四、閱讀測驗
Generally speaking, a recession is when there is a tightening of the economy, usually for a certain period of time. Given below are some signs that usually indicate that a recession is knocking.
The Rate Of Joblessness Assumes Disturbing Proportions: Usually, the rate of jobless people remains steady every month. But if there is a constant, steep rise in that number, then this could be a sign of recession.
Large Companies Start Giving Depressing Profit Figures: When many companies across all sectors start giving out depressing sales and profit figures, then alarm bells should start ringing.
Borrowers Start Defaulting: When borrowers are unable to pay back their loans on homes, vehicles, businesses and credit cards, then this could be another indication of a falling economy. Here in the United States, even lenders such as banks and credit unions have started defaulting on their financial obligations, due to the sheer number of borrowers who are in no position to repay loans they have taken out. That’s a really bad sign.
Credit Card Purchases Shoot Up: In spite of depressing news, if the number and volume of credit card purchases suddenly shoots up, it means that people no longer have cash to pay for their daily needs - and are now resorting to the last method to pay their bills. When people start paying their mortgage payments through their credit cards, thereby risking high interest payments, then this is a sign of financial desperation.
Prices Of Essential Commodities Shoots Up. When prices of food, fuel and other utilities shoot up - and the government seems helpless to do anything - then it could be said that inflation is fanning the flames of a possible recession.
【題組】48. In line 4, what does “that number” refer to?
(A) Jobless number.
(B) Employment rate.
(C)Employment rising.
(D)Job-hunting number.
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