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
74
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
Medicalconsumerism—likeallsortsofconsumerism,onlymoremenacingly—isdesignedtobesatisfying.(51)Theprolongation
PeopleintheUnitedStatesinthenineteenthcenturywerehauntedbytheprospectthatunprecedent-edchangeinthenation’sec
Althoughpunctualhimself,theprofessorwasquiteused______ateforhislecture.
Therecoveryand______ofthecountry’seconomyhasalsobeenaccompaniedbyincreasingdemandsforhighqualityindustrialsite
Forgatheringdataaboutindividualsorgroupsatdifferentdevelopmentallevels,researcherscanusetworelatedresearchdesig
Advertiserstendtothinkbigandperhapsthisiswhythey’realwayscominginforcriticism.Theircriticsseemtoresentthem
ModernlorehasitthatinEnglanddeathisimminent,inCanadainevitableandinCaliforniaoptional.Smallwonder.Americans’
ModernlorehasitthatinEnglanddeathisimminent,inCanadainevitableandinCaliforniaoptional.Smallwonder.Americans’
Althoughthe"online"lifestylehasdominatedthemajorityofcityyouth,mostpeopleintheremotecountrysidestillthinkInte
随机试题
实现“十三五”时期发展目标,破解发展难题,必须牢固树立并切实贯彻创新、协调、绿色、开放、共享的发展理念。坚持协调发展,要着力推动()
以下对《尝试集》的说法正确的有()
(2011年4月)(2005年4月)1878年法国最高法院对_____的判决是关于法律规避问题的一个著名判决。
成本法是指在评估资产时按被评估资产的________扣减其各项损耗价值来确定被评估资产价值的方法()
131I治疗Gravers病最主要的副作用为()
小儿哮喘缓解期的主要病机是
最高人民法院在复核死刑案件时,应当审查哪些内容?()
以下属于财产保全的方式的是()。
2011年7月,成某大学毕业后与某机器制造公司签订了无固定期限的劳动合同。劳动合同中约定:成某从事设计制图工作,月薪2000元,如果患病或非因工负伤,医疗期满后不能从事原工作也不能从事由公司另行安排的工作,公司可提前30日通知成某终止劳动合同。2015年
下列各项与存货相关的费用中,不应计入存货成本的是()。
最新回复
(
0
)