首页
登录
职称英语
Before discussing the effect of deflation and inflation on the distribution
Before discussing the effect of deflation and inflation on the distribution
游客
2023-11-17
70
管理
问题
Before discussing the effect of deflation and inflation on the distribution of income, it will be useful to【C1】______ these terms. By inflation we mean a time of generally rising prices of goods and 【C2】______of production, such as wages and rents. By deflation we mean a time 【C3】______ most prices and costs are falling. Neither in inflation nor in deflation【C4】______ prices all move in the same direction or in exactly the same【C5】______.
【C6】______ inflation favors debtors and profit receivers at the【C7】______of creditors and fixed income receivers. 【C8】______, for example, you lend $1,000 today and are paid back one year from now. If in the【C9】_____ prices have doubled, then your debtor will be paying back only one half【C10】______much real purchasing power as you gave him.
On the other hand, one who invests in real estate, in common stocks, or in commodities makes a great【C11】______ during times of unforeseen inflation, when the【C12】______of business sales increases greatly, as do prices, between the time that business persons buy and sell their 【C13】______. Fixed or overhead costs remain the same; other costs rise, 【C14】______ not so rapidly as prices. For all these reasons, profits【C15】______— often faster than the cost of living.
In times of deflation, the situation is 【C16】______. Creditors and fixed income receivers【C17】______ to gain at the expense of debtors and profit receivers. If prices【C18】______between the time that a creditor lends money and is repaid, then he gets back more purchasing power than he lent. Between the time that a merchant buys and sells goods, he will have to take a(n)【C19】______. The school teacher whose pay is not cut, however, finds that his real income has increased.【C20】______, a hoarder finds the real value of her wealth increasing every day as prices fall. [br] 【C2】
选项
A、origins
B、causes
C、reasons
D、factors
答案
D
解析
名词辨析题。[A]origins“来源,起因”;[B]causes“原因,事业”;[C] reasons“原因”;[D]factors“因素,要素”。原句空格后的工资和租金都属于生产要素,所以[D]factors是答案。
转载请注明原文地址:https://tihaiku.com/zcyy/3195424.html
相关试题推荐
Accordingtothenews,howmanypilotwhaleseventuallydiedbeforetheywerere
______,amanwhoexpresseshimselfeffectivelyissuretosucceedmorerapidly
Theonly______beforehimwhichhefelthimselflobeincapableofcontemplatin
Hehadgone______manytrialsandordealsbeforehebecameagreatleaderofth
WhichofthefollowingthingsistheoneGeorgedidfirst?[originaltext]Before
Whatisthespeaker?[originaltext]IneedtodosometextualcriticismbeforeI
Therewillbegreatdemandonyoureffortsbeforeyoureachthe______ofthera
Theeffectofthebabyboomontheschoolshelpedtomakepossibleashift
Theeffectofthebabyboomontheschoolshelpedtomakepossibleashift
Theeffectofthebabyboomontheschoolshelpedtomakepossibleashift
随机试题
Weallsufferfromstress.Therearemanypointswhentheremaybe【B1】______
Theyheardthe_______ofswordsandreal
(2016年真题)基金从业人员应廉洁自律,不得从事可能导致与投资者或所在机构之间
用聚乙二醇作软膏基质时常采用不同分子量的聚乙二醇混合,其目的是A.调节稠度 B
A.1,2含钠液 B.2:1等张含钠液 C.2/3张含钠液 D.1/5~1
每年应对水井等地下水消防水源的常水位、最低水位、最高水位和出水量等进行一次测定。
如图,由四个全等的直角三角形拼成一个大正方形,每个三角形的面积都是1,且两直角边
风险的组成要素:()、风险事故和风险损失。A.风险单位数 B.风险
(2017年真题)下列因素中,属于商业银行贷款经营“5C标准的是()。A.
根据施工质量验收的基本规定,施工单位提交给总监理工程师的《施工现场质量管理检查记
最新回复
(
0
)