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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
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2014-06-13
71
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 year 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. Finally, of course, the economy was able to grow as vigorously as it did because sufficient leeway(余地)existed in terms of idle men and machines.
The United States balance of payments(国际收支差额)deficit declined sharply. Nevertheless, by any other test, the deficit remained very large. 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.
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.
The stability of the bond market is mentioned in the first paragraph so as to______.
选项
A、show the strength of the stock market
B、manifest the public’s trust in the economic situation
C、reveal the ease in East-West tensions
D、indicate the higher proportion of incomes spent for commodities
答案
B
解析
根据题干信号词the stability of the bond market(债券市场的稳定)以及出处提示first paragraph可回文定位到首段倒数第二句Confidence in the economy was alsoreflected in the strength of the stock market and in the stability of the bond market(股票市场的影响力以及债券市场的稳定也反映了人们对经济的信心),此处是题眼。理解本句的关键是对be reflected in(反映在……上面)短语的把握,它在逻辑上等同于be illustrated by(由……可证明),表示其前后是例证关系,即:其后信息是例子,其前信息是证明的对象。由此可知:两处括弧表达“股票市场的影响力”与“债券市场的稳定”作为例子都证明(反映)的对象是“表明公众对经济形势的信心”,因此B项正确。请考生注意B项与题眼的对应改写:manifest对应原文的reflect;the public’s trust in the economic situation对应原文的Confidence in theeconomy。
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0
考研英语一
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