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
考研
In the following text, some sentences have been removed. For Questions 41-45, choose the most suitable one from the list (A、B、C、
In the following text, some sentences have been removed. For Questions 41-45, choose the most suitable one from the list (A、B、C、
admin
2010-05-05
84
问题
In the following text, some sentences have been removed. For Questions 41-45, choose the most suitable one from the list (A、B、C、D、E、F、G……) to fit into each of the numbered blank. There are several extra choices, which do not fit in any of the gaps. (10 points)
The days are getting shorter and the house-price forecasts are dropping faster than the last of the autumn leaves. Forecasts of a price crash, which began life as a minority view, are now banging in the middle of the mainstream.
(41) ______.
One of the most aggressive interest-rate forecasts is from John O’Sullivan at Dresdner Kleinwort Wasserstein. He expects the Bank of England to cut the base rate to 40% by the end of next year in efforts to limit the house-price drop to 5%.
(42) ______. But these things can change rapidly.
The shift in rate expectations, particularly among City economists, has been dramatic, and it is reflected in the currency markets. (43) ______.
The other impact of housing will be on firms, particularly retailers. The Bank has been working hard to try to prove that housing and consumer spending have "decoupled", because the final two years of the boom in house prices coincided with a softening of spending growth. (44) ______.
Charlie Bean, the Bank’s chief economist, repeated the "decoupling" case last week, but admitted there were big uncertainties.
And underlying this quest for understanding has been the fear, certainly for the chancellor and his political advisers, that boom could turn to bust. For a government that promised no return to boom and bust, the excuse that only one part of the economy had turned to bust would cut little ice with voters.
The relationship between house prices and election outcomes is not a perfect one. Having slipped in 2000, prices were rising strongly at the time of the 2001 election, which Labour won comfortably. (45) ______.
The change in the housing climate will be a test in another way. In the budget the Treasury factored in a modest slowdown in consumer spending next year, from just over 3% to 2.5%, but within the context of strong overall growth of 3% to 3.5%, with exports and investment taking up the slack.
A. Capital Economics, which got there first, had its 20% price fall starting this year with a 5% drop and continuing for another couple of years.
B. My view is that the Bank’s monetary policy committee, having worked hard to get rates up from last year’s emergency low level of 3.5% to the present 4.75%, won’t surrender cuts without a fight and would like to keep rates where they are for quite a long time.
C. But Mervyn King, the governor, is too good an economist to have real confidence in a view based on a short run of data. When the housing market tanked in the past, consumer spending suffered. In the absence of better evidence to the contrary, that has to be the assumption this time.
D. Booming house prices were as welcome at the Treasury as flower arrangements at a hay-fever convention. The Treasury could not understand how, having delivered low-inflation economic stability, it had a housing boom as powerful as in the unstable days of the late 1980s.
E. It has hit the financial markets in at least three ways. The housing downturn has changed perceptions about the interest-rate outlook.
F. The pound has been climbing against the dollar but slipping against the euro. Its rise against the sickly dollar would have been much bigger had it not coincided with the softening of the outlook for rates.
G. On the other hand, the Tories lost the 1997 election despite a strong housing market, having won in 1992 at a time when prices were falling. Margaret Thatcher’s 1983 and 1987 victories came when prices were soaring.
选项
答案
F
解析
上一句提到房价影响利率,从而会波及货币市场。而下一段则开始另起炉灶,讲述"the other impact"。可见此处必将展开论述对货币市场的影响情况。因此,只有F是符合要求的。
转载请注明原文地址:https://kaotiyun.com/show/aF44777K
0
考研英语一
相关试题推荐
BeingpluggedintoaniPodisafeatureofadolescence.Anewstudysuggeststhatteenswhospendtoomuchtimelisteningtomus
Yourcameraissnatched.Willyoueverseeita-gain?Probablynot.Butitmaysendpostcardsfromitsnewowner.The【C1】_______
Yourcameraissnatched.Willyoueverseeita-gain?Probablynot.Butitmaysendpostcardsfromitsnewowner.The【C1】_______
Itiscommonknowledgethathealthyfoodssuchasfruitsandvegetablescontaincertainnutrientsthatpromotegoodhealth—namel
BeautyisbigbusinessinChina.Thecountry’scosmeticsmarketisworth$26billionayear,makingitthethird-biggestinthe
BeautyisbigbusinessinChina.Thecountry’scosmeticsmarketisworth$26billionayear,makingitthethird-biggestinthe
TheaverageBritishpeoplegetsix-and-a-halfhours’sleepanight,accordingtotheSleepCouncil.Ithasbeenknownforsomet
Theunhealthyingredientsandlownutritioncontentofthefoodcanmakeyoulessactiveandlazy,newresearchshows.Nosurpri
Writeanessaybasedonthefollowingpiechart.Inyourwriting,youshould1)interpretthechart,and2)giveyourcomments.
Writeanessaybasedonthefollowingchart.Inyourwriting,youshould1)interpretthechart,and2)giveyourcomments.You
随机试题
谈话活动的主要类型:_______;有计划的谈话活动;开放性的讨论活动。
环境污染按环境要素可划分为大气污染、水污染和土壤污染。()
消费税的特点是什么?
男,20岁,足球赛后右膝关节疼痛,行走时交锁。体检:右膝关节肿胀,外侧压痛明显。根据描述,最可能的诊断是
以下哪项不是病理性蛋白尿
患者女,73岁。有肺心病史,喘促,不能平卧,心悸尿少,肢体浮肿,舌质淡胖,脉沉细,宜用何方治疗
以地下水为水源的饮用水处理工艺中,经常由于水中铁量超标而设置除铁单元。通常的除铁处理工艺流程中不包括()。
王先生夫妇今年都刚过40岁,年收入20万元左右,打算60岁退休,估计夫妇俩退休后第一年的生活费用为10万元,考虑通货膨胀的因素,夫妻俩每年的生活费用估计会以每年3%的速度增长。预计两人寿命可达80岁,并且现在拿出10万元作为退休基金的启动资金。夫妻俩均享受
论述高等学校课程建设的内容要求、实施及其意义。
产品价格的上升通常会使其销量减少,除非价格上升的同时伴随着质量的提高。时装却是一个例外。在某时装店,一款女装标价86元无人问津,老板灵机一动改为286元,衣服却很快售出。如果以下陈述为真,哪一项最能解释上述反常现象?()
最新回复
(
0
)