第4题：
{{B}}Directions:{{/B}}Choose as your answer the word that best fits the blank. On your answer sheet, circle the corresponding letter.
There is no question but that Newton was a highly competent Minister of the Mint. It was mainly through his efforts{{U}} (41) {{/U}}theEnglish currency was put on{{U}} (42) {{/U}}satisfactory basis at a difficult time. {{U}} (43) {{/U}}discovered a relationship between prices and{{U}} (44) {{/U}}amount of money in circulation, which{{U}} (45) {{/U}}later formalized in the so-called "quality{{U}} (46) {{/U}}"of money: if the amount of{{U}} (47) {{/U}}in circulation is doubled--other things{{U}} (48) {{/U}}the same--then prices also will{{U}} (49) {{/U}}double. This is a simple application{{U}} (50) {{/U}}the principle that it is impossible{{U}} (51) {{/U}}. get something for nothing, but apparently{{U}} (52) {{/U}}took someone like Newton to discover it. There{{U}} (53) {{/U}}an obvious comparison withCopernicus, who{{U}} (54) {{/U}}the Polish government on currency questions{{U}} (55) {{/U}}in doing so discovered another important{{U}} (56) {{/U}}(usually known as Gresham’s Law): when{{U}} (57) {{/U}} money is accepted as legal tender,{{U}} (58) {{/U}}money will be driven out of{{U}} (59) {{/U}}.Copernicus anticipated Gresham in the formulation{{U}} (60) {{/U}}this law. |