Today's low inflation and steady growth in household income ______ into more purchasing power.
A: translates
B: transfers
C: transplants
D: transmits
A: translates
B: transfers
C: transplants
D: transmits
举一反三
- 1. Which problem is not true to Chinese economy’s problems? A: A. Decline in economic growth B: B. Imbalance of regional development C: C. Low inflation rate D: D. Unreasonable structure of economic growth
- The inflation tax A: transfers wealth from the government to households. B: is the increase in real income taxes due to lack of indexation in income tax rules. C: is a tax on everyone who holds money. D: All of the above are correct.
- _______ states that differential rates of inflation between two countries tend to be offset over time by an equal but opposite change in the spot exchange rate. A: The Fisher Effect B: The International Fisher Effect C: Absolute Purchasing Power Parity D: Relative Purchasing Power Parity
- The inflation tax is ( ) A: a tax on windfall profits. B: a special tax imposed on owners of shares of stock. C: a special tax imposed on profits when inflation is over 10% per year. D: the loss incurred when inflation reduces the purchasing power of assets.
- The Marshall-Lerner condition deals with the impact of currency depreciation on: A: Domestic income B: Domestic absorption C: Purchasing power of money balances D: Relative prices