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Unit 6 英语财经报刊选读 Unit 3 Obama’s Economic Recovery Plan Overview Comprehension questions for Text A What’s new in Text A Looking from China’s perspective Unit 3Obama’s Economical Recovery Plan Comprehension Questions 1. What is the purpose of the stimulus plan? 2. What are the contents of the stimulus plan? 3. How does the stimulus plan work? 4. What are the differences between monetary stimulus and economic stimulus? The purpose of the plan The plan will stimulate vital sectors of the economy such as energy and health care, making U.S. firms more competitive internationally. The contents of the plan The plan includes the following sectors: Energy, Science and technology, Infrastructure, Education, Health, tax cuts and tax credits. How does the plan work? In the short term, the government will encourage consumers or companies to consume goods. In the longer term, the government will encourage the growth of business and the creation of jobs through investment in infrastructure and research. The differences between monetary stimulus and economic stimulus Monetary stimulus is a process through which the U.S. Federal Reserve Board adjusts interests rates to encourage or discourage lending. Economic stimulus is a means by which a government can seek to boost its economy , either by encouraging consumers or companies to consume goods, by encouraging the growth of businesses and the creation of jobs through investment in infrastructure and research. What’s new in Text A This article is about President Obama’s economical stimulus plan in an effort to pull the U. S. economy frown its downturn. The article gives us a detailed explanation of the contents of the plan and how it works. It gives us very clear definitions of some terms. We can see a very clear structure of this article. Looking from China’s perspective When we look at our Chinese economy, do you think we have similar problems like those in other countries? Do you know we ha
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