文档介绍：Review
Lecture 3 Money and Trading
1. Vocabulary
Currency 货币
Bill/note 钞票
Appreciate 升值
Depreciate 贬值
Inflation 通货膨胀
Deflation 通货紧缩
Opportunity cost 机会成本
Trade surplus 贸易顺差
Trade deficit 贸易逆差
OEM 代加工
2. Cross out the word that does not collocate with the word in bold.
Economy: depressed/heavy/stagnant
Living: cost of/standard of/quality of
Sector: private/civil/public
Market: job/work/labour
Consumer: faith/confidence/spending
Government: present/subsidy/grant
Economy: blooming/booming/buoyant
Trade: excess/deficit/surplus
Tax: burden/bill/load
Power: consuming/buying/purchasing
Unemployment: rate/benefit/credit
3. Multiple Choice
1) Time is money. This quote is said by
A. Benjamin Franklin
B. Henry David Thoreau
C. e Bernard Shaw
D. Miguel de Cervantes Saavedra
2) Which of the following is NOT the function of money?
A. A medium of exchange
B. A unit of account
C. A store of value
D. A way of charging
3) What is meaning of the sentence I’d like some coins for this note.
A. I want to change some coins into the note.
B. I want to change the note into some coins.
C. I want a note.
D. I like these coins.
4) Opportunity cost is the cost of any activity measured in terms of the best alternative .
A. forgo
B. trade off
C. forgone
D. traded off
5) The favorable trade of balance is
A. inflation
B. deflation
C. trade deficit
D. tra