问答题Practice 8  The effect of governmental expenditures on the total economy varies with both the level of utilization of labor and capital in the economy at the time of the expenditure, and the segment of the economy which receives the expenditure's the e

题目
问答题
Practice 8  The effect of governmental expenditures on the total economy varies with both the level of utilization of labor and capital in the economy at the time of the expenditure, and the segment of the economy which receives the expenditure's the economy as a whole or the segment of the economy which is the focus of the expenditure is operating at capacity or close to capacity, then the expenditure's major effects will tend to be inflationary, and will not generate much employment of capital and labor. If the economy or sector is operating at much less than full employment, the expenditure will produce a genuine(non-inflationary)rise in the GDP.  A true measure of the effect of governmental increase in the amount of money made available, then, is not the simple dollar value of the initial injection but the cumulative effect of this injection through spending and re-spending. In the optimum case the initial expansion of income flow could be great enough to produce tax revenues in excess of the original “deficit spending” or “the tax cut,” so that deficits are not only smaller than the increased GNP but are recouped. In Keynesian economics the fundamental point of government policy clearly is not budget-balancing but spending in the event of unused productive capacity and unemployment. Spending increases productivity. The productivity resulting from federal spending has overwhelmed the older economic myths of the balanced budget where government is conceived of as just another business firm.

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更多“问答题Practice 8  The effect of governmental expenditures on the total economy varies with both the level of utilization of labor and capital in the economy at the time of the expenditure, and the segment of the economy which receives the expenditure's the e”相关问题
  • 第1题:

    听力原文:Banks are crucial to a country's economy, they serve as the center point of the exchange of money throughout the economy.

    (10)

    A.Cash is crucial to a country's economy.

    B.Money is crucial to a country's economy.

    C.Capital is crucial to a country's economy.

    D.Banks are crucial to a country's economy.


    正确答案:D
    解析:录音说的是银行对一国的经济很重要。

  • 第2题:

    A capital expenditure results in a debit to ( )

    A. an expense account

    B. a capital account

    C. a liability account

    D. an asset account


    正确答案:D

  • 第3题:

    Software Engineering Economy is an effective part of software engineering.Which of the following content is the research content of software engineering economy?

    Ⅰ.Estimation of software development cost

    Ⅱ.Earn & Cost analysis of software development

    Ⅲ.Adjustment of software development progress

    A.Ⅲ only

    B.Ⅱ and Ⅲ

    C.Ⅰ and Ⅱ

    D.all


    正确答案:C

  • 第4题:

    What is Leafman Capital's announced plan for the Hotel Jean-Claude?

    A.To build apartments on the property
    B.To update some of its facilities
    C.To operate it as an economy hotel
    D.To turn it into a historical museum

    答案:B
    解析:
    文中约瑟夫指出,他们会尽力保留酒店的历史遗产,但是会进行一些必要的整改和管道系统的现代化。可知,他们要对一些设备进行更新。

  • 第5题:

    Sine the 1960s,()has become the mainstay of the Irish economy.

    Amanufacturing

    Bmining

    Cenergy

    Danimal husbandry


    A

  • 第6题:

    问答题
    The effect of governmental expenditures on the total economy varies with both the level of utilization of labor and capital in the economy at the time of the expenditure, and the segment of the economy which receives the expenditure. If the economy as a whole or the segment of the economy which is the focus of the expenditure is operating at capacity or close to capacity, then the expenditure’s major effects will tend to be inflationary, and will not generate much employment of capital and labor. If the economy or sector is operating at much less than full employment, the expenditure will produce a genuine (non-inflationary) rise in the GNP.

    正确答案:
    政府投资对于整个经济的影响作用,受到以下两个因素的制约。第一,政府投资之时劳动力和资本的利用情况;第二,接受投资的经济部分。如果整个经济或接受主要投资的经济部分充分或接近充分发挥效能,那么政府投资的效力不会很大,所以资本和劳动力也不会得到充分利用。而如果经济潜能并未充分发挥,政府投资则会真正促进GNP的增长。
    解析: 暂无解析

  • 第7题:

    单选题
    The market economy is quickly changing people’s idea on ______ is accepted.
    A

    that

    B

    which

    C

    what

    D

    how


    正确答案: C
    解析:
    关系代词用法。题中on的后面缺少宾语,而从句中又缺少主语,在所有的选项中只有what可以担当双重成分,既充当主句的介词宾语,又充当从句的主语。干扰项A that一般只作一种成分,而且在从句中充当主语、宾语和补语。句意:市场经济正在快速改变人们对已接受事物的看法。

  • 第8题:

    问答题
    The Economy

    正确答案: I. The Evolution of the British Economy since the War
    The evolution of the British economy since WWII falls into three periods
    (1) Steady development in the 50s and 60s: The British economy in this period is characterized by slow but steady growth, low unemployment and great material prosperity with rising standards of consumption.
    (2) Economic recession经济滞胀 in the 70s: In the 1970s among the developed countries, Britain maintained the lowest growth rate最低经济增长率 and the highest inflation rate最高的通货膨胀率, and the high record of trade deficits最高的贸易赤字纪录.
    (3) Economic recovery经济复苏 in the 80s: An outstanding feature of the economic recovery in the 80s was its length, lasting seven years. Another was the improved financial position of the government政府金融地位最高, with stronger current account of the balance of payments国际收支大大盈余.
    ★Measures taken by Mrs. Thatcher's government to improve the economy
    Mrs. Thatcher's government took numerous measures to improve the efficiency of the economy during the past decade, using both macroeconomic and microeconomic policies.
    (1) Macroeconomic measures were directed towards bringing down the rate of inflation and achieving price stability.
    (2) Microeconomic policies were aimed at working with the grain of market forces by encouraging enterprise, efficiency and flexibility.
    解析: 暂无解析

  • 第9题:

    单选题
    The American economy is still in trouble, _____ the Chinese economy is beginning to pick up.
    A

    when

    B

    however

    C

    while

    D

    therefore


    正确答案: A
    解析:
    while用于二者的对比转折,意为“然而”;however然而,后跟逗号;when既然,突然;therefore因此。

  • 第10题:

    单选题
    Which of the following statements is true of the tobacco industry?
    A

    Tobacco is bad for people’s health but good for the national economy.

    B

    Tobacco has had a favourable economic impact in many countries in recent years.

    C

    Developed countries such as UK and the U.S. should transfer their technology in the tobacco industry to the developing countries.

    D

    Tobacco industry is bad for the economy for rich and poor countries alike.


    正确答案: A
    解析:
    录音中指出世界银行的一项研究估计每年因吸烟导致的全球净亏损达到2万亿美元,其中一半的亏损出现在发展中国家,由此可知另一半的亏损在发达国家,因此不管对于发展中国家或发达国家来说烟草业都对国家经济不利。

  • 第11题:

    单选题
    Why does the author cite wallpaper and wall as examples?
    A

    To demonstrate the interdependence between economy and environment.

    B

    To call for the government’s attention to ecological crisis.

    C

    To emphasize economy’s reliance on environment.

    D

    To explain the importance of controlling carbon emission.


    正确答案: A
    解析:
    题目问的是:作者为什么用墙纸和墙作为例子?文章第6段提到“...expensive designer wallpaper to use for papering over plaster cracks whilst ignoring the fact that the walls themselves are collapsing on subsiding foundations”也就是说,没有了好的墙面,再好的墙纸也不能持续长久,借此强调了经济对环境的依赖。故选C。

  • 第12题:

    单选题
    The vehicle sales were greatly cut down because
    A

    the car manufacturers were concerned about the American economy.

    B

    the market’s performance was found to be the worst in 50 years.

    C

    the prices of fuel rose to a level which was last seen in the 1950s.

    D

    the fuel prices were so high and the economy was facing a depression.


    正确答案: A
    解析:
    事实细节题。新闻中提到,创纪录的燃油价格和经济衰退导致了销售额暴跌。D项中的depression是原文中recession的同义替换。因此,D项正确。
    【听力原文】
    A slump in vehicle sales by the three big US car manufacturers has renewed worries about the American economy. General Motors posted an 18% drop in sales in June, Ford unveiled a 29%slump, Chrysler’s sales were down by 36%. Mark Gregory reports.
      The combination of record fuel prices and an economy close to recession has led to a slump in sales. On current trends, fewer than 14 million cars and light trucks will be sold in the US this year, the market’s worst performance in 15 years. Shares in General Motors, America’s biggest car maker, have fallen to a level last seen in the 1950s.

  • 第13题:

    Which of the followings presents the forecasts of the U.S. economy?

    A.Blue Book

    B.Green Book

    C.Beige Book

    D.White Book


    正确答案:B
    解析:录音原文提到FOMC members receive the "Green Book", …the U.S economy,联邦公开市场操作委员会成员开会前都会收到“绿皮报告”,报告中有联邦储备委员会对美国经济的预测。

  • 第14题:

    Text 3

    Investment in the public sector, such as electricity, irrigation, public services and transport (excluding vehicles, ships and planes) increased by about 10%, although the emphasis moved to the transport and away from the other sectors mentioned. Trade and services recorded a 16%~17% investment growth, including a 30% increase in investment in business premises. Industrial investment is estimated to have risen by 8%. Although the share of agriculture in total gross in vestment in the economy continued to decline, investment grew 9% in absolute terms, largely spurred on by a 23% expansion of investment in agricultural equipment. Housing construction had 12% more invested in it in 1964, not so much owing to increased demand, as to fears of new taxes and limitation of building.

    Total consumption in real terms rose by close on 11% during 1964, and per capital personal consumption by under 7% ,as in 1963. The undesirable trend towards a rapid rise in consumption, evident in previous years, remained unaltered. Since at current prices consumption rose by 16% and disposable income by 13% ,there was evidently a fall in the rate of saving in the private sector of the economy. Once again consumption patterns indicated a swift advance in the standard of living. Expenditure on food declined in significance, although consumption of fruit increased.

    Spending on furniture and household equipment, health, education and recreation continued to increase. The greatest proof of altered living standards was the rapid expansion of expenditure on transport (including private cars) and personal services of all kinds, which occurred during 1964. The progressive wealth of large sectors of the public was demonstrated by the changing composition of durable goods purchased. Saturation point was rapidly being approached for items such as the first household radio, gas cookers, and electric, refrigerators, whereas increasing purchases of automobiles and television sets were registered.

    31. the author thinks that the trend towards a rapid rise in consumption was "undesirable" because ______.

    A) people saved less

    B) people were wealthy

    C) people consumed less

    D) expenditures on luxuries increased


    正确答案:A
    答案:A
    [试题分析] 事实分析题。
    [详细解答] 实际上提问的是第二段对第一方面消费趋向的分析。根据第二段第三句中there was evidently a fall in the rate of saving in the private sector of the economy.因此,答案应该是A。

  • 第15题:

    A suitable title for this text might be( )

    [A] How to Develop U.S. Economy

    [B] The Relation between American Industry and New Economy

    [C]Digital Engine Powers New Economy

    [D] Our New Policy on Economy


    正确答案:C

  • 第16题:

    We have data mining and loading tools for both maintenance task data and component data, which means a considerable ___ in implementation time.

    A.stop
    B.saving
    C.consumption
    D.economy

    答案:B
    解析:
    本题考察词义辨析,题目意为“对于维护任务数据和组件数据,我们拥有数据挖掘技术和装载工具,这意味着大量时间的节约。”A选项意为“停止”,B选项意为“节约”,C选项意为“消耗”,D选项意为“经济”。根据句意应为节约时间。
      

  • 第17题:

    The Economy


    正确答案:I. The Evolution of the British Economy since the War
    The evolution of the British economy since WWII falls into three periods
    (1) Steady development in the 50s and 60s: The British economy in this period is characterized by slow but steady growth, low unemployment and great material prosperity with rising standards of consumption.
    (2) Economic recession经济滞胀 in the 70s: In the 1970s among the developed countries, Britain maintained the lowest growth rate最低经济增长率 and the highest inflation rate最高的通货膨胀率, and the high record of trade deficits最高的贸易赤字纪录.
    (3) Economic recovery经济复苏 in the 80s: An outstanding feature of the economic recovery in the 80s was its length, lasting seven years. Another was the improved financial position of the government政府金融地位最高, with stronger current account of the balance of payments国际收支大大盈余.
    ★Measures taken by Mrs. Thatcher's government to improve the economy
    Mrs. Thatcher's government took numerous measures to improve the efficiency of the economy during the past decade, using both macroeconomic and microeconomic policies.
    (1) Macroeconomic measures were directed towards bringing down the rate of inflation and achieving price stability.
    (2) Microeconomic policies were aimed at working with the grain of market forces by encouraging enterprise, efficiency and flexibility.

  • 第18题:

    单选题
    Which of the following may be the best reason for casual dining?
    A

    Family members need more time to relax.

    B

    Busy schedules leave people no time for formality.

    C

    People, want to practice economy in times of scarcity.

    D

    Young people won’t follow the etiquette of the older generation.


    正确答案: A
    解析:
    细节题。题目询问快餐产生的原因。第五段第二句提到,长时间的上班工作和棘手的家庭时间表,很难把所有聚餐的人都等齐,所以忙碌的主人坚持进餐的人可以在家里吃外卖的盛在纸盘上的食品。这与B项“繁忙的家庭时间表使人们没时间按礼仪去就餐”同义,故B为答案。

  • 第19题:

    单选题
    As an economy moves from a planned economy to a market economy ______.
    A

    the companies pay mere attention to money

    B

    the companies care mere about production

    C

    the companies have great emphasis on finished products

    D

    the companies don’t know what to do


    正确答案: B
    解析:
    第四段第一句话提到“As an economy moves from a planned economy to a market economy, the important thing for a business is to make money and not just produce.”,可知从计划经济到市场经济的转变意味着公司应该把重心放在挣钱上,而不是生产上。故选A。

  • 第20题:

    单选题
    Which of the following statements is true according to what was said in the recording?
    A

    The dollar rose to a new high against the curd.

    B

    The American economy has rebounded.

    C

    Japan’s economy has not bottomed out yet.

    D

    The performance of many economies in Latin America is less than expected.


    正确答案: B
    解析:
    从录音中提到的“Not only has the American economy rebounded…”,可知美国经济反弹了,即开始发展,因此选B。
    【录音原文】
    Stockmarkets are sliding again; the gold price this week hit a seven-year high of $400 an ounce; and the dollar slumped to a new low against the euro. “So what’s new?” you might ask: the world economy clearly remains fragile. What is new, however, is the recent batch of better-than-expected figures on economic growth around the globe. Not only has the American economy rebounded, but Japan and the euro area are also now growing again, albeit more slowly. The news from some emerging economies is even more bullish. Many economies in Asia and Latin America enjoyed their fastest growth for years in the third quarter. Adding it all together, the world economy as a whole probably enjoyed its fastest growth for two decades. So why are the financial markets showing lack of confidence?

  • 第21题:

    判断题
    India’s economy is expected to grow at a fast pace of 8 percent in the years to come.
    A

    B


    正确答案:
    解析:
    录音中描述到印度今年的经济增速为8%,但最后一句指出官僚主义(bureaucracy)和政府肆意借贷(profligate government borrowing)可能会douse接下来几年的经济增长,douse意为“弄湿;急速收帆”,此处为比喻的说法,暗示接下来几年印度的经济增长可能就达不到8%了。
    【录音原文】
    India has more than its share of problems beyond shoddy roads and ports. This year, the economy is expected to grow about 8 percent, a rate that is catching investors’ attention. But bureaucracy and profligate government borrowing may douse growth in the years ahead.

  • 第22题:

    问答题
    Practice 3Directions: For this part, you are allowed 30 minutes to write a composition on the topic Holiday Economy. You should write at least 120 words but no more than 180 words.

    正确答案:
    【参考范文】
    Holiday Economy The long holidays have caused unexpected great travel craze and brisk economic activities. Holiday spending, not only adds fuel to the Chinese economy, but also leads to the creation of a new term “holiday economy”.
    Some economists are in favor of the holiday economy and they believe it has many advantages. Firstly, tourism-based holiday economy will raise consumption, up spending and, therefore, help to spur the domestic demand. Secondly, it benefits tourism, transportation, and hotel and service industries and enables them to thrive during holidays.
    However, others overstate its disadvantages and hold that it brings undeniable problems: Thousands and thousands of tourists flood into scenic spots, jamming railway stations and airports, causing some over-crowdedness and safety problems.
    I believe its advantages outweigh its disadvantages. After all, it greatly benefits our overall economy.
    解析:
    【范文点评】
      文章第一部分介绍了节日经济这个术词,和其含义。第二部分介绍了节日经济的优点,第三部分介绍了他人认为的缺点。在最后表明了自己的态度是支持节日经济的。

  • 第23题:

    单选题
    According to Hudson Institute researchers, the effect of the early retirement of qualified workers in the U. S. economy is ______.
    A

    constructive

    B

    significant

    C

    inconclusive

    D

    detrimental


    正确答案: C
    解析:
    推断题。四个词的意思分别是constructive“建设性的,有益的”;significant“重大的,显著的,具有特殊意义的”;inconclusive“无结果的,无说服力的,非决定性的”;detrimental“有害的,伤害的,不利的”。本文讨论的是熟练技工过早退休的不利。所以选D。