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 dramatic collapse in American consumer confidence, following the World Trade Center attack, increases the likelihood that th
The dramatic collapse in American consumer confidence, following the World Trade Center attack, increases the likelihood that th
admin
2014-01-07
30
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.
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://kaotiyun.com/show/BkFK777K
0
专业英语四级
相关试题推荐
WhichofthefollowingscanNOTbelearnedfromthenewsitem?
Inthepast,hip-hopwasaplaceforpeopletosingabout______.
Whatcausedthedoctorsandscientiststocallformoreattentiontoyoungpeople’sdeath?
Thewordhugisofuncertainorigin.TheOxfordEnglishDictionarycautionsagainstconfusingitwithhugge—avariantoftheMid
Flightsimulator(飞行模拟器)referstoanyelectronicormechanicalsystemfortrainingairplaneandspacecraftpilotsandcrewmemb
Flightsimulator(飞行模拟器)referstoanyelectronicormechanicalsystemfortrainingairplaneandspacecraftpilotsandcrewmemb
Thetycoonissaidinthenewspaper______thedaybeforeyesterdayonhiswaytotheairport.
______ifIhadarrivedyesterdaywithoutlettingyouknowbeforehand?
Sky-highgasolinepricesaren’tjustraisingthecostofEugeneMarino’s120-mile(193-kilometer)round-triptohisjobintheWas
Sky-highgasolinepricesaren’tjustraisingthecostofEugeneMarino’s120-mile(193-kilometer)round-triptohisjobintheWas
随机试题
AfteravisitAtothevillage,IdecidedtohelpBthepoorchildrenCasmoreasIDcould.
A.不同的核酸链经变性处理,它们之间形成局部的双链B.一小段核苷酸聚合体的单链,用放射性同位素或生物素来标记其末端或全链C.运输氨基酸D.单股DNA恢复成双股DNADNA复性是指
血脂异常防治时LDL-C的最适水平是
Χ线发生装置主电路主要分为:①工频式②逆变式③倍压式④电容充放电式
齿状线以下的组织
男,65岁,胃溃疡病史20年。常于餐后出现中上腹疼痛,服氢氧化铝可缓解。近一年来疼痛不似从前有规律,且服氢氧化铝也难缓解,伴消瘦、乏
自动化仪表线路是仪表电线、电缆、()、光缆和电缆槽、保护管等附件的总称。
关于菲利普斯曲线,下列说法正确的是( )。
关于最终消费与社会消费品零售总额之间统计口径的区别,以下说法错误的是( )。
给定资料资料一“中国对外开放的脚步不会停滞”“未来15年,中国市场将进一步扩大,发展将更加全面”。在亚太经合组织工商领导人峰会上,习近平主席重申中国坚持对外开放的基本国策,展望中国经济惠及世界的美好愿景,郑重宣告中国将开启进一步走向世界
最新回复
(
0
)