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考研
On the ground floor of the Federal Reserve building in Washington, DC, there is an electronic game which tests a visitor’s skill
On the ground floor of the Federal Reserve building in Washington, DC, there is an electronic game which tests a visitor’s skill
admin
2011-04-12
65
问题
On the ground floor of the Federal Reserve building in Washington, DC, there is an electronic game which tests a visitor’s skill at setting interest rates. You have to decide how to respond to events such as rising inflation or a stockmarket crash. If you get all the answers right, the machine declares you the next Fed chairman. In real life, because of huge uncertainties about data and how the economy works, there is no obviously right answer to the question of when to change interest rates. Nor is there any easy test of who will make the best Fed chairman. So who would The Economist select for the job?
Alan Greenspan will retire as Fed chairman on January 31st, after a mere 181/2 years in the job. So George Bush needs to nominate a successor soon. Mr. Bush has a penchant for picking his pals to fill top jobs: last week he nominated his personal lawyer Harriet Miers to the Supreme Court. But his personal bank manager really would not
cut the mustard
as Fed chairman. This is the most important economic-policy job in America—indeed in the whole world. The Fed chairman sets interest rates with the aim of controlling inflation, which in turn helps determine the value of the dollar, the world’s main reserve currency. It is hardly surprising that financial markets worldwide can rise or fall on his every word.
Financial markets are typically more volatile during the first year after the handover to a new chairman than during the rest of his tenure. In October 1987,barely two months after Mr. Greenspan took office, the stock market crashed. Current conditions for a handover are hardly ideal. America’s economy has never looked so unbalanced, with a negative household savings rate,
a housing bubble
, a hefty budget deficit, a record current-account deficit and rising inflation. Figures due on October 14th are expected to show that the 12-monthrate of inflation has risen above 4% —its highest since 1991.
The author mentions "a housing bubble" in the last paragraph so as to______.
选项
A、clarify the fact that Alan Greenspan will retire as Fed chairman
B、exemplify the rumor that Mr. Bush has a penchant for picking his pals to fill top jobs
C、illustrate the notion that the present situations for a handover are hardly ideal
D、refute the theory that American economy has never looked so unbalanced
答案
C
解析
这是一道细节题,测试考生识别理解上下句之间关系的能力。本题的答案信息来源在尾段的第三、四句。尾段的第四句实际上是对第三句所做出的陈述的进一步解释和说明。尾段第三句说:“目前并非美联储主席权力移交的理想时机”。第四句利用具体的事实对第三句的陈述进行了针对性的解释。可见,本题的正确选项是C“illustrate the notion that the present situations for a handover are hardly ideal”(举例说明目前的局势就美联储主席权力移交而言并非理想)。
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0
考研英语一
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