Text 1
As a medium of exchange, money permits the separation of exchange into the two distinct acts of buying and selling, without requiring the seller to purchase goods from the person who buys his products, or vice versa. Hence producers who know they will be paid in money, can concentrate on finding the most suitable outlet for their goods, while buyers who will pay in money, can concentrate on finding the cheapest market for the things they wish to purchase. specialization, which is vital to an advanced economy, is encouraged, because people whose output is not a complete product but only a part of one in which many others are involved can be paid an amount equivalent to their share of the product.
Another advantage of money is that it is a measure of value -- that is, it serves as a unit in terms of which the relative values of different products can be expressed. In a barter economy it would be necessary to determine how many plates were worth one hun
A. Two
B. Three
C. Four
D. Five
Text 1
As a medium of exchange, money permits the separation of exchange into the two distinct acts of buying and selling, without requiring the seller to purchase goods from the person who buys his products, or vice versa. Hence producers who know they will be paid in money, can concentrate on finding the most suitable outlet for their goods, while buyers who will pay in money, can concentrate on finding the cheapest market for the things they wish to purchase. specialization, which is vital to an advanced economy, is encouraged, because people whose output is not a complete product but only a part of one in which many others are involved can be paid an amount equivalent to their share of the product.
Another advantage of money is that it is a measure of value -- that is, it serves as a unit in terms of which the relative values of different products can be expressed. In a barter economy it would be necessary to determine how many plates were worth one hun
A. value is decided by weight
B. value is decided by number
C. money is used and goods are not exchanged
D. goods are exchanged an, d money is not used
Text 3
The Inland Revenue on Thursday accused the British film industry of abusing government aid, with every production of recent years deliberately over-claiming tax relief.
Revenue officials called in about 20 members of the film industry and warned them of severe consequences if the "exploitation" of tax-relief schemes did not immediately stop.
The move, which affects the including low- to high-budget film-makers and financiers, is i the latest in a series of attempts by the Revenue to clamp down on tax loopholes in an attempt
to raise more money for the Exchequer.
But the film industry responded on Thursday night, saying the Revenue could drive productions overseas and would confuse investors.
A series of tax relief schemes, introduced in 1997, enables those involved in the financing of qualifying British-made films to claim the costs of production against future income. The schemes have become popular with inv
A. the disappointment of the film industry at Revenue's decision
B. the state of worry in the minds of film investors
C. the reactions to the Revenue's move of parties concerned
D. the way out of the present difficult situation
我来回答: