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
Before discussing the effect of deflation and inflation on the distribution of income, it will be useful to【C1】______ these term
Before discussing the effect of deflation and inflation on the distribution of income, it will be useful to【C1】______ these term
admin
2010-06-26
52
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.
【C18】
选项
A、double
B、fluctuate
C、rise
D、fall
答案
D
解析
动词辨析题。[A]double“加倍”;[B]fluctuate“波动”;[C]rise“上升”;[D]fall“下降”。如果在贷方借出钱与收回钱之间的这段时间里,价格下降,那么他收回的实际购买力是上升的,所以[D]fall是答案。
转载请注明原文地址:https://kaotiyun.com/show/nX1K777K
0
专业英语四级
相关试题推荐
WhichofthefollowingwasNOTattackedbeforethecrashofthehelicopter?
TheUseofComputersNearlyeverythingwedointhemodernworldishelpedorevencontrolledbycomputers.Computersareb
SomepeoplewouldsaythattheEnglishman’shomeisnolongerhiscastle;thatithasbecomehisworkshop.Thisispartlybecaus
TheNeedforNewNationalValuesAsthe21stcenturybegins,anumberofleadersinpolitics,education,andotherprofessi
Beforereturningtohisoffice,Joehasto______.
TheRoleofReligioninKoreanHigherEducationItiswidelybelievedthatreligioustraditions,suchasBuddhism,Confuci
VirusesFindNewWaystoWormintoComputersJustwhenyouthoughtyouknewacomputervirusorwormwhenyousawone,seve
Weagreedtoaccept______theythoughtwasthebestteachingassistant.
随机试题
下列选项中,既能利尿通淋、又能止痒的药物有()(2005年第127题)
患者女,43岁。反复头晕病史3年,疑椎动脉型颈椎病,既往有碘过敏史。若要直观整体显示颈部血管应选择的检查为
相关系数r>0时,散点图中散点的分布形态为
下列关于招标投标的说法中,正确的是( )。
A安装公司承包了某六层商业中心的空调工程,工程内容为空调工程的施工图深化设计、设备材料采购和安装施工。合同规定热泵机组采用国外品牌,工程结算采用工程量清单综合单价计价,工期3个月。合同订立后,A公司编制了空调工程的施工组织设计,热泵机组采用汽车吊吊装,该吊
基坑开挖时,基坑深度大于( )m时,坑壁坡度适当放缓,或加做平台。
事业单位年终结账后,下列会计科目应转入事业单位结余,期末无余额的有()。
镁和铝分别与等浓度、等体积的过量稀硫酸反应,产生气体的体积(V)与时间(t)关系如图。反应中镁和铝的()。
能够从上述资料中推出的是:
RuthBenedict’shighlypopularbookPatternsofCulturestressedtheroleofcultureinpersonalityformation.
最新回复
(
0
)