首页
登录
职称英语
[originaltext] Hyperinflation is defined as an economic condition during whi
[originaltext] Hyperinflation is defined as an economic condition during whi
游客
2025-06-19
27
管理
问题
Hyperinflation is defined as an economic condition during which there is a steep increase in prices. In accordance with the laws of economics, three factors combine to create this condition. First, demand must be much greater than the supply of available goods. Second, the country must continuously create and thereby build up an ever-increasing supply of money. Third, the governmental processes that are used to collect taxes must be crippled. Let’ s imagine a country where production is barely accomplishing its goal; to keep up with demand. When this happens, the government should decrease the salaries of the workers by raising taxes. But the government is powerless to collect the taxes, so it prints more money to compensate for the goods it must purchase. This new money goes to the workers who produced the goods; as a result, the people are not forced to give up certain things for a while—they actually become richer. While this might appear to be a positive step, it is actually regressive. Every month the government is forced to print more and more money, thereby increasing its liabilities until, it is destroyed. The only way to prevent total economic collapse in such a situation is for the government to increase taxes in a manner that is characterized by impartiality to everyone involved.
21. Which of the following might occur during hyperinflation?
22. What does the passage imply?
23. What does the word "regressive" probably mean?
24. What does the author centers on in this passage?
选项
A、Hyperinflation is just a passing phase in the economic development.
B、People could benefit a lot from hyperinflation.
C、Hyperinflation is used by a government to raise taxes.
D、Hyperinflation may cause the downfall of a government.
答案
D
解析
录音原文提到Every month the government is forced…until it is destroyed.每月政府被迫印刷越来越多的纸币,负债不断增加直至垮台。因此恶性通货膨胀可能导致政府垮台。
转载请注明原文地址:http://tihaiku.com/zcyy/4125408.html
相关试题推荐
Whatisadocumentaryletterofcredit?A、Aconditionalbankundertakingtopaya
[originaltext]Ifyouwanttoinvestmoneyatshortterm,you’vegotsevera
[originaltext]Somebanksofferothertypesofloansrepayablebymonthlyin
[originaltext]TheTokyostockmarketrespondedcalmlyyesterdaytothecoll
[originaltext]TheTokyostockmarketrespondedcalmlyyesterdaytothecoll
[originaltext]M:I’mbusypreparingfinancialstatementsbecausemybossrequir
[originaltext]M:I’mbusypreparingfinancialstatementsbecausemybossrequir
[originaltext]M:Whatarethreetypesofbankdepositsexactly?W:Theyaresig
[originaltext]M:Whatarethreetypesofbankdepositsexactly?W:Theyaresig
[originaltext]M:Whatarethreetypesofbankdepositsexactly?W:Theyaresig
随机试题
Bobhas40coinsconsistingonlyofdimesandquarters.Ifthenumberofdimesi
Theconstitutionofa______societyisnotnecessarilysimple.A、previousB、preced
AbundanceWhatisabundance.a【T1】_
Anumberoffactorsrelatedtothevoicerevealthepersonalityofthespeak
A.螺旋甾烷醇型皂苷B.达玛烷型皂苷C.齐墩果烷型皂苷D.乌苏烷型皂苷E.羽扇豆
A.-3B.1C.4D.9
水文地质条件不良的土质路堑,路床土湿度较大时,宜设置()。A、防冻垫层 B、
基金托管人对基金管理人的投资运作监督结果,可以采取()等形式向基金管理人和中国证
中国人齐红与甲国人马克2013年在乙国依照乙国法律登记结婚,婚后二人定居在北京,
下列施工质量保证体系的内容中,属于工作保证体系的是()。A.明确施工质量目标
最新回复
(
0
)