填空题
{{B}}PART SIX{{/B}}
{{B}} · In most lines of the following text, there is one
unnecessary word. It is either grammatically incorrect or does not fit in with
the sense of the text.
· For each numbered line 41--52, find the
unnecessary word. Some lines are correct. If a line is correct, write
CORRECT.{{/B}}
If you watch the news, you hear at all the time about the Dow Jones
(41) ______
Industrial Average and other
averages that like the S＆P 500 or the
(42) ______
Russel 2000. These are "market averages" designed to tell you
how
companies are traded on the stock market are doing in general.
(43) ______
The Dow
Jones Industrial Average is simply the average value of 30
large, and
industrial stocks. Big companies like General Motors,
(44) ______
Goodyear, IBM and Exxon are the
kinds of companies that make up
this index. See this page for details on how
that the average is (45)
______
calculated. See this page for a list of the companies in the
average.
The thing to understand is that the Dow Jones Industrial Average
is
nothing magic--which someone has chosen 30 companies and
(46)
______
he averaged their values together by following a specific formula.
(47) ______
That's all what
it is.
(48) ______
There are
all sorts of averages out there. The S＆P 500 is the average
value of 500
different large companies. But the Russel 2000 tracks
(49) ______
the average of 2,000 smaller
companies. And there are others.
What these averages tell you is the general
health of stock prices as (50) ______
a
whole. If the economy is "doing well", then the prices of stocks as a
(51) ______
group tend to rise. If it is "doing poorly",
prices as a group tend to fall.
The averages show you these tendencies in the
market as a whole. If
a specific stock is going down but while the market as
a whole is going (52) ______
up, that tells you
something. Or if a stock is rising, but is rising faster
or slower than the
market as a whole, that tells you something as well.