector for financial regulation at the Volcker Alliance, a good-governance group, Banks are involved in all stages of the process. They underwrite loans, sell them to the CLOs, invest in those securities, and then hedge those risks in the market.“One common narrative is that banks don't have much risk or aren't exposed 1o it. Vasisht said at the hearing, "Banks are exposed to it."
Just beeause banks are safer doesn't necessarily mean the financial system is, says Karen Petron, managing partner at Federal Financial Analytics, a regulatory- analysis firm. Debt investors might not be as resilient in a crisis, and their problems could create shock waves. "Banking regulators are being a htte myopic when they 're looking only at the banking system for systemic risk," she says.- Sally Bakewell and Thomas Beardsworth.
According to the article, which of the following statements is true?( d )A. The mechanics of leveraged loans are different from that of housing crisis.
B. regulators admit that the financial crisis in 2008 might repeat.
C. shadow lenders will be regulated.
D. banks are not immune from the risks of corporate debt.答案：D解析：文章第三段提到它与住房贷款危机极为相似，第二段开头指出多数监管机构表示，由于大多数债务银行的存在，不太可能重演2007-2008年的危机，第四段最后部分指出该法规帮助那些影子贷方自2012年以来增长了一倍以上，因此排除ABC。文章倒数第二段中提到，有说法认为银行并未存在风险，但其实不然，所以答案选D，银行也并不能免疫。 -
第8题：
资料：New York and London may rule the roost, but other financial hubs in America and Europe have managed to carve out useful specialist niches for themselves. Chicago, for instance, has consolidated its position as the world’s derivatives center, and Houston, the largest city in Texas, is home to America’s biggest energy firms and has spawned an active cluster of energy traders and hedge funds.
Europe has also developed a diverse set of financial centers ranging from big cities to island havens such as Jersey and to niche markets such as Luxembourg and Dublin. Edinburg, an established banking center, is now touting itself as a low-cost alternative for financial operations. Among the larger hubs, Frankfurt is an important center for banking and derivatives trading through Eurex, a German-Swiss exchange, with significantly lower costs than London.
Switzerland’s twin financial centers, Geneva and Zurich, have done well in their specialists of private banking, wealth management and insurance. The main attractions are low taxes, political stability and a reputation for discretion. Urs Roth from the Swiss Bankers Association says, however, that given its tiny domestic market, Switzerland has had to fight for open markets on an international scale.
Paris has long lagged far behind London, dogged by a reputation for excessive regulation and high taxes. The new government is aware that some of France’s best financial brains have crossed the Channel for more lucrative careers in London. Yet Paris has many advantages: a large number of international banks; more international companies than Frankfurt; and easy access to regulators. It has the largest market in Europe for trading in mutual funds. Few would dispute that Paris offers an attractive quality of life and has good transport links. What makes Paris a place to watch just now is the NYSE’s recent merger with Euronext. The combined group will base its international equities business in the French capital. Euronext, which operates exchanges in five European countries, also illustrates the importance of a common language.
Financial executives around the world increasingly view Europe as a single market. Soon a new European rule called MiFID （Markets in Financial Instrument Directive） is due to be implemented. It aims to increase competition among and transparency within financial markets. Financiers in other parts of the world are wondering how to achieve a similar degree of cross-border financial integration.
Which of the following is NOT true about Paris, according to the passage?A.Merger of NYSE with Euronext makes it the biggest financial center in Europe.
B.The excessive regulation and high taxes have affected its financial development.
C.Paris has many advantages that may help in its future financial development.
D.Paris offers good quality of life as well as good transport links.答案：A解析：本题考查的是细节理解和同义转换。
【关键词】not true;Paris
【主题句】 第4自然段 Paris has long lagged far behind London,dogged by a reputation for excessive regulation and high taxes.Yet Paris has many advantages:a large number of international banks;more international companies than Frankfurt;and easy access to regulators.It has the largest market in Europe for trading in mutual funds.Few would dispute that Paris offers an attractive quality of life and has good transport links.长期以来，巴黎一直落后于伦敦，因其过度监管和高税收而闻名。然而，巴黎有许多优势：大量的国际银行；比法兰克福更多的国际公司；易于接近监管机构。它拥有欧洲最大的共同基金交易市场。很少有人会质疑，巴黎的生活质量有吸引力，交通也很好。
【解析】本题的问题是“根据文章，以下关于巴黎的说法哪一项是不正确的？”。根据主题句可知，B、C、D均正确，故选A。
本题为选非题， -
第9题：
资料：New York and London may rule the roost, but other financial hubs in America and Europe have managed to carve out useful specialist niches for themselves. Chicago, for instance, has consolidated its position as the world’s derivatives center, and Houston, the largest city in Texas, is home to America’s biggest energy firms and has spawned an active cluster of energy traders and hedge funds.
Europe has also developed a diverse set of financial centers ranging from big cities to island havens such as Jersey and to niche markets such as Luxembourg and Dublin. Edinburg, an established banking center, is now touting itself as a low-cost alternative for financial operations. Among the larger hubs, Frankfurt is an important center for banking and derivatives trading through Eurex, a German-Swiss exchange, with significantly lower costs than London.
Switzerland’s twin financial centers, Geneva and Zurich, have done well in their specialists of private banking, wealth management and insurance. The main attractions are low taxes, political stability and a reputation for discretion. Urs Roth from the Swiss Bankers Association says, however, that given its tiny domestic market, Switzerland has had to fight for open markets on an international scale.
Paris has long lagged far behind London, dogged by a reputation for excessive regulation and high taxes. The new government is aware that some of France’s best financial brains have crossed the Channel for more lucrative careers in London. Yet Paris has many advantages: a large number of international banks; more international companies than Frankfurt; and easy access to regulators. It has the largest market in Europe for trading in mutual funds. Few would dispute that Paris offers an attractive quality of life and has good transport links. What makes Paris a place to watch just now is the NYSE’s recent merger with Euronext. The combined group will base its international equities business in the French capital. Euronext, which operates exchanges in five European countries, also illustrates the importance of a common language.
Financial executives around the world increasingly view Europe as a single market. Soon a new European rule called MiFID （Markets in Financial Instrument Directive） is due to be implemented. It aims to increase competition among and transparency within financial markets. Financiers in other parts of the world are wondering how to achieve a similar degree of cross-border financial integration.
According to Paragraph 1,traders mostly trade derivatives in .A.New York
B.London
C.Chicago
D.Frankfurt答案：C解析：本题考查的是细节理解和同义转换。
【关键词】Paragraph 1;derivatives
【主题句】第1自然段 Chicago,for instance,has consolidated its position as the world’s derivatives center.例如，芝加哥巩固了其作为世界衍生品中心的地位。
【解析】本题的问题是“根据第一自然段，贸易者交易衍生品主要是在哪里？”。根据主题句可知，贸易者交易衍生品主要在芝加哥，故选C。 -
第10题：
资料：New York and London may rule the roost, but other financial hubs in America and Europe have managed to carve out useful specialist niches for themselves. Chicago, for instance, has consolidated its position as the world’s derivatives center, and Houston, the largest city in Texas, is home to America’s biggest energy firms and has spawned an active cluster of energy traders and hedge funds.
Europe has also developed a diverse set of financial centers ranging from big cities to island havens such as Jersey and to niche markets such as Luxembourg and Dublin. Edinburg, an established banking center, is now touting itself as a low-cost alternative for financial operations. Among the larger hubs, Frankfurt is an important center for banking and derivatives trading through Eurex, a German-Swiss exchange, with significantly lower costs than London.
Switzerland’s twin financial centers, Geneva and Zurich, have done well in their specialists of private banking, wealth management and insurance. The main attractions are low taxes, political stability and a reputation for discretion. Urs Roth from the Swiss Bankers Association says, however, that given its tiny domestic market, Switzerland has had to fight for open markets on an international scale.
Paris has long lagged far behind London, dogged by a reputation for excessive regulation and high taxes. The new government is aware that some of France’s best financial brains have crossed the Channel for more lucrative careers in London. Yet Paris has many advantages: a large number of international banks; more international companies than Frankfurt; and easy access to regulators. It has the largest market in Europe for trading in mutual funds. Few would dispute that Paris offers an attractive quality of life and has good transport links. What makes Paris a place to watch just now is the NYSE’s recent merger with Euronext. The combined group will base its international equities business in the French capital. Euronext, which operates exchanges in five European countries, also illustrates the importance of a common language.
Financial executives around the world increasingly view Europe as a single market. Soon a new European rule called MiFID （Markets in Financial Instrument Directive） is due to be implemented. It aims to increase competition among and transparency within financial markets. Financiers in other parts of the world are wondering how to achieve a similar degree of cross-border financial integration.
All of the following are advantages of Switzerland’s financial centers EXCEPT .A.low taxation
B.broad domestic market
C.fame for discretion
D.stable political environment答案：B解析：本题考查的是细节理解和同义转换。
【关键词】Switzerland’s financial centers;except
【主题句】第3自然段 The main attractions are low taxes,political stability and a reputation for discretion.主要的吸引力是低税收、政治稳定和谨慎的名声。
【解析】本题的问题是“以下哪一项不是瑞士金融中心的优点？”。根据主题句可知，A、C、D均是瑞士中心的优点，故选B。
本题为选非题， -
第11题：
资料：The market is a concept. If you are growing tomatoes in your backyard for sale you are producing for the market. You might sell some to your neighbor and some to the local manager of the supermarket. But in either case, you are producing for the market. Your efforts are being directed by the market. If people stop buying tomatoes, you will stop producing them.
If you take care of a sick person to earn money, you are producing for the market. If your father is a steel worker or a truck driver or a doctor or a grocer, he is producing goods or service for the market.
When you spend your income, you are buying things from the market. You may spend money in stores, supermarkets, gas stations and restaurants. Still you are buying from the market. When the local grocer hires you to drive the delivery truck, he is buying your labor in the labor market.
The market may be something abstract. But for each person or business that is making and selling something, it is very concrete. If nobody buys your tomatoes, it won’t be long before you get the message. The market is telling you something. It is telling you that you are using energies and resources in doing something the market doesn’t want you to do.
In what way is the market very real for each person or businessman who is making and selling something?A.It tells you what to produce
B.It tells you how to grow tomatoes
C.It provides you with everything you need
D.It helps you save money答案：A解析：本题考查的是细节理解。
【关键词】In what way；the market real；for each person or business
【主题句】第4自然段The market is telling you something. It is telling you that you are using energies and resources in doing something the market doesn’t want yo to do。市场在告诉你一些事。它在告诉你你在花费精力和资源做市场不希望你做的事情。
【解析】题目意为“对于生产和销售东西的每个人来说市场是以什么形式具体存在的？”选项A意为“它告诉你生产什么”，选项B意为“它告诉你如何种西红柿”，选项C意为“它为你提供一切你需要的东西”，选项D意为“它帮你省钱”。根据文章最后两句，选项A符合题意。 -
第12题：
单选题The passage mainly wants to tell us ______.Ahow to buy or sell shares
BABC of stock markets
Cthe stock market is like gambling
Dinvesting money in the stock market is not the safest way
正确答案： C解析：
主旨大意题。纵观全文，本文讲解了一些股票的基本知识，如什么是股票，股票的性质以及投资股票的人等，即股票的一些常识。ABC of表示某个领域的基本知识。因此B选项正确。 -
第13题：
(b) For this part, assume today’s date is 1 May 2010.
Bill and Ben decided not to sell their company, and instead expanded the business themselves. Ben, however,
is now pursuing other interests, and is no longer involved with the day to day activities of Flower Limited. Bill
believes that the company would be better off without Ben as a voting shareholder, and wishes to buy Ben’s
shares. However, Bill does not have sufficient funds to buy the shares himself, and so is wondering if the
company could acquire the shares instead.
The proposed price for Ben’s shares would be ￡500,000. Both Bill and Ben pay income tax at the higher rate.
Required:
Write a letter to Ben:
(1) stating the income tax (IT) and/or capital gains tax (CGT) implications for Ben if Flower Limited were to
repurchase his 50% holding of ordinary shares, immediately in May 2010; and
(2) advising him of any available planning options that might improve this tax position. Clearly explain any
conditions which must be satisfied and quantify the tax savings which may result.
(13 marks)
Assume that the corporation tax rates for the financial year 2005 and the income tax rates and allowances
for the tax year 2005/06 apply throughout this question.
正确答案：(b) [Ben’s address] [Firm’s address]
Dear Ben [Date]
A company purchase of own shares can be subject to capital gains treatment if certain conditions are satisfied. However, one
of these conditions is that the shares in question must have been held for a minimum period of five years. As at 1 May 2010,
your shares in Flower Limited have only been held for four years and ten months. As a result, the capital gains treatment will
not apply.
In the absence of capital gains treatment, the position on a company repurchase of its own shares is that the payment will
be treated as an income distribution (i.e. a dividend) in the hands of the recipient. The distribution element is calculated as
the proceeds received for the shares less the price paid for them. On the basis that the purchase price is ￡500,000, then the
element of distribution will be ￡499,500 (500,000 – 500). This would be taxed as follows:
-
第14题：
What will happen if a draft is stamped "accepted" by a bank?
A．The bank will sell it as soon as possible to the buyer.
B．The draft will become money market funds.
C．Dealers will buy it in the domestic market.
D．The draft becomes a banker's acceptance and will be sold in the money market.
正确答案：D
解析：最后一句指出Alternatively, the bank can stamp the draft "accepted" with the appropriate signature,...sell it in the secondary market, 意思是作为一种选择，由银行承兑的汇票可以在二级市场上流通(这是因为银行信誉度高的缘故)。 -
第15题：
An industrial corporate can meet its financial needs by seeking funds from the capital market.
A．Right
B．Wrong
C．Doesn't say
正确答案：A
解析：结合第一、二句可知资本市场为工商企业、政府、地方政府提供中长期融资，进一步推导得出工商业企业的融资需求可以通过资本市场满足。 -
第16题：
In the foreign exchange market, which is made up of banks' traders and brokers, prices (61) every minute (62) to supply and demand. For safety's sake, a branch will get a rate from their traders for a big transaction. Therefore the traders give their branches lists of exchange rates (63) they may buy and sell notes and payments in the main currencies.
Whenever a bank in Britain makes a payment in foreign currency, or makes a payment in sterling to a non-resident, the payment has first to (64) under British exchange control regulations. The bank itself can usually authorize the payment after seeing a document such as an invoice to show that the payment is due; but cases (65) borrowing and lending have to be referred to the Bank of England.
(46)
A．alter
B．vary
C．turn
D．convert
正确答案：B
解析：vary变化，改变，不及物动词。alter改变，常作及物动词。convert使转变，转换。 -
第17题：
A financial future is a contract to buy or sell certain forms of money at a specified date ______.
A．with spot rate
B．with forward rate
C．at the market price
D．at the price fixed at the time of the deal
正确答案：D
解析：第一段第一句A financial future is…, with the price agreed at the time of the deal. -
第18题：
听力原文：The foreign exchange market operates much like other financial markets, but isn't located in a specific place like a stock exchange.
(9)
A．The foreign exchange market operates like other financial markets in every respect.
B．The foreign exchange market has a specific place like a stock exchange.
C．There's no physical market place such as stock exchanges for the foreign exchange transactions.
D．The foreign exchange market operates quite differently since the former has no physical market place.
正确答案：C
解析：单句意思为“外汇市场和其他金融市场运行很相似，但是和股票市场不同的是，它没有特定的交易场所。” -
第19题：
The first European stock exchange was established in Antwerp,Belgium(比利时),in 1531.There were no stock exchanges in England until the 1700′s.A man wishing to buy or sell shares of?stock had to find a broker(agents)to transact his business for him.In London,he usually went to a?coffee house,because brokers often gathered there.In 1773,the brokers of London formed a stock?exchange.
In New York City,brokers met under an old button-wood tree on Wall Street.They organized?the New York Stock Exchange in 17.92.The American Stock Exchange,the second largest in the?United States,was formerly called the Curb Exchange because of its origin on the streets of New?York City.
A stock exchange is a market place where member brokers buy and sell stocks and bonds(债券)of American and foreign businesses on behalf,of the public.A stock exchange provides a market?place for stocks and bonds in the same way a board of trade does for commodities.The stockbrokers?receive a small commission on each transaction they make.
The stockholder may sell his stock wherever he wants to unless the corporation has some special?rule to prevent it.Prices of stock change according to general business conditions and the earnings?and future prospects(前景)of the company~If the business is doing well,the stockholder may be?able to sell his stock for a profit.If it is not,he may have to take a loss.
In the 1600′S,if a man wanted to buy or sell shares of stock,he had to do it throughA.the government
B.himself
C.a broker
D.the stock exchange答案：C解析：【考情点拨】事实细节题。【应试指导】文章第一段第三句指出，如果（在18世纪以前）有人想买卖股票就必须通过经纪人（代理人）替他交易。 -
第20题：
资料：The market is a concept. If you are growing tomatoes in your backyard for sale you are producing for the market. You might sell some to your neighbor and some to the local manager of the supermarket. But in either case, you are producing for the market. Your efforts are being directed by the market. If people stop buying tomatoes, you will stop producing them.
If you take care of a sick person to earn money, you are producing for the market. If your father is a steel worker or a truck driver or a doctor or a grocer, he is producing goods or service for the market.
When you spend your income, you are buying things from the market. You may spend money in stores, supermarkets, gas stations and restaurants. Still you are buying from the market. When the local grocer hires you to drive the delivery truck, he is buying your labor in the labor market.
The market may be something abstract. But for each person or business that is making and selling something, it is very concrete. If nobody buys your tomatoes, it won’t be long before you get the message. The market is telling you something. It is telling you that you are using energies and resources in doing something the market doesn’t want you to do.
All of the following acts are producing for the market EXCEPT____.A.working in a bank
B.printing a book
C.attending a night school
D.growing beans for sale答案：C解析：本题考查的是细节理解。
【关键词】producing for the market except
【主题句】第2自然段If your father is a steel worker or a truck driver or a doctor or a grocer, he is producing goods or service for the market. 如果你父亲是一个钢铁工、卡车司机、医生或者杂货商，那么他就是为市场生产商品或者服务。第1自然段If you are growing tomatoes in your backyard for sale you are producing for the market. 如果你在后院种西红柿来卖，那么你就是在为市场生产商品。
【解析】题目意为“以下选项是为市场生产除了____”，选项A意为“在银行工作”，选项B意为“印刷书籍”，C选项意为“上夜校”，D选项意为“种植拿去出售的豆子”， 根据主题句，A、B、D选项都是在为市场生产，C选项与市场无关。 -
第21题：
资料：Now you are preparing a report for the business negotiation which will be held next Friday.
There are 5 sentences excerpted from the report,each sentence has four words or phrases underlined.The four underlined ports of the sentence are marked（A）,（B）,（C）,（D）.You are to identify the one underlined word or phase that should be collected or rewritten.Then,find the number of the question and mark your answer.
“China’s residential housing market would hit the iceberg（A）very soon and after the collision,risks in the property market will result in（B）more serious risks in the financial sector”,said Pan Shiyi,a real estate tycoon,at the China Entrepreneurs Forum held in Beijing on May 23,it （C）may be a little exaggerating,but risks in the housing market are real as following a strong performance in 2013,China’s real estate market has shown signs of cooling down（D）.
A.A
B.B
C.D
D.D答案：C解析：本题考查的是改错。
【关键词】it改为which
【主题句】said Pan Shiyi,a real estate tycoon,at the China Entrepreneurs Forum held in Beijing on May 23,it may be a little exaggerating,潘石屹，一位真正的地产界大亨在北京于5月23日举办的中国企业家论坛上谈到，这或许有点夸张。
【解析】 文中C所在句子缺乏连词，所以应该使用which，引导限制性定语从句。 -
第22题：
资料：The market is a concept. If you are growing tomatoes in your backyard for sale you are producing for the market. You might sell some to your neighbor and some to the local manager of the supermarket. But in either case, you are producing for the market. Your efforts are being directed by the market. If people stop buying tomatoes, you will stop producing them.
If you take care of a sick person to earn money, you are producing for the market. If your father is a steel worker or a truck driver or a doctor or a grocer, he is producing goods or service for the market.
When you spend your income, you are buying things from the market. You may spend money in stores, supermarkets, gas stations and restaurants. Still you are buying from the market. When the local grocer hires you to drive the delivery truck, he is buying your labor in the labor market.
The market may be something abstract. But for each person or business that is making and selling something, it is very concrete. If nobody buys your tomatoes, it won’t be long before you get the message. The market is telling you something. It is telling you that you are using energies and resources in doing something the market doesn’t want you to do.
The word “concrete”in the last paragraph may most probably mean____.A.serious
B.true
C.important
D.real答案：D解析：本题考查的是判断推理。
【关键词】concrete
【主题句】But for each person or business that is making and selling something, it is very concrete. 但是对一个人或商业活动来说，市场就是制造和销售东西，是非常实在的。
【解析】题目意为“文章最后一段中的concrete一词最可能意为____”，选项A意为“严重的、严肃的”，选项B意为“正确的”，选项C意为“重要的”，选项D意为“实在的”。根据文章最后一段，D选项符合题意。 -
第23题：
资料：The market is a concept. If you are growing tomatoes in your backyard for sale you are producing for the market. You might sell some to your neighbor and some to the local manager of the supermarket. But in either case, you are producing for the market. Your efforts are being directed by the market. If people stop buying tomatoes, you will stop producing them.
If you take care of a sick person to earn money, you are producing for the market. If your father is a steel worker or a truck driver or a doctor or a grocer, he is producing goods or service for the market.
When you spend your income, you are buying things from the market. You may spend money in stores, supermarkets, gas stations and restaurants. Still you are buying from the market. When the local grocer hires you to drive the delivery truck, he is buying your labor in the labor market.
The market may be something abstract. But for each person or business that is making and selling something, it is very concrete. If nobody buys your tomatoes, it won’t be long before you get the message. The market is telling you something. It is telling you that you are using energies and resources in doing something the market doesn’t want you to do.
Which of the following would be the best title for the passage?A.Selling and Buying
B.What Is the Market?
C.Everything You Do Is Producing for the Market
D.What the Market Can Do for You?答案：B解析：本题考查的是主旨大意。
【关键词】the best title for the passage
【主题句】第1自然段The market is a concept.市场是一种概念。
【解析】题目意为“下面哪一项是文章最好的题目？”，A选项意为“买与卖”，B选项意为“什么是市场？”，C选项意为“你做的每件事都是为市场生产商品”，D选项意为“市场能为你做什么？”。根据整篇文章讲述的是市场是什么的问题，并通过具体的例子来阐述，只有B选项符合题意。