English Lessons

DIRECTIONS: Read the following and answer the questions?
http://www.americanenglishconversation.com/
http://www.freeenglishconversation.blogspot.com/


High gas prices are driving a wider wedge between the wealthy and everybody else.
The rich are back to pre-recession-style splurging: Saks Fifth Avenue and Nordstrom customers are treating themselves to luxury items like $5,000 Hermes handbags and $700 Jimmy Choo shoes, and they're paying full price.
At Target and Walmart, shoppers are concentrating on groceries and skipping even little luxuries. BJ's Wholesale Corp. said Wednesday that its customers are buying more hamburger and chicken and less steak and buying smaller packs to save money.
"The average shopper isn't in the game, except for necessities," said Faith Hope Consolo, chairman of retail leasing and marketing at Prudential Douglas Elliman. At the same time, among the rich, "Luxury products are selling like bread."
J.C. Penney, Wal-Mart and home-improvement retailer Lowe's Cos. all said they're noticing their customers are consolidating shopping trips to save money on gas as the average price hovers near $4 a gallon.
More than a half-dozen corporate earnings reports this week show that, for the affluent, rising prices are merely a nuisance. For others, they can mean scrimping to put food on the table.

1. Are the rich only buyinmg what they need?
A. TRUE.
B. FALSE.

2. What type of luxury items are the rich buying?
A. Hermes handbags.
B.  Jimmy Choo shoes.
C. All of the above.