Білет №1

Money Supply

Money; commodity money; gold; fiat money; coins;supply; aggregates;demand deposits; time deposits; money market

B;b;a;c;b;d;a;b;c;d

1.Banknotes are issued according to the needs of economic development and it provided with gold, precious metals and other assets of the central bank, and state goods.

2.Short time assets are cash and assets will be soon transferred into money, or will be used in the nearest future, usually within a year.

3.Credit money can be in the form of bills, checks, bank credit cards.

4.There are set mature on the bonds unlike shares.

5.Banks open checking account for businesses to deposit money and making payments.

Білет №2

Central Bank

1) financial institution;2)monetary;3) value;4) policy;5) Federal Reserve;6) reserves ;7) interest rates ;8) fiat;9) gold;10) inflation

II.

D;c;d;d;b;c;a;d;c;d

1.One of the function of the the Central Bank is manage foreign exchange reserves, realize interventions that influence the exchange rate, and on interest rates.

2.The IMF expects the total indicator for all countries M1 and a broader measure of "near money" i.e. time and savings bank accounts and most liquid financial instruments traded in the market.

3.The second form of bank money - deposit money, have emerged when banks as widely accept deposits from customers.

4.Bank money is also called deposit or credit non-cash money.

5.M2 includes savings accounts, small time deposits at banks, and retail money market funds

Білет №3

Fiat money

Currency;legal tender;taxes;popular;issued;gold;tangible;printing;debt;assets

II.

1.b; 2a;3. D;4. B;5. C;6. B;7. c.;8. C;9. A;10. d

1.Savings Bank is a lending institution which attracts savings money and temporary available funds of private sector i.e savings deposits.

2.Short time assets are cash and assets will be soon transferred into money, or will be used in the nearest future, usually within a year.

3.Credit money can be in the form of bills, checks, bank credit cards.

4.There are set mature on the bonds unlike shares.

5.The financial market is a market with negotiable capital and loans.

Білет №4

The World Bank

financial organization;institution;result ;poorest;loans;education;management;sources;profit;markets

II.

D;b;c;b;d;d;a;a;b;b

1. One of the function of the the Central Bank is manage foreign exchange reserves, realize interventions that influence the exchange rate, and on interest rates.

2.Monetary aggregates are the kinds of money differing from each other by the degree of liquidity

3.Today banknotes are universal payment and purchase instrument and it become to new kind of credit money - bank money.

4.The value of fiat money is established, secured and guaranteed by the government.

5.Cash is legal tender in the form of banknotes and coins.

Білет №5

The International Monetary Fund

financial ;rates;crisis;stability;established;monetary;cooperation ;operations/objectives;global;development

II.

D;d;b;c;b;c;a;d;c;d

1.Bank money used in the wholesale trade and payment and settlement operations between businesses, corporations and banks.

2.Most commonly used aggregates MO, including cash, and M1 including cash, checks and demand deposits.

3.Mortgage Bank is an institution to finance mortgages for people to buy homes and still cater mostly to the savings and lending needs of consumers.

4.Credit card is nominal monetary instrument issued by a credit institution, which certifies the existence of this institution the customer's account and gives the right to purchase goods and services without cash

5.Aggregate M2 include cash, checks, demand deposits and short term deposits.

Білет №6

The Bank of England

central bank ;banking system;issuer;gold;financial;Treasury;currency;interest rate;operations;growth

II.

C;d;B;c;b;c;c;a;b;a

1.Liquidity of the enterprise is when the population makes necessary expenses.

2. The sequence of payments - sequence at which is written off by money from the account of the enterprises when there are some payments.

3. The financial market is a market with negotiable capital and loans. The financial market it consist of short-term capital market and the market where participants can sell huge quantities of debts with easy.

4. Monetary aggregates are the kinds of money differing from each other by the degree of liquidity.

5. Today banknotes are universal payment and purchase instrument and it become to new kind of credit money - bank money.

Білет №7

The Bank for International Settlements (BIS)

financial institution;purpose;monetary;private;goal;reserve;adequacy;capital;asset;liability

II.

A;d;b;c;b;c;c;a;b;b

1. The value of fiat money is established, secured and guaranteed by the government.

2. Cash is legal tender in the form of banknotes and coins.

3. Bank money used in the wholesale trade and payment and settlement operations between businesses, corporations and banks.

4. M2 includes savings accounts, small time deposits at banks, and retail money market funds.

5. Savings Bank is a lending institution which attracts savings money and temporary available funds of private sector i.e. savings deposits.

Білет № 8

The Bank of England

central bank ;banking system;issuer;gold;financial;Treasury;currency;interest rate;operations;growth

II.

B;c;a;d;a;c;b;d;b;b

1.One of the function of the the Central Bank is manage foreign exchange reserves, realize interventions that influence the exchange rate, and on interest rates.

2.Monetary aggregates are the kinds of money differing from each other by the degree of liquidity

3.Today banknotes are universal payment and purchase instrument and it become to new kind of credit money called bank money.

4.The value of fiat money is established, secured and guaranteed by the government.

5.Cash is legal tender in the form of banknotes and coins.

Білет № 9

The European Central Bank

1) central banks;2) serve;3) Euro;4) monetary ;5) independent;6) growth;7) interest rates;8) economic;9) money supply;10) rates

II.

A;c;c;a;b;d;d;d;d;c