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Unit 3
Making Economic Sense
解读经济
Comprehension questions:
1. What is the audience response to Alan Greenspan in a baseball match?
2. How is Greenspan’s first reaction to the “Black Monday” in 1987 viewed by the
public?
3. What is the challenge to Greenspan’s successor?
4. What are the unique features that made Alan Greenspan a great economist?
Part A Exercises
1) Directions: Listen to the news carefully and match the items in column A with the
items in column B according to what you’ve heard.
Column A Column B
1. UK consumer price a. suggest to be raised
2. China personal income tax threshold b. hit a record
3. G8 debt relief deal c. be in the red
4. Crude oil price d. increase inflation
5. FTSE 100 index e. could be watered down
2) Directions: Listen to the news again and complete the following passage by filling
in the words you hear from the recording.
(1) Confronted by sticky consumer price inflation, the ECB has __________ to
cut interest rate for more than two years.
(2) While welcoming the amendment in principle, many members of the Standing
Committee of the 10th National Peoples Congress Chinas top legislature called
for the threshold to __________ to benefit more low earners.
(3) A group of small EU countries are seeking to __________ some of the key
proposals in G8 debt relief deal agreed last week by G8 leaders at Gleneagles.
(4) Front-month October contracts on the New York Mercantile Exchange touched
__________ dollars a barrel mid-morning in Singapore before easing slightly to
__________, a gain of __________ cents from Wednesdays closing in New York.
(5) Oil-dependent stock British Airways was
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