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辛苦楼主啦 来交作业了 今天前两篇还看走神了 我去
Time 2 (1’45)
Many people think that the main job of central bank is to keep the inflation rate low, but this concept has been outmoded.
For many rich countries, the main question in front of the central bank is that the inflation rate is too low.
Time 3 (2’45)
The negative effect of low inflation is hazardous. The economy may go back to deflation.
The example of Japan has showed that it is very difficult for a heavy debt country to get rid of deflation, the bad effect will happen in a circle.
The low inflation will make situation worse if the country only has one currency to moderate the influence.
The other side effect of low inflation rate is that such rate will harm the ability of central bank to fight against recession.
Time 4(3’03)
It is difficult to predict how much will the inflation rate increase if the central bank takes measures to promote the inflation rate.
One solution is to set the government inflation target at a higher level, but this proposal is not good.
The European central bank has made some policy changes, and more changes should be taken.
Another suggestion is that the central bank can change the threshold. They do not need to raise the inflation rate until the unemployment rate has dropped.
Time 5(2’17)
The 16-day shutdown in US government has a bad effect on the unemployment, especially for those private sectors that have direct or indirect relation with government.
But some professor pointed that many people just overestimate the effect of the shutdown, since the economy has already been weak before the shutdown.
Time 6 (2’24)
The negative impact of shutdown has led to a decrease in GDP.
Because of shutdown the government will delay their policy.
The economy data has been disturbed by the shutdown and the open of school year.
Many employment opportunities have been affected by the shutdown.
Time 7
The income mobility in US is very high.
From the study we can know that some of the people from the top class tend to have the next generation still in the top class.
From the data, a majority of people from the bottom level their children still tend to stay in that level.
The government should take some measures to narrow such gap, such as a raise in the income tax level.
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