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phenomenon in our daily life．First，it OC curs if employers grant wage increases that exceed gains in productivity．The employers pass most or all of thc costs of wage increase along to consumers by charging higher prices．Second，if one business controls an entire industry，it may limit the supply of a certain product，such as oil or copper，tO drive prices up and thus earn higher profits．If that product is used tO make other goods，the cost of those items will also rise；consequently，the prices of those items rise，too．Another cause of inflation is that government spends much more money than it receives in taxes，in this case，government will borrow or print more paper money tO pay for the goods and services it needs．As the nation’S money supply increases faster than the rate at which goods and services are produced，thc value of money drops，and prices increase as a result．These are the major causes of inflation in a country． 参考答案： It is an obvious phenomenon in our daily life． It is an obvious phenomenon in our daily life．----------------------------------------1、1．Many young nien read the sports pages．2．The first page presents news items．3．Businessmen usually open their newspapers to the business section first．4．Others enjoy the television guides．5．Newspapers have something for everyone．6．Some students read the book reviews and the movie reviews．7．The best way to know about world affairs，local news，and daily events is to read the newspaper regularly．8．The headlines emphasize important political and economic news，such as elections and campaign issues，tax increases labor—management disputes，and strikes．9．There may also be articles on education problems and government programs． 参考答案： 782314695 782314695----------------
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