首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
In addition to redistributing incomes, inflation may affect the total real income and production of the community. An increase i
In addition to redistributing incomes, inflation may affect the total real income and production of the community. An increase i
admin
2005-11-28
39
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 workers 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.
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://kaotiyun.com/show/1GIO777K
0
考博英语
相关试题推荐
ElectronicCommerceAtthebeginningofthe1990s,noonehadheardoftheInternet,apartfromafewresearchersandacadem
Readthearticlebelowaboutthewaystoimproveemployees’motivation.ChoosethebestwordtofilleachgapfromA,B,Cor
Readthearticlebelowaboutthewaystoimproveemployees’motivation.ChoosethebestwordtofilleachgapfromA,B,Cor
Readtheextractbelowfromtheannualreportofacompanywithmanufacturinginterestsaroundtheworld.Choosethebestwo
Thecompanyismostworriedabouthow______.Whenputtingacallthrough,staffshouldalways______.
HowtoapproachListeningTestPartTwo•ThispartoftheListeningTesttestsyourunderstandingofnumbers,namesandspelling
Whydidlanstarthiscareersellingsportsequipment?Whydidlanbecomearecruitmentexecutive?
Ahundredyearsagoitwasassumedandscientifically"proved"byeconomiststhatthelawsofsocietymakeitnecessarytohave
TheGreek’sloftyattitudetowardscientificresearch—andthescientists’contemptofutility—wasalongtimedying.Foramill
随机试题
在教学目标制定时要强调用精确、具体、可操作的形式来表达教学目标,以及反映教学活动实施的预期结果和学生身心方面的行为变化。这属于()
冷热流体在换热时,并流时的传热温度差要比逆流时的传热温度差大。 ()
根据下列案情材料,按照《法律文书写作》教材I中的要求,拟写第一审刑事判决书。2001年×月×日,××市中级人民法院由审判长李×生、审判员刘×文、张×江依法组成合议庭,由孙×河担任书记员,公开开庭审理了王×东杀人一案。×市人民检察院检察员洪×仁出庭
LD同工酶结果在急性心肌梗死时最典型的改变是
运用比较法估价,选择可比实例应符合的基本要求包括()等。
( )比较适用于工作范围很难确定、专业施工技术要求高且急于开工的工程。
固定资产贷款的借款申请人须提交的材料文件包括()。
资料同上。下列有关乙公司非货币性资产交换的会计处理,不正确的是()。
右图反映单位体积空气所能容纳的最大水汽量与气温的关系。完成下列问题。通过上述实验可以推知,相对湿度的变化主要取决于气温,其一般规律是()。①气温高,相对湿度小②气温低,相对湿度小③清晨相对湿度最大④午后相对湿度最大
(2007下监理)在面向对象方法中,对象可看成是属性(数据)以及这些属性上的专用操作的封装体。封装是一种_____(1)技术,封装的目的是使对象的_____(2)分离。(2)
最新回复
(
0
)