首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
The domestic economy in the United States expanded in a remarkably vigorous and steady fashion. The revival in consumer confiden
The domestic economy in the United States expanded in a remarkably vigorous and steady fashion. The revival in consumer confiden
admin
2013-01-20
45
问题
The domestic economy in the United States expanded in a remarkably vigorous and steady fashion. The revival in consumer confidence was reflected in the higher proportion of incomes spent for goods and services and the marked increase in consumer willingness to take on installment debt. A parallel strengthening in business psychology was manifested in a stepped-up rate of plant and equipment spending and a gradual pickup in expenses for inventory. Confidence in the economy was also reflected in the strength of the stock market and in the stability of the bond market. For the years as a whole, consumer and business sentiment benefited from the ease in East-West tensions.
The bases of the business expansion were to be found mainly in the stimulative monetary and fiscal policies that had been pursued. Moreover, the restoration of sounder liquidity positions and tighter management control of production efficiency had also helped lay the groundwork for a strong expansion. In addition, the economic policy moves made by the President had served to renew optimism on the business outlook while boosting hopes that inflation would be brought under more effective control. Final]y, of course, the economy was able to grow as vigorously as it did because sufficient leeway existed in terms of idle men and machines.
The United States balance of payments deficit declined sharply. Nevertheless, by any other test, the deficit remained very large, and there was actually a substantial deterioration in our trade account to a sizable deficit, almost two-thirds of which was with Japan. While the overall trade performance proved disappointing, there are still good reasons for expecting the delayed impact of devaluation to produce in time a significant strengthening in our trade picture. Given the size of the Japanese component of our trade deficit, however, the outcome will depend importantly on the extent of the corrective measures undertaken by Japan. Also important will be our own efforts in the United States to fashion internal policies consistent with an improvement in our external balance.
The underlying task of public policy for the year ahead--and indeed for the longer run--remained a familiar one: to strike the right balance between encouraging healthy economic growth and avoiding inflationary pressures. With the economy showing sustained and vigorous growth, and with the currency crisis highlighting the need to improve our competitive posture internationally, the emphasis seemed to be shifting to the problem of inflation. The Phase Three Program of wage and price restraint can contribute to reducing inflation. Unless productivity growth is unexpectedly large; however, the expansion of real output must eventually begin to slow down to the economy’s larger run growth potential if generalized demand pressures on prices are to be avoided.
It can be inferred from the third paragraph that the author’s attitude toward the reduction of the international payments deficit seems ______.
选项
A、bitter-sweet
B、pessimistic
C、sympathetic
D、doubtful
答案
A
解析
根据第三段可以推断,作者对减少国际结算的亏损的态度似乎是喜忧参半。根据本段第三句,尽管总体上的贸易业绩令人失望,但依然有理由希望贬值滞后的影响能够及时给我们的贸易蓝图带来十分坚挺的行市。
转载请注明原文地址:https://kaotiyun.com/show/FS2O777K
0
考博英语
相关试题推荐
Accordingtothelatestreport,consumerconfidence______abreathtaking15pointslastmonth,toitslowestlevelintenyears.
Medicalconsumerism—likeallsortsofconsumerism,onlymoremenacingly—isdesignedtobesatisfying.(51)Theprolongation
HowtoDoFewer,BetterAnimalExperimentsForanationofpetlovers,Britainconductsasurprisingnumberofexperimentso
Advertiserstendtothinkbigandperhapsthisiswhythey’realwayscominginforcriticism.Theircriticsseemtoresentthem
Inordertosurvivenowand_____inthefuture,alltheworkingstaffmustconstantlycreatenewideasforeveryaspectofyourb
ModernlorehasitthatinEnglanddeathisimminent,inCanadainevitableandinCaliforniaoptional.Smallwonder.Americans’
Althoughthefalsebanknotesfooledmanypeople,theydidnot____toacloseexamination.
democracyimaginationdifferentflexibilityovercomeonlineoffertraditionalmodernreg
随机试题
对下列各组词语中加下划线的字,解释全部正确的是()。
尊师爱徒、团结协作的具体要求包括平等尊重、________、相互学习、加强协作等几个方面。
某人体内的含水量占体重的43%,此人可能是______。
关于大理石,下列说法不正确的是()。
通风与空调工程竣工验收,是施工单位按规范的要求,将质量合格工程移交给()的验收过程。
财产物资的盘点结果如果账实不符,就可能是盘盈或者盘亏。这里的盘盈是指 ( )。
商品的国际价值
下列关于地震自救表述不正确的是:
2003年4月1日张某被李某打了一顿,张某当时只觉得疼痛,后来由于疼痛难忍.张某于2003年5月1日到医院检查时发现肋骨骨折,2003年5月10日张某找到李某,要求李某赔偿,李某拒绝赔偿,2003年9月10日张某被人绑架,直至2004年1月8日张某才被解救
社会进化论认为有三种规范对亲社会行为很重要:_____________、_____________和_____________。
最新回复
(
0
)