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1、韩苏:2014考研英语阅读每日一篇(22)2014考研我们来了,改变,无论是未来,或是命运,都是从现在的坚持开始,除了激情,耐力和体力,也必不可缺的,下载做题吧,呵呵,都是强人…。开始你的阅读吧!2014考研,我们通行。Unit5经济发展Text6正文Muchofthelanguageusedtodescribemonetarypolicy,suchas“steeringtheeconomytoasoftlanding”or“atouchonthebrakes,”makesitsoundlikeaprecisescience.Nothingcouldbefurtherfromthe
2、truth.Thelinkbetweeninterestratesandinflationisuncertain.Andtherearelong,variablelagsbeforepolicychangeshaveanyeffectontheeconomy.Hencetheanalogythatlikenstheconductofmonetarypolicytodrivingacarwithablackenedwindscreen,acrackedrearviewmirrorandafaultysteeringwheel.Givenallthesedisadvantages,ce
3、ntralbankersseemtohavehadmuchtoboastaboutoflate.Averageinflationinthebigsevenindustrialeconomiesfelltoamere2.3%lastyear,closetoitslowestlevelin30years,beforerisingslightlyto2.5%thisJuly.Thisisalongwaybelowthedouble-digitrateswhichmanycountriesexperiencedinthe1970sandearly1980s.Itisalsolessthan
4、mostforecastershadpredicated.Inlate1994thepanelofeconomistswhichTheEconomistpollseachmonthsaidthatAmerica’sinflationratewouldaverage3.5%in1995.Infact,itfellto2.6%inAugust,andexpectedtoaverageonlyabout3%fortheyearasawhole.InBritainandJapaninflationisrunninghalfapercentagepointbelowtheratepredic
5、tedattheendoflastyear.Thisisnoflashinthepan;overthepastcoupleofyears,inflationhasbeenconsistentlylowerthanexpectedinBritainandAmerica.EconomistshavebeenparticularlysurprisedbyfavorableinflationfiguresinBritainandtheUnitedStates,sinceconventionalmeasuressuggestthatbotheconomies,andespeciallyAme
6、rica’s,havelittleproductiveslack.America’scapacityutilization,forexample,hithistoricallyhighlevelsearlierthisyear,anditsjoblessrate(5.6%inAugust)hasfallenbellowmostestimatesofthenaturalrateofunemployment--theratebelowwhichinflationhastakenoffinthepast.Whyhasinflationprovedsomild?Themostthrilli
7、ngexplanationis,unfortunately,alittledefective.Someeconomistsarguethatpowerfulstructuralchangesintheworldhaveup-endedtheoldeconomicmodelsthatwerebaseduponthehistoricallinkbetweengrowthandinflation.Text6习题1.Fromthepassagewelearnthat_____