()means behavior. that obeys the accepted rules of the society or a group,and is the same as that of most other people.
A. conformity
B. purchaser
C. feminist
D. inflation
()means behavior. that obeys the accepted rules of the society or a group,and is the same as that of most other people.
A. conformity
B. purchaser
C. feminist
D. inflation
By saying "This is no flash in the pan" (Para. 3), the author means that
A.the low inflation rate will continue.
B.the inflation rate will rise again.
C.inflation will disappear entirely.
D.there is no inflation at present.
The sentence "This is no flash in the pan" (Line 5, Paragraph 3) means that ______.
A.the low inflation rate will last for some time
B.the inflation rate will soon rise
C.the inflation will disappear quickly
D.there is no inflation at present
The sentence "This is no flash in the pan" in Paragraph 3 means that ______.
A.the low inflation rate will last for some time
B.the inflation rate will soon rise
C.the inflation will disappear quickly
D.there is no inflation at present
By saying "This is no flash in the pan"(Para.3, lines 5) ,the author means that
A.the low inflation rate will continue.
B.the inflation rate will rise again.
C.inflation will disappear entirely.
D.there is no inflation at present.
"Real wages" in the passage means ______.
A.cash instead of check
B.wages that have kept up with inflation
C.new income records
D.wages that can push up economy
A、the price index in 2016 was lower than 109.0
B、the price index in 2016 was lower than 118.9
C、the price index in 2016 was lower than 118.0
D、the inflation rate between 2015 and 2016 was lower than 1.09 percent
The underlined part "keep an anxious eye on the state of his currency" means ______. ()
A.take care not to be over-critical in his writing
B.watch carefully to see that nobody else takes his job
C.be careful to ensure that his comments retain their value
D.be sure that his salary keeps pace with inflation
1.In classical macroeconomic theory, the concept of monetary neutrality means that changes in the money supply do not influence real variables. Explain why changes in money growth affect the nominal interest rate, but not the real interest rate. 2.If the demand for money depends positively on real income and depends inversely on the nominal interest rate, what will happen to the price level today, if the central bank announces (and people believe) that it will decrease the money growth rate in the future, but it does not change the money supply today? 3. If there are no unexpected changes in money supply in an economy, can there still be unexpected inflation in the economy?
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.
"Historical patterns" mentioned in the passage means that in mild inflation ______.
A.there will be more production and employment
B.private investment will be moderate and people's income influenced
C.the bad effects of the two evils will be associated with each other
D.industrial revolution made men and women more equal
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