2. 考研
  3. no longer differs issuing A. Good money (62)______from bad money B. make a profit in coinage by (63)______coins C. Silver coins

no longer differs issuing A. Good money (62)______from bad money B. make a profit in coinage by (63)______coins C. Silver coins

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问题 no longer differs issuing
A. Good money (62)______from bad money
B. make a profit in coinage by (63)______coins
C. Silver coins are (64)______in circulation
    Less than 40 years ago in the United States, it was common to change a one-dollar bill for a dollar’s worth of silver. That is because the coins were actually made of silver. But those days are gone. There is no silver in today’ s coins. When the price of the precious metal rises above its face value as money, the metal will become more valuable in other uses. (65)______because the silver in coins is worth much more than their face value. A silver firm could find that it is cheaper to obtain silver by melting down coins than by buying it on the commodity markets. Coins today are made of an alloy of cheaper metals.
    Gresham’ s Law, named after Sir Thomas Gresham, argues that "good money" is driven out of circulation by "bad money" . (66)______because it has higher commodity value.
    Gresham lived in the 16th century in England where it was common for gold and silver coins to be debased. Governments did this by mixing cheaper metals with gold and silver. The governments could thus (67)______that had less precious metal than the face value indicated.
    Because different mixings of coins had different amounts of gold and silver, even though they bore the same face value, some coins were worth more than others as commodities. People who dealt with gold and silver could easily see the difference between the " good" and the " bad money. Gresham observed that coins with a higher content of gold and silver were kept rather than being used in exchange, or were melted down for their precious metal. In the mid-1960s when the U.S. issued new coins to replace silver coins, Gresham’ s law went right in action.
选项
答案C
解析 空格前一句的意思为：当这种珍贵金属的价值升到高于它作为货币的面值后，它作为其他用途就更有价值了。空格后一句的意思为：银制品公司会发现通过熔化银币获得银比从市场上购买要便宜。现在钱币都是用便宜的金属合金铸造的。故空格所在句的意思应为因为钱币中的银比它的面值值钱得多，所以银币不再出现在流通领域。所以，C项符合题意。
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