商务英语阅读(第二版) 王关富 unit5 japan goes from dynamicto disheartened 课后答案

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1、Unit5JapanGoesFromDynamictoDisheartenedExercises1.Answerthequestionsonthetext:1)WhatwerethetwomajorfactorscomprisingJapan’seconomicbubbleinthe1980’s?#speculativestock#propertybubbles2)WhatwerethemethodsJapanesegovernmentadoptedtostimulateitseconomy,butturnedouttobeafai

2、lure?#budgetdeficits#floodofeasymoney3)Whatdoes“economicGodzilla”meaninthetext?Itmeanseconomicgiantwithenormouspower.ItissoquotedbecauseitisaJapanculturalicon.4)WhatarethereasonsthattheU.S.wouldnotfollowJapan’ssuit,accordingtosomeeconomists?#thegreaterresponsivenessoft

3、heAmericanpoliticalsystem#Americans’greatertoleranceforcapitalism’screativedestruction5)Whatarethespecifiedstepsinthe“deflationarytrap”?Demanddecreases→supplydecreases→unemployment/reluctanceininvesting→lessspending→lessdemand.6)WhatarethefactorscontributingtoJapan’sev

4、endimmerfuture?#theworld’slargestgovernmentdebt(around200%ofGDP)#ashrinkingpopulation#risingratesofpovertyandsuicide7)WhydopeopletodayrefertotheJapaneseyouthas“herbivores”?Because:underthebackgroundoflong-termeconomicstagnation,youngergenerationofJapanbecomepessimistic

5、andfatalistic,andtheylackambitionsthattheirparentsoncevaluedandbecomemildlytemperedandbehavedinbothcareerandsex.8)WhatdoyouthinkofJapan’srealestateindustry?Duringtheperiodofdeflation,propertykeepslosingitsvalue,andpeoplethenrefusetobuynewhousesandhouse-ownersareburdene

6、dwithlargesumsofloan.Theyhavetocomeupwithdifferentwaystocutexpenses,whichsabotagespeople’sexpectationstowardsabetterfuture.9)WhyisMr.Kaiamiexpectinginflationtocomebackagain?BecausetheJapaneseeconomyhasbeendepressedandsluggishforsolong.Ifinflationcomesbackheexpectstosee

7、vibrancyoftheJapaneseeconomyagain.10)Accordingtothearticle,howwouldyouexplain“destructivedestruction”?Onthecontrarytocreativedestruction,whichdescribesthechaoticchangesthatoccurwhenanewproduct(i.e.,technology)orserviceisintroducedintothemarket,andentrepreneurscanmakegr

8、eatprofitbyinnovation,destructivedestructionheremeanspeople’spessimisticexpectationrendersthemmakingtheirlivingbycutt