[研究生入学考试题库]考研英语(二)模拟题42.docxVIP

[研究生入学考试题库]考研英语(二)模拟题42.docx

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[研究生入学考试题库]考研英语(二)模拟题42 Section Ⅰ Use of English Directions: Read the following text. Choose the best word(s) for each numbered blank and mark A, B, C or D on ANSWER SHEET. For investors around the world, the recovery seems assured. The MSCI global share index has risen almost 10% since July. The 1 for this largely goes to central bankers. In early September the ECB 2 to be a lender of last resort to governments, albeit under certain conditions. Soon afterwards the Federal Reserve 3 a new round of quantitative easing and promised to keep buying 4 until American unemployment was substantially less awful. Other central banks followed with loosening of their own. All this activism 5 share prices. But is it 6 ? The 7 in shares certainly looks odd in light of the recent economic statistics. Over the past few months global growth has slowed to its weakest 8 since the 2009 recession, 9 the worlds big economies have lost steam 10 . Financial markets, of course, are forward-looking. Investors are betting that 11 monetary loosening will perk up the world economy. However, investors 12 ignores the fact that many politicians are being shockingly irresponsible. In different ways, politicians actions (or inaction) are the biggest short-term danger facing the world economy. Judging by politicians current behavior, the world economy could slow a lot 13 . The danger is most imminent, and obvious, in America, thanks to the so-called fiscal cliff. 14 current law, America is set for a fiscal squeeze worth roughly 5% of GDP as the Bush tax cuts and a host of more recent temporary tax reductions expire at the end of this year, and deep cuts to defense and other types of federal spending kick in. If politicians do nothing, that fiscal squeeze would 15 send the weak economy back into 16 . That 17 is so horrible that most people assume the

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