GWD-12-36 疑问大的不能再大了...

eleanor613

Q35 to Q37:

      Many economists believe that a

       high rate of business savings in the

       United States is a necessary precursor

Line       to investment, because business sav-

  (5)      ings, as opposed to personal savings,

comprise almost three-quarters of the

national savings rate, and the national

savings rate heavily influences the

overall rate of business investment.

 (10)      These economists further postulate

that real interest rates—the difference

between the rates charged by lenders

and the inflation rates—will be low when

national savings exceed business

 (15)      investment (creating a savings surplus),

and high when national savings fall

below the level of business investment

(creating a savings deficit ).  However,

during the 1960’s real interest rates

 (20)      were often higher when the national

       savings surplus was large.  Counter-

       intuitive behavior also occurred when

real interest rates skyrocketed from

2 percent in 1980 to 7 percent in 1982,

 (25)      even though national savings and

investments were roughly equal

throughout the period.  Clearly, real

interest rates respond to influences

other than the savings/investment

 (30)      nexus.  Indeed, real interest rates may

themselves influence swings in the

savings and investment rates.  As real

      interest rates shot up after 1979, for-

eign investors poured capital into the

 (35)
                United States, the price of domestic

goods increased prohibitively abroad,

and the price of foreign-made goods

became lower in the United States.  As

     a result, domestic economic activity

 (40)  and the ability of businesses to save

and invest were restrained.

Q36:

According to the passage, which of the following resulted from foreign investment in the United States after 1979?

             

1. An increase in real interest rates
2. A decrease in the savings rate of certain other nations
3. An increase in American investment abroad
4. An increase in the price of American goods abroad
5. A decrease in the price of domestic goods sold at home

 ANSWER: D

 HOWEVER。。。 如果是foreign investment 应该定位在  foreign investors poured capital into the United States,

 而as a result 后面的那句说的是 domestic 阿

 为什么不是A  As real interest rates shot up after 1979, foreign investors poured capital into the United States,

 是不是我脑子锈到了.... 似乎没人觉得答案应该是A....  

eleanor613

  顺便顶一下....

phenomena

real interest rises → foreign investment up → increase in price of American good abroad.

redhead

看清题目很重要啊。。。。。题目问的是结果，不是原因