2. 外语
  3. Sky-high gasoline prices aren’t just raising the cost of Eugene Marino’s 120-mile(193-kilometer)round-trip to his job in the Was

Sky-high gasoline prices aren’t just raising the cost of Eugene Marino’s 120-mile(193-kilometer)round-trip to his job in the Was

admin2014-01-07  44
问题     Sky-high gasoline prices aren’t just raising the cost of Eugene Marino’s 120-mile(193-kilometer)round-trip to his job in the Washington area. They’re reducing his wealth, too.
    House prices in his rural subdivision beyond the Blue Ridge Mountains in Charles Town, West Virginia, have plunged as commuting expenses have soared. A four-bedroom home down the street from his is listed for $239,000, after selling new for $360,000 five years ago.
    Homeowners in the exurbs aren’t the only ones whose assets have taken a hit because of the surge in energy costs. Companies such as General Motors Corp. are writing off billions of dollars in plants and equipment that are no longer viable in an age of dearer oil. The destruction of wealth and capital will weigh on U.S. growth for years to come.
    "Our whole economy reflects the relative costs of energy: the cars we drive, the houses we occupy, the kinds of factories we have and the equipment in them," says Dana Johnson, chief economist at Comerica Bank in Dallas. "I’m expecting relatively large changes in all of these things."
    The loss of wealth could be a double whammy for the U.S. economy. In the short run, it depresses demand as homeowners save more and spend less, and companies fire workers. Longer run, it curbs productivity growth, as firms shift their focus from increasing worker efficiency to reducing energy costs.
    "At $4 per gallon gas, $125 per barrel oil and $10 per million Btu natural gas, a lot of activity becomes uneconomical," says Mark Zandi, chief economist at Moody’s Economy.com in West Chester, Pennsylvania.
    The lifestyle of the exurban commuter may be one casualty.
    Emerging suburbs and exurbs—commuter towns that lie beyond cities and their traditional suburbs—grew about 15 percent from 2000 to 2006, nearly three times as fast as the U.S. population, as Americans moved further out in search of more affordable houses or the bigger ones that are sometimes derided as McMansions.
    "It was drive until you qualify for a mortgage," says Robert Lang, director of the Metropolitan Institute at Virginia Tech in Alexandria, Virginia. "You can’t do that anymore. Your cost of transportation will spike too much."
What change has been brought to Marino’s life?
选项 A、He had to go to work by bus instead of by car.
B、He had to move to a poorer neighborhood.
C、His apartment can be sold at a higher price now.
D、His assets have been reduced much in value.
答案D
解析 前两段以Marino的经历为例说明第3段首句提到的住在远郊的私房业主资产受损严重，因此D正确。原文只是说通勤费增加，但没有提及Marino因此而坐公交车上班，所以A不正确；第2段提到Marino所住的街区的房价暴跌，但这不意味着Marino从富有的住处“搬到”较穷的住处，因此B不正确；C与第2段最后一句的内容刚好相反。
转载请注明原文地址:https://kaotiyun.com/show/wkFK777K
0

专业英语四级

相关试题推荐
随机试题
最新回复(0)