Many families in the United States have a large income now than ever before, but people are finding it difficult to make ends meet anyway. Almost everyone is wondering, “What happens to all my money? I never seem to have anything left to put away. ”

  Why isn’t a dollar worth as much as it used to be? One dollar is always worth the same amount, that is, 100 cents. But the value of a dollar is how much it can buy. The value of money depends on the cost of living. Economists say that the cost of living is the money that a family must pay for the necessities of life such as food, housing or rent, clothes, and medical expenses. For many years now, the cost of living has increased greatly, so the value of the dollar has decreased. When a dollar has a low value, you cannot buy as many things with it.

  No one fully understands why the cost of living keeps increasing, but economists believe that workers and producers can make process go up. As workers earn more money, they have more money to spend, so they demand more goods. If there a a great demand for certain goods, the prices of these goods go up. At the same time, if there’s a shortage of goods, the prices also go up. For example, if everyone wants to buy more and more gas, the price of gas goes up. When companies which hold gas from buyers, they can also make the price of gas go up.

  Families need to know what happens to their money. They need to make their income meet the cost of living, so many people plan a family budget. A budget is a list of monthly expenses. If your expenses add up to more than your income, you must find ways to save money. Maybe you’re spending too much on entertainment. Or if you’re spending too much on clothes; you may want to sew your own clothes. budgeting helps you spend your money wisely as the cost of living increases.

1. What has troubled many families in the United States?

  A. A not-large-enough income.

  B. Nothing is left over to put away.

  C. The increasing cost of living.

  D. A shortage of certain goods.

2. ____ determines the value of the dollar.

  A. The government

  B. The cost of living

  C. The economist

  D. The bank

3. While the cost of living increases, the value of the dollar ____.

  A. increases too

  B. decreases

  C. neither increases nor decreases

  D. seldom decreases

4. When ____, the prices go up.

  A. demand exceeds(超过) supply

  B. supply exceeds demand

  C. demand doesn’t exceed supply

  D. supply equals demand

5. Budgeting helps ____.

  A. one to make his income meet the cost of living

  B. the government to battle the rising cost of living

  C. merchants(商人)to produce more goods

  D. the workers to earn more money

 

 0  40407  40415  40421  40425  40431  40433  40437  40443  40445  40451  40457  40461  40463  40467  40473  40475  40481  40485  40487  40491  40493  40497  40499  40501  40502  40503  40505  40506  40507  40509  40511  40515  40517  40521  40523  40527  40533  40535  40541  40545  40547  40551  40557  40563  40565  40571  40575  40577  40583  40587  40593  40601  151629 

违法和不良信息举报电话:027-86699610 举报邮箱:58377363@163.com

精英家教网