| 单词 | credibility |
| 释义 | credibility The extent to which policy announcements are believed. Policy announcements by monetary or fiscal authorities are credible if it is rational for people to believe that the authorities will in fact stick to their announced policies. Credibility is thus relatively easy to achieve if the announced policies are compatible with what people would predict on the basis of the authorities' past conduct; it is increasingly difficult to achieve the more announced policies depart from what the authorities' past record would lead people to expect. A promise to desist from past bad habits, for example budget deficits or inflationary increases in the money supply, will gain credibility only gradually even if the authorities manage to live up to it. |
| 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。