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Quiz Type:
UDS-sosyal,
Year:
2004-2
The German economy isn't getting any healthier. Growth remains stagnant and businesses remain pessimistic about the future. Real gross domestic product in the third quarter grew by 0.3%, after a 0.2% rise in the previous quarter. Household spending was the main engine of growth in the period. Exports also helped, rising 2.7%. The weakness came largely in business investment, and construction spending also fell again. Government loans slowed. Companies' views of current conditions have stabilized. However, future expectations worsened, with the index dropping to 95.8. That doesn't promise well for a rebound in business spending. And recent rises in taxation and spending cuts by the government could weigh on consumers.
1.
It is pointed out in the passage that the higher taxes recentlyimposed in Germany----.
A)
have hit the companies far more than the consumers
B)
have aroused a great deal of discontent among the consumers
C)
are generally regarded as having been inevitable
D)
seem likely to have an adverse effect upon the consumers
E)
were necessitated by the need for an increase in public spending
Submit
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, Progress:
1 / 48 (2.08%)
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