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
84
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
About25millionautoaccidentsoccurintheUnitedStateseachyear.Appro
WheredidtheUSandNorthKoreandiplomatsmeet?[originaltext]TheUSandNo
In1831whenSmithwasfinallyrecognizedbytheGeologicalSocietyofLondo
下列材料属于主要材料的有()。A.铁钉 B.水泥 C.混凝土 D.粉
办理贷款重组的条件是( )。A.借款企业出现财务恶化或其他原因而出现还款困难
成本利润率除以开发经营期的年数等于年成本利润率。( )
银行通过外汇局指定的管理信息系统办理个人购汇和结汇业务,并将办理个人业务的相关资
个人逐渐接受一定社会或群体所要求的知识经验、行为规范、价值观以及适应社会的能力的
根分叉病变治疗比较困难,近年来对Ⅱ度根分叉缺损治疗较有效的方法是A.截根术 B
BIM模型的核心元素是()。A.模型图元 B.视图图元 C.标注图元
最新回复
(
0
)