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 housing market has been for two years propping up consumers’ spirits while the rest of the economy lies exhausted on the flo
The housing market has been for two years propping up consumers’ spirits while the rest of the economy lies exhausted on the flo
admin
2013-01-22
65
问题
The housing market has been for two years propping up consumers’ spirits while the rest of the economy lies exhausted on the floor, still trying to struggle to its feet. According to the National Association of Realtors, the national median existing-home price ended the year at $ 164, 000, up 7.1 percent from 2001. That’s the strongest annual increase since 1980.
Although residential real estate activity makes up less than 8% of total U. S. GDP, a housing market like this one can make the difference between positive and negative growth. Most significantly, consumer spending is 66% of GDP, and the purchase of a new home tends to have an "umbrella effect" on the homeowner’s spending as he has to stock it with a washer/dryer, a new big-screen TV, and maybe a swing set for the yard.
The main factor in housing’s continued strength is a classic economic example of zero-sum boom: the persistent weakness everywhere else. As the 2003 recovery continues to be more forecast than reality. Falling stock prices raised investor appeal for U. S. Treasury Bonds, which in turn, allowed most interest rates to drift even lower. But there are not many signs that there’s a bubble ready to burst.
December’s new record in housing starts, for example, was nicely matched by the new record in new home sales. If you build it, they will buy and even if an economic pickup starts to reduce housing’s relative attractiveness, there’s no reason why modest economic growth and improved consumer mood can’t help sustaining housing’s strength. "The momentum gained from low mortgage interest rates will carry strong home sales into 2003, with an improving economy offsetting modestly higher mortgage interest rates as the year progresses," said David Lereah, chief economist at the National Association of Realtors.
Just as housing has taken up much of the economic slack for the past two years, both as a comforting investment for fretting consumers and a driver of consumer spending itself, a big bump elsewhere in the economy in 2003 could be housing’s downfall. If stocks roar back this spring, capital inflows could steal from the bond market, pushing up long-term interest rates. or Alan Greenspan and the Fed could do the same to short-term rates, as a way to hit the brakes on a recovery that is heating up too fast. In other words, if everything possible goes wrong for housing, homeowners should have plenty to compensate them in terms of job security and income hikes.
The author draws a contrast between the housing market and the rest of the economy to show______
选项
A、the role of real estate activity.
B、the statistics on home prices.
C、the boom of housing market.
D、the degree of consumer spirits.
答案
C
解析
题干问:“作者区分房产市场和经济的其他领域是为了说明……”。此题考察文章的背景主题部分,在第1自然段作者直接提出当房地产市场一直保持其强劲的势头时,经济的其他领域却在衰退,并且作者接着在第2自然段讲述了房地产市场的繁荣,因此选项C“房产市场的繁荣”为正确选项。而选项A“房地产活动的重要作用”,选项B“房价的统计数据”和选项D“消费者情绪高涨的程度”都不是作者区分房地产和经济的其他领域的目的。
转载请注明原文地址:https://kaotiyun.com/show/jz1O777K
0
考博英语
相关试题推荐
Bigcitestodayareconfrontedwithveryseriousproblems.Transportisa【C1】______difficulty:someplannersbelievein【C2】_____
Reportersandphotographersaliketookgreat______attherudewaytheactorbehavedduringtheinterview.
Thinkaboutwhatwouldmakeyoureally,reallyhappy.Moremoney?Wrong.Smiling,well-adjustedkids?Wrongagain.Thefactisw
TheALSPACreportisthethirdinrecentyearstofindfeworno______effectsfromconsumingmosttypesofseafoodduringpregn
Several______forglobalwarminghavebeensuggestedbyclimateresearchers.
Duringaninternationalcrisis,many____messageswillgenerallyemanatefromthepresident’soffice.
Behaviorsthatwedonotunderstandoftenbecomenearlyinvisible-evenwhen,inretrospect,weseehowtrulystrangetheyare.
Manypeopleseemtothinkthatsciencefictionistypifiedbythecoversofsomeoftheoldpulpmagazines:theBug-EyedMonster
Theworld’slongromancewithspeedmayfinallybeending.EvenifConcorde(协和式飞机)fliesagain,itsantiquenaturewasrevealed
Whentheletterfromhiswifearrived,he______thecontentscarefully.Becauseshehadn’tansweredhisquestion,hewasangry
随机试题
A.铅、水泥B.铝、有机玻璃或塑料制品C.石蜡、水或石墨D.极力避免核素进入体内E.无需防护γ射线和X线的防护应采用
患者男,45岁。发热、乏力伴消瘦2个月,两侧颈部和腹股沟可触及数粒蚕豆大小淋巴结,脾肋下2cm,结核菌素试验(一),骨髓检查正常。关于NHL的放疗,下列说法正确的是
犬,车祸后大小便失禁,两后肢不能站立,针刺前肢敏感,但两后肢无反应,肛门反射消失。最可能的损伤部位是()
一家长带小儿来医院进行体格检查,欲衡量小儿的营养状况。该小儿的体重为12kg,其正常年龄大约为()
放线菌引起的化脓性感染其脓液特征是
凡需进行沉降观测的工程,应由()委托有资质的测量单位进行施工过程中及竣工后的沉降观测工作。
压力容器钢管的验收时常采用的方法有()。
根据有效市场假说,下列说法中正确的有()。
Thelinkbetweenhealthandincomeseemsprettyuncontroversial.【C1】______all,healthypeoplecanworklongerandharderthansi
Therearemuchdiscussionaboutwhethereconomicgrowthisdesirable.Atanearlierperiod,ourdesireformaterialwealthmayh
最新回复
(
0
)