首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
考研
People’s financial history has a strong impact on their taste for risk. Looking at surveys of American household【C1】______from 1
People’s financial history has a strong impact on their taste for risk. Looking at surveys of American household【C1】______from 1
admin
2017-09-08
57
问题
People’s financial history has a strong impact on their taste for risk. Looking at surveys of American household【C1】______from 1960 to 2007, Ul-rike Malmendier of the University of California at Berkeley and his cooperator found that people who【C2】______high returns on the stock market【C3】______in life were, years later, likelier to report a higher tolerance for risk, to own shares and to invest a bigger slice of their【C4】______in shares.
But【C5】______to economic turmoil appears to suppress people’s appetite for risk【C6】______of their personal financial losses. That is the【C7】______of a paper by Samuli Knupfer of London Business School and two co-authors. In the early 1990s a severe recession caused Finland’s GDP to【C8】______by 10% and unemployment to【C9】______from 3% to 16%. Using detailed data on tax, unemployment and military conscription(draft), the authors were able to【C10】______the investment choices of those【C11】______by Finland’s "Great Depression". Controlling for age, education, gender and【C12】______status, they found that those in occupations, industries and regions hit harder by unemployment were【C13】______likely to own stocks a decade later. Individuals’ personal misfortunes, however, could explain at most half of the【C14】______in stock ownership, the authors reckon. They【C15】______the remainder to "changes in beliefs and preferences" that are not easily measured.
This seems【C16】______with a growing body of research that links a low tolerance of risk to 【C17】______emotional trauma(a severe shock). Studies have found, for example, that natural【C18】______such as the tsunami(a large destructive wave)that hit South-East Asia in 2004 and military【C19】______such as the Korean war can render their victims more【C20】______for years.
【C5】
选项
A、exposure
B、access
C、commitment
D、addiction
答案
A
解析
第1段的high returns和a higher tolerance for risk说明了财政历史对于风险偏好的积极影响。本段开头的But暗示下文的内容与上文的内容相反。所以判断这里要表达人们经历经济混乱,economic turmoil是不好的经历,需要一个贬义词,故选A项exposure“暴露”。
转载请注明原文地址:https://kaotiyun.com/show/mAIZ777K
0
考研英语一
相关试题推荐
TVissooftenaparent’sgoodfriend,keepingkidshappilyoccupiedsothegrownupscancookdinner,answerthephone,ortake
TVissooftenaparent’sgoodfriend,keepingkidshappilyoccupiedsothegrownupscancookdinner,answerthephone,ortake
TVissooftenaparent’sgoodfriend,keepingkidshappilyoccupiedsothegrownupscancookdinner,answerthephone,ortake
TVissooftenaparent’sgoodfriend,keepingkidshappilyoccupiedsothegrownupscancookdinner,answerthephone,ortake
TVissooftenaparent’sgoodfriend,keepingkidshappilyoccupiedsothegrownupscancookdinner,answerthephone,ortake
Globalwarmingisalreadycuttingsubstantiallyintopotentialcropyieldsinsomecountries—tosuchanextentthatitmaybea
Globalwarmingisalreadycuttingsubstantiallyintopotentialcropyieldsinsomecountries—tosuchanextentthatitmaybea
Globalwarmingisalreadycuttingsubstantiallyintopotentialcropyieldsinsomecountries—tosuchanextentthatitmaybea
Youngpeoplealwayssufferinrecessions.Employersstop【C1】______thembecausetheyareeasiertosack.Butin【C2】______episod
Justaseachweddingcreatespotentialbusinessfordivorcelawyers,soeachengagementgivesinsurersachancetodrumupbusin
随机试题
成熟红细胞的代谢途径包括
患者女,32岁,双眼痒、烧灼感2天。发病前一天曾使用过新买的眼霜。检查:Vou1.2,双眼睑红肿,皮肤可见小水泡,部分溃破,伴少许渗液。双眼睑结膜充血,角膜清,晶状体透明,眼底未见明显异常。局部合理的治疗是
某奶牛场,部分奶牛体温升至40~42℃,精神沉郁,厌食,鼻、眼有浆液性分泌物,鼻镜及口腔黏膜表面糜烂,舌面上皮坏死,流涎增多,呼气恶臭。随后发生严重腹泻,带有黏液和血。部分牛蹄叶炎及趾间皮肤糜烂坏死、跛行。髻甲、颈部及耳后皮肤出现明显皮屑状。1个月内,发病
工程建设项目的附属绿化工程设计方案或者城市的()、风景林地和干道绿化带等绿化工程的设计方案,未经批准或者未按照批准的设计方案施工的,由城市人民政府城市绿化行政主管部门责令停止施工、限期改正或者采取其他补救措施。
SZYV-75-2型号的电缆,其中75表示()。
企业在进行财产清查发现现金短缺时,无法查明原因的部分,报经批准后,借记“营业外支出——现金短缺”账户。
下列关于投资组合风险的叙述中,说法错误的有()。
吴道子的《簪花仕女图》人物画风格,被唐人称之为“吴家样”“吴带当风”。()
劳动教养是()的一种方法。
=_______.
最新回复
(
0
)