首页
登录
职称英语
In addition to redistributing incomes, inflation may affect the total real i
In addition to redistributing incomes, inflation may affect the total real i
游客
2025-04-24
25
管理
问题
In addition to redistributing incomes, inflation may affect the total real income and production of the community. An increase in prices is usually associated with high employment In moderate inflation, industries are operating efficiently and output is near capacity. There is a great deal of private investment and jobs are plentiful. Such has been the historical pattern. Thus many business persons and union leaders, in evaluating a little deflation and a little inflation, consider the latter to be the lesser of two evils. In mild inflation, the losses to fixed-income groups are usually less than gains to the rest of the community. Even worker with relatively fixed wages are often better off because of improved employment opportunities and greater take-home pay, a rise in interest rates on new securities may partly compensate for any losses to creditor, and increases in pension benefits may partly make losses to retirees.
In deflation, on the other hand, the growing unemployment of labor and capital causes the community’s total well-being to be less; so in a sense, the gainers get less than the losers lose. As a matter of fact, in a depression, or a time of severe deflation, almost everyone suffers, including the creditor who is left with uncollectible debts.
For these reasons as increase in consumption of investment spending is considered good in times of unemployment, even if this tends to increase prices slightly. When the economic system is suffering from severe depression, few people will criticize private or public spending on the ground that this might be inflationary. Actually, most of this increased spending will increase production and create jobs. Once, full employment and full plant capacity have been reached, however, any further increases in spending are likely to be completely wasted in prices increase. [br] The author’s attitude towards investment is that_______.
选项
A、the more the investment, the better the economy
B、private investment is better than public investment
C、investment should be set to a limit
D、investment at the time of inflation is considered better than at the time of deflation
答案
C
解析
综观全文,C项为正确答案。
转载请注明原文地址:http://tihaiku.com/zcyy/4052054.html
相关试题推荐
Inadditiontoredistributingincomes,inflationmayaffectthetotalreali
Inadditiontoredistributingincomes,inflationmayaffectthetotalreali
Inadditiontoredistributingincomes,inflationmayaffectthetotalreali
Anumberofresearchershaveexaminedthevariables/strategiesthataffects
Anumberofresearchershaveexaminedthevariables/strategiesthataffects
Anumberofresearchershaveexaminedthevariables/strategiesthataffects
Anumberofresearchershaveexaminedthevariables/strategiesthataffects
Alcoholabuseanddependenceareseriousproblemsaffecting10percentofad
Alcoholabuseanddependenceareseriousproblemsaffecting10percentofad
Inadditiontoredistributingincomes,inflationmayaffectthetotalreali
随机试题
Inthatcountry,apersonwhomarriesbeforelegalagemusthaveaparent’s____
Mylittlebrotherbelievesthatanalieninvasionisrightaroundthecorner.A、o
(1)SomethingaboutNaplesjustseemsmadeforcomedy.Thenamealoneconjure
AccordingtoShanghaiDailyonFebruary19,ShanghaiTelecom(上海电信公司)startedto
Ifyouwipeafingeracrossahouseholdsurfacethathasn’tbeencleanedin
中国革命和建设的基本立足点是()A.统一战线 B.实事求是 C.群众路线
监控量测控制基准包括隧道内位移、地表沉降、爆破震动等,应根据地质条件、隧道施工安
下列关于金融工具的说法中错误的是( )。A.金融工具又称交易工具,是证明债权债务
小花是某校初二的一名女生,由于时间紧没有吃早饭就去上学了,而她第三节是体育课,
关于不开槽管道的施工方法中,适用于柔性管道的是( )。A.夯管 B.浅埋暗挖
最新回复
(
0
)