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
It may seem an odd time to worry about savings. This week the National Bureau of Economic Research declared that the world’s, la
It may seem an odd time to worry about savings. This week the National Bureau of Economic Research declared that the world’s, la
admin
2010-10-28
87
问题
It may seem an odd time to worry about savings. This week the National Bureau of Economic Research declared that the world’s, largest economy, America, had been in recession since December last year. The economies of Japan and much of Western Europe have been declining. A rapid, global, private-sector shift to thrift is exactly what the world economy does not need. That’s why governments around the world have been passing hurried measures to try to encourage people to spend more of their incomes.
In some countries, they should. Asians (and Germans too), have been saving their money with excessive enthusiasm. But other countries’ citizens have been putting too little aside for their old age. In America,the household savings ratio (the proportion of disposable income not used for consumption) has been below 2.5% since 1999; in Britain, it has been below 3% in each of the past two years. The Asians’ thrift made the Anglo-Saxons’ extravagance possible. Through their Increasingly sophisticated financial systems, the Americans and British were able to borrow from the thrifty Asians to finance their spending. And, because their house prices were rising so fast, they had the confidence to do so.
In other words, Anglo-Saxons were able to save their cake and eat it. They did not have to sacrifice consumption in order to build up assets for the future, because loose monetary policies encouraged borrowing that pushed up the prices of housing and other assets, which gave them the illusion of having saved enough. But now this debt burden is being unwound, asset prices are collapsing and savings rates are rising because consumers are unwilling, or unable, to borrow.
Though this is bad news for the American and British economies in the short term, it ought to be good news in the long term. How good, though, depends as much on where people put their savings as on how much they put aside.
The economy of America, since December last year, has been undergoing a state of ______.
选项
答案
recession
解析
由定位句可知,从去年12月份开始,世界最大的经济大国美国的经济就一直不景气(recession);由a state of可知空白处要填入一个名词或名词性短语,意思为“一直经历……状态”,所以此处应填入recession。
转载请注明原文地址:https://kaotiyun.com/show/vIs7777K
0
大学英语六级
相关试题推荐
BillGates,thebillionaireMicrosoftchairmanwithoutasingleearneduniversitydegree,isbyhissuccessraisingnewdoubtsa
WhyBilingualEducation?Bilingualeducationcontinuestoreceivecriticisminthenationalmedia.Thisarticleexaminessom
A、Boysbuyrosesfortheirgirlfriends.B、StudentsgiveValentinecardstotheirmothers.C、PeopleholdValentinepartiestocel
Mysurpriseoverthepastfewwintershasbeenthepersonalitytransformationmyparentsgothrougharoundmid-Decemberasthey
A、Adventurousparents.B、Stimulatingenvironment.C、Sensitiveteachers.D、Furthereducation.B
Ingeneral,oursocietyisbecomingoneofgiantenterprisesdirectedbyabureaucraticmanagementinwhichmanbecomesasmall
Bullying(欺凌弱小者)atSchool:TacklingtheProblemA.Abroaddefinitionofbullyingiswhenastudentisrepeatedlyexposedto
Bullying(欺凌弱小者)atSchool:TacklingtheProblemA.Abroaddefinitionofbullyingiswhenastudentisrepeatedlyexposedto
Bullying(欺凌弱小者)atSchool:TacklingtheProblemA.Abroaddefinitionofbullyingiswhenastudentisrepeatedlyexposedto
________________(除非你和保险公司签订货物保险合同),youarenotentitledtoarepaymentforthegoodsdamagedindelivery.
随机试题
苏子降气汤的组成药物中含有()(1998年第148题)
在听胎心音同时还能听到哪些声音( )。
装配式混凝土水池,缠绕预应力钢丝并施加预应力时,应当()。
下列不属于财政政策工具的是()。
没有上,就无所谓下;没有左,就无所谓右,这说明()。
花旗银行
羌特勒是一种野生的蘑菇,生长在能为它提供所需糖分的寄主树木——例如道格拉斯冷杉下面。反过来,羌特勒在地下的根茎细丝可以分解这些糖分并为其寄主提供养分和水分。正是因为这种互惠的关系,采割道格拉斯冷杉下面生长的羌特勒会给这种树木造成严重的伤害。下面哪一个选项,
企业建模的业务活动确定的目的是()。
GerardCroisetfromHollandcould"see"whatwasgoingonsomewhereelseandheusedhisgift(天赋)tohelpthepolicetofindmi
A、Theydonotfitintothenormsofthe1920sand1930s.B、Theyareconsideredamixturestylesofscienceandfiction.C、Theya
最新回复
(
0
)