首页
登录
职称英语
(1)The dramatic collapse in American consumer confidence, following the Worl
(1)The dramatic collapse in American consumer confidence, following the Worl
游客
2024-09-15
32
管理
问题
(1)The dramatic collapse in American consumer confidence, following the World Trade Center attack, increases the likelihood that the US economy will slide into recession. It’s not a nice message, but there’s no point in ignoring life’s harsh realities.
(2)America’s economy had been dragged along for nearly 18 months by the refusal of US consumers to face up to the fact that they were spending more than they were earning, share prices(especially in the high-tech sector)were in retreat, corporate America was cutting investment, and US unemployment was about to rise. The devastation wrought by the suicide killers has shaken American consumers from their state of denial. In Europe too, consumers have been rattled by the Manhattan atrocity and President Bush’s subsequent determination to hunt down the killers. A survey by a research group on behalf of the European Commission shows consumer confidence falling across the eurozone countries.
(3)But it’s America that is the greatest cause for concern. When the US stops spending, the rest of the world suffers. It imports more than any other country. In Britain, for example, Americans represent a big chunk of the tourism market, especially in London. The US is also crucially important to British-based car manufacturers, such as Jaguar and Land Rover, which seem certain to feel the pinch along with other luxury brands. This economic slowdown is not the creation of fevered press minds; it’s real and it’s now. That’s why the US government is considering a $100 billion revival package, including cuts in capital gains taxes and corporate taxes, to stimulate demand. Likewise, central banks in America, Europe and Britain have trimmed interest rates to beat off a credit crunch and lubricate the wheels of commerce. Their swift action is a tacit admission that a deep recession is possible, if not probably.
(4)Leading US investment bank, Morgan Stanley, told the Financial Times, "Never in their lifetimes have so many Americans feared for their safety in going to work, taking time off, or in procuring their daily needs." Stock markets, where most international indexes are about 30% below their 1999-2000 peaks, are telling us that corporate earnings are likely to be much lower than analysts had expected. Some sectors, such as airlines, hotels and insurance will be driven deep into loss.
(5)There is also a share-price discount for uncertainty, the biggest element of which is the extent of American military actions. Until the scale of the Middle East conflict becomes clear, investors will continue to shun the risk of equities for the certainty of cash and government bonds. Recovery will come. It always does. But a swift return to the go-go days of the late 1990s is inconceivable. [br] What does the author think about the future of the economy?
选项
A、He expects that the economy won’t relate to military actions.
B、He expects that the economy will be better than the late 1990s.
C、He is affirmative that the economy will revive.
D、He is uncertain whether the economy will revive.
答案
C
解析
最后一段第3、4句表明作者相信经济在将来一定会复苏,所以本题应选C。最后一段开头两句提到了军事行动对股票、投资等产生影响,也提及军事局势明朗后,投资者就能恢复信心,但这不意味着作者认为将来的经济会与军事脱离关系,因此A不正确;B中的better than...属于随意比较,文中并没有比较的依据:D与原文内容相反,事实上原文作者他很确定经济一定会复苏。
转载请注明原文地址:https://tihaiku.com/zcyy/3759780.html
相关试题推荐
(1)ThedramaticcollapseinAmericanconsumerconfidence,followingtheWorl
(1)ThedramaticcollapseinAmericanconsumerconfidence,followingtheWorl
PASSAGEFOUR[br]Whatdoestheauthorintendtorevealinthispassage?Consumer
RichAmericansarewillingtotakeconspicuousconsumptiontonewheightsby
RichAmericansarewillingtotakeconspicuousconsumptiontonewheightsby
RichAmericansarewillingtotakeconspicuousconsumptiontonewheightsby
RichAmericansarewillingtotakeconspicuousconsumptiontonewheightsby
AccordingtotheAmericanCollegeHealthAssociation’smostrecentannualna
Americansoftensaythatthereareonlytwothingsapersoncanbesureofi
YoungerAmericanswillhavetotakeourwordforit;therewasatime,wayb
随机试题
FightinginNatureInnature,fightingissuchanever-p
某台边界路由器下有如下四段地址,172.16.192.1/24,172.16.1
小强平时读书很用功,认真听讲,及时完成作业,对所学知识能够自觉复习,看了一遍又一
根据《私募投资基金募集行为管理办法》对风险揭示的相关规定,()应作为特殊风险事项
共用题干 MauPiailug,OceanNavigatorMausai
10个月患儿。平时少晒太阳,近2个月来烦躁、易哭、多汗;查体见方颅,前囟3cm,
如下图所示,正方形ABCD的边长为5cm,AC、BD分别是以点D和点C为圆心、
A.发散 B.条件收敛 C.绝对收敛 D.无法判定
大事记是各级党政机关、人民团体、企事业单位以时间为线索记载一个地区、一个机关、一
睾酮生理作用,下列叙述不正确的是A、影响胚胎分化 B、维持生精作用 C、促进
最新回复
(
0
)