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V. Find the English equivalents:

Валюта, бартерна економіка, замінювати засіб обміну, головна перевага грошей, вартість грошей, міра вартості, високоякісний папір, робити покупку, вважатися.

VI. Fill in the gaps with the words from the list:

denomination, paper money, payment, medium, advantages, barter economy, money economy

1 Money can be anything, that is generally accepted in ________ for goods and services.

2 Equal __________ of money should have the same value.

3. The principal difference between a _________ and a _________ is that in a barter economy you must find someone who wants what you have.

4 One of the principal __________ of money over barter is its ability to be divided into parts.

5 Money, therefore, is the ________ that enables exchanges to be made easily.

6 The money you are most familiar with, currency, consists of the ________and coins, that you use almost daily.

VII. Match the following terms with their def'n,t,ons:

1. a fare a. an amount of money that a person, business, or country borrows, especially from a bank

2. a salary b. extra percentage paid on a loan

3. a bill c. an amount of money you receive, usually weekly, in return for labour or service

4. an alimony d. paid by a company or the state on your retirement

5. a loan e. paid while traveling, especially on public transport buses, trains, etc.

6. a pension f. money paid for professional services, e.g. to a doctor

7. a fee g. paid at a restaurant after eating

8. a cash h. a fixed amount which is paid, usually monthly, to workers of higher rank

9. a wage i. money paid by divorced father to his former wife for the upkeep of his children

10. an interest j. money which is in the form of coins and notes, not cheques

VIII. Name the following:

1. an additional payment which is a reward to those who work for a company for their extra work;

2. money or property that you arrange for someone to have after you die;

3. a first payment that you make when you agree to buy something expensive such as a car or house;

4. extra money that you are paid in addition to your usual salary;

5. the amount of money you borrow from a bank in an agreement to buy a house;

6. the amount of money borrowed from a bank, greater than that which is your account;

7. the act of changing the money of one country to the money of another country;

8. part of the value of a company that you may buy;

9. a share of the profits of a company, paid once or twice a year to the people who own the company's shares;

10. the system of money used in a particular country;

IX. Make up sentences:

the root of all evil

a measure of the value of goods

is

a means of exchanging goods

Money

has

the guarantee of security

a way to store up buying power

various uses in the modern world

good and bad points

some very serious disadvantages

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