2. 考研
  3. "The US economy is rapidly deteriorating," says Mr. Grannis. "The odds of a recession are now very high, perhaps by the end of t

"The US economy is rapidly deteriorating," says Mr. Grannis. "The odds of a recession are now very high, perhaps by the end of t

admin2022-04-20  37
问题     "The US economy is rapidly deteriorating," says Mr. Grannis. "The odds of a recession are now very high, perhaps by the end of the year. " There are already some signs that important pillars are weakening. Consumer confidence has fallen for the past two months, and the housing sector, which has been buoyant, is starting to sink. Corporate profits are falling.
    Some analysts are especially concerned over the sharp fall of commodity prices. They believe it represents the threat of deflation, or falling prices in general. While this may be good for consumers, it could cause a global slowdown "The Central Bank will have to act forcefully to arrest the deflationary forces," says Robert LaMorte, chairman of Behavioral Economics, a consulting firm in San Diego. But others counter that the Central Bank doesn’t need to intervene, and they argue it should wait to see real data before acting. "The fundamentals are better than the stock market reflects," says Peter Kretzmer, an economist at Nationsbanc Montgomery Securities. The president also tried to do his part to calm the markets, citing the strong job market and balanced budget. "We believe our fundamental economic policy is sound," he said. His comments echoed statements by Treasury Secretary in Washington.
    Some numbers do continue to reflect a strong economy. On September 11, the Conference Board released its index of leading indicators. The index rose 0. 4 percent, promoting the business organization to predict that the nation’s output should increase at a moderate pace for the rest of this year. The group sees little risk of recession in the near term.
    But what has changed is the global economy. Japan and the rest of Asia are in recession. The woes are spreading to Latin America. "I’m convinced that we are going to have a global economic recession," says Sung Won Sohn, chief economist at Norwest Corp. , a Minneapolis-based bank.
    Still, Fed watchers don’t think the Central Bank will act to try to save the world. "It’s inconceivable the Fed could make much difference in Asia, Russia, or Latin America," says Lyle Gramley, a former Fed governor.
    After the last stock market crash, the Federal Revenue acted quickly to provide liquidity to the markets and to lower interest rates. But the economy is in better shape this time. The banking sector is stronger and the financial markets have been able to respond to enormous trading volume.
What’s the main idea of the text?
选项 A、The deteriorating global economy.
B、Analysts’ worry about US economy.
C、The current situation of world economy.
D、The current development of US economy.
答案D
解析 本题是主旨题。本文通篇谈论的都是美国经济。首段指出，格兰尼斯先生说：“美国经济正在迅速恶化，经济衰退的可能性现在非常高，可能在今年年底。”；接着第二段根据分析家的争论，美国总统和财政部长出面指出“我们相信我们的基本经济政策是健全的”；紧接着用数据表明美国经济并未衰退；文章末段又指出美国目前的经济状况好于上一次股市崩盘前的状况。综上所述，文章主要论述了美国经济发展的现状，故答案选D。其他三项虽然都是文章涉及的内容，但只是文章的部分内容，并非文章主旨所在，故均排除。
转载请注明原文地址:https://kaotiyun.com/show/XGi4777K
0

考研英语二

相关试题推荐
随机试题
最新回复(0)