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
13
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
Fordecades,thetelevisionwastheflagshipofanyconsumer-electronicspro
Whenwilltheexamtakeplace?[originaltext]NowI’dliketotalktoyouabo
Communicationisfarmorethanspeechandwriting.Mostofusareawarethat
WaterforLife[img]2014m4s/ct_eyyjsdm_eyyjsdcloze_0047
[img]2012q2/ct_eyyjscz2010a_eyyjscreada_0157_20122[/img][br]IntheCricciethF
Somesayitisevidentthatcomputerscandamageaperson’seyesight.Since
[originaltext]Theworldhasbecomenoisierplace,sayexpertsattheLibrar
2018年3月24日,都灵公司完成集成电路布图设计创作,并于2018年7月5日首
人的本质在现实性上是一切社会关系的总和,是指()。A.人的本质在于人的社会劳动
某建设施工发生一起质量事故,经调查分析是由于“边勘察、边设计、边施工”导致的,则
最新回复
(
0
)