Unit 5 Financial Management

① shopping；tuition；phone bills；car purchase； home mortgage；rent； food bills； utilities；

② transfer of account；cash；check；credit card

③stocks；insurance；mutual funds；bonds

1.virtue

2.hazard

3.compound

4.representative

5.inadequate

6.payment

7.budget

8.amount

1.glaze over

2.are obliged to

3.figure out

4.down payment

5.mount up

6.behind the eight ball

①actually → chargein

②tell → telling

③Obvious → Obviously

④off → or

⑤fortunateun → fortunate

⑥from → /

⑦for → off

⑧that → what

NIAGCBLOJM

1. 一份新的报告指出，嚼口香糖可能给健康带来危害。（hazard）

A new report suggests that chewing gum may be a health hazard.

2. 我们要求您立即付款。（payment）

We request your immediate payment.

3. 委员会最终采纳了他的建议。（ultimately）

The committee ultimately adopted his suggestions.

4. 大约50个亿万富翁占整个国家国内生产总值的20%左右。（gross）

About 50 billionaires account for 20 percent of the country’s gross domestic product GDP.

5. 你有没有决定这个学期要修哪些课程？（semester）

Have you decided on the classes you want to take this semester

自去年11月以来，中国的通货膨胀持续上扬。据NBS（国家数据局National Bureau of Statistics）表明，由于寒冬的影响，食品价格的上涨是推动一月份CPI上涨1.5%的主因。因为近年来人们的饮食和消费习惯发生了极大的改变，专家认为，为了更清晰实时地反映居民的生活总支出和经济压力的状况，CPI评估标准需要做出与实际情况相符的调整（modification）。由于房屋支出占收入的比重越来越大，因此相应的调整似乎是有必要，同时，政策的制定者要正确解读CPI及其他指标（metrics）以判断经济运行的状况（economic performance）。

China’s inflation has continued to rise since November last year. Its CPI rose 1.5 percent in January, mainly boosted by food price increases due to the cold winter weather, according to the NBS (National Bureau of Statistics). Since people’s eating and consumption habits have changed greatly in recent years, experts held that the criteria for evaluating CPI needed modification in line with actual conditions to give a clearer and real-time picture of the general living costs and financial pressure of the citizens. Housing costs occupy an increasingly bigger share of incomes, so corresponding modifications seem to be necessary, as policy-makers will read CPI and other metrics for judging economic performance.

自去年11月以来，中国的通货膨胀持续上扬。

China’s inflation has continued to rise since November last year. 

据NBS（国家数据局National Bureau of Statistics）表明，由于寒冬的影响，食品价格的上涨是推动一月份CPI上涨1.5%的主因。

Its CPI rose 1.5 percent in January, mainly boosted by food price increases due to the cold winter weather, according to the NBS (National Bureau of Statistics). 

因为近年来人们的饮食和消费习惯发生了极大的改变，专家认为，为了更清晰实时地反映居民的生活总支出和经济压力的状况，CPI评估标准需要做出与实际情况相符的调整（modification）。

Since people’s eating and consumption habits have changed greatly in recent years, experts held that the criteria for evaluating CPI needed modification in line with actual conditions to give a clearer and real-time picture of the general living costs and financial pressure of the citizens. 

由于房屋支出占收入的比重越来越大，因此相应的调整似乎是有必要，同时，政策的制定者要正确解读CPI及其他指标（metrics）以判断经济运行的状况（economic performance）。

Housing costs occupy an increasingly bigger share of incomes, so corresponding modifications seem to be necessary, as policy-makers will read CPI and other metrics for judging economic performance.