2. 职称英语
  3. One phase of the business cycle is the expansion phase. This phase is a two-

One phase of the business cycle is the expansion phase. This phase is a two-

游客2025-04-20  4
问题     One phase of the business cycle is the expansion phase. This phase is a two-fold one, including recovery and prosperity. During the recovery period there is ever-growing expansion of existing facilities, and new facilities for production are created. More businesses are created and older ones expanded. Improvements of various kinds are made. There is an ever increasing optimism about the future of economic growth. Much capital is invested in machinery or "heavy" industry. More labor is employed. More raw materials are required. As one part of the economy develops, other parts are affected. For example, a great expansion in automobiles results in an expansion of the steel, glass, and rubber industries. Roads are required. Thus the cement and machinery industries are stimulated. Demand for labor and materials results in greater prosperity for workers and suppliers of raw materials, including farmers. This increases purchasing power and the volume of goods bought and sold. Thus prosperity is diffused among the various segments of the population.  This prosperity period may continue to rise and rise without an apparent end. However, a time comes when this phase reaches a peak and stops spiraling upwards. This is the end of the expansion phase.  [br] We may assume that in the next paragraph the writer will discuss ______.
选项 A、cyclical industries
B、the status of the farmer
C、the higher cost of living
D、the recession period
答案 D
解析 我们也许认为在下一个自然段作者将讨论萧条期。作者在这段话的末尾说，繁荣长期地持续下去，没有明显的尽头。然而，繁荣阶段一旦达到顶峰，不再螺旋式上升，就会出现一个时期，这便是发展阶段的结束。根据经济学常识判断，下文将会讨论萧条期。
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