PassageTwoQuestions57to61arebasedonthefollowingpassage.Therearefewmoresoberingonlineactivitiesthanenteringdataintocollege-tuitioncalculatorsandgaspingastheWebspitsbackasix-figuresum.Buteconomistssayfamiliesabouttogointodebttofundfouryearsofpartying,aswellasstudying,canconsolethemselveswiththeknowledgethatcollegeisaninvestmentthat,unlikemanybankstocks,shouldyieldhugedividends.A2008studybytwoHarvardeconomistsnotesthatthe“labor-marketpremiumtoskill”—ortheamountcollegegraduatesearnedthat’sgreaterthanwhathigh-schoolgraduateearned—decreasedformuchofthe20thcentury,buthascomebackwithavengeance(报复性地)sincethe1980s.In2005,Thetypicalfull-timeyear-roundU.S.workerwithafour-yearcollegedegreeearned$50,900,62%morethanthe$31,500earnedbyaworkerwithonlyahigh-schooldiploma.There’snoquestionthatgoingtocollegeisasmarteconomicchoice.Butalookatthestrangevariationsintuitionrevealsthatthechoiceaboutwhichcollegetoattenddoesn’tcomedownmerelytodollarsandcents.DoesgoingtoColumbiaUniversity(tuition,roomandboard$49,260in2007-08)yielda40%greaterreturnthanattendingtheUniversityofColoradoatBoulderasanout-of-statestudent($35,542)?Probablynot.Doesbeinganout-of-statestudentattheUniversityofColoradoatBoulderyieldtwicetheamountofincomeasbeinganin-statestudent($17,380)there?Notlikely.No,inthisconsumeristage,mostbuyersaren’tevaluatingcollegeasaninvestment,butratherasaconsumerproduct—likeacarorclothesorahouse.Andwithsuchpurchases,priceisonlyoneofmanycrucialfactorstoconsider.Aswithautomobiles,consumersintoday’scollegemarketplacehavevastchoices,andpeoplesearchfortheonethatgivesthemthemostcomfortandsatisfactioninlinewiththeirbudgets.Thisaccountsforthewillingnessofpeopletopaymorefordifferenttypesofexperiences(suchasattendingaprivateliberal-artscollegeorgoingtoanout-of-statepublicschoolthathasagreatmarine-biologyprogram).Andjustastwoautopurchasersmightspendanequalamountofmoneyonverydifferentcars,collegestudents(or,moreaccurately,theirparents)oftenshowawillingnesstopayessentiallythesamepriceforvastlydifferentproducts.Sowhichisit?Iscollegeaninvestmentproductlikeastockoraconsumerproductlikeacar?Inkeepingwiththeautomotiveworld’shottestconsumertrend,maybeit’sbesttocharacterizeitasahybrid(混合动力汽车)anexpensiveconsumerproductthat,overtime,willpayrichdividends.注意:此部分试题请在答题卡2上作答。第44题What’stheopinionofeconomistsaboutgoingtocollege? A: Hugeamountsofmoneyisbeingwastedoncampussocializing. B: Itdoesn’tpaytorunintodebttoreceiveacollegeeducation. C: Collegeeducationisrewardinginspiteofthestartlingcosts. D: Goingtocollegedoesn’tnecessarilybringtheexpectedreturns.
PassageTwoQuestions57to61arebasedonthefollowingpassage.Therearefewmoresoberingonlineactivitiesthanenteringdataintocollege-tuitioncalculatorsandgaspingastheWebspitsbackasix-figuresum.Buteconomistssayfamiliesabouttogointodebttofundfouryearsofpartying,aswellasstudying,canconsolethemselveswiththeknowledgethatcollegeisaninvestmentthat,unlikemanybankstocks,shouldyieldhugedividends.A2008studybytwoHarvardeconomistsnotesthatthe“labor-marketpremiumtoskill”—ortheamountcollegegraduatesearnedthat’sgreaterthanwhathigh-schoolgraduateearned—decreasedformuchofthe20thcentury,buthascomebackwithavengeance(报复性地)sincethe1980s.In2005,Thetypicalfull-timeyear-roundU.S.workerwithafour-yearcollegedegreeearned$50,900,62%morethanthe$31,500earnedbyaworkerwithonlyahigh-schooldiploma.There’snoquestionthatgoingtocollegeisasmarteconomicchoice.Butalookatthestrangevariationsintuitionrevealsthatthechoiceaboutwhichcollegetoattenddoesn’tcomedownmerelytodollarsandcents.DoesgoingtoColumbiaUniversity(tuition,roomandboard$49,260in2007-08)yielda40%greaterreturnthanattendingtheUniversityofColoradoatBoulderasanout-of-statestudent($35,542)?Probablynot.Doesbeinganout-of-statestudentattheUniversityofColoradoatBoulderyieldtwicetheamountofincomeasbeinganin-statestudent($17,380)there?Notlikely.No,inthisconsumeristage,mostbuyersaren’tevaluatingcollegeasaninvestment,butratherasaconsumerproduct—likeacarorclothesorahouse.Andwithsuchpurchases,priceisonlyoneofmanycrucialfactorstoconsider.Aswithautomobiles,consumersintoday’scollegemarketplacehavevastchoices,andpeoplesearchfortheonethatgivesthemthemostcomfortandsatisfactioninlinewiththeirbudgets.Thisaccountsforthewillingnessofpeopletopaymorefordifferenttypesofexperiences(suchasattendingaprivateliberal-artscollegeorgoingtoanout-of-statepublicschoolthathasagreatmarine-biologyprogram).Andjustastwoautopurchasersmightspendanequalamountofmoneyonverydifferentcars,collegestudents(or,moreaccurately,theirparents)oftenshowawillingnesstopayessentiallythesamepriceforvastlydifferentproducts.Sowhichisit?Iscollegeaninvestmentproductlikeastockoraconsumerproductlikeacar?Inkeepingwiththeautomotiveworld’shottestconsumertrend,maybeit’sbesttocharacterizeitasahybrid(混合动力汽车)anexpensiveconsumerproductthat,overtime,willpayrichdividends.注意:此部分试题请在答题卡2上作答。第44题What’stheopinionofeconomistsaboutgoingtocollege? A: Hugeamountsofmoneyisbeingwastedoncampussocializing. B: Itdoesn’tpaytorunintodebttoreceiveacollegeeducation. C: Collegeeducationisrewardinginspiteofthestartlingcosts. D: Goingtocollegedoesn’tnecessarilybringtheexpectedreturns.