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 gold and silver were brought to Europe from file Spanish and Portuguese colonies in Latin America during the sixteenth ce
Before gold and silver were brought to Europe from file Spanish and Portuguese colonies in Latin America during the sixteenth ce
admin
2010-01-18
88
问题
Before gold and silver were brought to Europe from file Spanish and Portuguese colonies in Latin America during the sixteenth century, inflation had not been a major problem. Since that time, however, inflation has been a significant economic issue, especially during and after wars.
Currently, in many countries of the world, people are facing problems caused by inflation, which is a de crease in the purchasing power of money because of continuous rises in the prices of available goods. There are two different kinds of inflation, each of which can affect people’s lives.
When inflation is discussed, people generally refer to an increase in prices, wages, and the amount of money circulating in a country’s economy. The most common type of inflation is called creeping inflation be cause there is a steady but manageable increase in the rate of inflation within a year. Prices rise continuously, so that workers ask for higher wages to cover the increasing costs of housing, food, and transportation. Al though such wage increases are inflationary, they are often unavoidable. As a result, a government may have to impose price and wage controls in order to control this type of inflation.
A less common type of inflation is called hyperinflation, which is usually due to war or occupation by a foreign country. During a period of hyperinflation, price levels double rapidly. Because there is too much money available in the economy, the currency decreased in value, and people lose confidence in their government’s financial competence. To win back the trust of the people, the government may create a new currency.
Regardless of the type of inflation that a country’s economy is experiencing, inflation affects every individual in that society. In the United States, for example, many families could no longer afford to buy at today’s prices the homes that they bought years ago. As long as the costs of food and entertainment continue to rise, people will be forced to modify their lifestyles. People on fixed incomes such as pensions or scholar ships have such serious financial problems that they cannot live decently, since their incomes do not keep up with the rate of inflation.
Until there is cooperation not only among individuals within any given country but also among the various governments of the world, inflation will not continue to trouble many of us.
The characteristic of hyperinflation is ______.
选项
A、prices jump up madly
B、the currency decreases in value
C、there is too much money available
D、all of the above
答案
D
解析
由第四段第二、三句“During a period of hyperinflation,price levels double rapidly.Because there is too much money available in the economy,the currency decreased in value....”可知[A],[B]和 [C]都是hyperinflation的特征,故[D]是正确答案。
转载请注明原文地址:https://kaotiyun.com/show/nuvO777K
0
专业英语八级
相关试题推荐
Americansarefarmoresophisticatedaboutbeveragesthantheywere20yearsago.WitnesstheStarbucksrevolutionandyou’llkn
Pollutioncontrolismanagementofwastematerialsinordertominimizetheeffectsofpollutantsonpeopleandtheenvironment.
A、Jackwearsatightshirt.B、WecangraspEnglishculturebeforegraduationwiththehelpofJack.C、Jackhasn’tgotenoughtim
ThefoundersoftheRepublicviewedtheirrevolutionprimarilyinpoliticalratherthaneconomicorsocialterms.Andtheytalke
Inthefirsthalfofthe20thcentury,thefastesturbangrowthwasinWesterncities.NewYork,LondonandotherFirstWorldca
Withtheparliamentaryelectionsbehindus,wenowhaveanunobstructedviewofhowoneoftheworld’smostimportantpolitical
Withtheparliamentaryelectionsbehindus,wenowhaveanunobstructedviewofhowoneoftheworld’smostimportantpolitical
Withtheparliamentaryelectionsbehindus,wenowhaveanunobstructedviewofhowoneoftheworld’smostimportantpolitical
A、Tocancelanappointment.B、Tobookaflightforthebusinesswoman.C、Togetdowntotheminutesoftheirbusinesscontract.D
随机试题
麻子仁丸的组成中不含
A.5年B.10年C.15年D.20年E.30年《医疗事故处理条例》规定,对60周岁以上的患者因医疗事故致残的,赔偿其残疾生活补助费的时间不超过
环境污染主要包括()等几个方面。
基本分析主要适用于()
甲公司为增值税一般纳税人,适用的增值税税率为17%。2013年12月1日,甲公司向乙公司销售一批商品,开出增值税专用发票上注明的销售价格为20万元,增值税税额为3.4万元,该批商品的成本为18万元,商品已发出,款项已收到。协议约定,甲公司应于2014年5月
“陕”这个地名,是在()出现的。
警察是国家机器的重要组成部分,是()的重要工具。
古人说:“人无志,非人也。”“志不立,天下无可成之事。”“天行健,君子以自强不息。”这些话体现了中华民族传统美德中()。
Anxietydisordersarecommonandrangefrom10percentto20percentofchildrenandteens.Girlareusuallymorelikelythanbo
Theproblemhas______simplybecauseyoudidn’tfollowmyinstructions.
最新回复
(
0
)