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
2025-04-24
34
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] "Historical patterns" mentioned in the passage means that in mild inflation_______.
选项
A、there will be more production and employment
B、private investment will be moderate and people’s income influenced
C、the bad effects of the two evils will be associated with each other
D、industrial revolution made men and women more equal
答案
A
解析
本题的依据句是“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 tho historical pattern.”从中可知A项为正确答案。
转载请注明原文地址:https://tihaiku.com/zcyy/4052051.html
相关试题推荐
Inadditiontoredistributingincomes,inflationmayaffectthetotalreali
Inadditiontoredistributingincomes,inflationmayaffectthetotalreali
Anumberofresearchershaveexaminedthevariables/strategiesthataffects
Anumberofresearchershaveexaminedthevariables/strategiesthataffects
Anumberofresearchershaveexaminedthevariables/strategiesthataffects
Anumberofresearchershaveexaminedthevariables/strategiesthataffects
Alcoholabuseanddependenceareseriousproblemsaffecting10percentofad
Alcoholabuseanddependenceareseriousproblemsaffecting10percentofad
Inadditiontoredistributingincomes,inflationmayaffectthetotalreali
Inadditiontoredistributingincomes,inflationmayaffectthetotalreali
随机试题
Codesarescannedby______.[br][originaltext]Whatarezebrastripeson
It’sanannualback-to-schoolroutine.Onemorningyouwavegoodbye,andth
Theamazingsuccessofmanasa【C1】________istheresultoftheevolutionary
Turninyourcollectionofindustry-suppliedfreebiesandGoodmanwillsend
Personswhoareoverweightshouldwatch
《交通强国建设纲要》提出交通强国的发展目标,到2035年,基本形成“全国123出
糖尿病患者发生心血管疾病的危险性增加()倍,且病变更严重、更广泛、预后更差、发病
Thechangeinthatvillagewasmiraculou
下列关于债项因素的说法中,错误的是()。A.债项类型是影响LGD大小的重要因素
专供动力负荷的直流系统,在均衡充电运行和事故放电情况下,直流系统标称电压的波动范
最新回复
(
0
)