1．Between 150 and 173, Britain's GDP grew at an average annual rate of 3%. Growth was hampered by chronic balance of payment deficits. The term "Britain disease" is now used to characterize Britain's economic decline.
150年至173年兼，英國的國民生產(chǎn)總值平均年增長率為3％。經(jīng)濟(jì)發(fā)展受阻于長期收支平衡的赤字，現(xiàn)在常用“英國病”這個詞來概括英國經(jīng)濟(jì)衰退的特征。

2．By the end of 147, the British economy had returned to its pre-war levels. The British economy in the 50s and 60s is characterized by show but steady growth, low unemployment and great material prosperity with rising standard of consumption.
到147年底，英國經(jīng)濟(jì)恢復(fù)到戰(zhàn)前水平，50到60年代，英國經(jīng)濟(jì)的特點(diǎn)是發(fā)展緩慢而穩(wěn)定，失業(yè)少，消費(fèi)上升，物質(zhì)極度繁榮。

3．John m Keynes suggested that the government should use fiscal and monetary policy to fine-tune aggregate demand to achieve full employment, while using prices and incomes policy to suppress inflation at source.
約翰，凱恩斯建議政府在利用物價和收入政策從根本上抑制通脹的同時，應(yīng)該利用財政和貨幣政策來微調(diào)社會總需求，以達(dá)到充分就業(yè)的目的。

4．The end of 173 witnessed the first oil shock. As a result the rate of inflation rose to 16% in 174. In the 170s among the developed countries Britain maintained the lowest growth rate and the highest inflation rate.
173年爆發(fā)了第一次石油危機(jī)，結(jié)果通脹率在174年上升到了16％，70年代在發(fā)達(dá)國家中，英國增長率最低而通脹率最高。

5．The new economic programmed adopted by Mrs. Thatcher was based on the new classical school of thought. Privatization deregulation and market liberalization replaced prices and incomes control and state interventionism.
由撒切爾夫人提出的新經(jīng)濟(jì)計劃以新的古典思想學(xué)派理論為基礎(chǔ)，私有化、撤銷價格管制和市場自由化取代了物價和收入控制及政府的干涉主義。