Question

American economy after 1952 was the economy of a well-fed, almost fully employed people．Despite occasional alarms, the country escaped any postwar depression and lived in a state of boom An economic survey of the year 1955, a typical year of the 1950s, may be typical as illustrating the rapid economic growth of the decade．The national output was valued at 10 percent above that of 1954 （1955 output was estimated at 392 billion dollars）．The production of manufacturers was about 40 percent more than it had averaged in the years immediately following World War Two． The country's business spent about 30 billion dollars for new factories and machinery．National income available for spending was almost a third greater than it had been in 1950．Consumers spent about 256 billion dollars; that is about 700 million dollars a day, or about twenty-five million dollars every hour, all round the clock．Sixty-five million people held jobs and only a little more than two million wanted jobs but could not find them．Only agriculture complained that it was not sharing in the room．To some observers this was a threatening echo of the mid-1920's．As farmers' share of their products declined, marketing costs rose．But there were, among the observers of the national economy, a few who were not as confident as the majority．Those few seemed to fear that the boom could not last and would eventually lead to the opposite-depression．

1．What is the best title of the passage?

       A．The Agricultural Trends of the 1950s

       B．The Unemployment Rate of the 1950s

       C．American Economy in the 1950s

       D．The Federal Budget of 1952

2．It can be inferred from the passage that most people in the United States in 1955 viewed the national economy with an air of____．

       A．confidence          B．confusion           C．disappointment     D．suspicion

3．According to the passage we can get to know the national output of 1954 was about ____．

       A．353 billion           B．356 billion            C．280 billion           D．431 billion

4．Which of the following was LEAST satisfied with the national economy in the 1950?

       A．Economists         B．Observers           C．Politicians           D．Farmers

Answer 1

CABD