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
2010-07-14
58
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 the gains to the rest of the community. Even workers 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 up 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 uncollectable 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, lull employment and full plant capacity have been reached, however, any further increases in spending are likely to be completely wasted in price increase.
Which of the following happens if there is a mild inflation?
选项
A、Everyone loses because of the increase of prices.
B、Retired people don’t experience any influence.
C、Creditor gain rather than lose with a rise in interest rates.
D、Some people gain more while others lose.
答案
D
解析
根据文章第一段中所述:In mild inflation,the losses to fixed-income groups are usually less than the gains to the rest of the community.
转载请注明原文地址:https://www.kaotiyun.com/show/uP7K777K
0
大学英语六级
相关试题推荐
Inadditiontoexercisingregularly,eatingagoodbreakfastisconsideredbymanyhealthexpertstobea【B1】______.partofa
Inadditiontoexercisingregularly,eatingagoodbreakfastisconsideredbymanyhealthexpertstobea【B1】______.partofa
Inadditiontoexercisingregularly,eatingagoodbreakfastisconsideredbymanyhealthexpertstobea【B1】______.partofa
A、Hewantstoshowtheincreaseoftheemployment.B、Hewantstoshowthepreferenceoftheemployersandemployees.C、Hewants
A、Ithasbrokendownbefore.B、Shegenerallydoesn’tallowpeopletoborrowit.C、Sheistryingtosellit,D、Sheboughtitfrom
A、Stormsandfloods.B、Diseaseandfire.C、Rapidincreaseoftheanimalpopulation.D、Lessspacefortheirgrowth.B推理判断题。本题提问的对
A、Theinsufficientbuild-upoftransportingsystem.B、Theimbalanceoftalentreservesinruralandurbanareas.C、Theirrationa
A、Lossoflifeandproperty.B、After-effects.C、Brokentransportationsystem.D、Weakeco-system.A
MasstransportationrevisedthesocialandeconomicfabricoftheAmericancityinthreefundamentalways.Itcatalyzedphysical
ClimateChangeScientistspredictincreasingdroughts,floodsandextremeweatherandsaythereisgrowingevidencethathum
随机试题
行政机关实施行政强制措施时应当制作现场笔录。()
A.基础培养基B.营养培养基C.鉴别培养基D.选择培养基E.厌氧培养基双糖铁培养基属于()
寒邪犯胃型之胃病的辨证要点为()
心肌收缩舒张交替进行的根本原因是()。
下列药物,不能用于艾滋病治疗的是
发行人应披露本次股票上市前首次公开发行股票的情况,其内容主要包括()。Ⅰ.发行价格Ⅱ.发行数量Ⅲ.市盈率Ⅳ.发行方式
基金代销机构在基金销售活动中,不正确的做法有()。
目前,使用最广泛的散料运输机械是()。
古典二分法(2014年中央财经大学803经济学综合)
(2009下项管)委托开发完成的发明创造,除当事人另有约定以外,申请专利的权利属于______所有。
最新回复
(
0
)