2011英语一模回答问题

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2012届(2011学年)上海市高三英语一模——回答问题

(宝山)

Aware that the financial crisis could spread to other sections, the Fed has moved remarkably aggressively, cutting rates by 1.25 percentage points in eight days—a rate-cutting spree(无节制行为) almost unheard of in central banking history. The Fed now has cut rates five times by accumulative(累积的) 2.25 percentage points—and there is no sign that the Fed is done. Thanks to the strategies of Hank Paulson, George Bush soon will sign a bill that will pump some $150 billion into the American economy for U.S. consumers to spend. That kind of coordination(协调) between fiscal and monetary authorities is as exceptional as it is both swift and impressive.

Sure, the Cassandras are disobeying the Fed‘s actions. Bernanke has been criticized f or everything from catering to Wall Street traders to still being behind the curve. But opinions are like a nose—everybody has one. The current noise of criticism against Bernanke is a lot like baseball fans, screaming ―throw the burn out‖ at the game or l etting out their depressions on post-game AM radio talk shows. But it‘s a lot easier to criticize than to step up to home plate and swing the bat.

The reality is that few of Bernanke‘s most bitter critics were even smart enough to make it into an introductory economics class taught by Bernanke at Princeton—let alone to run the world‘s most influential Central Bank. And to assume that Fed policy is based on responses to such criticism would be as ridiculous as for baseball star Alex Rodriguez to walk over and hand his bat to an unpleasant critic in the seats of Yankee Stadium to take his place at home plate. Thankfully, airline pilots guiding a plane through rough instability play to a less noisy crowd.

Here‘s the reality. Neither Bernanke‘s interest rate cu ts nor the federal stimulus package likely will hit the policy nail right on the head. But no real-time decision making is perfect. As John Maynard sKeynes, himself an academic with plenty of real world experience, observ ed: ―It‘s better to be nearly right than exactly wrong.‖ The Fed can‘t stop a decline, but it can help it be short and shallow. This is a complex, fast-changing situation. Let‘s give the Fed and the U.S. government some credit for acting swiftly and firmly.

(Note: Answer the questions or complete the statements in NO MORE THAN TEN WORDS) 81.The Fed has cut its rates steeply in central banking history because it has recognized that ___

__________________________________________________________________________.

82.With the help of Hank Paulson, George Bush agrees to give money to U.S. consumers to

spend, which shows that the cooperation is unusually __________________________.

83.The author‘s opinion about Bernanke‘s most rough critics is that they are ______ to run the

world‘s most influential Centra l Bank.

84.Since the situation is complex and fast-changing, what does the author approve?

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