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Indians. Paper money was used in china as early a thousand years ago. Over time, the introduction of cheques, plastic credit card, and recently electronic banking, has meant that new standards for measuring the value of money have been sought Enter the McDonald's hamburger. McDonald's products, guaranteed by the company's manual and constant computerized measurements, have a strict fixed standard. Because the Big Mac hamburger formula is the same in every country, the comparative price of a McDonald,'s Big Mac hamburger is a good measure of the comparative cost of ingredients, labor and company fees thus a measure of each countrys different economic structure. Economists know that one way of measuring the value of money all around the world is to look at the cost of a single item sold in many different countries. In the big Mac they have the perfect constant. 1.“Euro"is A)a new name B)a new product C)a new credit card D)a new currency 2. Euro was introduced in Europe in order that A) countries can trade more easily B)money can be counted more quickly e)countries can use electronic banking. D)countries can use Internet 3. In history, who used gold and silver as currencies? A)The Greeks and the Maori B)The Romans and the Americans C)The Chinese and the Indians D)The Arabs and the Japanese 4. Nowadays, what would people like to use to buy things? A)Gold and cheque B)Cheque and credit card C) Copper and cash D)Electronic banking and silver 5. The Big Mac hamburger" here is used as A)a perfect constant B) a currency C)a value D)a best formula Passage five I love children and flowers. I once even sent cards to my grandparents for that fake Grandparents Day holiday. Thats not going to happen again. But no matter how much I want to be a normal, manly American, I can't get myself to like dogs dont want to hate dogs. But I just cant imagine sharing my apartment with someIndians. Paper money was used in china as early a thousand years ago. Over time, the introduction of cheques, plastic credit card, and recently electronic banking, has meant that new standards for measuring the value of money have been sought. Enter the McDonald’s hamburger. McDonald’s products, guaranteed by the company’s manual and constant computerized measurements, have a strict fixed standard. Because the Big Mac hamburger formula is the same in every country, the comparative price of a McDonald’s Big Mac hamburger is a good measure of the comparative cost of ingredients, labor and company fees; thus a measure of each country’s different economic structure. Economists know that one way of measuring the value of money all around the world is to look at the cost of a single item sold in many different countries. In the Big Mac they have the perfect constant. 1. “Euro” is . A) a new name B) a new product C) a new credit card D) a new currency 2. “Euro” was introduced in Europe in order that . A) countries can trade more easily. B) money can be counted more quickly. C) countries can use electronic banking. D) countries can use Internet. 3. In history, who used gold and silver as currencies? A) The Greeks and the Maori. B) The Romans and the Americans. C) The Chinese and the Indians. D) The Arabs and the Japanese. 4.Nowadays, what would people like to use to buy things? A) Gold and cheque. B) Cheque and credit card. C) Copper and cash. D) Electronic banking and silver. 5.”The Big Mac hamburger” here is used as . A) a perfect constant B) a currency C) a value D) a best formula Passage five I love children and flowers. I once even sent cards to my grandparents for that fake Grandparents Day holiday. That’s not going to happen again. But no matter how much I want to be a normal, manly American, I can’t get myself to like dogs. I don’t want to hate dogs. But I just can’t imagine sharing my apartment with some
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