Passage Three
Most English people have three names: a first name, a middle name and the family name. Their family name comes last. For example, my full name is Jim Allan Green. Green is my family name. My parents gave me both of my other names.
People don’t use their middle names very much, So "John Henry Brown" is usually called "John Brown". People never use Mr. , Mrs. or Miss before their first names. So you can say John Brown, or Mr. Brown; but you should never say Mr. John. They use Mr. , Mrs. or Miss with the family name but never with the first name.
Sometimes people ask me about nay name. "When were you born, why did your parents call you Jim" they ask. "Why did they choose that name" The answer is they didn’t call me Jim. They called me James. James was the name of nay grandfather. In England, people usually call me Jim for short. That’s because it is shorter and easier than James.
A. it's the name of his grandfather
B. it's easier for people to call him
C. it's the name that his parents chose for him
D. it's more difficult than James
There are various ways in which individual economic units can interact with one another. Three basic ways may be described as the market system, the administered system and the traditional sys tem.
In a market system individual economic units are free to interact among each other in the market place. It is possible to buy commodities from other economic units or sell commodities to them. In a market, transactions may take place via barter or money exchange. In a barter economy, real goods such as automobiles, shoes, and pizzas are traded against each other. Obviously, finding somebody who wants to trade my old car in exchange for a sailboat may not always be an easy task. Hence, the introduction of money as a medium of exchange eases transactions considerably. In the modern mar ket economy, goods and services are bought or sold for money.
An alternative to the market system is administrative control by some agency over all transactions. This agency will issue edic
A. To outline contrasting types of economic systems.
B. To explain the science of economics.
C. To argue for the superiority of one economic system.
D. To compare barter and money-exchange markets.
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