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
Passage Three (1) Which would you prefer to be: a medieval monarch or a modern office-worker? The king has armies of servan
Passage Three (1) Which would you prefer to be: a medieval monarch or a modern office-worker? The king has armies of servan
admin
2022-09-07
44
问题
Passage Three
(1) Which would you prefer to be: a medieval monarch or a modern office-worker? The king has armies of servants. He wears the finest silks and eats the richest foods. But he is also a martyr to toothache. He is prone to fatal infections. It takes him a week by carriage to travel between palaces. And he is tired of listening to the same jesters (小丑). Life as a 21st-century office drone looks more appealing once you think about modern dentistry, antibiotics, air travel, smartphones and YouTube.
(2) The question is more than just a parlour game. It shows how tricky it is to compare living standards over time. Yet such comparisons are not just routinely made, but rely heavily on a single metric (衡量标准): gross domestic product (GDP). This one number has become shorthand for material well-being, even though it is a deeply flawed gauge of prosperity, and getting worse all the time. That may in turn be distorting levels of anxiety in the rich world about everything from stagnant incomes to disappointing productivity growth. Faulty speedometer
(3) Defenders of GDP say that the statistic is not designed to do what is now asked of it. A creature of the 1930s slump and the exigencies of war in the 1940s, its original purpose was to measure the economy’s capacity to produce. Since then, GDP has become a lodestar for policies to set taxes, fix unemployment and manage inflation.
(4) Yet it is often wildly inaccurate: Nigeria’s GDP was bumped up by 89% in 2014, after number-crunchers (做财务统计的人) adjusted their methods. Guesswork prevails; the size of the paid-sex market in Britain is assumed to expand in line with the male population; charges at lap-dancing clubs are a proxy for prices. Revisions are common, and in big, rich countries, bar America, tend to be upwards. Since less attention is paid to revised figures, this adds to an often exaggerated impression that America is doing far better than Europe. It also means that policymakers take decisions based on faulty data.
(5) If GDP is failing on its own terms, as a measurement of the value-added in an economy, its use as a welfare benchmark is even more dubious. That has always been so: the benefits of sanitation, better health care and the comforts of heating or air-conditioning meant that GDP growth almost certainly understated the true advance in living standards in the decades after the Second World War. But at least the direction of travel was the same. GDP grew rapidly; so did quality of life. Now GDP is still growing (albeit more slowly), but living standards are thought to be stuck. Part of the problem is widening inequality: median household income in America, adjusted for inflation, has barely budged for 25 years. But increasingly, too, the things that people hold dear are not being captured by the main yardstick of value.
(6) With a few exceptions, such as computers, what is produced and consumed is assumed to be of constant quality. That assumption worked well enough in an era of mass-produced, standardized goods. It is less reliable when a growing share of the economy consists of services. Firms compete for custom on the quality of output and how tailored it is to individual tastes. If restaurants serve fewer but more expensive meals, it pushes up inflation and lowers GDP, even if this reflects changes, such as fresher ingredients or fewer tables, which customers want. The services to consumers provided by Google and Facebook are free, so are excluded from GDP. When paid-for goods, such as maps and music recordings, become free digital services they too drop out of GDP. The convenience of online shopping and banking is a boon to consumers. But if it means less investment in buildings, it detracts from GDP.
Stop counting, start grading
(7) Measuring prosperity better requires three changes. The easiest is to improve GDP as a gauge of production. Junking it altogether is no answer; GDP’s enduring appeal is that it offers, or seems to, a summary statistic that tells people how well an economy is doing. Instead, statisticians should improve how GDP data are collected and presented. To minimize revisions, they should rely more on tax records, Internet searches and other troves of contemporaneous statistics, such as credit-card transactions, than on the standard surveys of businesses or consumers. Private firms are already showing the way—scraping vast quantities of prices from e-commerce sites to produce improved inflation data, for example.
(8) Second, services-dominated rich countries should start to pioneer a new, broader annual measure, which would aim to capture production and living standards more accurately. This new metric—call it GDP-plus—would begin with a long-overdue conceptual change; the inclusion in GDP of unpaid work in the home, such as caring for relatives. GDP-plus would also measure changes in the quality of services by, for instance, recognizing increased longevity in estimates of health care’s output. It would also take greater account of the benefits of brand-new products and of increased choice. And, ideally, it would be sliced up to reflect the actual spending patterns of people at the top, middle and bottom of the earnings scale: poorer people tend to spend more on goods than on Harvard tuition fees.
(9) Although a big improvement on today’s measure, GDP-plus would still be an assessment of the flow of income. To provide a cross-check on a country’s prosperity, a third gauge would take stock, each decade, of its wealth. This balance-sheet would include government assets such as roads and parks as well as private wealth. Intangible capital—skills, brands, designs, scientific ideas and online networks—would all be valued. The ledger should also account for the depletion of capital: the wear-and-tear of machinery, the deterioration of roads and public spaces, and damage to the environment.
(10) Building these benchmarks will demand a revolution in national statistical agencies as bold as the one that created GDP in the first place. Even then, since so much of what people value is a matter of judgment, no reckoning can be perfect. But the current measurement of prosperity is riddled with errors and omissions. Better to embrace a new approach than to ignore the progress that pervades modern life.
In Para. 10, the phrase "is riddled with" probably means________.
选项
A、is filled with
B、is puzzled with
C、is endowed with
D、is armed with
答案
A
解析
语义题。第十段第二句提到,即便在创建GDP这一衡量基准时,由于人们对事物的估价大多基于个人判断,所以没有一种核算能够达到完美,由此可知,GDP当时并不完美。而第三句中的the current measurement of prosperity指代的就是上文中的GDP,结合最后一句可知,GDP作为如今的繁荣程度衡量标准应该是充斥着各种错误和漏洞,作者才会建议人们接受一种新的衡量方法,因此,该短语与选项中的is filled with意义相近,意为“充斥着”,故[A]为答案。
转载请注明原文地址:https://kaotiyun.com/show/i6BK777K
0
专业英语八级
相关试题推荐
PASSAGEONEWhydidtheauthor’sheartpoundwhenheclutchedhisdime?
ThemodernOlympicGamesaretheleadinginternationalsportingeventnowadays.However,thereareconstantvoicestocallfors
PASSAGEFOURWhatcanthesuccessofGooglebeascribedtoaccordingtothefirstparagraph?
PASSAGETHREEWhatwasVictoria’sonlyshortcomingasawife?
PASSAGETWOWhatdoestheword"lineage"inthelastparagraphmean?
PASSAGEONEWhatisthepassagemainlyabout?
PASSAGEONEWhatcanreducethecitizens’emotionalresponseaftertheterroristattack?
A、LivinginthecenterofLondon.B、Don’tjudgebypersonalpreferences.C、Neverlivinginabeautifulvillagehouse.D、Don’twa
A、Theyuseplasticbagsaroundthebunchestokeepthemfresh.B、TheyadoptmoderntechniquestostopthemgoingbadC、Theyuse
A、Theypreferredsomethingmorespecial.B、Theydidn’tthinktheycanaffordtheprice.C、Theyfailedtonegotiatewithagentab
随机试题
系统议程和政府议程是()
简述垄断阶段同自由竞争阶段竞争的不同点。
农村包围城市,武装夺取政权道路的理论基本形成的标志是()
案情:孙某与钱某合伙经营一家五金店,后因经营理念不合,孙某唆使赵龙、赵虎兄弟寻衅将钱某打伤,钱某花费医疗费2万元,营养费3000元,交通费2000元。钱某委托李律师向甲县法院起诉赵家兄弟,要求其赔偿经济损失2.5万元,精神损失5000元,并提供了医院诊断书
李某不服区公安分局对其作出的行政拘留5日的处罚,向市公安局申请行政复议,市公安局作出维持决定。李某不服,提起行政诉讼。下列选项中正确的是()。
一个全模拟信号的广播电视系统的组成部分中有()。
防止软盘感染病毒的有效方法是()。
中国公民刘某,2015年由甲公司派遣刘某到乙公司进行技术指导,甲公司向刘某支付工资2000元/月,乙公司向刘某支付工资6500元/月。刘某每月应缴纳个人所得税()元。(2015年)
证券发行市场也称为()。
AcenturyagointheUnitedStates,whenanindividualbroughtsuitagainstacompany,publicopiniontendedtoprotectthatcom
最新回复
(
0
)