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
New figures on business confidence suggest that the one place where the service sector boom is on the ebb is in the consumer sec
New figures on business confidence suggest that the one place where the service sector boom is on the ebb is in the consumer sec
admin
2022-06-13
41
问题
New figures on business confidence suggest that the one place where the service sector boom is on the ebb is in the consumer sector—hotels and restaurants, gyms and hairdressers. The twin pressures of rising inflation and slowing pay rises are squeezing household incomes. The ratio of personal debt to household income, which fell steadily in the years after the financial crisis, has now again begun to rise. Last week, new figures were published showing February brought the highest increase in credit card debt in 11 years.
The British economy’s failure to get rid of an addiction to growth fueled by an expanding consumer debt bubble is bad for consumers, and bad for the economy as a whole. It is no substitute for business investment, which the OECD has forecast will fall sharply in future years in a post-Brexit climate of uncertainty. It makes recession more likely, and, when it comes, deeper and longer. The human costs of getting into problematic debt are no less profound; people are a third more likely to develop mental health issues if they find themselves struggling with debt.
Historically, financial regulators have lacked both the power and the will to ensure that unhealthy levels of consumer debt are held in check. Customers who get into persistent debt tend, after all, to be very profitable for credit card and loan companies. Rather than help people struggling with repayments, it is in their interests to offer products that encourage consumers to use credit cards as an expensive form of long-term borrowing. The Financial Conduct Authority (FCA) estimates there are 2 million people carrying persistent debt on their credit card, defined as paying more in fees and charges over an 18-month period than the amount they borrowed in the first place.
The FCA is now consulting on a new set of rules for credit card companies. But this is too little, too late. The rules are vague and leave far too much room for the companies, which are unlikely to change their behavior without tougher action. There is too little emphasis on preventing consumers from getting into persistent debt in the first place—for example, by forcing companies to increase the very low minimum monthly payments they require from customers. It’s in the same vein as action the FCA has taken on excessive overdraft charges, leaving it up to banks to set their own maximum cap on charges, rather than enforcing a cap of its own making. None of this, however, will reduce the root causes of problematic debt.
Credit card and loan companies offer products that encourage consumers to use credit cards as an expensive form of long-term borrowing________.
选项
A、because it is more convenient
B、because it is very interesting
C、to help people struggling with repayments
D、to make more money
答案
D
解析
细节题。根据题干可定位至第三段的第二、三句。第二句强调very profitahle“非常有利可图的”。第三句中通过强调句强调题干的行为in their interests“为了他们的利益”,由此可知,这里的利益就是指经济上有利可图,与D项描述一致。A项和B项为无中生有,故排除;interest的名词形式是“利益”的意思,不要被B项的interesting误导。C项为原文第三段第三句中rather-than“而不是”后被否定的内容,故排除。故本题答案为D项。
转载请注明原文地址:https://kaotiyun.com/show/mJi4777K
0
考研英语二
相关试题推荐
Thesentence"Aftereachrainshower,anotherInternetmillionairesprangup"(Paragraph1)means______.Wecanlearnfromthe
Thesentence"Aftereachrainshower,anotherInternetmillionairesprangup"(Paragraph1)means______.Whatcanbeinferred
Theaudiencewereso______thattheyforgottoapplauseafterhiswonderfullectureoninternationalpolitics.
Itisobviousthat______ofabout40%willbeattractiveifthedollarreallystabilizes.
Theroleofgovernmentsinenvironmentalmanagementisdifficultbutinescapable.Sometimes,thestatetriestomanagetheresou
Theroleofgovernmentsinenvironmentalmanagementisdifficultbutinescapable.Sometimes,thestatetriestomanagetheresou
ThefirstglassesofCoca-Colaweredrunkin188Thedrinkwasfirst______byaUSchemistcalledJohnPemberton.
Forthepastfiveyears,TianjinUniversityinnorthernChinahasprovidedfreeaccommodationforparentsinwhatitcalls"tent
Thebattletopreventoratleastslowglobalwarminghasintensifiedinthepastyearasscientistshavelearnedmoreaboutthe
Globalwarmingcausedbyhumanemissionsofgreenhousegasesishavingcleareffectsinthephysicalworld:moreheatwaves,hea
随机试题
对下列违法行为,应当从重处罚的是()。
某企业于2007年5月31日接到当地环境保护局的行政处罚通知书,但其不服,为维护自身合法权益,按照《环境保护法》的规定,该企业可以( )。
电信设备顶部应与列架上梁加固,对于()的抗震设防,必须用抗震夹板或螺栓加固。
M公司2×18年发生了如下交易或事项:(1)1月1日,M公司采用经营租赁方式租入一块土地使用权用于建造简易厂房,租赁期为20年,租金总额为4000万元。租赁开始日(2×18年1月1日),M公司预付2000万元租金。剩余租金每年年末支付100万元。2×1
中年期人格“男女同化”是指()。
有人大器晚成,有人聪明早慧;有人侧重于理科,有人偏爱文学。这说明人的心理发展具有()特点。
Justsevenyearsago,theJarvik-7artificialheartwasbeingcheeredasthemodelofhumancreativeness.ThesightofBarneyCl
Whatdoesthenewsitemmainlytalkabout?
A、Payexcessbaggagefee.B、Hand-carryhisgolfclubs.C、Repackhisbaggage.D、Leavesomethingintheairportlocker.A
Thispersonalwaysgavestudentsthefeelingthathehadhigh.expectationsofthem,andthenallofthestudentsdidtheirbest
最新回复
(
0
)