单选题
{{B}}Section One{{/B}}
Directions: In this section, you will hear ten short statements. Each statement will be spoken only once. After each statement, there will be a pause. During the pause, you must read the four suggested answers marked A, B, C and D, and decide which is the best answer.

A、 People can draw the money on CDs whenever they want.
B、 People can sell their CDs in the money market whenever they want.
C、 A CD is a demand deposit as opposed to a term security.
D、 CDs don't have a specified maturity date.

【正确答案】 B

【答案解析】[听力原文] Although CDs cannot be withdrawn, they can be marketed, that is sold, at any time. 单句意思为“可转让定期存单不能随便提取，但可以任意买卖。”B项正确，其他选项均表述错误。

A、 The Bank of China is not a state-owned enterprise.
B、 The Bank of China is a foreign exchange bank.
C、 The Bank of China is not a foreign exchange bank.
D、 The Bank of China is not very important.

【正确答案】 B

【答案解析】[听力原文] The bank of China is a state-owned enterprise and is a specialized foreign exchange bank of the People's Republic of China. 单句意思为“中国银行是国有商业银行，它是中国的外汇专业银行。”

A、 The amount on the cheque is larger than in the account.
B、 The car can be covered with your cheque.
C、 The cheque you wrote can not cover the car.
D、 The amount on your cheque is just that in your account.

【正确答案】 A

【答案解析】[听力原文] I'm afraid there isn't enough money in your account to cover the cheque you wrote for your new car. 单句意思为“恐怕您账户里余额不足，您所开的支票无力购买此新车。”

A、 The bank must take the purpose of loan into consideration carefully.
B、 The bank wonders if the loan is used for illegal or speculative purpose.
C、 The bank worries that the loan is used for illegal or speculative purpose.
D、 The bank must consider a way for the loan to be used for speculative purpose.

【正确答案】 A

【答案解析】[听力原文] The bank must consider carefully whether the loan is to be used in any illegal activity or for speculative purpose. 单句意思为“银行必须仔细审查，看贷款是否是用于非法活动或是投机行为。”

A、 The discount rate and the stock prices move in the same direction.
B、 The discount rate and the stock prices move in the adverse directions.
C、 When the Fed raises stock prices, the discount rate is likely to move downward.
D、 When the Fed lowers stock prices, the discount rate tends to rise.

【正确答案】 B

【答案解析】[听力原文] Historically, when the Fed lowers the discount rate, stock prices tend to rise; when the Fed raises the discount rate, stock prices are likely to move downward. 根据录音可知，股票价格随着贴现率的变化而变化，且方向相反。