RENEE MONTAGNE
Today, the value of money (not just the dollar, but most currencies) is decided purely by itspurchasing power, as dictated by inflation. That is why simply printing new money will not create wealth for a country. Money is created by a kind of a perpetual interaction between real, tangible...
Today, U.S. bills are backed by the Federal Reserve, but as fiat money. As economies grew and became more global in nature, the use of commodity monies became more cumbersome. Countries moved toward the use of fiat money. Fiat money is legal tender whose value is backed by the ...
At once her attention was caught by a toy dog可知小女孩对玩具狗感兴趣,所以选B。 (3)题详解: C主旨大意题。根据作文描述特别是最后一段中The money the friend gave me was to help me find happiness in the world.可推知该文旨在说明帮助别人可以获得快乐,所以选C。 考点:日常生活类短文阅读。
Money that maintains its purchasing power over time is a store of value. If you hold a precious metal, for example, you can be fairly certain that it will be worth something in the future, so it functions as a store of value. The same goes for dollars, euros, pesos, or renminbi....
While it might seem worth waiting for the higher payout, taking the money today is probably the better bet. Investing:You can invest it and potentially earn far more than $750, which is just 5 percent. Inflation:Yourpurchasing poweris likely greater now than it will be in three years. ...
根据第一段You like money, right? Most people do. But what is it really worth? Usually, it will buy the goods and services that you expect. 可知你喜欢钱,对吗,大多数人喜欢。但是它真正的价值是什么?通常,它将买你期待的商品和服务,因此判断本段主语要讲了钱的重要性。故选A。(2)C.细节理解...
To a less extreme extent, this is what happens throughout many developing countries today; people constantly save in their local currency that, every generation or so, gets dramatically debased. Other Types of Commodity Money Emil Sandstedt’s book, Money Dethroned: A Historical Journey, catalogs...
C What can little money do? It's worth thinking it over. A few weeks ago, I got $120 from a friend in a Smile Group. He asked me to do good things with the money. Since then I have used the money to help strangers, and raised a lot of smiles.One day I was in a shop, lo...
WHAT IS MONEY? 什么是钱? Money is anything that is widely exchanged for goods people sell or work they do. It is a form of payment people will accept. Long ago, precious metals such as gold and silver were used as money. Today, paper bills and coins are a common form of money. ...