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The value of the U.S. penny has been dropping for years. Many countries have stopped using pennies. Is it time for the U.S. to do the same?

Those who think we should keep the U.S. penny offer the following arguments to support their positions:

Prices will increase. If we get rid of the penny, everything will have to be rounded to the nickel (五分硬币), costing us more for everything we buy.

Charities need pennies. There are thousands of small charities that depend on pennies to bring in donations. People think nothing of pouring out their old penny jars to support charity, but they won’t part with nickels so easily.

Nickels cost even more to make. If we get rid of the penny, we will need more nickels in circulation. Nickels cost 7.7 cents to make, 2.7 cents over face value, as opposed to 0.26 cents over face value to make a penny. Since the penny costs 0.26 more than face value to make, the Mint (铸币厂) can make 5 pennies and still lose less money than making 1 nickel.

People who want to retire the penny also have some persuasive arguments, including these:

Pennies waste time. The average American wastes 2.4 hours a year handling pennies, or waiting for people who handle them. This statistics is the result of collecting a number of penny-handling related events, including the 30-second period we sometimes spend waiting for someone who just has to dig through their pockets or purse to find that last cent so they can pay for something with exact change (probably so they don’t get stuck with any more pennies).

Making pennies wastes taxpayers’ money. It costs the U.S. Mint 1.26 cents to make each 1 cent coin, meaning that taxpayers are losing 0.26 of a cent for each one of the 7.4 billion pennies the Mint produces each year.

History will repeat itself. In 1857, the Mint stopped making the half-cent coin, partly because the cost of making it was considered to be no longer needed. Yet, commerce continued without any catastrophic effects. History has shown us that updating the monetary supply in countries where the currency (货币) is very stable has had little, if any, negative effect on the economy, or on people’s acceptance of the coinage.

1.According to people who want to keep the penny, getting rid of the penny      .

A. is good for ordinary consumers

B. is especially bad for rich people

C. will be convenient for them

D. may lead to fewer donations to small charities

2.Why do pennies waste time?

A. Because consumers don’t always have enough change.

B. Because it takes time for people to get them from their pockets or purse.

C. Because pennies are not easy to take.

D. Because pennies are difficult to collect.

3.The underlined word “catastrophic” in the last paragraph can be replaced by “     ”.

A. direct   B. positive

C. important   D. disastrous

4.The text is mainly developed by      .

A. giving examples

B. setting down general rules

C. comparing different opinions

D. following the natural time order

高三英语阅读理解中等难度题

少年,再来一题如何?
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