1. Read and retell the text gm to close plant in Germany

57. Answer the following questions according to the text 
1. Where are stocks bought and sold? 
a Through companies 
b Over the phone, through a 24/7 hotline 
c From company employees, managers or members of the Board of Directors 
d Through stock exchanges, with the assistance of a licensed stockbroker, brokerage 
firm, and/or brokerage website 
2.What is a bond? 
a Essentially the same thing as a stock 
b A piece of debt purchased and compensated for through interest paid to purchasers 
c A publicly traded piece of a company 
d A short-term investment 
3. How large are dividends, typically? 
a 55% of total investment 

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b 75% of total investment 
c 95% of total investment 
d It depends, but usually a very small percentage of total investment 
4.What is one key benefit of purchasing a bond? 
a Not having to worry about a company's performance, in relation to being paid 
b Being free to sell as is personally convenient, with no penalty 
c Making a substantial amount of money in as little as a few days 
d. Being able to show-off to friends and family members 
5.Why is it a good idea to invest in stocks and bonds? 
a Doing so wisely will increase one's worth 
b Doing so may help expedite one's retirement savings status 
c Doing so allows one to be an active member of the financial sphere 
d All of the above 
58. Read and retell the text 
The struggling Spanish economy 
Spain's borrowing costs shot up at a bond auction on Thursday, after economic 
data confirmed the country is back in recession and reports of an outflow of deposits 
from nationalized Bankia hammered its share price. 
The Spanish Treasury had to pay around 5 percent to attract buyers of three- 
and four-year bonds. The longer-dated paper sold with a yield of 5.106 percent, way 
above 
the 
3.374 
percent 
the 
last 
time 
it 
was 
auctioned. 
"This ... fits the pattern of recent sales, with the Spanish treasury successfully 
getting its supply away but at ever-higher yields," said Richard McGuire, rate 
strategist at Rabobank in London. 
"This unfavorable trend looks set to remain firmly in place ... Ultimately, this 
ratcheting up of yields will likely require some form of outside intervention," 
McGuire said. 
Spanish Prime Minister Mariano Rajoy said on Wednesday his government, 
struggling to reduce its budget deficit, could soon find it difficult to fund itself 
affordably on the bond market unless the pressure eases. 
His finance minister, Cristobal Montoro, meets heads of finance of all 17 
regions later to review their budget plans which are a crucial plank of the drive to 
lower public debt. 

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The European Commission warned last week that stubbornly high debts in 
the regions and the welfare system would prevent Spain meeting its deficit goal of 5.3 
percent of GDP this year. 
Spain's 10-year yields have spiked back above 6 percent, which investors 
view as a pivot point that could accelerate a climb to 7 percent, a cost of borrowing 
widely seen as unsustainable even though Madrid has sold well over half its debt 
needs for the year.