Many economists believe that a
high rate of business savings in the
LACE>United StatesLACE> 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) LACE>United StatesLACE>, the price of domestic
goods increased prohibitively abroad,
and the price of foreign-made goods
became lower in the LACE>United StatesLACE>. 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 LACE>United StatesLACE> after 1979?
- An increase in real interest rates
- A decrease in the savings rate of certain other nations
- An increase in American investment abroad
- An increase in the price of American goods abroad
- A decrease in the price of domestic goods sold at home
Answer: D
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为什么不选A啊?A直接在文中就找到了啊?? |