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
自考
Judging from business profits, we should be enjoying a powerful economic recovery. During the depression, profits dropped by abo
Judging from business profits, we should be enjoying a powerful economic recovery. During the depression, profits dropped by abo
admin
2014-01-27
15
问题
Judging from business profits, we should be enjoying a powerful economic recovery. During the depression, profits dropped by about 30%. But now profits grow every day. In the first quarter of this year, profits have recovered 87% of what they lost in the depression depression. When second— quarter results ate out, profits may rise above their previous peak.
The recovery in profits should be a good sign. It makes companies more aggressive. They have a huge amount of money and ate able to do whatever they want-hire, make new investments, raise salaries. Historically, higher profits lead to higher employment. Yet, except for new companies, loss-making companies don’t create new jobs.
So far, the contrast between recovered profits and small job growth is surprising. Last year, employment dropped 3. 3 million. Since then, the economy has recovered only 11% of those lost jobs. Companies ate doing much better than workers; that’ s a characteristic of today’ s a characteristic of today’ s economy.
The most obvious explanation is that the relationship between labor and capital has changed. Capital has become stronger, labor has become weaker. The situation has made business managers eager to cut costs in depressions and unwilling to hire workers early in recoveries. Reducing the number of employees is the quickest way to recover profits.
The big job cuts in this depression should not have been surprising. With the breakdown of the financial system, companies had to do everything they can to save money , because they couldn’ t rely on outside money. So they cut jobs and new investment projects. Last year, business investment dropped 26%. Nothing like that had happened since the 1940s.
However, there ate some good signs. Many companies have started to replace their old equipment. This can create new jobs. General Electric says its research budget is up 18% and it supports new product development. But it’ s not clear whether business leaders were so scared by the crisis that they’ ve become extremely cautious. That is bad. If labor is scared and capital is overcautious, the recovery must suffer.
To recover profits quickly, business managers often choose to____.
选项
A、reduce employment
B、increase work hours
C、Increase productivity
D、move into new areas
答案
A
解析
转载请注明原文地址:https://kaotiyun.com/show/O7AR777K
本试题收录于:
英语(二)题库公共课分类
0
英语(二)
公共课
相关试题推荐
Americansareaveryenergeticandmobilepeople,alwaysontherun,rushingfromoneappointmenttoanother,fromaPTA(Parent-Tea
WhenIwasachild,Ilivedwithmymother,myfatherhavingbeenawaytoworkinthetown.Iwasthennot(11)______nineyears
Everyculturehasitsownbodylanguage,andchildrenlearnitwithspokenlanguage.AFrenchmantalksandmovesinFrench.The
ThefirstmoderncomputerwasbuiltatHarvardUniversityin1944.Itwasthefirstmachinethatcouldautomaticallycarryouta
ThecowboyswholivedintheUnitedStatesofAmericabeforethereweregoodroadsorbigmoderncitiesusedtoliveonthehuge
Themost______(convince)evidenceofblackholescomesfromresearchintobinarystarsystems.
TheFamilyThestructureofafamilytakesdifferentformsaroundtheworldandeveninthesamesociety.Thefamily’sform
"Tomorrowwe’llseetheGoldenGateBridge,"saidPeter."I’veneverseenagoldenbridgebefore."Peter’sfathersmiled,but
PuertoRicanCuisine(波多黎各菜肴)PuertoRico,aCaribbean(加勒比海区)island【B1】______inhistoryandremarkablenaturalbeauty,hasa
随机试题
A.Na+B.K+C.HCO3-D.Ca2+E.Cl-神经细胞膜在静息时通透性最大的离子是
日本药品和药事监督管理层次分为中央级、都道府县级和市町村级三级。权力集中于中央政府厚生省药务局,地方政府为贯彻执行部门。()
当上市公司发行在外的普通股股数和实现的净利润一定时,下列各项中,影响市盈率的是()。
2013年8月5日,甲基金会取得一项捐款100万元,捐赠人限定将该款项用于购置化疗设备。2014年1月15日,甲基金会购入设备,价值80万元。2014年2月20日,经与捐赠人协商,捐赠人同意将剩余的款项20万元留归甲基金会自主使用。甲基金会下列处理中正确的
清初“四王”中,取得“熟不甜,生不涩,淡而厚,实而清”的收获的画家是()。
你所在辖区内的一家房地产开发商和业主因为交房和合同上不一致发生冲突,要你去处理,请问你会如何处理?
Inrecentyearsmanycountriesoftheworldhavebeenfacedwiththeproblemofhowtomaketheirworkersmoreproductive.Some
4/π
下列描述中正确的是
Itwasreally_____ofyoutoremembermybirthday.(2011-73)
最新回复
(
0
)