【正文】
? When the government creates large quantities of money, the value of the money falls. 10. 社會面臨通貨膨脹與失業(yè)之間的短期得失交換 Society faces a shortrun tradeoff between inflation and unemployment ? 菲利普斯曲線說明通貨膨脹和失業(yè)之間的得失交換 ? The Phillips Curve illustrates the tradeoff between ? inflation and unemployment: ? ↓通貨膨脹 ?? ↑失業(yè) ? ↓Inflation ?? ↑Unemployment ? 這是短期的得失交換關(guān)系! ? It’s a shortrun tradeoff! ? 短期中決策者可以通過改變政府支出量、稅收量 ? 和發(fā)行的貨幣量來影響經(jīng)濟所經(jīng)歷的通脹與失 ? 業(yè)的組合。 ? Market failure may be caused by an ? externality, which is the impact of one ? person or firm’s actions on the wellbeing of a bystander The standard of living depends on a country’s production ? 生產(chǎn)率是每一個工人每一小時生產(chǎn)的產(chǎn)品 ? 和服務(wù)。s ? the consensus among economists. That39。 ? Because households and firms look at prices when ? deciding what to buy and sell, they unknowingly take ? into account the social benefits and costs of their actions. ? ?? 這樣一來,價格引導(dǎo)決策者,達(dá)到使社會整體福利最大 ? 的結(jié)果。 ? In a market economy, households decide ? what to buy and who to work for. ? ?? 企業(yè)決定雇用誰和生產(chǎn)什么。 ? ?? 為什么比爾 ? The opportunity cost of an item is what you give up to get that item. When making any decision decisionmakers should be aware of the opportunity costs that acpany each possible action. ? 例如,到了上大學(xué)的年齡的運動員如果退學(xué),