In the following passage there are blanks, each of which has been numbered. These numbers are printed below the passage and against each, five words are suggested, one of which fits the blank appropriately. Find out the appropriate word in each case. There is plenty written about the wealth divide in the U.S. economy. But there is another important divide the one between consumers and corporations. If you look at how U.S. households have been behaving (1) you’d think it was all blue skies. Consumer confidence is at a five-year high, thanks to higher stock prices and a (2) in the housing market. Home prices have had their biggest jump since 2005. Consumers, finally feeling more (3) are buying that new car or electronic gadget and bolstering GDP growth a bit. The wealth gap between America’s high income group and everyone else has (4) record high levels since the economic recovery from the Great Recession of 2007-09, with a clear (5) of increasing wealth for the upper-income families and no wealth growth for the middle- and lower-income families.

Question 29


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