首页
登录
职称英语
[originaltext] (16)The US housing sector usually leads the rest of the econ
[originaltext] (16)The US housing sector usually leads the rest of the econ
游客
2023-08-16
86
管理
问题
(16)The US housing sector usually leads the rest of the economy out of recession. But that is happening much more slowly than usual in the wake of the latest downturn. That is because the housing industry is burdened by a huge number of bad loans that have caused a financial, bureaucratic, and economic mess. Problems in the US housing sector are slowing the economic recovery in the world’s largest economy, and elsewhere.
(17)Deborah Harris faces possible eviction from the home she has owned for the past 17 years, after failing to make some of her mortgage payments.
Harris was a paramedic with Washington’s Fire Department.
" You are about to lose your home. It’s nowhere else to go. I don’t have any husband, I don’t have any children. I’ve worked 23 years in the Fire Department, saving lives, keeping people alive, and here I am retired, and I don’t have a place to stay. Come on. I mean, that’s ridiculous," Harris said.
Harris won awards and promotions for her service on an ambulance, but stopped working after she was hurt carrying a large patient.
It took many months of doctors’ exams and filing paperwork to convince officials she was entitled to a pension. During that period without pay, she fell behind on her mortgage.
The financial crisis that started in 2007 brought rising unemployment, falling home values and surging foreclosures.
Foreclosure specialty firm RealtyTrac says foreclosures soared to more than one million a year at the peak of the crisis, from about 200,000 in an average year.
A slightly better economy has cut the foreclosure rate, but it will probably still hit about 700,000 this year.
The chief economist from the National Association of Realtors, Lawrence Yun, says the flood of foreclosures hurts the US economy, which cuts demand for products from other nations and slows global growth.
(18)" Foreclosure is the predominant reason for why the housing market is taking a long time to recover," Yun said. "Historically, the housing market always leads the economy, so when the housing market goes down, the economy goes into a recession. When the housing market recovers, economy comes out of recession. "
Questions 16 to 18 are based on the recording you have just heard.
16. Which sector usually leads the rest of the US economy out of recession?
17. Why does Deborah Harris face possible eviction from her home?
18. According to Lawrence Yun, what’s the predominant reason for the slow recovery of the housing market?
选项
A、The military sector.
B、The IT sector.
C、The housing sector.
D、The financial sector.
答案
C
解析
转载请注明原文地址:https://www.tihaiku.com/zcyy/2929756.html
相关试题推荐
Whenweworryaboutwhomightbespyingonourprivatelives,weusuallythi
[originaltext]TodayI’dliketotalkaboutthesculptorHenryMoore,inpa
[originaltext]TodayI’dliketotalkaboutthesculptorHenryMoore,inpa
[originaltext]TodayI’dliketotalkaboutthesculptorHenryMoore,inpa
[originaltext]Let’sbegintodaybydiscussingenzymes.Enzymesarewhatma
[originaltext]Let’sbegintodaybydiscussingenzymes.Enzymesarewhatma
[originaltext]Let’sbegintodaybydiscussingenzymes.Enzymesarewhatma
[originaltext]Inthe18thcenturyFrencheconomistsprotestedtheexcessive
[originaltext]Inthe18thcenturyFrencheconomistsprotestedtheexcessive
[originaltext]TheEducationSelectCommitteehasbeenexaminingtheunderac
随机试题
Supposeyouaredrivingonahighwaywiththreelanesgoinginyourdirectio
MyfriendbegantolayitonthickwhenItoldhimaboutmynewjob.Theunderli
Unlikedownturnspast,Europeannationshavekeptunemploymentfigureslowre
ForamomentitfeltlikebeinginsomepartofChina.【B1】______,Chinesesn
SMI是MIB组织信息的方式,其中每个节点对应一个编码。因第1级只有3个节点
下列有关财务弹性的表述,不正确的是()。A.财务弹性是指将资产迅速转变为现金的
路基土液性指数I1=0.5,则该土属于()状态。(09试题) A、流塑
清政府“预备立宪”之所以是一场骗局,主要是因为( )A.借“预备”之名拖延立宪
下列关于管理学知识的表述,不正确的是( )。A.行政监督的对象是行政相对人
投资项目决策分析与评价的基本要求包括贯彻落实科学发展观、资料数据准确可靠和()
最新回复
(
0
)