a good (or service) whose consumption declines as income rises and increases as income decreases increase in income=decrease in consumption decrease in income=increase in consumption
A.price floor
B.normal good
C.substitute good
D.inferior good
A.price floor
B.normal good
C.substitute good
D.inferior good
Total consumption in real terms rose by close on 11% during 1964, and per capital personal consumption by under 7%, as in 1963. The undesirable trend towards a rapid rise in consumption, evident in previous years, remained unaltered. Since at current prices consumption rose by 16% and disposable income by 13%, there was evidently a fall in the rate of saving in the private sector of the economy. Once again consumption patterns indicated a swift advance in the standard of living. Expenditure on food declined in significance, although consumption of fruit increased. Spending on furniture and household equipment, health, education and recreation continued to increase. The greatest proof of altered living standards was the rapid expansion of expenditure on transport (including private cars) and personal services of all kinds, which occurred during 1964. The progressive wealth of large sectors of the public was demonstrated by the changing composition of durable goods purchased. Saturation(饱和) point was rapidly being approached for items such as the first household radio, gas cookers, and electric refrigerators, whereas increasing purchases of automobiles and television sets Were registered.
The author thinks that the trend towards a rapid rise in consumption was "undesirable" because______.
A.people saved less
B.people were wealthy
C.people consumed less
D.expenditures on luxuries in creased
A、extra
B、long
C、essential
D、beautiful
A、dit parle
B、parle dit
C、dit dit
D、parle parle
Then comes fish; there is often a knife and fork ___2___ special shape.
If you are in ___3___ surroundings, keep an eye open for what the others are doing.
The next course generally ___4___ a joint of meat.
Pudding is the fourth course. ___5___ that he has finished with a course, a person lays his knife and fork on his plate with the handles towards him.
After the pudding or sweets, the ladies may get up and retire to the drawing-room, ___6___ the men a little longer over their wine, smoking and talking.
When the ladies rise, the men get up too, ___7___, and resume their seats when they have left the room. Soon the men rejoin the ladies.
It must not be imagined ___8___ all English people eat like this.
As in all countries, working-class people can afford ___9___ the time nor the money to live like this.
Their dinners are cooked not by a servant ___10___ by the mother of the family. All meals are much simpler than these served in the homes of the rich.
1).
A. served
B. serves
C. to serve
D. serving
2).
A. on
B. at
C. of
D. by
3).
A. unfamiliar
B. familiar
C. different
D. similar
4).
A. is consisted of
B. consists of
C. makes up of
D. composes of
5).
A. To show
B. Shown
C. Showing
D. Show
6).
A. to leave
B. leaves
C. left
D. leaving
7).
A. by respect
B. out of respect
C. in respect
D. in all respects
8).
A. what
B. this
C. that
D. which
9).
A. either
B. none
C. neither
D. both
10).
A. but
B. and
C. with
D. or
A、acquisition
B、entrepreneur
C、investor
D、sole trader
A、a change in the level of output
B、a change in the ratio in which the inputs are combined
C、a change in the marginal products of the inputs
D、a change in the rate of technical substitution
A、the value of total output minus the cost of the fixed capital stock.
B、the change in output per unit change in labor input for 'small' changes in the amount of input.
C、total output divided by total labor inputs.
D、total output produced with the given labor inputs.
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