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
72
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 e-conomy 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/kn1O777K
0
考博英语
相关试题推荐
Thisisamarketinwhichenterprisingbusinesses_______forthedemandsofteenagersandolderyouthsinalltheirrockmaniaa
Hurricanesareviolentstormsthatcausemillionsofdollarsinpropertydamageandtakemanylives.Theycanbeextremelydange
Islanguage,likefood,abasichumanneedwithoutwhichachildatacriticalperiodoflifecanbestarvedanddamaged?Judging
Youareexposedtoobtrusiveadsthat____seeminglyfromnowhereevenwhenyouaredisconnectedfromtheNet,andyourpersonalin
Interracialmarriagesandrelationshipshavebecomeincreasinglyacceptedandencouragedbysociety.Sincethe1967legalization
Ineconomics,demandimpliessomethingslightlydifferentfromthecommonmeaningoftheterm.Thelayman,forexample,oftenus
Inthepastfewyears,thelittleland-boundcountryhadbeen_____mercilesslybyfinancialcrises.
Manypeoplebelievetheglarefromsnowcausessnowblindness.Yet,darkglassesornottheyfindthemselvessufferingfromhead
ManyadvocatesofauniversalhealthcaresystemintheUnitedStateslooktoCanadafortheirmodel.WhiletheCanadianhealthca
ManyadvocatesofauniversalhealthcaresystemintheUnitedStateslooktoCanadafortheirmodel.WhiletheCanadianhealthca
随机试题
简述企业法人终止的原因。
A.流行性出血热,轻型B.流行性出血热,非典型型C.流行性出血热,中型D.流行性出血热,重型E.流行性出血热,危重型T≥40℃,并出现难治性休克、无尿>2天;或出现其他器官功能损害
锅炉上用的水位计在安装时应注意的事项有()。
目前,出入境船舶的检疫方式包括( )。
国内商业银行为个人客户提供的金融产品主要是( )的产品。
下列属于国际股权投资基金特点的是()。I.基金规模庞大Ⅱ.投资领域广阔Ⅲ.资金来源广泛Ⅳ.参与机构多样
中外合作办学机构应取得法人资格,独立承担办学责任。()
陈某,15周岁,初中二年级学生,关于对其不良行为的预防,下列做法正确的是()。
如下图所示,房间中互相垂直的墙和天花板都是由镜子构成,形成了3个两两互相垂直的平面镜。站在其中的小明会成多少个像:
説明する人が来ないので、どのボタンをおすと正しい動き方をするかわかりません。動き方
最新回复
(
0
)