Read the following passage and fil in the blank with appropriate words given in the box. Some words will not be used. (above, also, boom, case, cited, dependent, from, however, reach, standing, set, terms, way, what, who) The yacht business reflects a new arms race breaking out among the wealthy. With the population of millionaires soaring to more than two million in the US, the rich are finding it harder to (1) ___________ themselves apart. Many are turning to supersize luxury consumer products to rise _____________the pack. Today’s super-wealthy, and the companies that serve them, are creating a whole new category of high-end products that are priced beyond the ___________ of mere millionaires. The luxury _____________stems from a huge increase in personal fortune. A generally rising stock market, soaring executive compensation, higher real-estate values and lower taxes on the wealthy in 1990s are all (5) ___________as explanation for the rising wealthy. ____________ more and more entrepreneurs who started family businesses after World War II are cashing out because of industry consolidation. Today’s instant multimillionaires tend to be younger than the rich of the past, and more likely to splurge on lifestyle goods to differentiate themselves from hoi polloi (普通的) affluent people. Edward N. Wolff, a professor of economics at New York University who studies wealth, likens modern-day big spenders to nobles at the court of France’s Louis XIV, who reigned from 1643 to 1715. To ensure the noble's loyalty, Louis continually raised the "entry price" of being in his court, requiring them to wear increasingly expensive clothes and keep larger and larger homes. The nobles' need for greater wealth made them even more ___________ on the king's good graces, and left them less money to spend on arms. Today, Mr. Wolff says, it's the wealthy themselves ____________ are bidding up the price of being on top. “For the wealthy to keep their status, they have to compete in ____________ of luxury consumption,” Mr. Wolff says. “The mere fact that this group can pay these prices becomes an indicator of social ______________.”