11月25号换题库-GMAT阅读新题-Social Science Division

linda513

1. Social Science Division        3
1.1.        Business & Economics        3
1.1.1  通货膨胀和失业率 *        3
1.1.2 财政赤字和通货膨胀率*        3
1.1.3气味在print advertising应用*        6
1.1.4服务行业和制造业 *        7
1.1.5 网页loading 速度        10
1.1.6美国经济调查        11
1.1.7 市场管理 Market regulation *        11
1.1.8电影        14
1.1.9 广告对比*        14
1.1.10 mission statement*        16
1.1.11工人时间长短和企业利益@        17
1.1.12广告对price elastic的影响        19
1.1.13 电影明星是如何成名*        19
1.1.14 manufacutory industory全球化        20
1.1.15 benchmarking的standard        20
1.1.16 网上销售        21
1.1.17 stock-keeping units@        21
1.1.18 顾客坚持己见        22
1.1.19公司贷款抵押screening effect*        22
1.1.20一篇是大公司和小公司的创新        26
1.1.21manufacturer和retailer        26
1.2.        Analysis & Research        26
1.2.1New Zealand*        26
1.2.2 Jazz musician        29
1.2.3 商标        29
1.2.4 TiO 元素        29
1.2.5研究CO2和环境的        30
1.3.        Human (Woman) Revolution & Historical stuff        30
1.3.1 希腊埃及妇女        30
1.3.2 劳工和妇女受雇佣程度        30
1.3.3 文艺复兴后妇女的态度@        30
1.3.4 米国的HEALTH-CARE        36
1.3.5黑奴的地位*        36
美国黑人的劳工合同        37
1.3.6 feminism和women right        38
1.3.7 19世纪女性        39
1.3.8 mexican女同志做饭        39
1.3.9 child-care@        40
1.3.10 印第安人和美国外来移民进行友好条约        42
1.3.11 男女收入差距        42
1.4.        Art & Culture        42
1.4.1 Culture and fishing        42
1.4.2 剧场 （巨长。5 6段。）        43
1.4.3  社会进步        43

linda513

1. Social Science Division
1.1.        Business & Economics               
1.1.1  通货膨胀和失业率 *
第一段讲了将通货膨胀和失业率的，然后给了自然失业率的定义。接着说，现在通货膨胀和失业率不是负相关了，因为什么什么的。
第二段说后来tradition观点认为，经济没有发根本改变，因为什么什么的。又有人来反驳tradition的观点，说什么技术进步呀什么的。
问题
问哪一个会削弱反驳的观点， 狗主人选的是技术不会永远进步（ by tomchenxi）
考古 待确定
       2. 第一段 一种传统的理论认为失业率像其它商品一样，反映了劳动力市场的供需情况，失业率下降，证明劳动力需求增加，员工工资就会增加，就会引起通货膨胀。经济学家希望通过关系式来找出失业率下降到何种成都不会引起通货膨胀，最后算处是6。但美国九十年代后期失业率下降，通胀也下降。
          第二段 传统理论的经济学家给出了一些新的解释，给了四五个，不记得了，有美元货币坚挺的因素，有医疗什么的因素，但这里有考题，问哪些不是，对照找出就可以了。
           第三段 传统经济学家的理由只是暂时性的，新经济学家给了两个新的解释：好像一个是科技的发展，提高了效率并根本降低了商品的成本；一个是工人的安全感下降，所以现金形式的收入下降了，在收入上会作出妥协。

linda513

1.1.2 财政赤字和通货膨胀率*
一般有两种方法，一个是，另一个是。但是，一个的问题是，另一个的问题是
Prep 1
Essay #10.  154    (22742-!-item-!-188;#058&00154-00)

Conventional wisdom has it that large deficits赤字 in the United States budget cause interest rates to rise.  Two main arguments are given for this claim.  According to the first, as the deficit increases, the government will borrow more to make up for the ensuing shortage of funds.  Consequently, it is argued, if both the total supply of credit (money available for borrowing) and the amount of credit sought by nongovernment borrowers remain relatively stable, as is often supposed, then the price of credit (the interest rate) will increase.  That this is so is suggested by the basic economic principles that if supplies of a commodity (here, credit) remain fixed and demand for that commodity increases, its price will also increase.  The second argument supposes that the government will tend to finance its deficits by increasing the money supply with insufficient regard for whether there is enough room for economic growth to enable such an increase to occur without causing inflation.  It is then argued that financiers will expect the deficit to cause inflation and will raise interest rates, anticipating that because of inflation the money they lend will be worth less when paid back.

Unfortunately for the first argument, it is unreasonable to assume that nongovernment borrowing and the supply of credit will remain relatively stable.  Nongovernment borrowing sometimes decreases.  When it does, increased government borrowing will not necessarily push up the total demand for credit.  Alternatively, when credit availability increases, for example through greater foreign lending to the United States, then interest rates need not rise, even if both private and government borrowing increase.

The second argument is also problematic.  Financing the deficit by increasing the money supply should cause inflation only when there is not enough room for economic growth.  Currently, there is no reason to expect deficits to cause inflation.  However, since many financiers believe that deficits ordinarily create inflation, then admittedly they will be inclined使倾向 to raise interest rates to offset mistakenly anticipated inflation.  This effect, however, is due to ignorance无知愚昧, not to the deficit itself, and could be lessened by educating financiers on this issue.

Question #33.  154-01    (22788-!-item-!-188;#058&000154-01)

Which of the following best summarizes the central idea of the passage? C

(A) A decrease in nongovernment borrowing or an increase in the availability of credit can eliminate or lessen the ill effects of increased borrowing by the government.
(B) Educating financiers about the true relationship between large federal deficits and high interest rates will make financiers less prone to raise interest rates in response to deficits.
(C) There is little support for the widely held belief that large federal deficits will create higher interest rates, as the main arguments given to defend辩解 this claim are flawed.
(D) When the government borrows money, demand for credit increases, typically creating higher interest rates unless special conditions such as decreased consumer spending arise.
(E) Given that most financiers believe in a cause-and-effect relationship between large deficits and high interest rates, it should be expected that financiers will raise interest rates.

Question #34.  154-03    (22834-!-item-!-188;#058&000154-03)

It can be inferred from the passage that proponents of the second argument would most likely agree with which of the following statements?  C

(A) The United States government does not usually care whether or not inflation increases.
(B) People in the United States government generally know very little about economics.
(C) The United States government is sometimes careless in formulating系统地表达 its economic policies.
(D) The United States government sometimes relies too much on the easy availability of foreign credit.
(E) The United States government increases the money supply whenever there is enough room for growth to support the increase.

Question #35.  154-07    (22880-!-item-!-188;#058&000154-07)

Which of the following claims concerning the United States government's financing of the deficit does the author make in discussing the second argument? E

(A) The government will decrease the money supply in times when the government does not have a deficit to finance.
(B) The government finances its deficits by increasing the money supply whenever the economy is expanding.
(C) As long as the government finances the deficit by borrowing, nongovernment borrowers will pay higher interest rates.
(D) The only way for the government to finance its deficits is to increase the money supply without regard for whether such an increase would cause inflation.
(E) Inflation should be caused when the government finances the deficit by increasing the money supply only if there is not enough room for economic growth to support the increase.

Question #36.  154-08    (22926-!-item-!-188;#058&000154-08)  A

The author uses the term "admittedly诚然" (see highlighted text) in order to indicate that

(A) the second argument has some truth to it, though not for the reasons usually supposed
(B) the author has not been successful in attempting to point out inadequacies in the two arguments
(C) the thesis that large deficits directly cause interest rates to rise has strong support after all
(D) financiers should admit that they were wrong in thinking that large deficits will cause higher inflation rates
(E) financiers generally do not think that the author's criticisms of the second argument are worthy of consideration

linda513

1.1.3气味在print advertising应用*
开头despite the olfactory advertising trends。。。—解释内容（好像是说olfactory 能使心情愉悦）—attention on it还是很少。来了个however，说olfactory 的效果不如visual和uara（忘了怎么拼了）可以测量。还说要有特定的环境才能有效果，举例说lemon味在黄色的物品下比红色的更容易被分辨。又说在闻到味之前consumer的心情就被影响了。Nevertheless，olfactory advertising还是有独特的一面的。
1．        问 那种olfactory 最不容易被分辨出， 狗主人选的是coffee味在wheat田里 非常肯定。 By uupigyu318

类似原文
Executional cues have been the focus of much advertising research. Visual cues (pictures) and aural cues (music) have been studied extensively, yet virtually no attention has been paid to the influence of olfactory cues in advertising despite the growing trend among advertisers to use scents in ads. Scents often have been used in advertisements for products in which scent is a primary attribute (e.g., perfumes, room fresheners) and, when used in that context, are a form of sampling. However, scents have also been used for products for which scent has been considered largely irrelevant. For instance, Tanqueray gin ran a pine-scented ad in USA Today, Rolls Royce advertised its cars in Architectural Digest using leather-scented strips, and the State of Utah
used floral- and spice-scented panels in a four-page tourism ad. Though such uses may be intended simply as novelties, research suggests that ordor can influence mood state and affect judgment. Therefore, the use of scents in advertising warrants attention.
        Odors differ in several ways from the pictures and sounds more familiar to advertising researchers. Compared to visual and aural cues, odors are difficult to recognize, are relatively difficult to label, may produce false alarms and create placebo effects. Schab (1991), in a review of the literature, concluded that the ability to attach a name to a particular odor is so limited that individuals, on average, can identify only 40% to 50% of odors in a battery of common odors. Additionally, consumer ability to detect and recognize odors is influenced by surrounding cues (Davis
1981). For example, a consumer is more likely to recognize a lemon scent when the scent is contained in a yellow liquid than when it is contained in a red liquid. Third, false alarms, perceiving an odor when in reality no odor is present, are relatively common (Engen 1972). Finally, researchers have shown that both emotional and physical states can be affected just by believing an odor is present. The odorant itself need not be present (Knasko, Gilbert, and Sabini 1990). That finding suggests placebo effects.
Despite the difficulties, olfactory cues hold appeal to advertisers working in an already cluttered environment. Olfactory responses are primarily autonomic, affecting a person physiologically before affecting cognition. Odors stimulate the limbic system, the part of the brain responsible for emotional responses. Thus, olfaction represents a different path to the consumer than is afforded by other types of cues.

linda513

1.1.4服务行业和制造业 *
V1
1980s 的服务行业和制造业之间的差别 前者利益下滑，后者上涨，然后W神马的就分析了这种区别 其中提出了一个原因是关于高科技的
V2
讲美国的制造业在70年代的时候开始衰退的现象并且讨论了一些其他 的学者给的解释，有一道主旨题，我选了examine....就是作者重新审视和评价了以往对于美国制造业衰退所进行的那些解释（基本上作者认为那些解释 都是不正确或者不完善的）。文章一屏半不到一点
开始讲了美国的制造业增长率在1960s;还是多少多少，然后到了1970s‘就变成了多少。。。
这可能 部分是因为服务业的崛起。。然后后面有一些解释。。。记得不全，一个解释是说是因为政府赤字同时利率很高然后人们把钱都拿去储蓄了而不对制造业进行投资， 但是作者反驳了这种观点 认为服务业其实需要更多的原始投资，但是在这段时间服务业正好和制造业情况相反，发展得很快（这里有题目）。。。。by liuluheng 720

linda513

考古
GWD-TN-11 Q33~Q36，但是此文与狗主人描述的最大差异在于制造业的生产率的趋势问题（一个是上升，一个是下降），可能文章不同，anyway，希望得到确认， 并且希望对考友们有帮助（关于后面那些原因的分析很多都与狗主人描述相似）~ 发文如下：
T-3-Q33-Q36
(This passage is excerpted from material published in 1997)
Whereas United States




economic productivity grew at an annual rate of 3 percent from 1945 to 1965, it has grown at an annual rate of only about 1 percent since the early 1970’s. What might be preventing higher productivity growth? Clearly, the manufacturing sector of the economy cannot be blamed. Since 1980, productivity improvements in manufacturing have moved the United States from a position of acute decline in manufacturing to one of world prominence. Manufacturing, however, constitutes a relatively small proportion of the economy. In 1992, goods-producing businesses employed only 19.1 percent of American workers, whereas service-producing businesses employed 70 percent. Although the service sector has grown since the late 1970’s, its productivity growth has declined. Several explanations have been offered for this declined and for the discrepancy in productivity growth between the manufacturing and service sectors. One is that traditional measures fail to reflect service-sector productivity growth because it has been concentrated in improved quality of services. Yet traditional measures of manufacturing productivity have shown significant increases despite the under measurement of quality, whereas service productivity has continued to stagnate. Others argue that since the 1970’s, manufacturing workers, faced with strong foreign competition, have learned to work more efficiently in order to keep their jobs in the United States, but service workers, who are typically under less global competitive pressure, have not. However, the pressure on manufacturing workers in the United States to work more efficiently has generally been overstated, often for political reasons. In fact, while some manufacturing jobs have been lost due to foreign competition, many more have been lost simply because of slow growth in demand for manufactured goods.
Yet another explanation blames the federal budget deficit: if it were lower, interest rate would be lower too, thereby increasing investment in the development of new technologies, which would spur productivity growth in the service sector. There is, however, no dearth of technological resources, rather, managers in the service sector fail to take advantage of widely available skills and machines. High productivity growth levels attained by leading edge service companies indicate that service sector managers who wisely implement available technology and choose skillful workers can significantly improve their companies’ productivity. The culprits for service-sector productivity stagnation are the forces－such as corporate takeovers and unnecessary governmental regulation－that distract managers from the task of making optimal use of available resources.
T-3-Q33
Which of the following, if true, would most weaken the budget deficit explanation for the discrepancy mentioned in line 27?

A.Research shows that the federal budget deficit has traditionally caused service companies to invest less money in research and development of new technologies.

B.New technologies have been shown to play a significant role in companies that have been able to increase their service productivity.
C.In both service sector and manufacturing, productivity improvements are concentrated in gains in quality.
D.The service sector typically requires larger investments in new technology in order to maintain productivity growth than dose manufacturing
E.High interest rates tend to slow the growth of manufacturing productivity as much as they slow the growth of service-sector productivity in the United States

T-3-Q34
The passage states which of the following about the effect of foreign competition on the American manufacturing sector since the 1970’s?

A.It has often been exaggerated.
B.It has not been a direct cause of job loss.
C.It has in large part been responsible for the subsequent slowing of productivity growth.
D.It has slowed growth in the demand for manufactured goods in the United States.
E.It has been responsible for the majority of American jobs lost in manufacturing.


T-3-Q35
It can be inferred from the passage that which of the following was true of the United States manufacturing sector in the years immediately prior to 1980?

A.It was performing relatively poorly.
B.It was in a position of world prominence.
C.It was increasing its productivity at an annual rate of 3 percent.
D.It was increasing its productivity at an annual rate of 1 percent.
E.Its level of productivity was higher than afterward.

T-3-Q36
The author of the passage would be most likely to agree with which of the following statements about productivity improvements in United States service companies?

A.Such improvements would be largely attributable to efficiencies resulting from corporate takeovers.
B.Such improvements would depend more on wise implementation of technology than on managers’ choice of skilled workers.
C.Such improvements would be more easily accomplished if there were fewer governmental regulations of the service sector.
D.Such improvements would require companies to invest heavily in the development of new technologies.
E.Such improvements would be attributable primarily to companies’ facing global competitive pressure.

Ans: E A A C

linda513

44.发展中国家和发达国家的service sector和manufacture industry
developing countries 的service sector 和manufacture industry 可以共同发展，不像developed countries 牺牲了manufacture industry 来发展service industry, 其中强调了government 对developing countries 这种发展的positive 影响。
1. （1）主题
2. 有关PRIMARY的叙述哪项正确，我选它底子够厚足够可支持制造业的发展
V2
一篇发展中国家的第一产业。
两段：第一段说发达国家服务业提升的同时，prime industry第一产业、manufacturing industry下降。但发展中国家prime industry虽然会下降，（这个好像有个定位题）但manufacturing industry却没有。
第二段说两个原因。考点主要在这一段。第一原因。第二个原因。大意是发展中国家政府投资会带来挤出效应，但是由于发展中国家运用经济刺激政策，所以manufacturing industry会上升。同时，prime industry的基础足够大，所以也会使得manufacturing industry上升。(700+)
考古（未确认）
说经济的三大部门（sector） 中，服务业正在崛起，而农业和工业的情况正在下降，发达国家都是这样的，原因是消费者有钱以后的花费增大了，而消费者的消费偏好越来越向第三产业靠拢。第 二段讲发展中国家不是这样的，它们三大部门都在增长，虽然服务业发展最快。以印度和巴基斯坦为例（居然没有提到中国，哼！），服务业发展最快，但农业和工 业的发展只是相对慢，而实际并不减慢。作者最后提出了自己的解释：是政府的投资导致了工业和农业的发展速度没有减慢。稳步增长。

发展中国家服务业"
与DEVELOPED COUNTRY不同，DEVELOPING COUNTRY 的制造业和服务业可同时增长。虽然这些南亚国家的PRIMARY部分（如农业）有所DECLINE， 但其基础足够大，能够满足制造业发展所需的原材料要求。
G题目不难，问（1）主题（2）有关PRIMARY的叙述哪项正确，我选它底子够厚足够可支持制造业的发展 （3）忘了

linda513

1.1.5 网页loading 速度
第一段一开始讲，网页LOAD的速度是制约电子商务发展的瓶颈，研究认为网页LOAD越慢，人们对这个牌子的印象就越不好，甚至会把这个态度转 到零售商那去，很多调查都证明这个了
第二段讲但是呢，有两个哥们跳出来说，我们的研究结果不一样，说LOAD速度和人们的态度没有必然联系，但为什么和人们的直 观感觉不一样呢，是因为这个坏印象是cumulated的，所以要卖的更好，发展电子商务的话，就必须投资建更好地SERVER
第三段 ：虽然delay 一项  但是如果delay 一再重复 那么消费者可能会对retail 有意见   所以呢  工厂还是要1  减少每一页的信息量来提升速度  2或者去提高自己server 的能力什么的  来避免delay
问题，
1、        这篇文章MAIN IDEA
2、         从那两个哥们的研究结果中你能INFER什么
3、         infer customer 对delay 态度

选的是  如果delay 次数太多  可能会不高兴  
（选项是关于什么 有delay 会对retail没有好印象什么的   不选 因为第二段说了一般来说是不会的  ）
作者对这个delay的态度   
lz选的是  工厂还是要尽量的减少delay数目

linda513

1.1.6美国经济调查
还有个阅读讲什么最近美国经济调查的结果说，家庭（注意是家庭）收入比多少多少年前才增长了一点点，（反正开始用词特别诡异，讲得云里雾里的，不过耐心看 到后来还是很简单的）
有个人说这个结果不靠谱，光看了家庭收入的增长，没看见家庭收入发展前景的增长，说什么自己做了个研究，研究了10年间吧人们收入 的变化，开始最低的那15个人后来只有5%还是最低，其他95%都增长了，有几个还到了前几名，然后就用个人收入的增长类比前面的家庭收入调查
又有一个哥们出来说，你这个也不对（疯了~~~~~），你类比错误，比如你个人调查里面还包括了打工的学生，这些人肯定收入最低，只要他们一出社会，收入 立马飙升，所以你这个也是错的
然后问题就问，
1、第二个人指出了第一个人的什么错误啊  
2、 第一个人最concern什么啊。。

linda513

1.1.7 市场管理 Market regulation *
第一段：列出影响market 的三个因素。解释第一个和第三个因素。（第二个因素跟government有关）最后一句，转折说要不要government搞regulation呢？
第二段就讨论市场怎样自己regulate。虽然怎样，但是被克服。
考古
股票市场self-regulation管理机制第一段是说一个efficient self-regulated market 应该具备3个条件，然后就说股票市场达到了第一和第三个条件，但是未必能达到第二个条件(regulator has motivation to regulate the market)
第二段就分析说表面上看来，股票市场其实是达到了第二个条件的。但是如果board of governance 觉得这个条件和他们自己的利益有冲突，他们就未必会履行他们的责任。
问题有
1) 作者对于股票市场的看法
2) 在什么情况下board of governance will fail to 履行他们的责任
V2 (V34)
第一篇：股票市场self-regulation。只记得一个问题：文章主旨。我选的分析一个特定市场的self-regulation的其中一个因素（大概是这个意思，反正就是主要与第二个因素相关的那个选项,另外有个选项挺迷惑的，说的是define 一个特定市场的self-regulation的3个因素，当时犹豫了一会，觉得define不对，而且后面第二段全在讲因素二，所以就选了D了）
V3
1. 主旨题：我选一个选项有debatable的 因为第一段有提到第二个prerequisite 是detabable的
2. the self-regulation or act (记不清是哪个了）will fail if which of the following happen? 我选 some stock brokers have their common interest的 意思就是他们根据自己的利益行动 。。不确定哦~~
OLD JJ
控制证券市场的因素有三个，其中第二个是不确定的，第二段针对这个不确定性进行讨论
V2
还有个RC，就是JJ的股票3条件。第二条件Dedatable。
第一段很清晰，说Stock Exchange主要有3条件。列出1，2，3。然后说1，3满足没问题，条件2 有争议。
第二段就详细扩展一下为啥条件2可能不满足，大家详看JJ。
V
还有一个关于stock exchange market的管理机制的，首先提出需要满足3个前提条件，第一个第三个都可以满足，第二个好像debatable，一直就讲第二个为什么debatable。
V
如果一堆公司（或一堆其它的组织，不记得了）要有自我约束力，必须要符合三个条件：
1）有一个union (类似行业协会)；
2）这个union必须有监管其会员的动机；
3）这个union要有执行约束的力量。股票市场就是基本符合这三个条件的例子。
1）有union - 证监会；
2）由执行约束的力量 - 上市公司都要看证监会的批准才能在股票市场上流通。股票市场唯一不太符合的地方是第二个条件: 2) 在没有政府法规的情况下，证监会未必有监管其会员的动机。
（第二段我看得不清楚，以为当时时间很赶）讲了股票市场有一大群经纪人，都是被利益驱动的，这些经纪人没有理由去提那些对他们没有好处的监管条例。作者呼吁少数比较权威的人士能站出来对股票市场经销监管。不过到目前为止，这种现象还没有发生。（again, 第二段我看得不清楚，请同学自己考试时重新详阅）。
V
说的是一个市场怎么样会self-regulation。两段。
第一段提出了自我调节的三个必须条件prerequisite：1、association 2、组织有动机的(好像是motive这个字)管理和调节其members' behavior 3、是有强大的power来促使市场自我调节。然后说美国的stock market to see whether regulation really works。分析美国的stock market第一点（因为它是associated）和第三点都符合，第二点有争议debatable。就是市场到底能不能足够被motivated to self-regulation，目前尚无证据，这边带出一句in the recent absence of existing self-regulation (好像后面有态度题，就是其实作者认为目前是没有self-regulation的，多加注意。)
第二段就讲为什么有争议，为什么第二个prerequisite无法达成。一开始就说 in principle (这边关系到结论，及题目问的主题，因为作者似乎也只是假设一个情况)，若市场不自律，投资人就不喜欢买股票，交易量萎缩啦等等…但实际上仍没出现自律是为什么呢? 然后说是因为目前一些不法的行为没有被规范啦，还有市场上只有遇到共同的利益才会团结起来做些事 (问了一题在什么情况下政府的stock market的self-regulation会fail，我是定位在这儿，也不知对了没)，所以基本上市场不会挺想去自律。之后作者说如果给予政府一些条件，政府可以来规范市场。不过最后还是理论可行，实际上是没证据支持的。 所以只有within a system that checks and balances harmonizes the conflict interest(或其它表示利益的字)有点记不清了,大概是说只有在协调了多边利益冲突的情况下,政府才会对其内部违规的成员进行管制和规范，所以得出结论第二个prerequisite不成立
问题1、有道primary purpose的题
问题2、在什么情况下政府的stock market的self-regulation会fail（好像是）
问题3、the author 对stock exchange 持什么观点  
问题4、为什么市场不能自我监管  （见谅，记不太清了）
问题5、stock broker的特点
题目还挺绕的，但都出在第2段
V
第一段：写了有三种因素可以影响stock exchange: union; 市场的监管（self-regulation）和这个union要有执行约束的力量。然后说1和3基本上都被操盘手满足了，但是2却从理论上说是好的，但实际是很模糊的,也就是说self-regulation很难确定。
第二段：全都在写2，in theory, 市场的监管会punish dishonest，但是有一些会逃避监管，造成investors的缺乏信心，并且没有明细的regulatory来制约他们，所以最后呼吁一下。最后说这个因素还是不能最终确定是否有效。
考了主题题，还有问infer
V
政府对行业规范管理的限制条件有三条，其中第二条在实施中存在问题。例如在证券行业，管理部门有权利规范买卖行为，但是broker们相当diversify，总是根据自己的利益决定行动（有题问管理部门遇到的障碍，我答broker怎么怎么样，原文改写）因此理想的管理模型虽然好，但是没有实际实现过）
考题
Q1. 有道primary purpose的题
Q2. 态度题/ the author 对stock exchange 持什么观点
就是其实作者认为目前是没有self-regulation的，多加注意。
Q3. 问了一题在什么情况下政府的stock market的self-regulation会fail/ 为什么市场不能自我监管  
定位第二段
Q4. 有题问管理部门遇到的障碍
我答broker怎么怎么样，原文改写
O5、stock broker的特点
答案推测：broker们相当diversify，总是根据自己的利益决定行动