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
47
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
Noonewhoreadsthenewspaperscandoubttheseriousnessofcrimeinthisc
[originaltext]IfanewideainAmericabecomesalaw,peoplewhosufferfro
《劳动法》规定:劳动卫生设施必须符合()规定的标准。A.国家 B.行业 C
最早出现医学伦理学起源的是A.英国 B.美国 C.埃及 D.古希腊 E.
审计报告按照详略程度可以分为:A.简式审计报告和详式审计报告 B.评估报告和验
从规划的期限上看,人力资源规划可以区分为()A:长期规划 B:中长期规划 C
劳动安全卫生保护费用包括( )。A.教育培训费 B.人工成本费 C.工伤保
急性肾小管坏死的发病机理有 A.肾缺血B.肾中毒C.原尿外漏D.肾小管阻塞
共用题干 一般资料:求助者,男性,42岁,硕士研究生,公司高级管理人员。案例介
在项目成本分析的依据中,既可对已经发生的经济活动进行核算,又可对尚未发生的经济活
最新回复
(
0
)