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
财经
Could the bad old days of economic decline be about to return?Since OPEC agreed to supply—cuts in March,the price of crude oil h
Could the bad old days of economic decline be about to return?Since OPEC agreed to supply—cuts in March,the price of crude oil h
admin
2014-05-25
43
问题
Could the bad old days of economic decline be about to return?Since OPEC agreed to supply—cuts in March,the price of crude oil has jumped to almost$26 a barrel,up from less than$10 last Decem—ber.This near—tripling of oil prices calls up scary memories of the 1973 oil shock,when prices quadrup—led。and 1979一一1980,when they also almost tripled Both previous shocks resulted in double—digit in—flation and global economic decline.So where are the headlines warning of gloom and doom this time? The oil price was given another push up this week when Iraq suspended oil exports.Strengthening economic growth,at the same time as winter grips the northern hemisphere,could push the price high—er still in the short term. Yet there are good reasons to expect the economic consequences now to be less severe than in the 1970s.In most countries the cost of crude oil now accounts for a smaller share of the price of petrol than it did in the 1970s.In Europe,taxes account for up to four—fifths of the retail price,so even quite big changes in the price of crude have a more muted effect on pump prices than in the past.Rich economies are also less dependent on oil than they were,and so less sensitive to swings in the oil price.Energy conservation,a shift to other fuels and a decline in the importance of heavy,energy—intensive industries have reduced oil consumption.Software,consultancy and mobile telephones use far less oil than steel or car production.For each dollar of GDP(inconstant prices)rich economies now use nearlv 50%less oil than in 1973.The OECD estimates in its latest Economic Outlook that,if oil prices averaged$22 a barrel for a full year,compared with$1 3 in 1998,this would increase the oil import bill in rich economies by only 0.25%--0.5%of GDP.That is less than one—quarter of the income loss in 1974 or 1980.on the other hand,oil—importing emerging economies——to which heavy industry has shilted——have become more energy—intensive,and so could be more seriously squeezed. One more reason not to lose sleep over the rise in oil prices is that,unlike the rises in the 1 970s’it has not occurred against the background of general commodity—price inflation and global excess demand. A sizable Dortion of the world is only just emerging from economic decline.The Economist’s commodity price index is broadly uncbanging from a year ago.In 1973 commodity prices jumped by 70%,and in 1979 by almost 30%.
From the text we can see that the writer seems____.
选项
A、optimistic
B、sensitive
C、gloomy
D、scared
答案
A
解析
作者提到这次油价上涨的影响不大。尤其在第三段和最后一段的第一句话,强调人们不必担心此次油价上涨,由此可见作者的态度是“乐观的”。
转载请注明原文地址:https://kaotiyun.com/show/tngc777K
本试题收录于:
英语题库银行系统招聘考试分类
0
英语
银行系统招聘考试
相关试题推荐
Treesshouldonlybepruned(修剪)whenthereisagoodandclearreasonfordoingsoand,fortunately,thenumberofsuchreasonsis
Itseemsthatpoliticiansaroundtheworldarethinkingaboutthehealthoftheircountries.WhileinChina,ChenZhuhasannounce
Theinfluenceofclimateonbehaviorappearsall-pervasive.Indeed,whocanclaimthatweatherfactorshavenoinfluenceontheird
Takethecaseofpubliceducationalone.Theprincipaldifficultyfacedbytheschoolshasbeenthetremendousincreaseinthenum
ForgetTwitterandFacebook,GoogleandtheKindle.Televisionisstillthemostinfluentialmedi—umaroundIndeed,notmanyofthe
WhenonelooksbackuponthefifteenhundredyearsthatarethelirespanoftheEnglishlanguage,heshouldbeabletonoticea
Doyoufindgettingupinthemorningsodifficultthatit’spainful?Thismightbecalledlaziness,butDr.Kleitmanhasanewexp
TheHistoryofAmericanDollarWefoundagoodplacetostart:abookcalled“AHistoryofMoney”byGlynDavies,aBritishprofesso
TheHistoryofAmericanDollarWefoundagoodplacetostart:abookcalled“AHistoryofMoney”byGlynDavies,aBritishprofesso
[2010年典型真题]Greece,economically,isintheblack.Withverylittletoexportotherthansuchfarmproductsastobacco,cottonandfr
随机试题
对气体吸收有利的操作条件应是()。
设计成本项目应考虑的因素不包括
关于中心静脉压的叙述,下列哪项错误?
A、同步直流电复律B、非同步直流电复律C、射频消融术D、苯妥英钠E、乙胺碘呋酮预激综合征伴室上性心动过速或房扑、房颤,药物治疗无效时()
A.以心功能障碍为特点B.以肾脏损害为特点C.以外周动脉阻力上升为特点D.以水、钠潴留为特点E.以脑水肿为特点高血压脑病
胎儿完成内旋转动作是指
计算资产负债率需用到下列数据中的()。
前不久,山头村村委会制定了村规民约,并向全体村民公布。因这份村规民约是由村主任等几个干部研究制定的,村民对其中不少内容感到不满意,于是要求村委会根据村民的意见进行修改,但村主任却说村委会是一级政府,有权制定村规民约,不可能完全依照村民的意愿来办。请问:村委
ニュースによると、昨日福島で大地震が________そうです。
Thesafetyofshipsatseadoesnotdependonlyonthearrangementsmadeintheshipsthemselves.Dangerouscoastsandrocksmay
最新回复
(
0
)