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[主观题]

The recovery of the US economy during the first quarter of this year has been so spectacul

ar that it is creating a new set of risks for financial markets. The great new risks now facing the US economy center on monetary policy and the oil market. The current federal funds interest rate of only 1.75 percent has clearly become unsustainable in view of the economy's resilience. The Federal Reserve will raise interest rates by at least 0.25 percentage points during the second quarter and could increase short-term interest rates to at least 3 percent before the antumn-the level they were at before September 11.

Such tightening would probably cause refinancing to slump to about $300 billion at annual rates late this year, which would eliminate capital gains as a prop for consumer spending. Rising interest rates could also damp the rally likely to occur in the equity market as corporate profits recover. If investment spending fails to revive, the economy's annual growth rate could slide back to the 2~3 percent.

The oil price is also a big risk, mainly because the Bush administration appears determined to attack Iraq. The probability of war could easily push the oil price back into the $35~$40 a barrel range for at least a few months. In effect, that would impose a big new tax on consumer spending and corporate profits. The prospect of monetary tightening and a sharp increase in the oil price suggests that late 2002 and early 2003 could be a period of great volatility for the US economy.

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更多“The recovery of the US economy during the first quarter of this year has been so spectacul”相关的问题

第1题

Writing a short composition of about 250 to 300 words on the topic given below. (15%)Topic

Writing a short composition of about 250 to 300 words on the topic given below. (15%)

Topic: Write in 250 ~ 300 words about your own academic ambition(s)

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第2题

An important variable affecting communication across cultures is fate and personal respons

ibility. 1. This refers to the degree to which we feel ourselves the masters of our lives, versus the degree to which we see ourselves as subject to things outside our control. Another way to look at this is to ask how much see ourselves able to change and maneuver, to choose the course of our lives and relationships. Some have drawn a parallel between the emphasis on personal responsibility in North American settings and the landscape itself. The North American Landscape is vast, with large spaces of unpopulated territory. 2. The frontier mentality of "conquering" the wilderness, and the expansiveness of the land stretching huge distances, may relate to generally high levels of confidence in the ability to shape and choose our destinies.

In this expansive landscape, many children grow up with an epic sense of life, where ideas are big, and hope springs eternal. When they experience setbacks, they are encouraged to redouble their efforts, to "try, try again." 3. Action, efficacy, and achievement are emphasized and expected. Free will is enshrined in laws and enforced by courts.

Now consider places in the world with much smaller territory, whose history reflects repeated conquest and harsh straggles: Northern Ireland, Mexico, Israel, Palestine. In these places, there is more emphasis on destiny's role in human life. In Mexico, there is a legacy of poverty, invasion, and territorial mutilation. Mexicans are more likely to see struggles as invasion, and territorial mutilation. Mexicans are more likely to see struggles as inevitable or unavoidable. 4. Their fatalistic attitude is expressed in their way of responding to failure or accident by saying "ni modo" ("no way" or "tough luck", meaning that the setback was destined.

This variable is important to understanding cultural conflict. If someone invested in free will crosses paths with someone more fatalistic in orientation, miscommunication is likely. The first person may expect action and accountability. Failing to see it, they may conclude that the second is lazy, obstructionist, or dishonest. 5. The second person will expect respect for the natural order of things. Failing to see it, they may conclude that the first is coercive or irreverent inflated in his ideas of what can be accomplished or changed.

(76)

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第3题

We do not make mistakes on the basis of race of color. We do not make them because we are

male or female, young or old. We do not make mistakes of choice or judgment because we want to make mistakes. We make them because we are human. Mistakes, bad judgments, the stupid things we do are all a part of being human. We cannot hide from who we are. We should not hide from what we do. When we acknowledge our mistakes or errors and face up to our human shortmings, no one can use them against us.

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第4题

In this part you are required to write a composition entitled How to Solve the Energy Prob

lem in no less than 200 words. Your composition should follow the outlines given below:

1. 能源危机是人类所面临的一个大问题。

2.面对这个问题许多国家都采取了相应的措施。

3.开发替代能源是人类唯一的选择。

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第5题

另一个文化差异是中国人传统上爱面子、讲形式、重礼貌。在对比美国人待人接物时,他们并不经常谈论丢

脸、得脸、赏脸的事。美国人关心名誉,他们的确想到了“体面”,并使别人“显得体面”。无论如何,在日常交往上,他们更注重实质方面,而不介意一个特殊行动将使某人丢脸或得脸。像个人身份地位这样的问题,在中国之所以重要是因为他想的是面子,但美国人则认为面子不如实质那么重要。

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第6题

The greatest results in life are usually attained by simple means, and the exercise of ord

inary qualities. 1. The common life of every day, with its cares, necessities, and duties, affords ample opportunity for acquiring experience of the best kind; and its most beaten paths provide the true worker with abundant scope for effort and room for self-improvement. The road of human welfare lies along the old highway of steadfast well-doing; and they who are the most persistent, and Work in the truest spirit, will usually be the most successful.

Fortune has often been blamed for her blindness; but fortune is not so blind as men are. Those who look into practical life will find that fortune is usually on the side of the industrious, as the winds and waves are on the side of the best navigators. In the pursuit of even the highest branches of human inquiry, the commoner qualities are found the most useful—such as common sense, attention, application, and perseverance.

2. Genius may not be necessary, though even genius of the highest sort does not disdain the use of these ordinary qualities. The very greatest men have been among the least believers in the power of genius, and as worldly wise and persevering as successful men of the commoner sort. Some have even defined genius to be only common sense intensified. A distinguished teacher and president of a college spoke of it as the power of making efforts. John Foster held it to be the power of lighting one's own fire. Buffon said of genius "it is patience".

Newton's was unquestionably a mind of the very highest order, and yet, when asked by what means he had worked out his extraordinary discoveries, he modestly answered, "By always thinking unto them." At another time he thus expressed his method of study: "I keep the subject continually before me, and wait till the first dawnings open slowly by little and little into a full and clear light." 3. It was in Newton's case, as in every other, only by diligent application and perseverance that his great reputation was achieved. Even his recreation consisted in change of study, laying down one subject to take up another. To Dr. Bentley he said, "If I have done the public any service, it is due to nothing but industry and patient thought."

4. The extraordinary results effected by dint of sheer industry and perseverance, have led many distinguished men to doubt whether the gift of genius be so exceptional an endowment as it is usually supposed to be. Thus Voltaire held that it is only a very slight line of separation that divides the man of genius from the man of ordinary mould. Beccaria was even of opinion that all men might be poets and orators, and Reynolds that they might be painters and sculptors. If this were really so, that stolid Englishman might not have been so very far wrong after all, who, on Canova's death, inquired of his brother whether it was "his intention to carry on the business".

Locke, Helvetius, and Diderot believed that all men have an equal aptitude for genius, and that what some are able to effect, under the laws which regulate the operations of the intellect, must also be within the reach of others who, under like circumstances, apply themselves to like pursuits. 5. But while admitting to the fullest extent the wonderful achievements of labor, and recognizing the fact that men of the most distinguished genius have invariably been found the most indefatigable workers, it must nevertheless be sufficiently obvious that, without the original endowment of heart and brain, no amount of labor, however well applied, could have produced a Shakespeare, a Newton, a Beethoven, or a Michelangelo.

Dalton, the chemist, repudiated the notion of his being "a genius", attributing everything which he had accomplished to simple industry and accumulation. John Hunter said of himself, "My mind is like a beeh

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第7题

By 1727, no fewer than 14 types of submarines had been patented in England alone. In 1747

an ______ inventor proposed an ingenious method of submerging and returning to the surface. (identify)

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第8题

After World War 11 the glorification of an ever larger GNP formed the basis of a new mater

ialism, which became a sacred obligation for all Japanese governments, businesses, and trade unions. Anyone who mentioned the undesirable by-products of rapid economic growth was treated as a heretic. Consequently everything possible was done to make conditions easy for the manufacturers.【1】Few dared question the wisdom of discharging untreated waste into the nearest water body or untreated smoke into the atmosphere. This silence was maintained by union leaders as well as most of the country's radicals; except for a few isolated voices, no one protested.【2】An insistence on treatment of the various effluents would have necessitated expenditures on treatment equipment that in turn would have given rise to higher operating costs. Obviously this would have meant higher prices for Japanese goods, and ultimately fewer sales and lower industrial growth and GNP.

【3】The pursuit of nothing but economic growth is illustrated b v the response of the Japanese government to the American educational mission that visited Japan in 1947. After surveying Japan's educational program, the Americans suggested that the Japanese fill in their curriculum gap by creating departments in chemical and sanitary engineering. Immediately, chemical engineering departments were established in all the country's universities and technical institutes. In contrast, the recommendation to form. sanitary engineering departments was more or tess ignored, because they could bring no profit. By 1960, only two second-rate universities, Kyoto and Hokkaido, were interested enough to open such departments.

【4】The reluctance to divert funds from production to conservation is explanation enough for a certain degree of pollution but the situation was made worse by the type of technology the Japanese chose to adopt for their industrial expansion. For the most part, they simply copied American industrial methods.【5】This meant that methods originally designed for use in a country that stretched from the Atlantic to the Pacific with lots of air-and water to use as sewage receptacles were adopted for an area a fraction of the size. Moreover the Japanese diet was niche more dependent on water as a source of fish and as an input in the irrigation of rice; consequently discharged wastes built up much more rapidly in the food chain.

(76)

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第9题

美国的橄榄球运动起源于英国的橄榄球赛,同一般的足球运动、即英式足球截然不同。秋天,美国的橄榄球

运动是大、中学校里最流行的体育运动。大学通常以提供奖学金和免费膳宿的办法,鼓励著名的高中橄榄球运动员人校。橄榄球比赛备受欢迎,所以各大学常能用橄榄球比赛的售票收入来支付学校各项体育运动的费用。

美国所有较大的城市几乎都有职业橄榄球队,其运动员大多数是原来的大学橄榄球运动员。通常,职业橄榄球比赛的观众人数比大学橄榄球比赛的还要多,这是因为职业运动员势必要艺高技胜一筹。大学橄榄球比赛通常在星期六下午进行,而职业橄榄球比赛常常在星期日的下午或晚上举行。

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第10题

Ninety-five percent of adult Americans sleep seven to eight hours a night. The rest seem t

o need more than nine hours, or get along nicely on less【1】six. What distinguishes the long and short sleepers【2】the majority? To get some answers psychologist Ernest Hermann in Boston and New York papers for long and【3】sleepers to engage in an eight-night "sleep in" at Boston State Hospital's Sleep and Dream laboratory. His findings indicate that such people differ【4】ordinary sleepers and each other not【5】much physically as psychologically. Testing showed significant psycho logical【6】between long and short sleepers. The shorts【7】to be emotionally stable. Their entire life-style【8】keeping busy and avoiding psychologist problem【9】than facing them. They were also awakened seldom during the night and rose in the【10】refreshed and ready to go.

(31)

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