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
56
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
MostAmericansspendfarmoreoftheirleisuretimewiththemassmediathaninanyotheroccupation.Inaddition,mostofushe
A、Theycouldn’tgetenoughincometokeepthemrunning.B、Youngpeoplecouldn’taffordtopaythetuitionfees.C、Keepingthemr
A、Hewantstoshowtheincreaseoftheemployment.B、Hewantstoshowthepreferenceoftheemployersandemployees.C、Hewants
A、Problemsthemanhasencounteredwhenwritinghishistorypaper.B、Theman’sbrokencomputer.C、Thereasonwhystaringatcomp
A、Themostdangerousearthquakeswilltakeplace.B、Fires,floodsandlandslideswilltakeplace.C、Thegroundwillopenandswa
ClimateChangeScientistspredictincreasingdroughts,floodsandextremeweatherandsaythereisgrowingevidencethathum
Anaccidentaldiscoveryhasbroughtseismologists(地震学家)onestepclosertobeingabletopredictearthquakes.Aspartofanunre
随机试题
下列哪种疾病是引起月经过多的原因
在消化性溃疡发生机制中起决定性作用的因素是
S公司股票的看跌期权执行价格为35元,其价格为每股2元,而另一看涨期权执行价亦为35元,价格为每股3.50元,作为看跌期权卖家的每股最大亏损是(),而作为看涨期权卖家的每股盈利最多是()。
货币型理财产品的投资方向是()。
“采购流程”是指采购方从目标市场(供应商)选择和购买生产、服务经营的各种原材料、零部件、设备等物料的全过程的顺序。()
某市某区人民政府欲设立一个街道办事处,依照法律规定应报哪个机关批准?()
下列各项中,与组织液生成无关的因素是
“和而不同”这一名言中的“和”所含哲理及其意义是
给定程序中,函数fun的功能是:将s所指字符串中的所有数字字符移到所有非数字字符之后,并保持数字字符串和非数字字符串原有的先后次序。例如,形参s所指的字符串为:def35adh3kjsdf7。执行结果为:defadhkjsdf3537。请在程序的下划线处
Teenagersarespendingmoremoneythanever.Justlastyear,31.6millionteensspent155billion,accordingtotheNorthbrook,
最新回复
(
0
)