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
26
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] 【C6】
选项
A、Unanimous
B、Unbearable
C、Unforeseen
D、Uncooperative
答案
C
解析
形容词辨析题。[A]Unanimous“全体一致的”;[B]Unbearable“不堪忍受的”;[C]Unforeseen“不可预见的”;[D]Uncooperative“不合作的”。本段讨论的是未预料到的通胀,所以[C]Unforeseen是答案。
转载请注明原文地址:https://tihaiku.com/zcyy/3195428.html
相关试题推荐
WhichofthefollowingwasNOTattackedbeforethecrashofthehelicopter?[br]
Accordingtothenews,howmanypilotwhaleseventuallydiedbeforetheywerere
Becauseoftheeconomicslump,thereareonly______onthebeachasbefore.A、on
Untilwhattimewillthetornadowatchbeineffect?[originaltext]Weinte
ThereasonwhyIleftbeforethemeetingendedwas______Iwasboredbythelen
Beforereturningtohisoffice,Joehasto______.[br][originaltext]M:Ihave
ThespaceshuttleDiscoverycompleteditsmissionforabout______daysbeforei
Theplanforunityunderafederalsystem______intoeffectin1782.A、putB、go
WhatweretheofficialinterestratesbeforetheReserveBankofAustraliaanno
WhatweretheofficialinterestratesbeforetheReserveBankofAustraliaanno
随机试题
Whatistherelationshipbetweenthetwospeakers?[br][originaltext]M:[4B]E
[originaltext]Today,wewillexplorehowintelligencedevelopsinbabies.We
Youshouldspendabout20minutesonQuestions1—13whicharebasedonReading
WhichofthefollowingitalicizedwordsdoesNOTindicatewillingness?A、Whatwil
下列各项,属子宫内膜异位症根治性手术的是()A.子宫、双附件及盆腔内所有内
患儿,男,6岁,患急性淋巴细胞白血病1年余,已行激素和抗肿瘤药物治疗,一天前发热
关于基金资产估值因素中的估值频率,下列说法正确的有()。 ①基金一般都按照
Hodgkin淋巴瘤A.好发于年轻人 B.可以见到Reed-Sternberg
金融市场的主要功能有(??)。A.优化资源配置功能 B.反映经济运行的功能
某分部工程中各项工作间逻辑关系和相应的双代号网络计划如下表和图所示,图中错误之处
最新回复
(
0
)