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It’s a seemingly intractable dilemma, suddenly as salient in Berlin or Tokyo as it is in Washington; How do you save people’s ec
It’s a seemingly intractable dilemma, suddenly as salient in Berlin or Tokyo as it is in Washington; How do you save people’s ec
admin
2022-03-27
52
问题
It’s a seemingly intractable dilemma, suddenly as salient in Berlin or Tokyo as it is in Washington; How do you save people’s economic livelihoods while telling those same people to stay home?
A global recession, many forecasters say, is here and is growing more severe by the day, as millions of consumers and workers in Europe, Asia, and North America have been sidelined as governments take strict measures to curb the COVID-19 pandemic. Actions by governments and central banks ramped up, not so much in an effort to prevent a recession as simply to weather a storm that could easily become more severe than the global financial crisis a decade ago.
Help can’t come soon enough for Dominik Wilkinson and his co-workers at a restaurant in the northern German town of Bielefeld. The restaurant’s 40 staff members were already working sharply reduced hours before Germany declared restaurants takeout-only for at least two weeks. " A prolonged closure would be death, in terms of revenue. It’s basically the same for every small and medium sized company, " says Mr. Wilkinson, a shift manager.
In the United States, a March 19 Labor Department report showed weekly claims for unemployment benefits spiking more than at any time during the 2008 financial crisis. Every day brings more turmoil in global stock and bond markets as investors seek safe havens, even as central banks offer up amounts not seen since the financial meltdown of 2008. Yet the situation’s severity is spurring governments into action. Relief measures range from mortgage or tax holidays to cash infusions for households, while also lending or simply giving money to businesses to prevent mass layoffs or permanent closures. Analysts say these are the kinds of measures that can help, but effectiveness will hinge on their magnitude and speed of delivery. And what makes this crisis different, they add, is that a pandemic must also be tamed because the economic and health crises are intertwined.
The Group of Seven international economic organization has already issued a " whatever it takes" statement of determination. The International Monetary Fund and World Bank are mobilizing help for developing nations. But so far it’s an open question whether global leadership today can match the kind of concerted effort that emerged from the depths of the 2008 crisis. " A lot of people didn’t quite measure the gravity of the situation for a while, including myself to be honest," says Ioana Marinescu, an economist at the University of Pennsylvania in Philadelphia. "We have to think about supporting business. That’s very important because if we allow businesses to fail, we are losing jobs, we’re also losing capital. "
Which of the following is TRUE about the relief measures according to Paragraph 4?
选项
A、They have been proved unavailing.
B、They can prevent companies from going out of business.
C、Their effectiveness varies with certain factors.
D、Their implementation is still up in the air.
答案
C
解析
细节题。根据题干关键词relief measures可定位到第四段第四句和第五句。原文的意思为:“救济措施的范围从抵押贷款或提供免税期到向家庭注入现金,同时还向企业提供贷款或直接注入资金以防止大规模裁员或永久性关闭。分析人士说,这些措施确实有所帮助,但是有效性取决于其范围和交付速度”。C项“其有效性因某些因素而异”为原文的同义改写,故正确。A项与原文意思相反。D项原文未提及。B项 “它们可以防止公司倒闭”过于绝对,原文说了这些措施的有效性取决于其范围和交付速度。
转载请注明原文地址:https://jikaoti.com/ti/F6jRFFFM
0
考研英语二
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