5. Fill in the gaps with the following words:

employment, conditions, level, deal, defining, confidence, functions, withdraw, upwards, causes, income

1. There are several ways of … inflation.

2. Inflation is the situation in which the general price … is persistently moving …

3. Under … of hyperinflation people lose … in their currency’s ability to carry out its …

4. The only possible cause of action was to … currency.

5. Price controls do not … with the … of inflation.

6. This time of inflation is usually associated with the conditions of full …

7. Exports generate … at home but reduce home supplies.

6. Find synonyms among the words:

type, steady, level, runaway, rise, standard, expense, medium, cause, confidence, replace, attempt, rate, constant, kind, galloping, means, reason, trust, change, try, total, increase, lead to, aggregate, achieve, result in, generate, reach, produce, reduce, tempo, decrease, expenditure

7. Find antonyms among these words:

rise, lose, fixed, excess, growth, private, income, fall, find, decline, flexible, deficiency, expenditure, public

8. Make up antonyms from these words:

decrease, upwards, post-war, acceptable, employment, possible

9. Translate the following into English:

постоянный рост, общий уровень цен, с феноменальной скоростью, довоенный уровень, в условиях гиперинфляции, выполнять свои функции, единственно возможный способ действий, потеря доверия, причина инфляции, в виде черных рынков, ползучая инфляция, национальные ресурсы, темп капиталонакопления, частные сбережения, внутренний рынок, уровень инфляции

10. Make up three forms of the following verbs:

refer, pay, withdraw, lose, rise, reach, lead, arise, absorb, fall, send

11. Make up sentences using these words:

1. are, ways, several, there, of, inflation, defining.

2. controls, deal, not, price, do, the with, causes, of, inflation.

3. inflationary, they, because, exports, are, home, reduce, supplies

4. steady, to, a, inflation, refers, increase, of, money, the, supply, in.

5. an, extremely, inflation, of, form, in, at, rate, prices, a, phenomenal, rise.

6. in, this, Germany, 1923, kind, experienced, inflation, of.

12. Fill in the gaps with prepositions:

1. It seems best , however, to define inflation … terms … its basic symptom – rising prices.

2. Inflation is a situation … which the general price level is persistently moving upwards.

3. Towards the end … 1923, paper money was losing half or more … its value … one hour.

4. … conditions of hyperinflation people lose confidence … the currency’s ability to carry … its functions.

5. This is creeping inflation where the general price level rises … an annual rate … 1 and 6 percent.

13. Make up questions to the words in italics:

1. In some contexts inflation refers to a steady increase in the supply of money.

2. In an extreme form of inflation, prices rise at a phenomenal rate.

3. Germany experienced this kind of inflation in 1923.

4. By the end of that year prices were one million times greater than their pre-war level.

5. Towards the end of 1923, wages were paid daily.