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 [简答题]Question 2
·Your company has decided to invest some of this year’ s exceptionally high profits in one of the following areas:
·New company buses
·Culture comparative courses
·Special bonus payments.
·You have been asked to wirte a report recommending how the profits should be invested and what benefits they would bring respectively.
·Write 200 - 250 words on your Answer Sheet.
[单项选择]I’m very sorry to have( )you with so many questions on such an occasion.
A. interfered B. offended C. impressed D. bothered [填空题]The fundamental reform should promote corporations to answer for their workers and the environment.
[填空题]
Ethical Dilemmas the fundamental issue of fairness. Those who get sidetracked by issues of profitability and legality [单项选择]Compared with fundamental analysis, does technical analysis place more emphasis on: A company’s financial Determining the effects of specific events accounting statements on the value of a company’s stock()
A. No Yes B. No No C. Yes No [填空题]Question 30
Answer the question below. Write NO MORE THAN THREE WORDS AND/OR A NUMBER for the answer. [简答题]Question 20
Answer the question below. Write ONLY ONE WORD for the answer. 我来回答: 提交
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