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The president appeals to labor and management to hold down wages and prices, but says not a word about any controls to be impose
The president appeals to labor and management to hold down wages and prices, but says not a word about any controls to be impose
admin
2013-02-09
25
问题
The president appeals to labor and management to hold down wages and prices, but says not a word about any controls to be imposed by the Government.
The business and financial community has been given【C1】______that interest rates will soon be lowered, and that this particularly will【C2】______money available for more activity in new housing. Nobody in the Administration, however, is【C3】______specifically just when the high interest rates will【C4】______down.
Paul W. McCracken, Chairman of the President’s Council of Economic Advisers, in a press conference on March 17, said that he does not【C5】______the country is running into a【C6】______.
Arthur Burns, Chairman of the Federal Reserve Board, has been【C7】______that the【C8】______money policy will have to be relaxed in order to prepare the【C9】______for a decline in interest rates.
It is apparent,【C10】______, that uncertainty【C11】______even in Government circles, and that experi-mentalism【C12】______a reliance on past experience in【C13】______with wages and prices has been reason why the nation has been drifting into a depression.
Evidently there will be no effort to impose wage and price controls【C14】______the political consequences are feared. So the【C15】______are that the Administration will try a new【C16】______to manage what it considers a slowdown by【C17】______just a little more inflation. This is a risky way to handle an economy which has a【C18】______national product of more than $ 950 billion.
Anyway, officials hope that their corrective measures will stop the slowdown in business and that the economy soon will【C19】______itself. So, in effect, the soft-spoken【C20】______of Government today is; "Recession, please go away !"
【C6】
选项
A、provision
B、recession
C、constitution
D、demonstration
答案
B
解析
“不景气;经济萧条”。根据文章主题一致性的原则,该词与下文的depression形成一种呼应。而A项“供应”,C项“体制”,D项“示威”均不符合题意。
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0
考研英语一
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