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Hyperinflation (极度通货膨胀) is defined as an economic condition during which there is steep increase in price. In accordance wit
Hyperinflation (极度通货膨胀) is defined as an economic condition during which there is steep increase in price. In accordance wit
admin
2013-02-05
78
问题
Hyperinflation (极度通货膨胀) is defined as an economic condition during which there is steep increase in price.
In accordance with the laws of economics, three factors combine to create this condition. Firstly, demand must be much greater than the supply of available goods. Secondary, the country must continuously create and thereby build up an ever increasing supply of money. Thirdly, the governmental processes that are used to collect taxes must be destroyed.
Let’s imagine a country where production is barely accomplishing its goal: to keep up with demand. When this happens, the government should decrease the salaries of the workers by raising taxes. But the government is powerless to collect the taxes, so it prints more money to make up for the goods it must purchase. This new money goes to the workers who produced the goods; as a result, the people are not forced to give up certain things for a while. They actually become richer. While this might appear to be a positive step, it is actually worse off. Every month the government is forced to print more and more money so as to increase the amount of goods it can purchase until it is destroyed. The only way to prevent total economic breakup in such a situation is for the government to increase taxes in a manner that is characterized by equality to every one involved.
According to the passage, hyperinflation is characterized by ______.
选项
A、the rapid decrease in price
B、the reasonable increase in price
C、the rapid increase in price
D、the short-term increase in price
答案
C
解析
事实细节题。本题询问根据文章内容,极度通货膨胀的特点是什么;根据文章第一段对极度通货膨胀的定义可知发生通货膨胀时.价格急剧上涨,故选项C为正确答案。选项A(价格急剧下降)与文章内容相反。选项B(价格合理上涨)与价格急剧上涨是有其区别的。在文章当中没有提到极度通货膨胀时的价格上涨是长期还是短期现象,故不选选项D(价格短期上涨)。
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本试题收录于:
大学英语三级A级题库大学英语三级分类
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大学英语三级A级
大学英语三级
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