首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
考研
no longer differs issuing A. Good money (62)______from bad money B. make a profit in coinage by (63)______coins C. Silver coins
no longer differs issuing A. Good money (62)______from bad money B. make a profit in coinage by (63)______coins C. Silver coins
admin
2014-03-15
45
问题
no longer differs issuing
A. Good money (62)______from bad money
B. make a profit in coinage by (63)______coins
C. Silver coins are (64)______in circulation
Less than 40 years ago in the United States, it was common to change a one-dollar bill for a dollar’s worth of silver. That is because the coins were actually made of silver. But those days are gone. There is no silver in today’ s coins. When the price of the precious metal rises above its face value as money, the metal will become more valuable in other uses. (65)______because the silver in coins is worth much more than their face value. A silver firm could find that it is cheaper to obtain silver by melting down coins than by buying it on the commodity markets. Coins today are made of an alloy of cheaper metals.
Gresham’ s Law, named after Sir Thomas Gresham, argues that "good money" is driven out of circulation by "bad money" . (66)______because it has higher commodity value.
Gresham lived in the 16th century in England where it was common for gold and silver coins to be debased. Governments did this by mixing cheaper metals with gold and silver. The governments could thus (67)______that had less precious metal than the face value indicated.
Because different mixings of coins had different amounts of gold and silver, even though they bore the same face value, some coins were worth more than others as commodities. People who dealt with gold and silver could easily see the difference between the " good" and the " bad money. Gresham observed that coins with a higher content of gold and silver were kept rather than being used in exchange, or were melted down for their precious metal. In the mid-1960s when the U.S. issued new coins to replace silver coins, Gresham’ s law went right in action.
选项
答案
B
解析
空格前一句的意思为:政府将廉价的金属和金银混合在一起降低钱币成色。空格后一句的意思为:因为混合方法不同,金银含量也不同,因此即便钱币上标识的面值一样,有些钱币也比其他的钱币商品价值高。故空格所在句的意思应为:这样,政府就可以通过发行珍贵金属含量低于面值的钱币获取利益。所以,B项符合题意。
转载请注明原文地址:https://kaotiyun.com/show/SNhi777K
0
在职申硕(同等学力)英语
相关试题推荐
长期借款的优点不包括()。
理想的行政组织建立在下述哪种权威基础上?()
耐克的生产政策和程序当耐克公司决定实施由独立的制造商(出于成本考虑,所有这些制造商均位于泰国、印度尼西亚和中国)在国外生产其所有的运动鞋类产品的战略时,公司制订了一系列的政策和生产规定以监督与其“生产伙伴”(这是一个耐克公司精心考虑的字眼,因为它
Insomeways,theUnitedStateshasmadespectacularprogress.Firesnolongerdestroy18,000buildingsastheydidintheGreat
Investmentinthepublicsector,suchaselectricity,irrigation,publicservicesandtransport(excludingvehicles,shipsandpl
Althoughfitnesswillnot(guarantee)thatyouwilllive(longer),itcanhelpyou(enjoying)theyearsyou(dolive).
Thelocalpeoplewerejoyfullysurprisedtofindthepricesofvegetablesnolonger______accordingtotheweather.
Formanypeopletoday,readingisnolongerrelaxation.Tokeepuptheirworktheymustreadletters,reports,tradepublication
A.briefB.entriesC.intoA.beclassified【T1】______fourtypesB.【T2】______formofweblogC.【T3】______onablogare
随机试题
采取脱产的方式来培训组织成员,其优点在于【】
患者产后5天,寒热时作,恶露量少,色黯有块,小腹疼痛拒按,口干不欲饮。舌紫黯,脉弦涩。方选
患者,男,19岁。右下颌第一磨牙区轻微疼痛,X线见第一磨牙根尖有一圆形界线清楚的阻射区,镜下见骨小梁的厚度和数量增加,骨髓腔窄小,腔内有纤维组织及少量炎细胞浸润。据此可诊断为
对于水肿的治疗,《内经》提出“开鬼门”一法,属于八法中的
()房地产经纪人时刻面对的问题,而()是制胜的前提。
估值方法的一致性是指基金在进行资产估值时均应采取同样的估值方法,遵守同样的估值规则。()
Tradeshow
某大学文学院语言学专业2014年毕业的5名研究生张、王、李、赵、刘分别被三家用人单位天枢、天机、天璇中的一家录用,并且各单位至少录用了其中的一名。已知:(1)李被天枢录用;(2)李和赵没有被同一家单位录用;(3)刘和赵被同一家单位录用;(4)如果张
Karen:I’mnotoptimisticaboutfindingajobafterIfinishcollege.Joseph:Oh?Whynot?Karen:Theeconomyisgoingdownhill
A、Ithasbeenproventobe.thebestpain-killer.B、Itisapossiblecureforheartdisease.C、Itcanhelplowerhighbodytempe
最新回复
(
0
)