By saying "This is no flash in the pan" (Paragraph 3, Line 6), the author implies that
A. the low inflation rate will continue
B. the inflation rate will rise again
C. inflation will disappear entirely
D. there is no inflation at present
货币型理财产品的投资方向是具有高信用级别的()。
A. 中短期金融工具
B. 金融债券
C. 国家债券
D. 国际债券
Section B
Directions: There are 2 passages in this section. Each passage is followed by some questions or unfinished statements. For each of them there are four choices marked A, B, C and D. You should decide on the best choice.
Much of the language used to describe monetary policy, such as "steering the economy to a soft landing" or "a touch on the brakes", makes it sound like a precise science. Nothing could be further from the truth. The link between interest rates and inflation is uncertain. And there are long, variable lags before policy changes have any effect on the economy.
Given all these disadvantages, central bankers seem to have had much to boast of about late. Average inflation in the big seven industrial economies fell to a mere 2.3% last year, close to Its lowest level in 30 years, before rising slightly to 2.5% this July. This is a long way below the double-digit rates which many countries experienced in the 1970s and early 1980s.
It is also less than most forecasters had predicted. In late 1994 the panel of economists which The Economist polls each month said that America's inflation rate would average 3.5 % in 1995. In fact, it fell to 2.6% in August, and is expected to average only about 3% for the year as a whole. In Britain and Japan inflation is running half a percentage below the rate predicted at the end of the last year. This is no flash in the pan; over the past couple of years, inflation has been consistently lower than expected in Britain and America.
Economists have been particularly surprised by favorable inflation figures in Britain and the United States, since conventional measures suggest that both economies, esp. America's, have little productive slack. America's capacity utilization, for example, hit historically high levels earlier this year, and its jobless rate has fallen below most
Why has inflation proved so wild7 The most thrilling explanation is, unfortunately a little defective. Some economists argue that powerful structural changes in the world have up-ended the old economic models that were based upon the historical link between growth and inflation.
According to the passage, making monetary policy changes ______.
A. is comparable to driving a car
B. is similar to carrying out scientific work
C. will not influence the economy immediately
D. will have an immediate impact on the inflation rate
听力原文: Hidden passengers traveling in ships, trains, or even cars can be a terrible nuisance, especially when they are insects, in this respect, there is a great difference between human beings and insects, The former make every possible effort to avoid discovery, while the latter quickly draw attention to themselves.
We can only sympathize with the unfortunate man who had to stop his car soon after setting out from a country village to drive to London. Hearing a strange noise from the back of the ear. he naturally got out to have a look. He examined the wheels carefully but as he found nothing wrong, he continued on his way. The noise began almost immediately and now it was louder than ever. Quickly turning his head, the man saw what appeared to be a great black cloud following the car. When be stopped at a village further on, he was told that a queen bee must be hidden in his car as there were thousands of bees nearby.
On learning this, the man realized that the only way to escape would be to drive away as quickly as possible. After an hour's hard driving, he arrived in London where he parked his car outside a hotel and went in to have a drink. It was not long before a customer who had seen him arrive hurried in to inform. him that his car was covered with bees. The poor motorist telephoned the police and explained what had happened. The police decided that the best way to deal with the situation would be to call a bee-keeper. In a short time, the bee-keeper arrived. He found the unwelcome passenger hidden near the wheels at the back of the car. Very grateful to the motorist for his unexpected gift, the keeper took the queen and her thousands of followers home in a large box. Equally grateful the motorist drove away in peace, at last flee from the "black cloud" which had hung over his car.
(30)
A big noise.
B. A strange noise.
C. A stranger's noise.
D. A child's noise.