Question: I'm taking a test and have to guess the right answer to the question after the article. Article: Cities with high levels of homeownership--in the range of 75%, like Detroit and St. Lous -had on average considerably lower levels of economic activity and much lower wages and incomes. Far too many people in financial problems are trapped in homes they can't sell, unable to move on to new centers of opportunity. The cities and regions with the lowest levels of homeownership--in the range of 55% to 60% like Los Angeles and New York--had healthier economies and higher incomes. They also had higher levels of happiness and well-being. I was shocked to read these interesting points that Richard Florida made in his recent article. Let me try to understand. The people in Detroit and St. Louis are less happy than the people in New York, and Los Angeles. And, the reason is because of home ownership rates? First, to compare them to New York City (the economic capital of the world), Los Angeles (the entertainment capital of the world) seems unfair. Most people in almost any other city in the world might be less happy! Next, let's try a different way of determining whether renters are happier than homeowners. Why don't we ask them? Fannie Mae's National Housing Survey 2010 reported: 75% of current renters believe owning a home makes more sense. 67% plan to buy a home at some point in the future. When they asked current renters for the major reason to buy a house, these were their answers (they could pick several answers): 78% said it was a good place to raise children. 75% said because they would feel safe. 70% said because you have control your own space. If you believe renters are happier, you would also have to believe the majority enjoy living in a less safe environment, which wouldn't be a good place to raise children and would be a place where they have less control of their space. ks5u Question: Which of the following is a fact? Options: A: People in Los Angeles earn high incomes because of its low homeownership rate. B: New York's low homeownership rate increases people's happiness levels. C: Detroit's high level of homeownership causes its economic problems. D: St. Louis has a higher level of homeownership than Los Angeles.
Answer: D

Question: I'm taking a test and have to guess the right answer to the question after the article. Article: China Merchants Bank Co Ltd has teamed up with ride-hailing major Didi Kuaidi to provide automobile financing and expand its reach in China's booming mobile payment industry. The two have inked a comprehensive partnership, which includes a strategic investment by the former in the latter. Under the partnership, CMB will become the first bricks-and-mortar bank that can offer in-app credit card payments to Didi users. At present, users of Didi can only choose third-party payment solutions like WeChat Payment and Alipay to pay cab fares. Zhao Ju, vice-president of CMB, said the cooperation with Didi was an important step in its mobile Internet finance strategy. "CMB's mobile payment is going to enter a new chapter by leveraging Didi Kuaidi's vast user base," he said. According to a report by China Internet Network Information Center earlier this month, Didi holds 87.2 percent of China's private car hailing market. The company said it has received 1.43 billion car-hailing requests on its platforms in 2015, which means 1.43 billion payments were made via smartphones. CMB is expected to use Didi to reach the core users of China's mobile payment market. Jean Liu, president of Didi, said many of the expats prefer payment by credit card rather than Alipay or WeChat. "The new partnership will help improve service quality and customer loyalty," she said. The investment makes CMB part of Didi's existing investors, including Tencent Holdings Ltd, Alibaba Group Holding Ltd and China Investment Corporation. Both of the companies declined to reveal the actual amount of the investment. Liu, who showed up on Tuesday for the first time in public after her treatment for breast cancer, said the cooperation with CMB is for the long run and "the capital investment is only part of it". Under the partnership, CMB and Didi will cooperate on a wide range of initiatives on financial services and online-to-offline cooperation. Apart from the in-app credit card payments, the two companies are going to launch joint credit cards in late... Question: What can be inferred from the passage? Options: A: CMB's mobile payment is going to enter a new chapter. B: China's traditional banking industry is facing fierce Internet finance competition. C: CMB and Didi will have a online-to-offline cooperation. D: Mobile payment market is donated by Alibaba and Tencent.
Answer: B

Question: I'm taking a test and have to guess the right answer to the question after the article. Article: WASHINGTON The head of the World Bank says for the first time in human history, it is possible to end poverty around the world. Jim Yong Kim told a Washington audience Tuesday, he wants to make ending world poverty by 2030 a top goal for the bank and governments around the world. World Bank President Jim Yong Kim says that the problems of poverty, hunger and inequality are wide, urgent and a matter of survival of millions. "We know that despite the great successes of the last decade, there are still about 1.3 billion people living in extreme poverty, 870 million who go hungry every day, and 6.9 million children under five dying every year," he said. But Kim told a Washington audience that the previous successful efforts to cut the number of people living in extreme poverty by half give them hope. "We are at an moment in history, when the successes of past decades and an increasingly favourable economic outlook combine to give developing countries a chance-for the first time ever-to end extreme poverty within a generation," he said in a speech at Georgetown University. "Our duty now must be to ensure that these favourable circumstances are matched with deliberate decisions to realize this historic opportunity." Kim says success will require increasing the speed of economic growth, particularly in South Africa and South Asia. But he warned that civil unrest could happen if economic growth does not help people at all income levels, and also include women and youth. Kim says that the World Bank and other development agencies will have more resources to get this job done right. "Meeting this 2030 goal will take extraordinary effort," he said. However, Kim warned that all the progress in fighting poverty could be destroyed by climate disasters unless the nations of the world do more to prevent climate change. Question: What's the passage mainly about? Options: A: The key of ending world poverty is preventing climate change. B: A top goal-ending world poverty will possibly be achieved by 2030. C: The success of ending poverty-economic growth. D: The progress in fighting poverty.
Answer:
B