After two decades of discredit, Keynes prescriptions for state intervention when free markets stum-ble have returned to dominate the national agenda. For example, any solution to the problem of federal budget deficits will probably involve raising tax revenues and also stimulating employment, the traditional Keynesian priority. Another of the economic blueprints calls for hiking income taxes while encouraging in-vestment through restored tax breaks for business. To offset higher taxes, neo-Keynesians revise the old remedy by lowering interest rates, spending less on public works and boosting productivity through the de-velopment and application of high technology. The urgent need, says Harvards Summers, is to bal-ance the federal budgets and create jobs.
Keynes also owes his comeback to an articulate group of young academics. Among the rising-star disciples are Harvard economist Jeffrey Sachs now knows as Father of the Shock Therapy, and MITs Alan Blinder, current economic advisor to President Bill Clinton. The traditional Keynesian reflex to re-duce unemployment merely by pumping up spending, says Alan Blinder, is gone forever. He aims at balancing the federal budget and raising investment primarily by increasing taxes. Sachs also argues that more than half of the deficit gap should be closed by tax increases. Both of them urge greater coordination among the G-7 on fiscal and monetary policy as the only way to head off a global recession.
36. What is the main subject of the topic?
B. The discredit of Keynesianism.
D. The retroboon of Keynesianism.
A. Slashing tax revenues.
C. Increasing taxes.
38. The word default as used in sentence 1, paragraph 2 is closest in meaning to________.
B. failure to pay debts
D. no competitors
A. Alan Blinder and Jeffrey Sachs
C. Jeffrey Sachs and Arthur Latter
40. According to the passage, what do the neo-Keynesians urge to prevent a world wide recession?
B. Dismantling tariff barriers.
D. Global investment credit for plant-and-equipment purchases
英语美文:一双丝袜(有声)
精美散文:让我们撩起生命的波纹
最美的英文情诗:请允许我成为你的夏季
英语美文:A Psalm of Life 人生礼颂
双语美文:What are you still waiting for?
双语阅读:回家的感觉真好
人生哲理:年轻无悔 别停下追寻梦想的脚步
“母亲”这个伟大的职业(双语)
英语美文:生命这个奇迹
美文欣赏:海边漫步
英语名篇名段背诵精华20
英语名篇名段背诵精华27
26个英文字母蕴含的人生哲理
英语美文:Keep on Singing
精选英语美文阅读:哪有一株忘忧草? (双语)
浪漫英文情书精选:Could This Be Real?这是真的吗?
浪漫英文情书精选:Keep You Forever永远温存着你
精选英语美文阅读:How selfless real love is 无私的爱
浪漫英文情书精选:Need You With Me需要你爱我
英语晨读:雪夜星光
精选英语美文阅读:爱的奇迹 Keep on Singing
英语美文欣赏:A beautiful song
精选英语美文阅读:山居秋暝
浪漫英文情书精选:I'm So Sorry, Baby对不起宝贝
精美散文:守护自己的天使
精选英语美文阅读:饶孟侃《呼唤》
英语标准美文85
双语美文精选:但愿人长久,千里共婵娟
英语美文:红色 Red (双语)
英语美文:越长大越孤独(双语)
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |