资源描述：
《考研英语核心词汇速成胜经unit 45》由会员上传分享，免费在线阅读，更多相关内容在教育资源-天天文库。
1、考研英语核心词汇速成胜经Unit45一、 真题文章（1997年Text5）Muchofthelanguageusedtodescribemonetarypolicy,suchas“steeringtheeconomytoasoftlanding”or“atouchonthebrakes”,makesitsoundlikeaprecisescience.Nothingcouldbefurtherfromthetruth.Thelinkbetweeninterestratesandinflationisuncertain.Andther
2、earelong,variablelagsbeforepolicychangeshaveanyeffectontheeconomy.Hencetheanalogythatlikenstheconductofmonetarypolicytodrivingacarwithablackenedwindscreen,acrackedrear-viewmirrorandafaultysteeringwheel.Givenallthesedisadvantages,centralbankersseemtohavehadmuchtoboastabouto
3、flate.Averageinflationinthebigsevenindustrialeconomiesfelltoamere2.3%lastyear,closetoitslowestlevelin30years,beforerisingslightlyto2.5%thisJuly.Thisisalongwaybelowthedouble-digitrateswhichmanycountriesexperiencedinthe1970sandearly1980s.Itisalsolessthanmostforecastershadpre
4、dicated.Inlate1994thepanelofeconomistswhichTheEconomistpollseachmonthsaidthatAmerica'sinflationratewouldaverage3.5%in1995.Infact,itfellto2.6%inAugust,andexpectedtoaverageonlyabout3%fortheyearasawhole.InBritainandJapaninflationisrunninghalfapercentagepointbelowtheratepredic
5、tedattheendoflastyear.Thisisnoflashinthepan;overthepastcoupleofyears,inflationhasbeenconsistentlylowerthanexpectedinBritainandAmerica.EconomistshavebeenparticularlysurprisedbyfavorableinflationfiguresinBritainandtheUnitedStates,sinceconventionalmeasuressuggestthatbothecono
6、mies,andespeciallyAmerica's,havelittleproductiveslack.America'scapacityutilization,forexample,hithistoricallyhighlevelsearlierthisyear,anditsjoblessrate(5.6%inAugust)hasfallenbellowmostestimatesofthenaturalrateofunemployment—theratebelowwhichinflationhastakenoffinthepast.W
7、hyhasinflationprovedsomild?Themostthrillingexplanationis,unfortunately,alittledefective.Someeconomistsarguethatpowerfulstructuralchangesintheworldhaveup-endedtheoldeconomicmodelsthatwerebaseduponthehistoricallinkbetweengrowthandinflation.二、 译文很多用来描述货币政策的词，例如“引导经济软着陆”和“
8、触动经济刹车”，听起来象是一门精确的科学。事实远非如此。利率和通货膨胀之间的关系难以确定。在政策的变化对经济起实际作用之前，会有很长而难以确定的时间差。所以，很多人把货币政策实施
