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
2011-01-26
54
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.
In times of inflation ______.
选项
A、people like private or public investment
B、there is usually full plant capacity
C、creditors suffer more than other people
D、everyone suffers and no one gains
答案
A
解析
本题的依据句是“There is a great deal of private investment and jobs are plentiful.”
转载请注明原文地址:https://kaotiyun.com/show/tnBO777K
0
考博英语
相关试题推荐
Lookatthenotesbelow.Someinformationismissing.Youwillhearawomanphoningthroughanordertoheadoffice.Foreachqu
Mr.SmithbelievedthathispromotioncameSomepeoplethinkMr.Smithiscrazybecause
WhatdoIKD’sclientslikeaboutthecompany’slocation?
Thefiguresprintedbelowthestripesarecodesoftheproducerandtheproduct.ThepurposeofusingUPCistoimproveefficie
BUSINESSSERVICESATranslationservicesBMapsandplans-paperandothermediaCMultimedia-electronicpublishingD
A、OfficestaffwilltransfertoanewlocationonJune10.B、Warehouseworkersshouldremoveout-of-datestockbyJune10.C、Cus
Eveningdressnecessary______.
TheInspironAndTheOthersDELLINSPIRONnotebooksaredesignedforsmallbusinesseswhichdemandbetterperformanceandmor
Duringthe19thcentury,JewsinmostEuropeancountriesachievedsomeequalityofstatuswithnon-Jews.Nonetheless,attimesJ
RobertMenzieswasconservativePrimeMinisterofAustraliafrom1939to1941andagainfrom1949untilhisretirementin1966.
随机试题
火灾报警控制器是火灾自动报警系统中的主要设备,其主要功能包括多方面。下列关于火灾报警控制器功能的说法中,正确的是()。
酸枣仁汤中药物配伍作用,哪项不对
患者心脏杂音最可能的原因是此患者合理的治疗为
A.清心泻火B.养血柔肝C.消积理脾D.调脾健运E.平肝息风治疗口疳除滋阴生津外,还宜
()是目前操作风险识别与评估的主要方法中运用最广泛、最成熟的。
下列各项中,不属于商业信用的是()。
简述如何针对学生的气质差异因材施教?
最早完成公私合营的城市是上海。()
下列所有权的取得方法中,为所有权的继受取得的是()。
A、Sheworkedonhertermpaperfarintothenight.B、ShewatchedsomesportsgameonTV.C、Shestayedlatetohaveatalkwiths
最新回复
(
0
)