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单词 overheating
释义 overheating

A level of activity leading to excess demand. High output levels relative to capacity, at least in some important sectors, lead to shortages of factor inputs, or unusually high levels of imports. Overheating produces inflationary pressure internally and a deterioration in the trade balance externally; if this causes devaluation of the currency this gives a further boost to inflation.

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更新时间:2024/9/21 14:43:44