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提问人:网友miyaonanhai 发布时间:2022-01-07
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As a medium of exchange, money permits the separation of exchange into the two distinct ac

ts of buying and selling, without requiring the seller to purchase goods from the person who buys his products, or vice versa. Hence producers who know they will be paid in money, can concentrate on finding the most suitable outlet (销路) for their goods, while buyers who will pay in money, can concentrate on finding the cheapest market for the things they wish to purchase. Specialization, which is vital to an advanced economy, is encouraged, because people whose output is not a complete product but only a part of one in which many others are involved can be paid an amount equivalent to their share of the product.

Another advantage of money is that it is a measure of value—that is, it serves as a unit in terms of which the relative values of different products can be expressed. In a barter economy it would be necessary to determine how many plates were worth one hundred weight of cotton, or how many pens should be exchanged for a ton of coal, which would be a difficult and time-consuming (费时的) task. The process of establishing relative values would have to be undertaken for every act of exchange, according to what products were being offered against one another, and according to the two parties' desires and preferences. If I am trying to barter fish for bananas, for example, a lot would depend on whether the person willing to exchange bananas is or is not keen on fish.

Thirdly, money acts as a store of wealth. It is difficult to imagine saving under a barter system. No one engaged on only one stage in the manufacture of a product could save part of his output, since he would be producing nothing complete. Even when a person actually produced a complete product the difficulties would be overwhelming. Most products deteriorate fairly rapidly, either physically or in value, as a result of long storage; even if storage were possible, the practice of storing products for years on end would involve obvious disadvantages—imagine a coal-miner attempting to save enough coal, which of course is his product, to keep him for life. If wealth could not be saved, or only with great difficulty, future needs could not be provided for, or capital accumulated to raise productivity.

Using money as a medium of exchange means that ______.

A.you have to sell something in order to buy something

B.you have to buy something in order to sell something

C.you don't have to buy something in order to sell something

D.the seller and the purchaser are the same person

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第1题
The passage is mainly about__________ .A.the limitmion of eye contactsB.the excha

The passage is mainly about__________ .

A.the limitmion of eye contacts

B.the exchange of ideas through eye contacts

C.proper behavior. in different situation

D.the rule of eye contact in interpersonal communication

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第2题
A.He wants to return it to the shop.B.He wants to have it repaired.C.He wants to excha

A.He wants to return it to the shop.

B.He wants to have it repaired.

C.He wants to exchange it for another one.

D.He wants to get a receipt for his electronic dictionary.

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第3题
— How long is this cell phone guaranteed?— ______A、You can refund it in 7 days and excha

— How long is this cell phone guaranteed?

— ______

A、You can refund it in 7 days and exchange it in one year.

B、No problem.

C、Don't mention it.

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第4题
A.He sent the drill back and asked for his deposit.B.He went to the salesman for excha

A.He sent the drill back and asked for his deposit.

B.He went to the salesman for exchange.

C.He had no choice but to keep the drill.

D.He threw away the drill.

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第5题
______ is the prmary medium of language.A.SpeechB.LangueC.WritingD.Parole

______ is the prmary medium of language.

A.Speech

B.Langue

C.Writing

D.Parole

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第6题
In Spirited Away, train is a medium of time.
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第7题
3. rare, medium rare, medium, medium well, well done 是指牛排制作到几分熟。
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第8题
培养基(medium,or culture medium)

培养基(medium,or culture medium)

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第9题
简述下列概念的区别:complete medium ;minimal medium...

简述下列概念的区别:

complete medium ;minimal medium

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第10题
培养基(medium)
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第11题
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A.Well done

B.medium

C.medium well

D.rare

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