返回列表 发帖

[求助]GWD24 11

Is it possible to decrease inflation without causing a recession and its concomitant increase in unemployment? The orthodox answer is “no”. Whether they support the “inertia” theory of inflation(that today’s inflation rate is caused by yesterday’s inflation, the state of the economic cycle, and external influences such as import prices) or the “rational expectations” theory (that inflation is caused by workers’ and employers’ expectations, coupled with a lack of credible monetary and fiscal policies), most economists agree that tight monetary and fiscal policies, which cause recessions, are necessary to decelerate inflation. They point out that in the 1980’s, many European countries and the LACE>United StatesLACE> conquered high (by these countries’ standards) inflation, but only by applying tight monetary and fiscal policies that sharply increased unemployment. Nevertheless, some governments’ policymakers insist that direct controls on wages and process, without tight monetary and fiscal policies, can succeed in decreasing inflation. Unfortunately, because this approach fails to deal with the underlying causes of inflation, wage and price controls eventually collapse, the hitherto-repressed inflation resurfaces, and in the meantime, though the policy-makers succeed in avoiding a recession, a frozen structure of relative prices imposes distortions that do damage to the economy’s prospects for long-term growth.

24-11 Which of the following, if true, would most strengthen the author’s conclusion about the use of wage and price controls?

A) Counties that repeatedly use wage and price controls tend to have lower long-term economic growth rates than do other countries.

B) Countries that have extremely high inflation frequently place very stringent controls on wages and prices in an attempt to decrease the inflation.

C) Some countries have found that the use of wage and price controls succeeds in decreasing inflation but also causes a recession.

D) Policymakers who advocate the use of wage and price controls believe that these controls will deal with the underlying causes of inflation.

E) Policymakers who advocate the use of wage and price controls are usually more concerned about long-term economic goals than about short-term economic goals

MY ANSWER: D

A, 文中没提"REPEATEDLY" AND "COMPARASION WITH OTHER COUNTRIES" 所以A错!

"Nevertheless, some governments’ policymakers insist that direct controls on wages and process, without tight monetary and fiscal policies, can succeed in decreasing inflation. " 之所以INSISIT IT WILL SUCCEED, 是因为POLICYMAKERS MUST "believe that these controls will deal with the underlying causes of inflation.".

ANY COMMENTS.

收藏 分享

I was wrong! A is correct.

"would most strengthen the author’s conclusion about ...."

TOP

同意。

是support,而不是conclusion.这道题我做时虽然选对了,但没有楼主理解的深刻。

TOP

thanks !!!!

TOP

I think C is also supporting the conclusion. What do you think?

TOP

我开始也选C,仔细又看了一边后,原文有很明确的though the policy-makers succeed in avoiding a recession, a frozen structure of relative prices imposes distortions that do damage to the economy’s prospects for long-term growth.前半句是C的,后半句是正确答案.

请NN指正,谢谢.

TOP

返回列表

站长推荐 关闭


美国top10 MBA VIP申请服务

自2003年开始提供 MBA 申请服务以来,保持着90% 以上的成功率,其中Top10 MBA服务成功率更是高达95%


查看