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

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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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相似问题和答案

第1题：

What is TRUE about the Irish Republic's economy?

A．It was the most successful among the EU countries.

B．It has increased 8% in the last five years.

C．The unemployment rate has reached its lowest level for 5 years.

D．The commodity prices have decreased greatly in the country.

正确答案：A

第2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3题：

The new government's first __________ is the economy.

A.college

B.colleague

C.challenge

D.change

参考答案：D 解答参考：D College n. 学院;colleague n. 同事, 同僚;challenge n. 挑战;change n. 改变, 变化

第4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5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6题：

We should try to learn more (economy) ( ) theory and apply it in practice.

正确答案：economic

第7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8题：

It may take some time to get the British economy back on____________.

(A) way

(B) road

(D) line

正确答案：C
解答参考：C.be/stay on track：未偏离目标，能取得成功;get/be back on track：重新回到目标，重新回到正轨。【译文】要让英国经济重新回到正轨，恐还需些时日。

第9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10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

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

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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

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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