It is a matter of common observation that although incomes keep going up over the years，people never seem to become much better off! Prices are rising continuously．The condition is termed(稱作) one kind 0f inflation, the money supply is becoming inflated so that each unit of it becomes less valuable．People have got used in recent years to higher and higher rates of inflation．
What could be bought ten years ago for one dollar now costs well over two dollars. It seems 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 (穩(wěn)定) of value．It is no longer acceptable as a store of value；and it becomes an unsuitable standard of deferred(延期) payments．Nobody wants to hold a wasting possession，so people try to get rid of money as quickly as possible. Inflation therefore stimulates people spending，and prevents people from saving.
【小題1】
What does inflation mean?

It is a matter of common observation that although incomes keep going up over the years，people never seem to become much better off! Prices are rising continuously．The condition is termed(稱作) one kind 0f inflation, the money supply is becoming inflated so that each unit of it becomes less valuable．People have got used in recent years to higher and higher rates of inflation．

What could be bought ten years ago for one dollar now costs well over two dollars. It seems 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 (穩(wěn)定) of value．It is no longer acceptable as a store of value；and it becomes an unsuitable standard of deferred(延期) payments．Nobody wants to hold a wasting possession，so people try to get rid of money as quickly as possible. Inflation therefore stimulates people spending，and prevents people from saving.

1.

What does inflation mean?

A．People’s money becomes more valuable

B．The problem of employment will be solved．

C．It’s easier for people to find better paying jobs．

D．Money keeps losing its value．

2.

From the passage．we can know inflation __________.       

A．seldom happens                   B．is very common at present

C．is a must                            D．has become less in recent years

3.

According to the passage，if incomes and prices rise together ______     

A．the business will become better      B．money will hold its value

C．inflation won’t be a problem D．inflation will remain to be a problem

4.

In a period of inflation，people are likely to  ______  ．

A．put much money on the stock market(股市)      

B．stop spending money

C．hold on to money as a dependable possession 

D．spend money as soon as possible

It is a matter of common observation that although incomes keep going up over the years，people never seem to become much better off! Prices are rising continuously.The condition is termed(稱作) one kind 0f inflation, the money supply is becoming inflated so that each unit of it becomes less valuable.People have got used in recent years to higher and higher rates of inflation.
What could be bought ten years ago for one dollar now costs well over two dollars. It seems 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 (穩(wěn)定) of value.It is no longer acceptable as a store of value；and it becomes an unsuitable standard of deferred(延期) payments.Nobody wants to hold a wasting possession，so people try to get rid of money as quickly as possible. Inflation therefore stimulates people spending，and prevents people from saving.

1. 1.

   What does inflation mean?

   1. A.
      People’s money becomes more valuable
   2. B.
      The problem of employment will be solved.
   3. C.
      It’s easier for people to find better paying jobs.
   4. D.
      Money keeps losing its value.
2. 2.

   From the passage.we can know inflation __________.       

   1. A.
      seldom happens
   2. B.
      is very common at present
   3. C.
      is a must
   4. D.
      has become less in recent years
3. 3.

   According to the passage，if incomes and prices rise together ______     

   1. A.
      the business will become better
   2. B.
      money will hold its value
   3. C.
      inflation won’t be a problem
   4. D.
      inflation will remain to be a problem
4. 4.

   In a period of inflation，people are likely to  ______ .

   1. A.
      put much money on the stock market(股市)
   2. B.
      stop spending money
   3. C.
      hold on to money as a dependable possession
   4. D.
      spend money as soon as possible

It is a matter of common observation that although incomes keep going up over the years，

people never seem to become much better off! Prices are rising continuously．The condition is termed（稱作）one kind 0f inflation，the money supply is becoming inflated so that each unit of it becomes less valuable．People have got used in recent years to higher and higher rates of inflation．What could be

bought ten years ago for one dollar now costs well over two dollars． It seems 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（延期）payments．Nobody wants to hold a wasting possession，so people try to get rid of money as quickly as possible．Inflation therefore stimulates people spending，and prevents people from saving．

1．What does inflation mean?

A．People’s money becomes more valuable

B．The problem of employment will be solved．

C．It’s easier for people to find better paying jobs．

D．Money keeps losing its value．

2．From the passage．we can know inflation          .

A．seldom happens                                       B．is very common at present

C．is a must                                                   D．has become less in recent years

3．According to the passage，if incomes and prices rise together           ．

A．the business will become better                  B．money will hold its value

C．inflation won’t be a problem                       D．inflation will remain to be a problem

4．When money loses its value        ．

    A．it's no longer stable                                  B．the price of the goods will go down

    C．foods will lose their value                            D．income will keep rising

5．In a period of inflation，people are likely to        ．

    A．put much money on the stock market（股市）

      B．stop spending money

C．hold on to money as a dependable possession      

D．spend money as soon as possible

It is a matter of common observation that although incomes keep going up over the years, people never seem to become much better off！ Prices are rising continuously. This is called inflation（通貨膨脹）. The money supply is becoming inflated so that each unit of it becomes less valuable. People have got used in recent years to higher and higher rates of inflation. What could be bought ten years ago for one dollar now costs well over two dollars. It seems 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（穩(wěn)定） of value. It is no longer acceptable as a store of value; and it becomes an unsuitable standard of deferred（延期） payments. Nobody wants to hold a wasting possession, so people try to get rid of money as quickly as possible. Inflation therefore stimulates people spending, and prevents people from saving.

1．From the passage, we can know inflation ______ .

       A．seldom happens                                   B．is very common at present

C．is a must                                             D．has become less in recent years

2．According to the passage, if incomes and prices rise together______.

A．the business will become better             B．money will hold its value

C．inflation won’t be a problem                 D．inflation will remain to be a problem

3．When money loses its value______.

A．it’s no longer stable                              B．the price of the goods will go down

C．foods will lose their value                     D．income will keep rising

4．In a period of inflation, people are likely to ______.

A．put much money on the stock market   

B．stop spending money

C．hold on to money as a dependable possession

       D．spend money as soon as possible

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.
【小題1】From the passage we can know that inflation is a situation in which________.

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.

1.From the passage we can know that inflation is a situation in which________.

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

3.．Under inflation people are likely to ________.

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

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

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

1. 1.

   From the passage we can know that inflation is a situation in which________

   1. A.
      everyone’s incomes rise
   2. B.
      money will hold its value
   3. C.
      we can watch our money grow
   4. D.
      money constantly loses its value
2. 2.

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

   1. A.
      inflation maybe still be a problem
   2. B.
      we have nothing to worry about
   3. C.
      inflation is no longer a problem
   4. D.
      we will become richer and richer
3. 3.

   Under inflation people are likely to ________

   1. A.
      go to the bank more often than usual
   2. B.
      save more money since their incomes rise
   3. C.
      spend money quickly rather than to save it
   4. D.
      keep money at home instead of going to banks
4. 4.

   We can conclude according to the passage that ________

   1. A.
      the writer is a government official
   2. B.
      the writer is worried about inflation
   3. C.
      the writer encourages people to spend money
   4. D.
      the writer has become richer because of inflation
5. 5.

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

   1. A.
      matter,
   2. B.
      goes
   3. C.
      rises
   4. D.
      fall

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.

66．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

67．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

68．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

69．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

70. 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