首页
登录
职称英语
[originaltext] (16)The US housing sector usually leads the rest of the econ
[originaltext] (16)The US housing sector usually leads the rest of the econ
游客
2023-08-16
65
管理
问题
(16)The US housing sector usually leads the rest of the economy out of recession. But that is happening much more slowly than usual in the wake of the latest downturn. That is because the housing industry is burdened by a huge number of bad loans that have caused a financial, bureaucratic, and economic mess. Problems in the US housing sector are slowing the economic recovery in the world’s largest economy, and elsewhere.
(17)Deborah Harris faces possible eviction from the home she has owned for the past 17 years, after failing to make some of her mortgage payments.
Harris was a paramedic with Washington’s Fire Department.
" You are about to lose your home. It’s nowhere else to go. I don’t have any husband, I don’t have any children. I’ve worked 23 years in the Fire Department, saving lives, keeping people alive, and here I am retired, and I don’t have a place to stay. Come on. I mean, that’s ridiculous," Harris said.
Harris won awards and promotions for her service on an ambulance, but stopped working after she was hurt carrying a large patient.
It took many months of doctors’ exams and filing paperwork to convince officials she was entitled to a pension. During that period without pay, she fell behind on her mortgage.
The financial crisis that started in 2007 brought rising unemployment, falling home values and surging foreclosures.
Foreclosure specialty firm RealtyTrac says foreclosures soared to more than one million a year at the peak of the crisis, from about 200,000 in an average year.
A slightly better economy has cut the foreclosure rate, but it will probably still hit about 700,000 this year.
The chief economist from the National Association of Realtors, Lawrence Yun, says the flood of foreclosures hurts the US economy, which cuts demand for products from other nations and slows global growth.
(18)" Foreclosure is the predominant reason for why the housing market is taking a long time to recover," Yun said. "Historically, the housing market always leads the economy, so when the housing market goes down, the economy goes into a recession. When the housing market recovers, economy comes out of recession. "
Questions 16 to 18 are based on the recording you have just heard.
16. Which sector usually leads the rest of the US economy out of recession?
17. Why does Deborah Harris face possible eviction from her home?
18. According to Lawrence Yun, what’s the predominant reason for the slow recovery of the housing market?
选项
A、The military sector.
B、The IT sector.
C、The housing sector.
D、The financial sector.
答案
C
解析
转载请注明原文地址:https://tihaiku.com/zcyy/2932387.html
相关试题推荐
[originaltext]Nowlistentothefollowingrecordingandanswerquestions23to
[originaltext]Nowlistentothefollowingrecordingandanswerquestions20to
[originaltext]Nowlistentothefollowingrecordingandanswerquestions20to
[originaltext]Nowlistentothefollowingrecordingandanswerquestions16to
[originaltext]Nowlistentothefollowingrecordingandanswerquestions16to
[originaltext](12-1)Swedishfathersfromnextyearwillreceiveathirdmo
[originaltext](12-1)Swedishfathersfromnextyearwillreceiveathirdmo
[originaltext](12-1)Swedishfathersfromnextyearwillreceiveathirdmo
[originaltext]Imaginehackersstealingtopsecretfilesfromamilitarybas
[originaltext]W:U.S.ConsulateinMarseilles,canIhelpyou?M:Yes,please.
随机试题
Whatcourseisthestudentinterestedin?[br][originaltext]R:Goodmorning.C
HowtoReducePresentationStress1.Causesofpresentationstress■Fearofbei
SubfieldsofLinguisticsI.SociolinguisticsFocusingo
餐馆建筑设计 任务书与解答 任务书 设计题目:餐馆建筑设计 任务耍
对一,二级抗震等级钢筋混凝土结构中钢筋分项质量验收,下列说法中正确的有()。A、
国家发展中医药的方针、政策是A:优先发展中药原则B:中西医并重的方针,鼓励中西
国家教育助学贷款包括()和财政贴息的国家助学贷款两种。A:商业性银行助学贷款B
某公司产品售价比竞争对手略低,市场占有率第_,适合该企业的企业文化包括()。
二、(81~100题)工业管道、静置设备和工艺金属结构工程安装 在相同容积和相
强制电流阴极保护系统施工时,其阳极四周应填充( )填充料。A.沙土 B.焦炭
最新回复
(
0
)