[텝스 학원] teps 2008년 3월 8일 s15 p-take 0304 R .avi

reading comprehension1. The giving of credit _______________. The creditor―that is, the one who grants the credit―allows the debtor―the purchaser who uses the credit―to own and use a commodity immediately on the basis of deferred payment of cost plus interest. How the loan is granted varies. If one buys a car, one normally gets a direct loan from a financial institution. The buyer takes possession of the car and repays the loan, with interest, over a specified number of months, Meanwhile, the financial institution retains legal ownership of the car until the loan is repaid. Buying a house, though a more complicated process, is quite similar. (a) to businesses allows them to expand their operations (b) is an important part of the policy (c) is basically the granting of a loan (d) is not available to those with poor credit records. 2. Just like today's money, gold has advantages over other kinds of goods. In particular, _______________. From the time of the ancient world, lacking today's means of transportation, its universal acceptability make it the medium of exchange in long-distance trade and among people from different cultures and countries. Even after 4,000years, since money was first invented, gold is still acceptable in any civilized society as money. Since everyone agrees it is valuable, it has universal purchasing power. (a) it can be used to purchase transportation (b) it has never lost its exchange value (c) it can be made various sizes for different values (d) it is prized for its ability to be used in jewelry 3. For every age group, ever interest, every specialty, and every taste there is a magazine. A magazine _______________. An issue of Foreign Policy is usually large enough to look like a paperback, but it is a journal. Other magazines are quite small and use much less paper than the average big-city daily newspaper. Although there are news magazines―such as Time, Newsweek, and The Economist―they are not daily but weekly publications tha...