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A． anything
B． something
C． nothing
D． everything
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更多“Greenspan is aware of these problems, but he doesn't seem to believe there was an”相关的问题
第1题
A.Report this as a serious adverse event (SAE).
B.Report this as an adverse event (AE).
C.No action is require
D.Contact the Study Physician for instructions on next steps.
第2题
What is the author's attitude towards science？
A．He is depressed because of the ignorance of scientists.
B．He is doubtful because of the enormous difficulties in scientific research.
C．He is confident though he is aware of the enormous difficulties in scientific research.
D．He is delighted because of the illuminating scientific findings.
第3题
The views of Alan Greenspan and the author of the text on price bubbles are
A．complementary
B．identical
C．opposite
D．similar
第4题
It is implied in the fourth paragraph that Mr. Greenspan is skeptical of ______.
A．the stipulation of anti-monopoly rules and regulations
B．the intervention by central banks in asset prices
C．the prevention of economic recession
D．the countdown by the Federal Reserve of new economic upheavals
第5题
To which of the following is the author likely to agree？
A．It is time to illustrate some popular fallacies about buying a home.
B．Some popular flawed arguments about buying a home should be made known to the public for the time being.
C．People should be punctual in business dealings of shares and housing.
D．Alan Greenspan's claim can hold water with respect to fallacy member three.
第6题
The author mentions "a housing bubble" in the last paragraph so as to______.
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
第7题
Unlike the Fed, many other central banks have long declared explicit inflation targets and then set interest rates to try to meet these. Some economists have argued that the Fed should do the same. With Alan Greenspan, the Fed's much-respected chairman, due to retire next year—after a mere 18 years in the job—some Fed officials want to adopt a target, presumably to maintain the central bank's credibility in the scary new post-Greenspan era. The Fed discussed such a target at its February meeting, according to minutes published this week. This sounds encouraging. However, the Fed is considering the idea just when some other central banks are beginning to question whether strict inflation targeting really works.
At present central banks focus almost exclusively on consumer-price indices. On this measure Mr. Greenspan can boast that inflation remains under control. But some central bankers now argue that the prices of assets, such as houses and shares, should also somehow be taken into account. A broad price index for America which includes house prices is currently running at 5.5%, its fastest pace since 1982. Inflation has simply taken a different form.
Should central banks also try to curb increases in such asset prices？ Mr. Greenspan continues to insist that monetary policy should not be used to prick asset-price bubbles. Identifying bubbles is difficult, except in retrospect, he says, and interest rates are a blunt weapon: an increase big enough to halt rising prices could trigger a recession. It is better, he says, to wait for a housing or stockmarket bubble to burst and then to cushion the economy by cutting interest rates—as he did in 2001-2002.
And yet the risk is not just that asset prices can go swiftly into reverse. As with traditional inflation, surging asset prices also distort price signals and so can cause a misallocation of resources—encouraging too little saving, for example, or too much investment in housing. Surging house prices may therefore argue for higher interest rates than conventional inflation would demand. In other words, strict inflation targeting-the fad of the 1990s—is too crude.
The word "minutes" (Line 6, Paragraph 2) most probably means ______.
A．record
B．new-letter
C．announcement
D．motive
第8题
Part A
Directions: Read the following four texts. Answer the questions below each text by choosing A, B, C or D. (40 points)
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.
Which of the following questions does the text discuss？
A．What is the content of the electronic game？
B．Who could fill Alan Greenspan's shoes？
C．How to respond to events such as rising inflation？
D．Who could change interest rates？
第10题
A.aware of
B. aware that
C. aware of that
D. aware of what
