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题库 / GMATAdvanced-CR-28
There are fundamentally two possible changes in an economy that will each cause inflation unless other compensating changes also occur. These changes are either reductions in the supply of goods and services or increases in demand. In a pre-banking economy the quantity of money available, and hence the level of demand, is equivalent to the quantity of gold available.
If the statements above are true, then it is also true that in a pre-banking economy
any inflation is the result of reductions in the supply of goods and services.
if other factors in the economy are unchanged, increasing the quantity of gold available will lead to inflation.
if there is a reduction in the quantity of gold available, then, other things being equal, inflation must result.
the quantity of goods and services purchasable by a given amount of gold is constant.
whatever changes in demand occur, there will be compensating changes in the supply of goods and services.
呃，不要把gold和good看混了
gold ---(+)---> demand ---(+)---> inflation
原文：pre-bank经济中，可用的货币数量，也就是需求水平，等于可用的黄金数量
黄金数量增多，需求上涨，价格上涨，通货膨胀
两种情况cause inflation：1.钱多了 2.物品少了，现在金和钱挂钩，那么金子多了就通货膨胀
inflation是通货膨胀的意思。C会让通货紧缩
cr
bc选项
c中的then是放错位置了
if there is a reduction in the quantity of gold available, then, other things being equal, inflation must result
other being equal不是前面的结果
gold = demand +gold=+demand→inflation
two factors can cause inflation: a reduction in market supply of goods and services or an increase in market demand.
if the quantity of available gold in a pre-banking economy increases while supply of goods and services remains unchanged, demand for goods and services will increase relative to supply. This imbalance raises prices for the supply; that is, it causes inflation.