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
47
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] 【C13】
选项
A、mechanism
B、mercury
C、merchant
D、merchandise
答案
D
解析
形近词辨析题。[A]mechanism“机械装置,机制”;[B]mercury“水银,汞”;[C]merchant“商人”;[D]merchandise“(总称)商品,货物”。生意人出售的是商品,所以[D]merchandise是答案。
转载请注明原文地址:https://tihaiku.com/zcyy/3195435.html
相关试题推荐
WhichofthefollowingwasNOTattackedbeforethecrashofthehelicopter?[br]
Accordingtothenews,howmanypilotwhaleseventuallydiedbeforetheywerere
Accordingtothenews,howmanypilotwhaleseventuallydiedbeforetheywerere
Becauseoftheeconomicslump,thereareonly______onthebeachasbefore.A、on
Untilwhattimewillthetornadowatchbeineffect?[br][originaltext]W
Beforereturningtohisoffice,Joehasto______.[br][originaltext]M:Ihave
Beforereturningtohisoffice,Joehasto______.[originaltext]M:Ihavetoch
ThespaceshuttleDiscoverycompleteditsmissionforabout______daysbeforei
Theplanforunityunderafederalsystem______intoeffectin1782.A、putB、go
WhatweretheofficialinterestratesbeforetheReserveBankofAustraliaanno
随机试题
LanguageFamiliesThereareover【1】languagesth
Inadditiontovisibletrade,whichinvolvestheimportandexportofmercha
[originaltext]W:ProfessorMarnes,Iwonderifyoucanfillmeinonyourlectu
根据《安全生产法》的规定,安全生产监督管理部门要求,被审查、验收的单位购买其指定
根据《招标投标法实施条例》,投标保证金不得超过()。A.招标项目估算价的2%
审查应付票据,发现其中两份由于资金短缺未能按期支付,但账面记录未作调整,审计人员
血中Hb实际结合的氧量是A.氧含量 B.氧容量 C.氧和Hb的亲和力 D.
人身保险以人的生命或身体为保险标的,它的主要险种包括()。A.人身伤害责任保险
墙体节能工程使用的材料、产品进场时,应对其下列()性能进行复验。A.保温隔
在质量管理过程中,排列图法可以发挥的作用有( )。A.通过抽样检查或检验试验查
最新回复
(
0
)