Could the bad old days of economic decline be about to return? Since OPEC agreed to supply - 试题答案网问答

第1题

Thanksgiving DayThe American Thanksgiving Day celebration goes back to 1621. In that year,

Thanksgiving Day

The American Thanksgiving Day celebration goes back to 1621. In that year, a special dinner was prepared in Plymouth, Massachusetts. The people who had settled there had left England because they were forbidden to keep their religious belief. They came to the new land and faced difficulties in sailing across the ocean. The ship which carried them was called "the Mayflower". The North Atlantic was hard to travel. There were bad storms and huge waves. With the help of the Indians, they learned to live in the new land. These Puritans, as they were called, had much to be thankful for. They could enjoy religious freedom. They learned how to grow their crops in accordance with the climate and soil. Now when they selected the fourth Thursday of November for their Thanksgiving celebration, they invited their neighbors, the Indians, to join them in dinner. They also wanted to pray God for the new life. They recalled the group of 102 men, women and children who left England. They remembered those who did not live those the shores of Massachusetts. They thought of the 65 day's journey which tested their strength.

The first celebration of a day of Thanksgiving is approximately about______.

A．100 years old

B．200 years old

C．300 years old

D．400 years old

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第2题

Thanksgiving Day The American Thanksgiving Day celebration goes back to 1621. In that year

Thanksgiving Day

The American Thanksgiving Day celebration goes back to 1621. In that year, a special dinner was prepared in Plymouth, Massachusetts. The people who had settled there had left England because they were forbidden to keep their religious belief. They came to the new land and faced difficulties in sailing across the ocean. The ship which carried them was called "the Mayflower". The North Atlantic was hard to travel. There were bad storms and huge waves. With the help of the Indians, they learned to live in the new land. These Puritans, as they were called, had much to be thankful for. They could enjoy religious freedom. They learned how to grow their crops in accordance with the climate and soil. Now when they selected the fourth Thursday of November for their Thanksgiving celebration, they invited their neighbors, the Indians, to join them in dinner. They also wanted to pray God for the new life. They recalled the group of 102 men, women and children who left England. They remembered those who did not live to see the shores of Massachusetts. They thought of the 65 day's journey which tested their strength.

The first celebration of a day of Thanksgiving is about ______.

A．100 years old

B．200 years old

C．300 years old

D．400 years old

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第3题

【T8】A.INFLATION B.SHORT C.UP TO A.PREVIOUS SHOCKS RESULTED IN DOUBLE-DIGIT【T7】___

【T8】

A.INFLATION

B.SHORT

C.UP TO A.PREVIOUS SHOCKS RESULTED IN DOUBLE-DIGIT【T7】______AND GLOBAL ECONOMIC DECLINE

B.TAXES ACCOUNT FOR【T8】______FOUR-FIFTHS OF THE RETAIL PRICE

C.PUSH THE PRICE HIGHER STILL IN THE【T9】______TERM COULD THE BAD OLD DAYS OF ECONOMIC DECLINE BE ABOUT TO RETURN？ SINCE OPEC AGREED TO SUPPLY-CUTS IN MARCH, THE PRICE OF CRUDE OIL HAS JUMPED TO ALMOST $ 26 A BARREL, UP FROM LESS THAN $ 10 LAST DECEMBER.THIS NEAR-TRIPLING OF OIL PRICES CALLS UP SCARY MEMORIES OF THE 1973 OIL SHOCK, WHEN PRICES QUADRUPLED, AND 1979—1980, WHEN THEY ALSO ALMOST TRIPLE

D.BOTH【T10】______.SO WHERE ARE THE HEADLINES WARNING OF GLOOM AND DOOM THIS TIME？ THE OIL PRICE WAS GIVEN ANOTHER PUSH UP THIS WEEK WHEN IRAQ SUSPENDED OIL EXPORTS.STRENGTHENING ECONOMIC GROWTH, AT THE SAME TIME AS WINTER GRIPS THE NORTHERN HEMISPHERE, COULD【T11】______. YET THERE ARE GOOD REASONS TO EXPECT THE ECONOMIC CONSEQUENCES NOW TO BE LESS SEVERE THAN IN THE 1970S.IN MOST COUNTRIES THE COST OF CRUDE OIL NOW ACCOUNTS FOR A SMALLER SHAREOF THE PRICE OF PETROL THAN IT DID IN THE 1970S.IN EUROPE,【T12】_______, SO EVEN QUITE BIGCHANGES IN THE PRICE OF CRUDE HAVE A MORE MUTED EFFECT ON PUMP PRICES THAN IN THE PAST.

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第4题

Pepys and his wife Jane had asked some friends to dinner on Sunday, September 2nd, 1666.Th

ey were up very late on the Saturday evening, getting everything ready for the next day, and while they were busy they saw the glow(微弱的光) of a fire start in the sky. By 3 o'clock on the Sunday morning, its glow had become so bright that Jane woke her husband to watch it. Pepys slipped on his dressing-gown and went to the window to watch it. It seemed fairly far away, and after a time he went back to bed. When he got up in the morning, it looked, though the fire was dying down, as though he could still see some flames. So he set to work to tidy his room and put his things back where he wanted them.

While he was doing this, Jane came in to say that she had heard the fire was a bad one; hundreds of houses had been burned down in the night and the fire was still burning. Pepys went out to see for himself. He went to the Tower of London and climbed upon a high part of the building so that he could see what was happening. From there, Pepys could see that it was, indeed, a bad fire and that even the houses on London Bridge were burning. The man of the Tower told him that the fire had started in a baker's.shop in Pudding Lane(小巷) ; the baker's house had caught fire from the over-heated oven(烤箱) and then the flames had quickly spread to the other houses in the narrow lane. So the Great Fire of London, a fire that lasted nearly five days, destroyed most of the old city and ended, as it is said, at Pie Comer.

What is the passage about？

A．The Great Fire of London.

B．Who was the first to discover the fire.

C．What Pepys was doing during the fire.

D．The losses caused by the fire.

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第5题

【T9】A.INFLATION B.SHORT C.UP TO A.PREVIOUS SHOCKS RESULTED IN DOUBLE-DIGIT【T7】___

【T9】

A.INFLATION

B.SHORT

C.UP TO A.PREVIOUS SHOCKS RESULTED IN DOUBLE-DIGIT【T7】______AND GLOBAL ECONOMIC DECLINE

B.TAXES ACCOUNT FOR【T8】______FOUR-FIFTHS OF THE RETAIL PRICE

C.PUSH THE PRICE HIGHER STILL IN THE【T9】______TERM COULD THE BAD OLD DAYS OF ECONOMIC DECLINE BE ABOUT TO RETURN？ SINCE OPEC AGREED TO SUPPLY-CUTS IN MARCH, THE PRICE OF CRUDE OIL HAS JUMPED TO ALMOST $ 26 A BARREL, UP FROM LESS THAN $ 10 LAST DECEMBER.THIS NEAR-TRIPLING OF OIL PRICES CALLS UP SCARY MEMORIES OF THE 1973 OIL SHOCK, WHEN PRICES QUADRUPLED, AND 1979—1980, WHEN THEY ALSO ALMOST TRIPLE

D.BOTH【T10】______.SO WHERE ARE THE HEADLINES WARNING OF GLOOM AND DOOM THIS TIME？ THE OIL PRICE WAS GIVEN ANOTHER PUSH UP THIS WEEK WHEN IRAQ SUSPENDED OIL EXPORTS.STRENGTHENING ECONOMIC GROWTH, AT THE SAME TIME AS WINTER GRIPS THE NORTHERN HEMISPHERE, COULD【T11】______. YET THERE ARE GOOD REASONS TO EXPECT THE ECONOMIC CONSEQUENCES NOW TO BE LESS SEVERE THAN IN THE 1970S.IN MOST COUNTRIES THE COST OF CRUDE OIL NOW ACCOUNTS FOR A SMALLER SHAREOF THE PRICE OF PETROL THAN IT DID IN THE 1970S.IN EUROPE,【T12】_______, SO EVEN QUITE BIGCHANGES IN THE PRICE OF CRUDE HAVE A MORE MUTED EFFECT ON PUMP PRICES THAN IN THE PAST.

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第6题

【T7】A.INFLATION B.SHORT C.UP TO A.PREVIOUS SHOCKS RESULTED IN DOUBLE-DIGIT【T7】___

【T7】

A.INFLATION

B.SHORT

C.UP TO A.PREVIOUS SHOCKS RESULTED IN DOUBLE-DIGIT【T7】______AND GLOBAL ECONOMIC DECLINE

B.TAXES ACCOUNT FOR【T8】______FOUR-FIFTHS OF THE RETAIL PRICE

C.PUSH THE PRICE HIGHER STILL IN THE【T9】______TERM COULD THE BAD OLD DAYS OF ECONOMIC DECLINE BE ABOUT TO RETURN？ SINCE OPEC AGREED TO SUPPLY-CUTS IN MARCH, THE PRICE OF CRUDE OIL HAS JUMPED TO ALMOST $ 26 A BARREL, UP FROM LESS THAN $ 10 LAST DECEMBER.THIS NEAR-TRIPLING OF OIL PRICES CALLS UP SCARY MEMORIES OF THE 1973 OIL SHOCK, WHEN PRICES QUADRUPLED, AND 1979—1980, WHEN THEY ALSO ALMOST TRIPLE

D.BOTH【T10】______.SO WHERE ARE THE HEADLINES WARNING OF GLOOM AND DOOM THIS TIME？ THE OIL PRICE WAS GIVEN ANOTHER PUSH UP THIS WEEK WHEN IRAQ SUSPENDED OIL EXPORTS.STRENGTHENING ECONOMIC GROWTH, AT THE SAME TIME AS WINTER GRIPS THE NORTHERN HEMISPHERE, COULD【T11】______. YET THERE ARE GOOD REASONS TO EXPECT THE ECONOMIC CONSEQUENCES NOW TO BE LESS SEVERE THAN IN THE 1970S.IN MOST COUNTRIES THE COST OF CRUDE OIL NOW ACCOUNTS FOR A SMALLER SHAREOF THE PRICE OF PETROL THAN IT DID IN THE 1970S.IN EUROPE,【T12】_______, SO EVEN QUITE BIGCHANGES IN THE PRICE OF CRUDE HAVE A MORE MUTED EFFECT ON PUMP PRICES THAN IN THE PAST.

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第7题

【T11】A.INFLATION B.SHORT C.UP TO A.PREVIOUS SHOCKS RESULTED IN DOUBLE-DIGIT【T7】__

【T11】

A.INFLATION

B.SHORT

C.UP TO A.PREVIOUS SHOCKS RESULTED IN DOUBLE-DIGIT【T7】______AND GLOBAL ECONOMIC DECLINE

B.TAXES ACCOUNT FOR【T8】______FOUR-FIFTHS OF THE RETAIL PRICE

C.PUSH THE PRICE HIGHER STILL IN THE【T9】______TERM COULD THE BAD OLD DAYS OF ECONOMIC DECLINE BE ABOUT TO RETURN？ SINCE OPEC AGREED TO SUPPLY-CUTS IN MARCH, THE PRICE OF CRUDE OIL HAS JUMPED TO ALMOST $ 26 A BARREL, UP FROM LESS THAN $ 10 LAST DECEMBER.THIS NEAR-TRIPLING OF OIL PRICES CALLS UP SCARY MEMORIES OF THE 1973 OIL SHOCK, WHEN PRICES QUADRUPLED, AND 1979—1980, WHEN THEY ALSO ALMOST TRIPLE

D.BOTH【T10】______.SO WHERE ARE THE HEADLINES WARNING OF GLOOM AND DOOM THIS TIME？ THE OIL PRICE WAS GIVEN ANOTHER PUSH UP THIS WEEK WHEN IRAQ SUSPENDED OIL EXPORTS.STRENGTHENING ECONOMIC GROWTH, AT THE SAME TIME AS WINTER GRIPS THE NORTHERN HEMISPHERE, COULD【T11】______. YET THERE ARE GOOD REASONS TO EXPECT THE ECONOMIC CONSEQUENCES NOW TO BE LESS SEVERE THAN IN THE 1970S.IN MOST COUNTRIES THE COST OF CRUDE OIL NOW ACCOUNTS FOR A SMALLER SHAREOF THE PRICE OF PETROL THAN IT DID IN THE 1970S.IN EUROPE,【T12】_______, SO EVEN QUITE BIGCHANGES IN THE PRICE OF CRUDE HAVE A MORE MUTED EFFECT ON PUMP PRICES THAN IN THE PAST.

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第8题

The Rising Oil Price Could the bad old days of economic decline be about to return？ Since

The Rising Oil Price

Could the bad old days of economic decline be about to return？ Since OPEC agreed to supply-cuts in March, the price of crude oil has jumped to almost $ 26 a barrel, up from less than $10 last December. This near-tripling of oil prices calls up scary memories of the 1973 oil shocks resulted in double-digit inflation and global economic decline. So where are the headlines warning of gloom and doom this time？

The oil price was given another push up this week when Iraq suspended oil exports. Strengthening economic growth, at the dame time as winter grips the northern hemisphere, could push the price higher still in the short term.

Yet there are good reasons to expect the economic consequences now to be less severe than in the 1970s. In most countries the cost of crude oil now accounts for a smaller share of the price of petrol than it did in the 1970s. In Europe, taxes account for up to four-fifths of the retail price, so even quite big changes in the price of crude have a more muted effect on pump prices than in the past.

Rich economics are also less dependent on oil than they were, and so less sensitive to swings in the oil price. Energy conservation, a shift to other fuels and a decline in the importance of heavy, energy-intensive industries have reduced oil consumption. Software, consultancy and mobile telephones use far less oil than steel or car production. For each dollar of GDP (in constant prices) rich economics now use nearly 50% less oil than in 1973. The OECD estimates in its latest Economic Outlook that, if oil prices averaged $ 22 a barrel for a full year, compared with $13 in 1998, this would increase the oil import bill in rich economies by only 0.25%~0.5% of GDP. That is less than one-quarter of the income loss in 1974 or 1980. On the other hand, oil-importing emerging economies—to which heavy industry has shifted— have become more energy-intensive, and so could be more seriously squeezed.

One more reason not to lose sleep over the rise in oil prices is that, unlike the rises in the 1970s, it has not occurred against the background of general commodity-price inflation and global excess demand. A sizable portion of the world is only just emerging from economic decline. The Economist’s commodity price index is broadly unchanging from a year ago. In 1973 commodity prices jumped by 70%, and in 1979 by almost 30%.

The main reason for the latest rise of oil price is______.

A．global inflation

B．reduction in supply

C．fast growth in economy

D．Iraq’s suspension of exports

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第9题

Oil and EconomyCould the bad old days of economic decline be about to return？ Since OPEC a

Oil and Economy

Could the bad old days of economic decline be about to return？ Since OPEC agreed to supply-cuts in March, the price of crude oil has jumped to almost $ 26 a barrel, up from less than $10 last December. This near-tripling of oil prices calls up scary memories of the 1973 oil shock, when prices quadrupled, and 1979-1980, when they also almost tripled. Both previous shocks resulted in double-digit inflation and global economic decline. So where are the headlines warning of gloom and doom this time？

The oil price was given another push up this week when Iraq suspended oil exports. Strengthening economic growth, at the same time as winter grips the northern hemisphere ,' could push the price higher still in the short term.

Yet there are good reasons to expect the economic consequences now to be less severe than in the 1970s. In most countries the cost of crude oil now accounts for a smaller share of the price of petrol than it did in the 1970s. In Europe, taxes account for up to four-fifths of the retail price, so even quite big changes in the price of crude have a more muted effect on pump prices than in the past.

Rich economies are also less dependent on oil than they were, and so less sensitive to swings in the oil price. Energy conservation, a shift to other fuels and a decline in the importance of heavy, energy-intensive industries have reduced oil consumption. Software, consultancy and mobile telephones use far less oil than steel or car production. For each dollar of GDP (inconstant prices) rich economies now use nearly 50% less oil than in 1973．The OECD estimates in its latest Economic Outlook that, if oil prices averaged $ 22 a barrel for a full year, compared with $13 in 1998, this would increase the oil import bill in rich economies by only 0.25% - 0.5% of GDP. That is less than one-quarter of the income loss in 1974 or 1980．On the other hand, oil-importing emerging economies-to which heavy industry has shifted--have become more energy-intensive, and so could be more seriously squeezed.

One more reason not to lose sleep over the rise in oil prices is that, unlike the rises in the 1970s, it has not occurred against the background of general commodity-price inflation and global excess demand. A sizable portion of the world is only just emerging from economic decline. The Economist's commodity price index is broadly unchanging from a year ago. In 1973 commodity prices jumped by 70% , and in 1979 by almost 30%.

The main reason for the latest rise of oil price is ______.

A．global inflation

B．reduction in supply

C．fast growth in economy

D．Iraq's suspension of exports

点击查看答案