Itisamatterofcommonobservationthatalthoughmoneyincomekeepsgoingupovertheyears,weneverseemtobecomericher.Pricesarerisingcontinuously.Thisconditioniswhatwecallinflation:themoneysupplyisbecominginflatedsotha

Question

It is a matter of common observation that although money income keeps going up over the years, we never seem to become richer. Prices are rising continuously. This condition is what we call inflation: the money supply is becoming inflated so that each unit of it becomes less valuable. We have got used to higher and higher rates of inflation in recent years. What could be bought twenty years ago for one pound now costs well over 2 pounds. And at present this rate of inflation seems to be rising rather than falling. If in the real world our money incomes go up at the same rate as prices do. One might think that inflation doesn’t matter. But it does ------. When money is losing value it also loses 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 means of delayed payment. Nobody wants to hold a wasting possession, so people try to get rid of money as quickly as possible. Inflation therefore simply stimulates（刺激）our spending and discourages saving.
小题1:From the passage we can know that inflation is a situation in which________.

A．everyone’s incomes rise

B．money will hold its value

C．we can watch our money grow

D．money constantly loses its value

小题2:．In the writer’s view, if incomes and prices rise at the same rate, ________.

A．inflation maybe still be a problem

B．we have nothing to worry about

C．inflation is no longer a problem

D．we will become richer and richer

小题3:．Under inflation people are likely to ________.

A．go to the bank more often than usual

B．save more money since their incomes rise

C．spend money quickly rather than to save it

D．keep money at home instead of going to banks

小题4:．We can conclude according to the passage that ________.

A．the writer is a government official

B．the writer is worried about inflation

C．the writer encourages people to spend money

D．the writer has become richer because of inflation

小题5:. Which of the following words is omitted at the end of the underlined sentence “But it does”?

A．matter,

B．goes.

C．rises

D．fall

Answer 1

小题1:D
小题2:A
小题3:C
小题4:B
小题5:A