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提问人:网友main_dir 发布时间:2022-01-07
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Why should banks need to establish formal operating procedures?A.The supervisory authoriti

Why should banks need to establish formal operating procedures?

A.The supervisory authorities require them to do so.

B.The shareholders expect a reasonable return on their investment.

C.The banks have to keep safe large volume of monetary items raised from all sources.

D.The banks engage in a large volume and variety of transactions.

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更多“Why should banks need to establish formal operating procedures?A.The supervisory authoriti”相关的问题
第1题
—Have you decided where to go for your summer vacation — Not yet. We _________go to Qingdao. It is a good place for vacation.

A.may

B.should

C.nee

D.must

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第2题
Why are passes mentioned by the speaker?A.They can be used for a later show.B.They are nee

Why are passes mentioned by the speaker?

A.They can be used for a later show.

B.They are needed to gain entry to an area.

C.They are valid at the cafeteria.

D.They can be exchanged at a special counter.

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第3题
这些信函应该为我们提供所需要的全部信息

A.These letters should provide for us with all the information we neeD

B.These letters should provide to us with all the information we neeD

C.These letters should provide us with all the information we nee

D.

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第4题
Why do some people who open their own restaurant fail?A.They don't learn enough about the

Why do some people who open their own restaurant fail?

A.They don't learn enough about the competitio

B.B They don't research how to attract customer

C.C They don't know what turnover levels they nee

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第5题
The sentence "Trust is a two-way street" (Paragraph 3 ), means that ______.A.there's a nee

The sentence "Trust is a two-way street" (Paragraph 3 ), means that ______.

A.there's a need of mutual understanding between the public and the scientific community

B.there's a heavy traffic in a two-way street

C.the scientific community should try to find out the public concerns and fears

D.the public should have confidence in the views of the scientific community

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第6题
What did education reformers suggest in the early twentieth century?A.Different groups nee

What did education reformers suggest in the early twentieth century?

A.Different groups needed different kinds of education.

B.Special programs should be set up to modernize students.

C.Women should stay at home.

D.More women should be involved in education and industry.

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第7题
"You are not here to tell me what to do. You are here to tell me why I have done what I ha
ve already decided to do", Montagu Norman, the Bank of England's longest-serving governor (1920—1944), is reputed to have once told his economic adviser. Today, thankfully, central banks aim to be more transparent in their decision making, as well as more rational. But achieving either of these things is not always easy. With the most laudable of intentions, the Federal Reserve, America's central bank, may be about to take a step that could backfire.

Unlike the Fed, many other central banks have long declared explicit inflation targets and then set interest rates to try to meet these. Some economists have argued that the Fed should do the same. With Alan Greenspan, the Fed's much-respected chairman, due to retire next year—after a mere 18 years in the job—some Fed officials want to adopt a target, presumably to maintain the central bank's credibility in the scary new post-Greenspan era. The Fed discussed such a target at its February meeting, according to minutes published this week. This sounds encouraging. However, the Fed is considering the idea just when some other central banks are beginning to question whether strict inflation targeting really works.

At present central banks focus almost exclusively on consumer-price indices. On this measure Mr. Greenspan can boast that inflation remains under control. But some central bankers now argue that the prices of assets, such as houses and shares, should also somehow be taken into account. A broad price index for America which includes house prices is currently running at 5.5%, its fastest pace since 1982. Inflation has simply taken a different form.

Should central banks also try to curb increases in such asset prices? Mr. Greenspan continues to insist that monetary policy should not be used to prick asset-price bubbles. Identifying bubbles is difficult, except in retrospect, he says, and interest rates are a blunt weapon: an increase big enough to halt rising prices could trigger a recession. It is better, he says, to wait for a housing or stockmarket bubble to burst and then to cushion the economy by cutting interest rates—as he did in 2001-2002.

And yet the risk is not just that asset prices can go swiftly into reverse. As with traditional inflation, surging asset prices also distort price signals and so can cause a misallocation of resources—encouraging too little saving, for example, or too much investment in housing. Surging house prices may therefore argue for higher interest rates than conventional inflation would demand. In other words, strict inflation targeting-the fad of the 1990s—is too crude.

The word "minutes" (Line 6, Paragraph 2) most probably means ______.

A.record

B.new-letter

C.announcement

D.motive

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第8题
听力原文:Do you have batteries for this alarm clock?(A) It's 9:28.(B) What size do you nee

听力原文:Do you have batteries for this alarm clock?

(A) It's 9:28.

(B) What size do you need?

(C) What time should I wake you up?

(11)

A.

B.

C.

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第9题
Why do some people who open their own resturnt fil They don’t lern enoughbout theWhy do so
me people who open their own resturnt fil They don’t lern enoughbout the competition. B.They don’t reserch how tottrct customers. C.They don’t know wht turnover levels they need.

A.They don’t learn enough about the competition.

B.They don’t research how to attract customers.

C.They don’t know what turnover levels they nee

D.

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第10题
Why are some banks reaching out to become one-stop financial service conglomerates? What is the potential problem of banks getting too big?
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