By “Ellen Spero isn’t biting her nails just yet”(Paragraph 1), the author means ________.
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1 .According to those who support mergers, railway monopoly is unlikely because ________.
A cost reduction is based on competition B services call for cross-trade coordination C outside competitors will continue to exist D shippers will have the railway by the throat
2 .What is many captive shippers’ attitude towards the consolidation in the rail industry?
A Indifferent. B Supportive. C Indignant. D Apprehensive.
3 .It can be inferred from Paragraph 3 that ________.
A shippers will be charged less without a rival railroad B there will soon be only one railroad company nationwide C overcharged shippers are unlikely to appeal for rate relief D a government board ensures fair play in railway business
4 .The word “arbiters” (Paragraph 4) most probably refers to those ________.
A who work as coordinators B who function as judges C who supervise transactions D who determine the price
5 .According to the text, the cost increase in the rail industry is mainly caused by ________.
A the continuing acquisition B the growing traffic C the cheering Wall Street D the shrinking market
7 .How do the public feel about the current economic situation?
A Optimistic. B Confused. C Carefree. D Panicked.
8 .When mentioning “the $4 million to $10 million range” (Paragraph 3) the author is talking about ________.
A gold market B real estate C stock exchange D venture investment
9 .Why can many people see “silver linings” to the economic slowdown?
A They would benefit in certain ways. B The stock market shows signs of recovery. C Such a slowdown usually precedes a boom. D The purchasing power would be enhanced.
10 .To which of the following is the author likely to agree?
A A new boom, on the horizon. B Tighten the belt, the single remedy. C Caution all right, panic not. D The more ventures, the more chances.
