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》 《英语(一) 英语(
What Is Money and What Are Its Functions ?
Text B
New Words 具有前缀的单词:
  1.disagreement (n.)不同意,不一致 exchange inconvenient 不方便的; →(n.) inconvenience transaction trans-(a.)横穿,穿过 transatlantic 横穿大西洋 trans-(v.)进入到某种状态 transplant 移植 具有后缀的单词:
  2.economist 经济学家 economy (n.)经济 payment 支付 baker 烘烤师 conscious (a.)意识到的,自觉的 specify (v.)明确说明 specification (n.)规格,说明书
obligation (n.)义务,责任 obligate (v.)有责任的 liquidate 清偿(债务等) ;将(资产等)变换成现金,变卖
Text B What Is Money and What Are Its Functions ? Money is something you've been familiar with throughout your life. 本句翻译:钱是人一生中所非常熟悉的东西. be familiar with 对…熟悉 throughout 遍及…地方(空间概念) ;在时间上贯穿一整段时间 In fact, you may already consider yourself an expert on the subject. 本句翻译:实际上,很可能你已经认为自己就是这方面的专家了. on the subject 在…方面 ????????????????????????????????????????????????????????????????????
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consider 考虑,关心
》 《英语(一) 英语(

  1.consider sb./sth. as… 视某人为…,视某物为… for example : He will be considered(as)a weak leader. 他会被认为是一个软弱无能的领导人. You regularly use money to measure the value of things you own. 本句翻译:你总是用钱来衡量你所拥有的一切东西的价值. regularly 经常 measure 度量,测量,衡量 value (n.)价值,数值 You also have some of it in your pocket and in bank accounts. 本句翻译:你的口袋里和银行账户上也总是有一定数量的钱. bank account 银行账户 It might surprise you to learn that there's a great deal of disagreement among economists about what money is and how to measure it. 本句翻译:可是经济学家们对于金钱是什么,对于怎样来衡量金钱,却有许许多多不同的意见,你若知道了这 一情况或许会大吃一惊. surprise 使某人吃惊 What money is 钱是什么 Money serves a number of functions, and any definition of money must consider all of its functions. 本句翻译:钱的功能和作用有很多,给金钱所下的任何定义必须能把金钱的一切功用都包括进去. serve 提供 a number of 很多 The four major functions of money are as a medium of exchange, a standard of value, a standard of deferred payment, and a store of value. 本句翻译:钱的四种主要的功能和作用就是:交易媒介,价值标准,赊账标准,价值储备. medium 媒介,媒体 standard 标准 defer 推迟,推延 store of value 价值的储存功能 A Medium of Exchange. 本句翻译:交换的媒介. As a generally accepted medium of exchange, money rules out the need for barter, the direct exchange of one item for another. 本句翻译:因为一般人都把金钱当作交易媒介,这就不必再进行物物交换了,即不必再以一种商品去交换另一 ????????????????????????????????????????????????????????????????????
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种商品了. generally 普遍地,一般地
》 《英语(一) 英语(
rule out 把…排除在外,排除…的可能性 For example : The police ruled out the possibility that the girl had been killed by the murderer.警察们排除了这个姑 娘被他杀的可能性. item 某一条款,某一物品 Barter is a very inconvenient means of trading because it requires the double coincidence of wants. 本句翻译:物物交换是一种很不方便的交易方式,因为买卖双方的需要都能吻合才行. coincidence 同时发生,同时进行 A seller with a good or service to offer must search for a buyer who has exactly what the seller desires. 本句翻译:想出售商品或劳务的卖主必须找到这样一个买家,在这个买家手里正好有卖主想要得到的东西. search for 寻找,搜寻 For example, if a baker wants meat, he must search for a person who sells meat and wants bread under a barter system. 本句翻译:例如,用物物交换的交易方式,如果一个卖面包的想要得到肉,那他就必须找一个想得到面包的卖 肉的人才能交易. Because money is generally accepted as payment for any purchase, a baker who sells bread for money can use the money to buy meat or anything else he wants. 本句翻译: 因为钱是一般人都能接受的一种购买任何商品的支付手段, 所以一个卖面包的, 卖了面包得到了钱, 就可以用钱去买肉或者去买他所想买的任何别的东西. A Standard of Value. 本句翻译:价值的标准. Money provides a unit of account that serves as a standard to measure value. 本句翻译:钱是一种计算单位,用这个计算单位可作为衡量价值的标准. account 重要性,价值 unit of account 价值单位 The value of an item is a measure of what a person will sacrifice to obtain it. 本句翻译:一件商品的价值要由一个人为得到该商品应付多少钱来衡量. measure (n.) How much is a two-week vacation in Hawaii worth to you? If you're like most people, you'll probably respond to such a question by valuing the vacation in dollars - say $2,000 - rather than in terms of other things (like your car). 本句翻译:一个人到美国夏威夷州去度假两周该花多少钱?如果你像大多数人一样,也许若你回答度这一次假 的价值的问题,你会用钱数来回答,比如你回答说$2000,而不会用其他东西的(例如汽车)数字来回答. worth (a.)有某种价值的,值得(做某事)的 ????????????????????????????????????????????????????????????????????
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  2.be worth doing
》 《英语(一) 英语(
For example: Our house is worth about &60,0
  00.我们的房子大约值 6 万英镑. He felt that his life was no longer worth living.他感觉他的生命已经没有再活下去的价值了. worth (n.)价值,用途 For example: These books are of great worth.这些书有很大的用处. worth (prep)值 For example: This picture is worth a thousand dollars.这幅图值一千美元. respond to 作答,回答/作出反应 say (常用于插入语中)表示"假定","比如说" For example: He respond negatively to the question.他对这个问题做出否定的回答. The patient failed to respond to the medicine.病人服了这药未见起色. rather than 与其…(不如) ;而不是 For example: I think I'll have a cold drink rather than coffee.我想喝冷饮, 不想喝咖啡. (与其喝咖啡, 不如喝冷饮; 想喝的是冷饮而不是咖啡. ) in terms of 根据 For example: Now some people tend to think of everything in terms of money.现在一些人总是一切向钱看. Whether or not you're conscious of it, you're constantly valuing items in dollars. 本句翻译:不管你意识到没有,反正你总是用美元来衡量某些开支项目的价值. be conscious of =be aware of 意识到 For example: I'm not conscious of having made a mistake. 我没意识到犯了一个错误. As a standard of value, money allows the addition of values of many different items as automobiles, repairs, and all other goods and services. 本句翻译:金钱,作为价值标准,能把许多不同的开支项目,比如各种汽车,大修理费和所买的其他所有的商 品和劳务费用,加到一起,总共花了多少钱. addition 加在一起 The concept of GNP is useless without a standard of value such as the dollar. 本句翻译:如果没有像美元之类的价值标准,那么国民生产总值这类概念就毫无用处. GNP Gross national production 国民生产总值 without 引导的短语相当于一个条件状语从句:If there is not a standard of value such as the dollar. A standard of Deferred Payment. 本句翻译:延期付款的标准. Many contracts involve promises to pay sums of money in the future. 本句翻译:许多合同里都有保证将来分几次付款的诺言. ????????????????????????????????????????????????????????????????????
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involve 涉及,牵扯 promises 承诺
》 《英语(一) 英语(
The unit of account for deferred payment of debts is also money. 本句翻译:分期偿付债务的计算单位也是钱. If you borrow money to buy a car, the loan contract specifies how much you must pay back every month and the number of months required to satisfy your obligation. 本句翻译:如果你贷款去买一辆汽车,那么借贷合同上就规定了你每月要偿还多少钱,规定了你偿清债务所需 的月份数字. the number of …的数目 satisfy 偿还 However, money serves its function as a standard of deferred payment only if its purchasing power remains fairly constant over time. 本句翻译:可是,只有在金钱的购买力在一段时间内保持相对稳定的条件下,金钱才能起到赊账延期支付标准 的作用. only if 唯一条件 satisfy 偿还(债务) ;履行(义务,契约等) ;向…偿清 For example: You must satisfy your debt before going abroad.在出国前你必须还清你的债务. over (prep)在…期间;直到…过完 For example: Our country has made great advances over the past ten years.我们国家在过去十年中取得了巨大的进 步. If the price level rises, the future purchasing power of money over time will go down. 本句翻译:如果物价水平在上涨,那么在将来的一段时期内金钱的购买力就会下降. go down 下降→go up 上升 Similarly, a decrease in the price level will increase the future purchasing power of money. 本句翻译:同样道理,如果物价水平在下降,那么金钱的购买力就会上涨. A Store of Value. 本句翻译:价值储存. Money can also serve as a store of value that can be quickly converted to goods and services. 本句翻译:金钱也能起到储存价值的作用,所储存的价值可以迅速转化成商品或者劳务. be converted to 被转变成,被转化成 Money as the actual medium of exchange is completely liquid, meaning it can immediately be converted to goods and services without any inconvenience or cost. 本句翻译:金钱既然是实际上的交易媒介,它是完全可以流通的,也就是说金钱可以立即转换成任何商品或任 ????????????????????????????????????????????????????????????????????
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》 《英语(一) 英语(
何劳务而不会有任何不便之处,不须付出任何代价. Other assets that serve as stores of value must first be sold to be converted into a generally accepted medium of exchange. 本句翻译:可是其他资产若作为价值储存起来,要想转换就必须首先把它卖掉,这才能使之转换成一般人都能 接受的交易媒介. asset 资产 There are often costs and inconvenience associated with liquidating other assets. Holding money as a store of value thus can reduce the transaction costs involved in everyday business. 本句翻译:而在变卖其他资产时,还经常要支出一些附加费用,这很不方便.可是有了具有储存价值的金钱, 就可以免去了日常买卖中的交易费用. involved in transaction cost 交易费用 everyday 每天的 hold 拥有
Vocabulary Exercises Ⅰ.Choose the one that best completes the sentence.
  1. The (function) (作用) of a chairman is to lead and control meetings. 本句翻译:主席的作用就是领导和控制会议. A. bravery 勇敢 B. boredom 厌烦 C. freedom 自由
  2. Success is not worth the (sacrifice) (奉献) of your health. 本句翻译:获得成功未必需要付出健康为代价. B. attitude 态度 C. bargain 讨价还价 D. balance 平衡
  3. Our company has made a (contract) (合同) with a foreign automobile company to buy 500 cars. 本句翻译:我们公司和一家外国汽车公司签订了一项购买 500 辆汽车的合同. make a contract 签合同 A. contrast 对比 C. concept 概念 D. contact 联系,交往
  4. Coal can be (converted) (转化,转变) to gas by burning. 本句翻译:煤可以通过燃烧转变成气体. A. concluded 得出结论 B. confused 混乱的 D. consisted 由…组成,由…构成
  5. The doctor told him to eat only (liquid) food, which was easy to digest. 本句翻译:医生让他只吃一些液体食物,这样的东西有助于他的消化. liquid food 液体食品 ????????????????????????????????????????????????????????????????????
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