Before Greenspan became an economist, his first interest was in ______.A.travelB.musicC.po
Before Greenspan became an economist, his first interest was in ______.
A.travel
B.music
C.politics
D.education
Before Greenspan became an economist, his first interest was in ______.
A.travel
B.music
C.politics
D.education
第1题
听力原文:W: Don't you have any good news?
M: No. Yesterday, I had to stay after school, because I was talking during my biology teacher's class.
W: You'd better keep quiet during class.
M: Sometimes I do. The day before yesterday, I was very quiet during my history teacher's class and I still had to stay after class.
W: I don't understand.
M: Because I fell asleep during his class. But it wasn't my fault. The lesson was very dull.
W: I advise you to take school more seriously. If you don't pass your exam, you'll have to go out and work as a result.
M: I don't see that it makes much difference. If I have a job, I have to do dull work every day, but if I'm in school, I must listen to dull teachers every day.
What is the possible relationship between the two speakers?
A.Good friends.
B.Mother and son.
C.Teacher and student.
第2题
The author seems to regard Greenspan's manipulation of interest rates with
A.disapproval.
B.doubt.
C.approval.
D.admiration.
第3题
According to Greenspan, which of the following is the role of Fed?
A.Control the interest rate.
B.Control the price of houses.
C.Control the price of stocks.
D.Control the exports and imports.
第4题
Within hours after Greenspan's remarks, ______.
A.the indexes of stocks rose
B.people lost confidence
C.the Fed became concerned
D.the economy slowed down
第5题
第6题
Greenspan is famous for his syntax, in other words, ______.
A.he is skillful for hiding his opinion
B.he has excellent grammar and vocabulary
C.he always lies to the American public
D.he gives lots of well-known speeches
第7题
Alan Greenspan: the Most Powerful Guy
With the American's Midterm Elections over, and a new Commander-in-Chief about to step in, some Americans are a little nervous about the nation's future. But others feel secure, knowing that the man they consider the most powerful person in the world isn't going anywhere.
Just who is this behind-the-scenes guy they think has more power than George W. Bush ever will? He's Alan Greenspan, a 74-year-old expert economist who heads the Federal Reserve, commonly known as the Fed.
Unlike the president, who has to please the voters and compromise with Congress, Greenspan doesn't have to answer to anyone.
But that doesn't mean his job is easy.
Basically, Greenspan is in charge of keeping the nation's economy stable. The economy is sort of like a balloon: blow in too much air, and it pops. But with too little air, it falls to the floor. Greenspan helps decide when to blow more air into the economy. In this case, the air in a balloon is. the amount of money in the economy. Greenspan can make the economy grow by increasing the money supply, or keep the economy from inflating too much by decreasing the money supply. His goal is for the economy to grow and contract gradually. Rapid changes can harm businesses and consumers.
Translating "Greenspan—Speak"
In a speech lately, Greenspan hinted the Fed was concerned the economy might be slowing down too fast. What Greenspan actually said was that the Fed should "remain alert to the possibility that greater caution and weakening asset values in financial markets could signal or precipitate(促成) an excessive softening in household and business spending. "But what investors heard was: "I may lower interest rates which will make it easier for the companies you are investing in to borrow money. That means they'll expand and their stock will be worth more in the future."
Within hours of Greenspan's remarks, so many investors bought stocks that the Dow Jones and the NASDAQ rose by three percent and ten percent that day. The value of some companies went up by millions of dollars, just because investors had confidence in Greenspan's words.
Increasing Influence
But Greenspan doesn't just work magic by talking. He was educated at New York University and Columbia and appointed to his job in 1987 by President Ronald Reagan. And he's credited with steering the country through some difficult times since then, including a serious stock market crash just after he took the job.
Another reason Greenspan has become almost a celebrity in America, is that more people are paying attention to the stock market than ever before. It used to be that only rich people and powerful corporations had the extra money to invest in stocks. But the U.S. economy has done so well in recent years, that more and more ordinary people are investing in stocks.
Who is Greenspan?
He's a native New Yorker. His first focus was music: He attended New York's Julliard School and toured the country for a year in the early 1940s, playing in the Henry Jerome swing band(摇摆乐队). If nothing else, friends believe, this experience of US travel gave him the ability to connect dispassionate(不带感情的) economic theories with the individuals they affect.
"The most outstanding thing about his is he knows the American economy…," says friend Herbert Stein, an economist.
A swing into economics carried him straight into moderate Republican politics. He advised Richard Nixon in his 1968 campaign, and served briefly in the Bureau of the Budget.
Seven years later, he returned to government service, replacing Mr. Stein as chair of the Council of Economic Advisers in the final days of Nixon presidency. He agreed only after being assured that Vice President Ford would keep him.
In that
A.business
B.money
C.the Fed
D.government
第8题
Why did Greenspan answer the question about weather hesitantly?
A.Because he needed to see clearly what the weather was like.
B.Because he has a habit of being careful with his words.
C.Because he was thinking about something important.
D.Because he didn't know the person who asked him the question.
第9题
Even before Alan Greenspan's admission that America's red-hot economy is cooling, lots of working folks had already seen signs of the slowdown themselves. From car dealerships to Gap outlets, sales have been lagging for months as shoppers temper their spending. For retailers, who last year took in 24% of their revenue between Thanksgiving and Christmas, the cautious approach is coming at a crucial time. Already, experts say, holiday sales are off 7% from last year's pace. But don't sound any alarms just yet. Consumers seem only mildly concerned, not panicked, and many say they remain optimistic about the economy's long-term prospects, even as they do some modest belt-tightening.
Consumers say they're not in despair because, despite the dreadful headlines, their own fortunes still feel pretty good. Home prices are holding steady in most regions. In Manhattan, "there's a new gold rush happening in the $4 million to $10 million range, predominantly fed by Wall Street bonuses," says broker Barbara Corcoran. In San Francisco, prices are still rising even as frenzied overbidding quiets. "Instead of 20 to 30 offers, now maybe you only get two or three," says John Tealdi, a Bay Area real-estate broker. And most folks still feel pretty comfortable about their ability to find and keep a job.
Many folks see silver linings to this slowdown. Potential home buyers would cheer for lower interest rates. Employers wouldn't mind a little fewer bubbles in the job market. Many consumers seem to have been influenced by stock-market swings, which investors now view as a necessary ingredient to a sustained boom. Diners might see an upside, too. Getting a table at Manhattan's hot new Alain Ducasse restaurant used to be impossible. Not anymore. For that, Greenspan & Co. may still be worth toasting.
By "Ellen Spero isn't biting her nails just yet" in Paragraph 1, the author means ______.
A.Spero can hardly maintain her business
B.Spero is too much engaged in her work
C.Spero has grown out of her bad habit
D.Spero is not in a desperate situation