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In addition to redistributing incomes, inflation may affect the total real income and production of the community. An increase in prices is usually associated with high employment. In moderate inflation, industries are operating efficiently and output is near capacity. There is a great deal of private investment and jobs are plentiful. Such has been the historical pattern. Thus many business persons and union leaders, in evaluating a little deflation and a little inflation, consider the latter to be the lesser of two evils. In mild inflation, the losses to fixed-income groups are usually less than gains to the rest of the community. Even worker with relatively fixed wages are often better off because of improved employment opportunities and greater take-home pay, a rise in interest rates on new securities may partly compensate for any losses to creditor, and increases in pension benefits may partly make losses to retirees. [^"e~
In deflation, on the other hand, the growing unemployment of labor and capital causes the community's total well-being to be less; so in a sense, the gainers get less than the losers lose. As a matter of fact, in a depression, or a time of severe deflation, almost everyone suffers, including the creditor who is left with uncollectible debts. KFA
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For these reasons an increase in consumption of investment spending is considered good in times of unemployment, even if this tends to increase prices slightly. When the economic system is suffering from severe depression, few people will criticize private or public spending on the ground that this might be inflationary. Actually, most of this increased spending will increase production and create jobs. Once, full employment and full plant capacity have been reached, however, any further increases in spending are likely to be completely wasted in prices increase. 18}L89S>
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41. "Historical patterns" mentioned in the passage means that in mild inflation . V3yO_Iqa
A. there will be more production and employment vD:.1,72
B. private investment will be moderate and people's income influenced PaMi5Pq
C. the bad effects of the two evils will be associated with each other g|"z'_
D. industrial revolution made men and women more equal k,X)PQc
42. Which of the following happens if there is mild inflation? IhM-a
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A. Everyone loses because of the increase of prices. ]
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B. Retired people do experience any influence. s_zZ@azJ
C. Creditors gain rather than lose with a rise in interest rates. xtpD/,2
D. Some people gain more while other lose. E4}MvV=
43. In times of inflation . 6jCg7Su]
A. people like private or public investment B. there is usually full plant capacity PM9HfQU?
C. creditors suffer more than other people D. everyone suffers and no one gains @a%,0Wn
44. The author's attitude towards investment is that . g|)e3q{M
A. the more the investment, the better the economy (cC5zv*E
B. private investment is better than public investment "9LPq
C. investment should be set to a limit dMRwQejY{7
D. investment at the time of inflation is considered better than at the time of deflation LFen!FnM
45. Which of the following is clearly the author's own opinion? #0!C3it6c
A. The lesser of the two evils is not deflation but inflation. "D3JdyO_S
B. People's income is influenced by both inflation and deflation. !RiPr(m@y
C. Investment is good in times of deflation and unemployment. Y]Su<tgX?
D. Private and public investment can cause inflation during deflation. qaw5<
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Passage 2 2q2w o&uK
Perhaps all criminals should be required to carry cards which read: Fragile; Handle with Care. It will never be so, these days to go around referring to criminals as violent thugs. You must refer to them politely as "social misfits". The professional killer who wouldn't think twice about using his club or knife to batter some harmless old lady to death in order to rob her of her meager life-savings must never be given a dose of his own medicine. He is in need of "hospital treatment". According to his misguided defenders, society is to blame. A wicked society breeds evil-or so the argument goes. When you listen to this kind of talk, it makes you wonder why we aren't all criminals. We have done away with the absurdly harsh laws of the nineteenth century and this is only right. But surely enough is enough. The most senseless piece of criminal legislation in Britain and a number of other countries has been the suspension of capital punishment. I*K^,XY+
The violent criminal has become akin of hero-figure in our time. He is glorified on the screen: he is pursued by the press and paid vast sums of money for his "memoirs". Newspapers which specialize in crime reporting enjoy enormous circulations and the publishers of trashy cops and robbers stories or "murder mysteries" have never had it so good. When you read about the achievements of the great train robbers, it makes you wonder whether you are reading about the some glorious resistance movement. The hardened criminal is cuddled and cosseted by the H#w?$?nIWu
sociologists on the one hand and adored as a hero by the masses on the other. It's no wonder he is a privileged person who expects and receives VIP treatment wherever he goes. ~\ie/}zYj
Capital punishment used to be a major deterrent. It made the violent robber think twice before pulling the trigger. It gave the cold-blooded poisoner something to ponder about while he was shaking up or serving his arsenic cocktail. It prevented unarmed policemen from being killed while pursuing their duty by killers armed with automatic weapons. Above all, it protected the most vulnerable members of society, young children, from brutal violence. It is horrifying to think that the criminal can literally get away with murder. We all know that "life sentence" does not mean what it says. After ten years or so of good comfortably, thank you, on the proceeds of his crime, of he will go on committing offences until he is caught again. People are always willing to hold liberal views at the expense of others. It's always fashionable to pose as the defender of under-dog, so long as you, personally, remain unaffected. Did the defenders of crime, one wonders, in their desire for fair-play, consult the victims before they suspended capital punishment? Hardly. You see, they couldn’t, because all the victims were dead. b<=K@I.=
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46. What is the main idea of the text? -z'@Mh|i6l
A. Society is to blame for the rising crime. 1/HPcCsHb
B. All the criminals are to be sympathized. f fE%{B?
C. Crime defenders have done a lot for criminals. {W `/KU?u
D. Severe punishment should be used to prevent crime. zYls>fbp,
47. In the author's opinion, all the following are to blame for crime EXCEPT . _r^&.'q
A. society B. the criminals themselves HnOF_Twq
C. the suspension of life sentence D. the defender's role /f0_mi,bD
48. The word "deterrent"(Line 1, Para. 3) most probably means" ". 0n(Q@O
A. threat B. delay C. determination D. hindrance <<UlFE9"
49. What is the tone of the text? }$
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A. Critical. B. Cynical. C. Ironic. D. Humorous. 9^c_^-8n<}
50. What is the author's attitude toward capital punishment? @XmMD6{<