单选题Questions 14-23 ·Look at the ten statements for this part. · You will hear a passage about "Inflation" You will listen to it twice. ·Decide whetheryou think each statement is right(R), wrong(W) or not mentioned(NM). ·Markyour answers on the Answer Sheet.
单选题
The passage states that inflation is a situation in which money keeps losing its value.
【正确答案】
A
【答案解析】[听力原文] 14-23
Inflation
It is a matter of common observation that although incomes keep going up over the years, we never seem to become much better off! Prices are rising continuously. This condition is termed one of inflation, the money supply is becoming inflated so that each unit of it becomes less valuable. We have grown accustomed in recent years to higher and higher and higher rates of inflation. What could be bought ten years ago for one dollar now costs well over two dollars. Present indications are that this rate of inflation is tending to rise rather than to fall. If in the real world our money incomes go up at the same rate as prices one might think that inflation does not matter. But it does. When money is losing value it lacks one of the qualities of a good money-stability of value. It is no longer acceptable as a store of value; and it becomes an unsuitable standard of deferred payments. Nobody wants to hold a wasting asset, so people try to get rid of money as quickly as possible. Inflation therefore stimulates consumer spending, and deters saving.
单选题
There have been higher and higher rates of inflation in the US over the years.
【正确答案】
C
【答案解析】
单选题
People have become used to high rates of inflation in recent years.
【正确答案】
A
【答案解析】
单选题
Over the years our incomes have been increasing, and we are actually no better in our financial condition.
【正确答案】
A
【答案解析】
单选题
The present rate of inflation will fall if the government takes some effective measures.
【正确答案】
C
【答案解析】
单选题
According to the author, if incomes and prices rise together, inflation poses no problem.
【正确答案】
B
【答案解析】
单选题
When money loses its value, it is no longer stable.
【正确答案】
A
【答案解析】
单选题
During inflation money becomes a suitable standard of deferred payments.
【正确答案】
B
【答案解析】
单选题
In a period of inflation, people are likely to save money instead of spending money.
【正确答案】
B
【答案解析】
单选题
Inflation urges consumer spending and discourages saving.