[单项选择]Simpson
The global financial crisis of 2008—2009 began in July 2007 when a loss of confide- nce by investors in the value of securitized mortgages in the United States resulted in a liquidity crisis that prompted a substantial injection of capital into financial markets by the United States Federal Reserve, Bank of England and the European Central Bank. The TED spread, an indicator of perceived credit risk in the general economy, spiked up in July 2007, remained volatil (反复无常的) for a year, then spiked even higher in September 2008, reaching a record 4.65% on October 10, 2008.
Amy
In September 2008, the crisis deepened, as stock markets worldwide crashed and en- tered a period of high volatility, and a considerable number of banks, mortgage lenders and insurance companies failed in the following weeks. For many months before September 2008, many business journals published commentaries warning about the financial stability and risk management practices of le
[单项选择]
Simpson The global financial crisis of
2008—2009 began in July 2007 when a loss of confide- nce by investors in the
value of securitized mortgages in the United States resulted in a liquidity
crisis that prompted a substantial injection of capital into financial markets
by the United States Federal Reserve, Bank of England and the European Central
Bank. The TED spread, an indicator of perceived credit risk in the general
economy, spiked up in July 2007, remained volatil (反复无常的) for a year, then
spiked even higher in September 2008, reaching a record 4.65% on October 10,
2008. Amy In September 2008, the crisis
deepened, as stock markets worldwide crashed and en- tered a period of high
volatility, and a considerable number of banks, mortgage lenders and insurance
companies failed in the following weeks. For many months before September 2008,
many business journals published commentaries warning about the financial
stability and risk
[单项选择]Right after the global financial crisis exploded in 2008, many economists fretted that countries looking to hold on to their share of a shrinking pie would become more self-interested and protectionist, plunging the planet into an even sharper downturn, just as happened in the 1930s after the Great Depression. Thanks to panic-fueled crisis management by policymakers, it didn’t happen. But after three years of pain and very little economic gain, it may be happening now.
The signs are everywhere. Europeans are in the middle of a potentially calamitous debt crisis, one that threatens not only the survival of the euro zone but the idea of the European Union itself: politicians are starting to talk about rolling back visa-free travel between countries. Meanwhile, OPEC is falling apart as the Saudis and the Iranians quarrel over how to control the world’s energy supply. Then there’s the rise of populist politics not only in the U. S. but throughout the rest of the world.
All of thi
A. global economy is well on its way to full recovery.
B. regional economic recovery usually precedes global recovery.
C. globalization is not achieving the goal it sets for itself.
D. investment usually goes regional before it goes international.
[简答题]The global financial crisis, brewing for a while, really started to show its effects in the middle of 2007 and into 2008. Around the world stock markets have fallen, large financial institutions have collapsed or been out, and governments in even the wealthiest nations have had to come up with rescue packages to bail out their financial systems.
On the one hand many people are concerned that those responsible for the financial problems are the ones being bailed out, while on the other hand, a global financial meltdown will affect the livelihoods of almost everyone in an increasingly inter-connected world. The problem could have been avoided, if ideologues supporting the current economics models weren’t so influential and inconsiderate of others’ viewpoints and concerns.
[单项选择]The current financial crisis ()a holistic, global approach to deal with all issues.
A. cries out for
B. gets hold of
C. boils down to
D. goes in for
[单项选择]In the current global economic crisis, China, though () to some degree, is undoubtedly a country recovering the most rapidly from it according to some statistics.
A. having affected
B. has been affected
C. affected
D. has affected
[单项选择]Of all the lessons taught by the financial crisis, the most personal has been that Americans aren’t so good at money-management. We take out home loans we can’t afford. We run up sky-high credit-card debt. We don’t save nearly enough for retirement.
In response, supporters of financial-literacy education are moving with renewed enthusiasm. School districts in states such as New Jersey and Illinois are adding money-management courses to their curriculums. The Treasury and Education departments are sending lesson plans to high schools and encouraging students to compete in the National Financial Capability Challenge that begins in March.
Students with top scores on that exam will receive certificates--but chances for long-term benefits are slim. As it turns out, there is little evidence that traditional efforts to boost financial know-how help students make better decisions outside the classroom. Even as the financial-literacy movement has gained steam over the past decad
A. carry out financial-literacy education properly
B. manage money in a more efficient way
C. help students score better in money-management courses
D. improve the social awareness of financial education