The speech was very ________ , and we we

收容教养的对象是( )。

A．不满14周岁的人
B．不满14周岁不予刑事处罚的人
C．不满16周岁不予刑事处罚的人
D．不满18周岁不予刑事处罚的人

阅读理解。

                                                         The Cost of Higher Education

     Individuals (个人) should pay for their higher education.

     A university education is of huge and direct benefit to the individual. Graduates earn more than non-

graduates. Meanwhile, social mobility is ever more dependent on having a degree. However, only some

people have it. So the individual, not the taxpayers, should pay for it. There are pressing calls on the

resources (资源) of the government. Using taxpayers' money to help a small number of people to earn

high incomes in the future is not one of them.

     Full government funding (资助) is not very good for universities. Adam Smith worked in a Scottish

university whose teachers lived off student fees. He knew and looked down upon 18th-century Oxford,

where the academics lived comfortably off the income received from the government. Guaranteed salaries,

Smith argued, were the enemy of hard work; and when the academics were lazy and incompetent, the

students were similarly lazy.

     If students have to pay for their education, they not only work harder, but also demand more from

their teachers. And their teachers have to keep them satisfied. If that means taking teaching seriously,

and giving less time to their own research interests, that is surely something to celebrate.

     Many people believe that higher education should be free because it is good for the economy (经济).

Many graduates clearly do contribute to national wealth, but so do all the businesses that invest (投资)

and create jobs. If you believe that the government should pay for higher education because graduates

are economically productive, you should also believe that the government should pay part of business

costs. Anyone promising to create jobs should receive a gift of capital from the government to invest.

Therefore, it is the individual, not the government, who should pay for their university education.

1. The underlined word "them" in Paragraph 2 refers to _____.[ ]

A. taxpayers

B. pressing calls

C. college graduates

D. government resources

2. The author thinks that with full government funding _____.[ ]

A. teachers are less satisfied

B. students are more demanding

C. students will become more competent

D. teachers will spend less time on teaching

3. The author mentions businesses in Paragraph 5 in order to _____.[ ]

A. argue against free university education

B. call on them to finance students' studies

C. encourage graduates to go into business

D. show their contribution to higher education

操作任务按状态可分为：（）之间的互相转移，或者通过操作达到某种状态。

A.运行；

B.热备用；

C.冷备用；

D.运行、热备用、冷备用、检修状态。

N公司的李总裁正在考虑采用各种水平的债务资本。目前公司还没有负债，公司总价值为1 500万元。李总认为通过利用财务杠杆能获得的公司和个人所得税的净利益(避税利益的一个正的现值)将等于债务市场价值的20%。但是，公司关心的是破产成本和代理成本，以及如果公司借债过多，债权人会要求提高利率等问题。李总经分析认为他在不招致这些额外成本的条件下借款可达500万元。但是，在此之后每增加500万元的借款都会导致这三种成本的发生。此外，预期这些成本将随财务杠杆以递增的比率增加，预期在各种债务水平上这些成本的现值如下：
　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　 　　　　　　(单位：百万元)

债 务	5 　　10 　　15 　　20 　　25 　　30
破产成本、代理成本和利率上升成本的现值	0 　　0.6 　1.2　　 2 　　3.2 　　5

请问：该公司是否存在一个最优的债务水平如果存在，应是多少

马克思说“赋税是喂养政府的娘奶。”这说明（）

A.财政支出仅依靠税收收入

B.税收的性质是取之于民、用之于民

C.财政收入是国家实现职能的物质保证，而税收是财政收入的主要来源

D.税收具有其它财政收入形式不具有的三个基本特征