Household indebtedness, which some theorists regard as causing recession, was high preceding the recent recession, but so was the value of assets owned by households. Admittedly, if most of the assets were owned by quite affluent households, and most of the debt was owed by low-income households, high household debt levels could have been the cause of the recession despite high asset values: low-income households might have decreased spending in order to pay off debts while the quite affluent ones might simply have failed to increase spending. But, in fact, quite affluent people must have owed most of the household debt, since money is not lent to those without assets. Therefore, the real cause must lie elsewhere.
10. The argument is structured to lead to which one of the following conclusions?
(A) High levels of household debt did not cause the recent recession.
(B) Low-income households succeeded in paying off their debts despite the recent recession.
(C) Affluent people probably increased their spending levels during the recent recession.
(D) High levels of household debt have little impact on the economy.
(E) When people borrowed money prior to the recent recession, they did not use it to purchase assets.
11. Which one of the following, if true, casts the most doubt on the argument?
(A) Prior to the recent recession, middle-income households owed enough debt that they had begun to decrease spending.
(B) The total value of the economy’s household debt is exceeded by the total value of assets held by households.
(C) Low-income households somewhat decreased their spending during the recent recession.
(D) During a recession the affluent usually borrow money only in order to purchase assets.
(E) Household debt is the category of debt least likely to affect the economy.
11) 为什么 是A), middle-income 提干中无, middle-income households decrease
spending 说明不了问题, 除非 quite affluent household 或 low-income households
had begun to decrease spending prior to the recent recession
这题我想不明白. 请高手给指点一下. 谢谢!作者: zyh79 时间: 2003-5-9 15:36
答案A：没有考虑中产阶级的情况，他们的高负债率导致了削减开支。
那么，high levels of household debt 仍然是recession的原因
有一推理的错误，钱没贷给低收入家庭并不意味着钱就主要贷给了高收入家庭
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