| 单词 | ceiling |
| 释义 | ceiling in the trade cycle The maximum level of aggregate real output the economy can attain. The effective constraint may be scarcity of labour or capital, or limits on the money supply. Due to growing population, investment, and technical progress, the ceiling rises over time, but only at a limited rate. If the economy grows faster than this, and output reaches the ceiling, the rate of growth of actual output must fall. If investment is influenced by the accelerator this slowdown in real growth can cause a downturn in activity. See also: trade cycle |
| 随便看 |
|
英汉经管词典收录了3426条经济管理类英汉双解词条，基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法，是学习及工作的有利工具。