What is money That is not so simple a
question as might appear. In fact, money can only be defined in terms of the
functions it performs—that is, by the need it fulfills. As Sir Ralph Hawtrey
once noted, "Money is one of those concepts which, like a teaspoon or an
umbrella, but unlike an earthquake or a buttercup, are definable primarily by
the use or purpose which they serve." Money is anything, regardless of its
physical or legal characteristics, that customarily and principally performs
certain functions. Three such functions are usually specified,
corresponding to the three basic needs served by money—the need for a medium of
exchange, the need for a unit of account, and the need for a store of value.
Most familiar is the first, the function of a medium of exchange, whereby goods
and services are paid for and contractual obligations discharged. A. (A) is common knowledge among informed people B. (B) is a section of a controversial economic theory C. (C) breaks new ground in economic thinking D. (D) is a comprehensive analysis of monetary policy
更多"What is money That is not so simpl"的相关试题:
[单项选择]
What is money That is not so simple a
question as might appear. In fact, money can only be defined in terms of the
functions it performs—that is, by the need it fulfills. As Sir Ralph Hawtrey
once noted, "Money is one of those concepts which, like a teaspoon or an
umbrella, but unlike an earthquake or a buttercup, are definable primarily by
the use or purpose which they serve." Money is anything, regardless of its
physical or legal characteristics, that customarily and principally performs
certain functions. Three such functions are usually specified,
corresponding to the three basic needs served by money—the need for a medium of
exchange, the need for a unit of account, and the need for a store of value.
Most familiar is the first, the function of a medium of exchange, whereby goods
and services are paid for and contractual obligations discharged. A. (A) is obsolete B. (B) is both a theory and a real-life activity C. (C) is a model for economic exchanges D. (D) is a primitive form of exchange
[单项选择]You have spent your money in so free and unrestrained a way. I think you’ll have to ( ) your expenses more or less. A. cut off B. cut down C. cut out D. cut across
[填空题]What does the question "what’s hot this year" mean
The question means "What’s ______ this year "
[单项选择]The bank refused to()him any money, so he had to postpone buying a house. A. credit B. borrow C. loan D. lease
[单项选择]I don't want to borrow the money, so I prefer to manage() A. to B. with C. for D. without
[简答题] Simple Probability and Outcomes
These questions will test your knowledge of operations involving simple
probability and outcomes. Answer the following
questions.
If you roll a single 6-sided die, what is the
probability that you will roll an odd number |
[简答题]
The cue should help you phrase the question.
What is her favorite scent
[单项选择] There’’s simple premise behind what Larry Myers does for a living: If you can smell it, you can find it. Myers is the founder of Auburn University’’s Institute for Biological Detection Systems, the main task of which is to chase the ultimate in detection devices-an artificial nose.
For now, the subject of their research is little more than a stack of gleaming chips tucked away in a laboratory drawer. But soon, such a tool could be hanging form the belts of police, arson (纵火) investigators and food-safety inspectors. The technology that they are working on would suggest quite reasonable that, within three to five years, we’’ll have some workable sensors ready to use. Such devices might find wide use in places that attract terrorists. Police could detect drugs, bodies and bombs hidden in cars, while food inspectors could easily test food and water for contamination.
The implications for revolutionary advances in public safety and the food industry are astonishing. But so, t A. Performing physical examinations. B. Locating places which attract terrorists. C. Detecting drugs and water contamination. D. Monitoring food processing.
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