寻找适合你的 英语 教师…
Tram Nguyen
What is the underlying meaning of 'short term', 'medium term' and 'long term'?
I see one question in my text book as follows:
Question: The statement said: "With inflation likely to remain above target for some while, it was judged necessary to bring consumer prices inflation back to target 'in the medium term'. 'In the medium term' means:
1/ over the next few months
2/ over the next few years
As far as I know, according to the international practices, short-term loan, defined as loans having the maximum loan term of 01 (one) year; medium-term loan, defined as loans having the loan term between above 01 (one) year and 05 (five) years at the maximum; long-term loan, defined as loans having the loan term of more than 05 (five) years. Therefore, I bear in mind as follows: Short term <1 year (or =1) ; medium term 1<x<5 (or =5); long term >5.
I chose 2. But the correct answer in the answer key is 1. I wonder is there any standard criteria for the 'in the medium term' phrase and why?
Could anyone help me to clarify? Thank you so much for your wise advice. Nice day.
2019年5月10日 07:09
回答 · 9
1
I would've answered the same as you.
No way in economics is one or 2 months "medium term".
The term "short/medium/long term" varies to the subject - there is no set time. But I would never consider a few months as 'medium term' in your example. I think your book is leading you astray. I don't consider its answer as correct.
2019年5月10日
1
As Greg said, short, medium, and long depend on the context.
For news stories, short term often means days, medium term often means months, and long term often means years.
2019年5月10日
还未找到你的答案吗？
把你的问题写下来，让母语人士来帮助你！
