3. Fill in the gaps with the words and expressions from the text

1. A market in money in London is not __: dealings take place __, and the price a borrower pays for __ is __.

2. __ is a market in government bonds and company shares.

3. If interest rates rise or fall there is likely to be __ through all the financial markets.

4. Money __ to where it earns the best return, __ with the risk the investor __ and the length of time for which he can __ his money.

5. The more money you __, the higher the return you __.

6. The longer you are prepared to __, the higher the return __.

7. The more risk you __, the higher __.

8. If the buyers and the sellers deal direct, each __ has to find a corresponding __.

9. A marketmaker buys __ in the hope that he will later be able to find a buyer to whom he can __.

10. Marketmakers are prepared to buy shares __ of finding somebody to sell to or sell shares __ of finding somebody from whom they can buy to __.

11. Marketmakers make their living on __ at which they buy and sell.

12. Marketmakers lend __ to a market.

4. Find in the text English equivalents for the following

ринок товарів; ринок акцій; лежати в основі; переміщатися; вкласти гроші; найбільший прибуток, відповідний (пропорціональний) ризику; посередник, відомий як "творець ринку"; потенційний (2 варіанти) покупець і продавець; на свій страх і ризик; у надії (2 варіанти)

5. Check your grammar

the + comparative... the + comparative

e.g. the sooner the better

Make sentences using this construction, like this:

much money to invest - a high return

The more money you have to invest, the higher the return you can expect.

1. to produce goods and services - to enjoy a high standard of living

2. a high standard of living — a lot of expenditure on luxury items

3. wide advertising — high sales

4. high prices for some goods - low sales

5. a great demand — high prices — much profit

6. injections into the economy — the size of the circular flow of income and the level of the activity in the economy increase

7. the severe inflation - the rise in the general price level - the fall in the purchasing power

Add some more sentences of your own on inflation, the money supply and the demand for money, the money market etc.

6. Answer the questions

1. What are different types of investment and what are the corresponding markets? Dwell on each item.

2. What is a marketmaker? How does he make the market?

7. Translate into English using all the active possible

1. Вкладаючи гроші в різні банки й інвестуючи їх у різні фонди, інвестор завжди має на меті дістати найбільший прибуток, відповідно до ризику.

2. Фондова біржа - це посередник між потенційними покупцями і продавцями державних облігацій, акцій компаній і інших цінних паперів.

3. В основі будь-якого ринку, у т.ч. ринку цінних паперів, лежить принцип рівноваги між тими, хто хоче продати, і тими, хто хоче купити акції.