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
2025-04-22
30
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:https://tihaiku.com/zcyy/4048722.html
相关试题推荐
Inadditiontoredistributingincomes,inflationmayaffectthetotalreali
Inadditiontoredistributingincomes,inflationmayaffectthetotalreali
Anumberofresearchershaveexaminedthevariables/strategiesthataffects
Anumberofresearchershaveexaminedthevariables/strategiesthataffects
Alcoholabuseanddependenceareseriousproblemsaffecting10percentofad
Alcoholabuseanddependenceareseriousproblemsaffecting10percentofad
Alcoholabuseanddependenceareseriousproblemsaffecting10percentofad
Alcoholabuseanddependenceareseriousproblemsaffecting10percentofad
Inadditiontoredistributingincomes,inflationmayaffectthetotalreali
Inadditiontoredistributingincomes,inflationmayaffectthetotalreali
随机试题
Everypoliticalperiodhasitscharacteristicformofscandal.DuringtheRe
Rainforestsarecalledthelungsoftheplanet,becausetheyabsorbcarbond
Acommonassumptionabouttheprivatesectorofeducationisthatitcaters
根据中文提示,把对话中缺少的内容写在线上。这些句子必须符合英语表达习惯。打句号的
右心功能不全较早出现的临床表现是( )。A.上腹胀满 B.肝大 C.水肿
A.兴奋B.既有兴奋又有抑制C.抑制D.促药物透过血脑屏障E.无影响石菖蒲对中枢
《中共中央关于制定国民经济和社会发展第十一个五年规划的》提粗:本世纪头二十年是我
关于公文附件,下列说法正确的是:() A.附件是公文正文的说明、补充或者参
(2015年5月)企业采用科学的方法,通过各种途径,采集有关企业各类人员的工资福
宋朝()是国家确认土地所有权的凭证。 A.傅别B.质剂C.私契D.红契
最新回复
(
0
)