首页
登录
职称英语
The dramatic collapse in American consumer confidence, following the World T
The dramatic collapse in American consumer confidence, following the World T
游客
2024-10-04
41
管理
问题
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.
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.
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.
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.
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] After the World Trade Center attack, Americans have to face the following realities except
选项
A、the dramatic collapse in consumer confidence.
B、that they spend more than they earn.
C、that the economy slides into recession.
D、the declining investment of the business people.
答案
C
解析
本题解题的关键是理解题目中的realities,明白题目要求我们分辨哪些是已经发生了的事,哪些还没有发生。第1段首句中的likelihood“可能性”表明其后的同位语从句的内容还未发生,因此本题应选C。
转载请注明原文地址:https://tihaiku.com/zcyy/3786318.html
相关试题推荐
ThedramaticcollapseinAmericanconsumerconfidence,followingtheWorldT
ThedramaticcollapseinAmericanconsumerconfidence,followingtheWorldT
AmericansseekingjobsthissideoftheAtlanticshouldbeawarethatsometi
AmericansseekingjobsthissideoftheAtlanticshouldbeawarethatsometi
AmericansseekingjobsthissideoftheAtlanticshouldbeawarethatsometi
AmericansseekingjobsthissideoftheAtlanticshouldbeawarethatsometi
Thepooroldconsumer!He’dhavetopayagreatdealmoreifadvertisingdid
Thepooroldconsumer!He’dhavetopayagreatdealmoreifadvertisingdid
Thepooroldconsumer!He’dhavetopayagreatdealmoreifadvertisingdid
Thepooroldconsumer!He’dhavetopayagreatdealmoreifadvertisingdid
随机试题
TheUSauto-makersdecidedtostoptheiractionbecause______.[originaltext]
[originaltext]WhilepopularintheU.S.,theAprilFool’sDaytraditioni
横向导水管的主要作用是将衬砌背后地下水直接排入深埋水沟或边沟,不允许管内水渗出。
信贷资金运动以企业为轴心。()
聚维酮可用于A.制备膜剂B.制备脂质体C.制备溶蚀性骨架片D.制各不溶性骨架片E
智能化变电站辅助控制空调智能控制子系统由控制器和红外发射装置构成。
2010年,天津市全市生产总值突破9000亿元。据初步核算,并经国家统计局评估审
投资仍然是拉动中国经济增长的主要动力,但与以前主要靠地方政府利益驱动不同,现在的
下列对商业银行战略风险管理的认识中,最恰当的是()。A.战略风险管理短期内没有
下列关于法的现代化的表述,正确的是?A.社会全面现代化在一定意义上是法的现代化的
最新回复
(
0
)