首页
登录
职称英语
Imagine a society in which cash no longer exists. Instead "cash" is electron
Imagine a society in which cash no longer exists. Instead "cash" is electron
游客
2023-12-27
8
管理
问题
Imagine a society in which cash no longer exists. Instead "cash" is electronic, as in bankcard systems. Currency and coin are abandoned. The immediate benefits would be profound and fundamental. Theft of cash would become impossible. Bank robberies and cash-register robberies would simply cease to occur. Attacks on shopkeepers, taxi drivers, and cashiers would all end. Purse snatchings would become a thing of the past. Urban streets would become safer. Retail shops in once-dangerous areas could operate in safety. Security costs and insurance rates would fall. Property values would rise. Neighborhoods would improve.
Drug traffickers and their clients, burglars and receivers of stolen property, arsonists for hire, and bribe-takers would no longer have the advantage of using untraceable currency. Electronic "money" would leave incriminating wails of data, resulting in more arrests and convictions. These prosecutions, in turn, would inhibit further crimes.
The impact of the monetary change on underground economies would be nearly as dramatic as the effect on crime. In the United States, the underground economy is estimated at between 10% and 28% of the gross national product. Internal Revenue Service (IRS) researches suggest that almost all hidden labor is paid in currency.
In a society devoid of physical money, a change from cash to recorded electronic money would be accompanied by a flow of previously unpaid income-tax revenues running in the tens of billions of dollars. As a result, income-tax rates could be lowered and the national debt reduced.
Cash has been the root of much social and economic evil. The emergence of electronic funds-transfer technology makes it possible to change the nature of money and to divorce it from evil. Eighty percent of Americans regularly use credit cards. The development of a federal system to handle the country’ s 300 billion annual cash transactions in the United States electronically is within reach.
A national electronic-money system would operate as debit-card system. Each individual’s "money" would be held in his money-system account. A transaction would effect an instant transfer of "money" from his account to that of another account holder.
The principal differences between a national electronic-money system and commercial bank-card systems would be: the money system would be federally operated; payment would constitute "legal tender"; system-account holders would be able to receive as well as pay out funds by use of their accounts; and funds would be transferable between private-account holders as well as between merchants and private-account holders.
Only cash would be supplanted by electronic money. The use of checks, drafts, money orders, traveler’s checks, cashier’s checks, as well as letters of credit, acceptances, and other financial instruments would remain in regular use. Credit card and automatic-teller-machine systems (ATMs) would not necessarily change, although you could no longer obtain cash at ATMs. [br] "Hidden labor" in this passage refers to labor that is paid in ______.
选项
A、electronic money
B、money that is hard to count
C、after-tax money
D、money that is untaxed
答案
D
解析
转载请注明原文地址:https://tihaiku.com/zcyy/3311167.html
相关试题推荐
Whyisitgoodtotakemoreenergyfrommilkinsteadofmeat?A、A.Becausemilk
TheElectronMicroscopeThegenerallayoutoftheilluminationsystemand
Henceinsteadofenjoyingtheircapacitiesforresponsibleworkandlove,theya
AlthoughnolongerslavesaftertheCivilWar,Americanblackstooknosignifica
AsaverysmallchildIusedtoimaginethatIwas,say,RobinHood,andpicture
Thereareseveralreasonswhyhe(Kissinger)nolongerappearstobethemagicia
脸书并没有传播智慧,而是散布令人着迷且加深偏见的内容。(dishout;reinforce)Insteadofimpartingwisdom,Face
Modernindustrialsocietygrantslittlestatustooldpeople.Infact,such
Modernindustrialsocietygrantslittlestatustooldpeople.Infact,such
Modernindustrialsocietygrantslittlestatustooldpeople.Infact,such
随机试题
Inthe1980s,homeschoolingmadeacomebackintheU.S.whenreligiouslycon
连锁饭店一般采用的组织机构形式是( )。A.直线制 B.直线—职能制 C.
甲公司(非房地产开发企业)为增值税一般纳税人,2017年3月转让一栋2000年自
材料题请根据表,回答下列4题。 [不定项选择题]若该银行资产负债表上有日元
用于表面麻醉时,作用较强的药物是A.左布比卡因 B.利多卡因 C.丁卡因
关于卡比多巴的叙述,错误的是A:芳香氨基酸脱羧酶抑制剂 B:帕金森病单用无效
AmanlandedonMars?Youmustbejoking.
商业银行的主要职能包括( )。A.支付中介 B.信用中介 C.信用创造
下列各项中,属于在确定是否利用专家的工作,以协助获取充分、适当的审计证据时可能考
投资项目决策分析与评价的基本要求包括贯彻落实科学发展观、资料数据准确可靠和()
最新回复
(
0
)