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1、1Onephaseofthebusinesscycleistheexpansionphase.Thisphaseisatwofoldone,includingrecoveryandprosperity,duringtherecoveryperiodthereisever-growingexpansionofexistingfacilities,andnewfacilitiesforproductionarecreated.Morebusinessesarecreatedandolderonesexpanded.Improvementsof

2、variouskindsaremade.Thereisaneverincreasingoptimismaboutthefutureofeconomicgrowth.Muchcapitaisinvestedinmachineryor"heavy"industry.Morelaborisemployed.Morerawmaterialsarerequired.Asonepartoftheeconomydevelops.Otherpartsareaffected.Forexample.Agreatexpansioninautomobilesre

3、sultsinanexpansionofthesteel,agreatexpansioninautomobilesresultsinanexpansionofthesteel,glass,andrubberindustries.Roadsarerequired.Thusthecementandmachineryindustriesarestimulated.Demandforlaborandmaterialsresultsingreaterprosperityforworkersandsuppliersofrawmaterials,inc

4、ludingfarmers.Thisincreasespurchasingpowerandthevolumeofgoodsboughtandsold.Thusprosperityisdiffusedamongthevariousportionsofthepopulation.Thisprosperityperiodmaycontinuetoriseandrisewithoutonapparentend.However.Atimecomeswhenthisphasereachesapeakandstopsspiralingupwards.T

5、hisistheendoftheexpansionphase.　　1.whichofthefollowstatementisthebestexampleoftheoptimismmentionedinline8ofthepassageasbeingpartoftheexpansionphase?　　(A)Pubicfundsaredesignatedfortheconstructionofnewhighwaysdesignatedtostimulatetourism.　　(B)Industrialfirmsallocatemoniesfo

6、rthepurchaseofmachinetools.　　(C)Thepricesofagriculturalcommoditiesareincreasedattheproducerlevel　　(D)Fullemploymentisachievedatalllevelsoftheeconomy　　(E)Astechnologyadvance,innovativebusinessesreplaceantiquatedfirms　　2.itcanbeinferredfromthepassagethattheauthorbelievestha

7、t　　(A)whenconsumerslosetheirconfidenceinthemarker,arecessionfollows　　(B)Cyclicalendstobusinessexpansionarenormal　　(C)Luxurygoodssuchasjewelryareunaffectedbyindustrialexpansion　　(D)Withsoundeconomicpolicies,prosperitycanbecomeafixedpattern　　(E)Thecreationofnewproductsisess

8、entialforprosperity　　3.whichofthefollowingstatementswouldbemostlikelytobegintheparagraphimmediat