TAILIEUCHUNG - Toefl ibt internet based test 2006 - 2007 part 71

Tham khảo tài liệu 'toefl ibt internet based test 2006 - 2007 part 71', ngoại ngữ, toefl - ielts - toeic phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả | 526 ANSWERS AND AUDIO SCRIPTS FOR ACTIVITIES QUIZZES AND MODEL TESTS 1. D 2. A 3. B 4. A 5. C 6 0 7. A 8. C Summary According to the lecturer fossils document the evolution of the horse providing information about the climate and migration patterns. Geologists claim that horses appeared on Earth millions of years before human beings. A horse known as the anchitheres had migrated to Europe in the Miocene from North America. Following the same route the hipparion migrated to Europe later in the Pliocene. When the hipparion invaded Europe the anchitheres did not survive. In contrast the hipparion developed into a sturdy animal like modem breeds of horses. Ironically horses were already extinct in North America by the Pleistocene and Europeans returned the horse to the American colonies on ships. Practice Activity 28 1. Reading 50 The function and responsibilities of the Fed 40 The composition of the Fed 10 A comparison of the Fed to a fourth branch of government Although the summary below is actually closer to 50 . 30 20 . it still maintains a reasonably accurate emphasis. Summary The function of the Federal Reserve System is to regulate money and credit by buying and selling government securities thereby influencing periods of recession and inflation. Moreover the Fed cooperates with the Department of the Treasury to issue new coins and paper notes to banks and participates in international financial policies through member banks overseas. The Fed includes twelve district reserve banks and branches all national commercial banks and credit unions as well as several committees and councils including the powerful board of governors appointed by the President. Because of its powerful membership the Fed has been compared to a fourth branch of government but the President s policies are usually implemented. ipy righted material ANSWERS AND AUDIO SCRIPTS FOR PRACTICE ACTIVITIES IN CHAPTER 3 529 to store water an opening where the water can shoot up and cracks in the ground

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