English Lessons

DIRECTIONS: Read the following and answer the questions?  
http://www.americanenglishconversation.com/
http://freeenglishconversation.blogspot.com/
A year that was supposed to mark a turning point both for the US and global economy is rapidly turning into the recovery that wasn't.At a time when things were supposed to be getting better they are instead turning worse: Commodity prices are eating into consumer spending, historically low interest rates haven't done a thing to help housing, and, most worrisome, the job market rebound has been stopped in its tracks.

Is it too early, then, to talk about a double dip? Probably.Economists busy ratcheting down their forecasts for gross domestic product, unemployment and other metrics still think growth will resume later in the year. But GDP gains, both in the US and around the world, are likely to be considerably slower than anticipated.

"The economy appeared to have everything going for it as we entered the New Year," London-based Capital Economics said this week in an updated analysis of its 2011 outlook. "GDP growth had picked up over the closing months of last year, the activity surveys hit multi-year highs and yet another round of fiscal and monetary stimulus was being put in place."

But that was before inflation pressures—considered by Fed Chairman Ben Bernanke and other central banks to be muted this year—escalated and changed the recovery's dynamics.

 A year that was supposed to mark a turning point both for the US and global economy?

A. TRUE

B. FALSE

Fed Chairman Ben Bernanke and other central banks to be muted this year?

A. TRUE

B. FALSE