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
自考
Judging from business profits, we should be enjoying a powerful economic recovery. During the depression, profits dropped by abo
Judging from business profits, we should be enjoying a powerful economic recovery. During the depression, profits dropped by abo
admin
2014-01-27
17
问题
Judging from business profits, we should be enjoying a powerful economic recovery. During the depression, profits dropped by about 30%. But now profits grow every day. In the first quarter of this year, profits have recovered 87% of what they lost in the depression depression. When second— quarter results ate out, profits may rise above their previous peak.
The recovery in profits should be a good sign. It makes companies more aggressive. They have a huge amount of money and ate able to do whatever they want-hire, make new investments, raise salaries. Historically, higher profits lead to higher employment. Yet, except for new companies, loss-making companies don’t create new jobs.
So far, the contrast between recovered profits and small job growth is surprising. Last year, employment dropped 3. 3 million. Since then, the economy has recovered only 11% of those lost jobs. Companies ate doing much better than workers; that’ s a characteristic of today’ s a characteristic of today’ s economy.
The most obvious explanation is that the relationship between labor and capital has changed. Capital has become stronger, labor has become weaker. The situation has made business managers eager to cut costs in depressions and unwilling to hire workers early in recoveries. Reducing the number of employees is the quickest way to recover profits.
The big job cuts in this depression should not have been surprising. With the breakdown of the financial system, companies had to do everything they can to save money , because they couldn’ t rely on outside money. So they cut jobs and new investment projects. Last year, business investment dropped 26%. Nothing like that had happened since the 1940s.
However, there ate some good signs. Many companies have started to replace their old equipment. This can create new jobs. General Electric says its research budget is up 18% and it supports new product development. But it’ s not clear whether business leaders were so scared by the crisis that they’ ve become extremely cautious. That is bad. If labor is scared and capital is overcautious, the recovery must suffer.
The writer thinks a real economic recovery requires___.
选项
A、patience
B、experience
C、confidence
D、intelligence
答案
C
解析
转载请注明原文地址:https://kaotiyun.com/show/p7AR777K
本试题收录于:
英语(二)题库公共课分类
0
英语(二)
公共课
相关试题推荐
Curiosityisnotonlyapossiblemotivation,itisalsoagreathelpinyourlearninglanguages.Rememberthatalanguageisnot
Onlinelearningisalsocalleddistanceeducation,whichhelpsstudentswhotakeclassesbycomputerovertheInternettolearnc
Thethreatofaglobaloutbreak(疾病大爆发)ofbirdflumakesiturgentfortheinternationalcommunitytocooperateeffectively.Weal
Inthelastfiftyyearscommunicationsthroughouttheworldhavebeenimprovedgreatly.Thisisbecauseofthetelephone,radio
IntheUS.oneexperimentinnerveregenerationinvolves______(cut)abignerveinarat’sleg,leavingitslegparalysed.
Manyteachersbelievethattheresponsibilityforlearninglieswiththestudents.Ifalongreadingassignmentisgiven,instruc
TheFamilyThestructureofafamilytakesdifferentformsaroundtheworldandeveninthesamesociety.Thefamily’sform
LungCancer1Thedeathrateduetocancerofthelungshasincreasedmorethan800percentinmalesandhasmorethandoubl
Writeashortessayonwhetherwille-booksebookswilltraditionalbooksinabout150words.Youshouldbaseyourwritingonth
Garlic(大蒜)Garlichasalonghistoryofhumanuseofover7,000years.ItwasoriginallygrowninAsia.Itfinallymadeitswa
随机试题
世界上最早在反垄断法上采用申报制度的国家是
引起子痫前期一子痫的基本病变是
A.主动一被动型B.指导一合作型C.共同参与型D.强制一被动型E.指导一参与型一个昏迷患者被送到医院,医生对他进行治疗,这种医患关系属于
为了调剂国库资金周转的临时性余缺发行的国债称为()。
根据《商标法》,注册商标有效期限为10年,自()之日起计算。
在我国当前的条件下,税款的缴纳方式主要有()。
艾盛是某报关行的专职报关员,下列是他在2006年中所做的一些事情,其中错误的做法有()。
一般纳税人销售自产的下列货物,可选择按照简易办法依照3%征收率计算缴纳增值税的有()。
职工基本养老保险享受条件是职工达到法定退休年龄。()
根据《商业银行法》的规定,对流动性资产余额与流动性负债余额的比例不得低于()。
最新回复
(
0
)