Reading passages

152- One advantage of using prefabricated parts 
is that ...................... .
A) buildings can be put up much faster 
B) fewer skilled workmen are required 
C) this method is much cheaper than standard 
methods 
D) less land is required 
E) there is more scope for experiment 
 
153- 153-When a building is constructed from 
standard 
parts 
that 
have 
been 
well-
tested..................... .
A) there is no scope for originality 
B) one is still not sure how they will behave in a 
particular situation 
C) new method of construction are overlooked 
D) the costs will naturally be excessively high.
E) one knows in advance that the result will be 
satisfactory 
Both as a profession and as a science, economics 
lost considerable prestige during the recession of 
1974-1975. The crisis that sized the western 
industrialised countries, including Japan, was of a 
character not to be found in economics textbooks: 
rate of inflation exceeding 10% a year coupled 
with declining production and high levels of 
unemployment. Hitherto, peacetime inflation had 
been associated with high employment and an 
overactive 
economy, 
while 
high 
rates 
of 
employment went with the recession and 
depression. The next combination was aptly called 
stagflation. 
154- The term stagflation can be defined as ........... 
.
A) high unemployment in spite of high levels of 
production 
B) a decrease in the rates of inflation 
C) the combination of high inflation and economic 
recession 
D) inflation in an overactive economy 
E) high levels of peacetime inflation