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The value of money is going down. What you could buy in 1970 for £20, now, in 1979 costs£5

6.40. That's inflation and nobody likes it, least of all the Bank of England. One of the results of inflation is that people need coins and notes of higher value. At the moment, the note of the highest value which is generally in circulation is the £20 note. Now, the Bank of England plans to introduce a new, £50 note. And the Bank is trying to decide which famous English man or woman to put on the back of the new note.

Quite a problem. The Bank usually chooses safe, historical personalities. We already have Sir Isaac Newton, the scientist, the first duke of Wellington, the famous soldier who led the British army at Waterloo, Florence Nightingale, founder of English nursing and — of course — Shakespeare. So far, the list of possible choices for the £50 note is quite predictable. There's Sir Francis Drake, to represent the achievements of English explorers in the sixteenth century. Then we have Lord Nelson, another sailor and the man who won the battle of Trafalgar in 1805 for England. Isambard Kingdom Brunel, the engineer, is also on the list because of the magnificent bridges which he built. The Bank will not forget music this time either — Sir Edward Elgar, one of our most famous composers of the nineteenth century is a possible choice. If they choose a woman, the feminist movement has two representatives: Boadicea, Queen of the early English tribes of the first century, who fought against the Romans, or Emily Pankhurst, who fought to get the vote for women early in this century.

What do you think of this selection? There's no one who was alive in the last fifty years on it and no political leader. Why not? Why doesn't the Bank choose popular heroes — like the Beatles, for example? Write and tell "BBC Modern English" who is on your list for this banknote. Imagine you have to choose some personality to go on a banknote in your own country. Who is your choice?

"Inflation" in this story means "______".

A.the rise in prices resulting from an increase in the money, credit, etc.

B.the rise and fall of the voice in speaking

C.the process of inflating or being inflated

D.an illness brought by infection

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更多“The value of money is going do…”相关的问题
第1题
听力原文:W: Do you think it's good to give our children a monthly allowance?M: I think so.

听力原文:W: Do you think it's good to give our children a monthly allowance?

M: I think so. It can teach them the value of money, and besides, they can learn to budget their expenses wisely.

Q: What are they talking about?

(19)

A.The value of money.

B.How to budget our expenses wisely.

C.Monthly allowance for children.

D.A good way to spend money.

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第2题
听力原文: I know a man called John Smith who is a very unusual millionaire. What makes him
unusual is that he has no money and no worries that money cannot take care of. But John Smith has thought about this a lot. He says the average millionaire never uses money and always gets other people to pay for taxis or drinks. This is because he is so used to thinking in millions that small amount of money is not worth thinking about. But this does not mean he has no worries. On the contrary, the average millionaire constantly worries about his businesses, his investments and international rates of exchange. A fall in the value of the pound or dollar can give sleepless nights and makes him feel ill. John Smith says that he feels very sorry for millionaires who instead of being masters of their wealth, are slaves of their millions. In one way, however, John Smith always behaves exactly like a millionaire. I mean he never has any money and generally manages to persuade someone else to pay for his drinks. He always makes people happy. He has no worries about economic situation, banks, investments and so on. He does not even give much thought for tomorrow. He is the happiest man I have ever met, and whenever I meet him, he tells me "In money I am not rich, but in peace of mind I am a millionaire".

What is John Smith?

A.He is a poor man.

B.He is a millionaire.

C.He is a liar.

D.He is a fortune teller.

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第3题
听力原文:Many families in the United States have a larger income than ever before, but peo

听力原文: Many families in the United States have a larger income than ever before, but people are finding it difficult to make ends meet anyway. Almost everyone is wondering, "What happens to all my money? I never seem to have anything left to put away."

Why isn't a dollar worth as much as it used to be? One dollar is always worth the same amount, that is, 100 cents. But the value of a dollar is how much it can buy. The value of money depends on the cost of living. Economists say that the cost of living is the money that a family must pay for the necessities of life such as food, housing or rent, clothes, and medical expenses. For many years now, the cost of living has increased greatly, so the value of the dollar has decreased. When a dollar has a low value, you can't buy as many things with it.

No one fully understands why the cost of living keeps increasing, but economists believe that workers and producers can make the prices go up. As workers earn more money, they have more money to spend, so they demand more goods. If there is a great demand for certain goods, the prices of these goods go up. At the same time, if there's shortage of goods, the prices also go up. For example, if everyone wants to buy more and more gas, the price of gas goes up. When companies withhold gas from buyers, they can also make the price of gas go up.

Families need to know what happens to their money. They need to make their income meet the cost of living. So many people plan a family budget. A budget is a list of monthly expenses. If your expenses add up to more than your income, you must find ways to save money. Maybe you're spending too much on entertainment. Or if you're spending too much on clothes, you may want to sew your own clothes. Budgeting helps you spend your money wisely as the cost of living increases.

(33)

A.A larger income often results in a lower living standard.

B.No more money is left over in spite of a larger income.

C.To put away some money has become a necessity.

D.They don't know where their money has gone.

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第4题
Money provides a unit of account that serves _____ a standard to measure value .A.a

Money provides a unit of account that serves _____ a standard to measure value .

A.as

B.for

C.in

D.with

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第5题
Portfolio theories of the demand for money are based on money"s function as a ___

A.medium of exchange;store of value

B.medium of exchange;unit of account

C.store of value;medium of exchange

D.store of value;unit of account

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第6题
听力原文:When my son Ryan saw a T-shirt on sale for 5 dollars marked down from 8, he told

听力原文: When my son Ryan saw a T-shirt on sale for 5 dollars marked down from 8, he told me, "We'll save 3 dollars if we buy it now." He looked at me in surprise when I answered, "We'll save 5 dollars if we don't buy it at all,"

Today's children get lots of messages and values from television and from friends. They are encouraged to buy things they don't need. What they need is an understanding of the value of the dollar. How do children learn the important facts of life? Most schools do not teach them. It is up to parents to help their children.

To learn about money children need to have some, Early on, parents often handed out money on an as-needed basis. But experts say paying certain amount of money each week is the best way to teach children the meaning of money, how to use it and how to plan.

But how much should the parents give? Some experts suggest giving one dollar for each year of age, but Dr. Olivia Mellan disagrees: "I think 5 dollars a week is too much for a 5-year-old, and 15 dollars is probably not enough for a 15-year-old." What's right depends on three things: the child's level of development, how much yon can give, and what you expect him to pay for.

However much you give them, children will soon feel they need more. But Sharon M. Danes, a professor at the University of Minnesota, insists that children don't need a raise each year; "There's no lesson to be learned when children expect an increase just because they are a year older," she says. "What they should learn is how to be good money earners, savers and spenders."

(33)

A.To save 3 dollars.

B.To buy it at once.

C.To ask 3 dollars from the parent.

D.To save 5 dollars.

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第7题
What is the main idea of this passage?A.The value of the money is dropping down.B.Why the

What is the main idea of this passage?

A.The value of the money is dropping down.

B.Why the living condition is dropping.

C.Introduction of the unreasonable money policies.

D.The reason and method of saving money.

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第8题
What is the main idea of this passage?[A] The value of the money is dropping down.[ B

What is the main idea of this passage?

[A] The value of the money is dropping down.

[ B ] Why the living condition is dropping.

[ C] Introduction of the unreasonable money policies.

[D] The reason and method of saving money.

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第9题
As a business man, Cal measures everything in ().

A.friendship

B.love

C.money

D.its real value

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第10题
In a commodity system, the money can not only be used to purchase something, but it also h
as an inherent value by itself.

A.Y

B.N

C.NG

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第11题
听力原文:W: Good evening, Mr. Brown, and welcome to the program.M: Thank you!W: I wonder i

听力原文:W: Good evening, Mr. Brown, and welcome to the program.

M: Thank you!

W: I wonder if you could tell listeners more about the work you do?

M: Certainly.

W: Mr. Brown, I gather that you work for a company developing software for reading electronic books?

M: That is so.

W: Do you think there is much future in that7

M: Well, people buy music online—so why not books?

W: You have to read electronic books on a machine, don't you?

M: That is so, although of course you might be able to print them out on a printer.

W: .So why should people read a book on an expensive machine when they can buy a cheap copy and carry it around with them and read it whenever they like?

M: That is an interesting point. People need time to become aware of the value of e-books.

W: Is it true that at the Frankfurt Book Fair, in 2000,there was a prize for the best books published in electronic form?

M: Yes, that is true: the prize was worth $ 100,000.

W: Who put up the money for the prize?

M: Err, software companies such as Microsoft and Adobe.

W: I suppose they are trying to encourage publishers to get the e-book business off the ground.

M: That's probably true.

(26)

A.At a television studio.

B.On a radio program.

C.In a job interview.

D.In a factory.

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