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［B］ the statistics on home prices.
［C］ the boom of housing market. ［D］ the degree of consumer spirits.
32. According to the writer， what may be chiefly responsible for the “umbrella effect” （Paragraph 2）?
［A］ Sustainable bond markets. ［B］ Robust housing market.
［C］ Bubbly stock markets. ［D］Ill-natured consumers.
33. By the expression “zero-sum boom” （Paragraph 3）， the writer means
［A］ housing's continued strength and the persistent weakness may cancel each other out.
［B］ there are signs that improved consumer mood fails to help sustain housing's strength.
［C］ stock price' negative growth will ultimately offset housing market's positive strength.
［D］ higher mortgage interest rates are compatible with the recovery of the economy.
34. It is implied in the passage that the economy in the year 2003 may
［A］ grow moderately. ［B］ struggle to its feet.
［C］ heat up too fast. ［D］ continue to boom.
35. What is the writer's attitude toward future housing market?
［A］ Carefree. ［B］ Optimistic.
［C］ Composed. ［D］ Gloomy.
Text 4
In promising to fuse media as diverse as television， telephone communication， video games， music and data transmission， the era of digital convergence goes better than yesterday's celebrated “information superhighway”. Yet achieving this single technology is far from straightforward. There are currently three major television broadcast standards， and they are all incompatible with each other. But this is nothing compared to the many technologies supporting the Internet， each with a different bandwidth and physical media. The problems faced in designing platforms and communication systems that will be accepted across the world can appear insuperable.
Even once global standards are assured， however， a further obstacle lies in wait. The Internet is plagued by long， erratic response times because it is a pull-technology， driven by patterns of user demands. Push technology， on the other hand， reverses the relationship: servers simply send information to passive users， as in television and radio. But if some form of combination between one-way television flow and interactive Internet is to be the basis of our future media， it is hard to see how it could be operated. Moreover， the problem of fusing Internet with television is also one of defining the services offered. Information， entertainment and relaxation appear at first to be quite different needs. Serious doubts remain over whether consumers will be interested in having to make the sort of mental effort associated with computing while also settling down in front of a sitcom.
Besides the issue of consumer habits， infrastructure costs are set to be immense， and will have to be met by national states or the private sector before being passed on to users. Platforms do not necessarily have to be expensive. The mobile phone is a good example of how something that is technologically sophisticated can almost be given away
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