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Did you examine your paper money closely? See if you can locate a $5, $10, or $20 bill printed before 1964 and marked "Federal R
Did you examine your paper money closely? See if you can locate a $5, $10, or $20 bill printed before 1964 and marked "Federal R
admin
2019-05-13
63
问题
Did you examine your paper money closely? See if you can locate a $5, $10, or $20 bill printed before 1964 and marked "Federal Reserve Note" over the portrait. In the upper-left portion above the seal, a statement written in fine print says that the note is legal tender (法定货币) and that "it is redeemable (可兑现的)in lawful money at the United States Treasury (美国财政部) or at any Federal Reserve Bank (联邦储备银行). " Does this mean that the bill is not lawful? At the bottom center the same bill says, " Will pay to the bearer on demand X dollars. " Does this mean that your X-dollar bill is not X dollars?
Much confusion exists about the real nature of money. Many people think that money has no value unless it is backed by gold or silver. They think that the Federal Reserve note is only a symbol for money, and that real money is the metal backing the note. Some people look on money as wealth and believe that it must have intrinsic value.
If we were to study the history of money, we would find that in different places and at different times a variety of things have been used as money. Cattle, shell, beads (珠子) , tobacco leaves, and various metals—including iron, zinc (锌) , bronze (青铜) , and copper—have all been used as a basis of exchange. The
precious
metals, particularly silver and gold, have proved most satisfactory for this purpose and have been most commonly used in modern times.
Until early 1968, the United States backed its Federal Reserve notes with 25 percent gold, but this did not mean that citizens could use gold as money or convert paper dollars to gold. Clearly, it is not what money is but what it does that is important.
From the passage, we can infer that _________.
选项
A、money is always the Federal Reserve note
B、the face value of the money equals how much gold in it
C、paper money is just used as a basis of exchange
D、people could use gold to buy things directly from 1968.
答案
C
解析
由文章第三段第一句和第二句“If we…things have been used as money...have all been used as a basis of exchange.”可知纸币只是被用来当作交换的基本等价物。故选C。
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公共英语二级笔试题库公共英语(PETS)分类
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公共英语(PETS)
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