2. 考研
  3. What is the Classical Theory of the Rate of interest? It is something【C1】______we have all been【C2】______and which we have accep

What is the Classical Theory of the Rate of interest? It is something【C1】______we have all been【C2】______and which we have accep

admin2013-02-09  42
问题     What is the Classical Theory of the Rate of interest? It is something【C1】______we have all been【C2】______and which we have accepted without much【C3】______until recently. Yet I find it difficult to state it【C4】______or to discover an explicit【C5】______it in the leading treatises of the modem classical school.
    It is fairly clear, however,【C6】______this tradition has regarded the rate of interest【C7】______the factor which brings the demand for investment and the willingness to save【C8】______equilibrium with one another. Investment represents the demand for investable resources and saving represents the【C9】______,【C10】______the rate of interest is the"price"of investable resources【C11】______the two are equated,【C12】______the price of a commodity is necessarily fixed at the point where the demand for it is【C13】______the supply, so the rate of interest necessarily comes to rest under the play of market forces at the point where the amount of investment at【C14】______rate of interest is equal to the amount of saving at that rate.
    The【C15】______is not to be found in Marshall’s Principles in so many words.【C16】______his theory seems to be this, and【C17】______is what myself was brought up on and what I taught for many years others to others.【C18】______, for example, the following passage from his Principles; "Interest, being the price paid for the use of capitals in any market, tends towards an equilibrium level such that the【C19】______demand for capital in that market, at that rate of interest, is equal to the aggregate stock forth coming at that rate. "Or again in Professor Cassel’s Nature and Necessity of Interest it is explained that investment【C20】______the "demand for waiting" and saving the "supply of waiting", whilst interest is a"price"which serves, it is implied, to equate the two, though here again I have not found actual words to quote.
【C10】
选项 A、on the contrary
B、otherwise
C、however
D、while
答案D
解析 本题考查语意逻辑关系。由此空所在的句意来看：投资表示对可投资的资源的“求”，储蓄表示“供”。只能填入while，意思是“而……”，作连词用，表示对比。onthe contrary(相反)，otherwise(否则)，however(但是)，均不符合句意，不应选。
转载请注明原文地址:https://www.kaotiyun.com/show/nUd4777K
0

考研英语一

相关试题推荐
随机试题
最新回复(0)