Fill the blanks using the given words in the box
as could rid consumer does
continuously rather keep hold to
It is commonly observed that although money incomes ………(1)…….going up
over the years, we never seem to become much better off. Prices are
rising……..(2)…….. This condition is called inflation. The money supply is
becoming inflated so that each unit of it becomes less valuable. (In recent years we
have gotten used …….(3)………higher and higher rates of inflation. What
……(4)……be bought twenty years ago for $1 now costs well over $2. Present trends
indicate that this rate of inflation is tending to rise …….(5)……..than to fall).
If in the real world our money incomes go up at the same rate
…….(6)…….prices, one might think that inflation doesn’t not matter. But
it……(7)…... When money is losing value, it lacks one of the necessary qualities of
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 …….(8)……an asset
that is losing value, so people try to get ……(9)…..of money as quickly as possible.
Inflation therefore stimulates ……..(10)…spending and discourages saving.
Loga
Sinh Học lớp 12
