Добавил:
Upload Опубликованный материал нарушает ваши авторские права? Сообщите нам.
Вуз: Предмет: Файл:
Шургина,Мушинская Методичка 4 курс финансы 111.doc
Скачиваний:
72
Добавлен:
03.09.2019
Размер:
1.21 Mб
Скачать
  1. Answer the questions:

  1. Why do people accept money?

  2. What are the functions of money?

  3. What are different kinds of money?

  4. What's a barter economy?

  5. What does IOU stand for?

  1. Give Ukrainian equivalents:

  1. you must hand over in exchange a good or service

  2. a double coincidence of wants

  3. spend a lot of time and effort

  4. make mutually satisfactory swap

  5. a barter economy is wasteful

  6. its purchasing power is eroded by inflation

  7. it's usually but not invariably convenient

  8. exceeds its cost of production

  9. the survival of token money

  10. token money is supplemented by IOU money

  11. interest-bearing bank accounts

  1. Replace the words in italics by syno­nyms from the box:

invariably

postpone/delay

scarce/seldom/sparse/ occasional

illegal

worthless/ valueless

essential/fatal/significant

eroded by

  1. sometimes payment can be put off till later

  2. the vital feature of money

  3. its purchasing power is worn away

  4. the money is without value

  5. it is not always convenient

  6. time and effort are rare resources

  7. private production of money is against the law

  1. Translate into English:

1. засіб платежу

2. засіб звернення

3. міра вартості

4. засіб збереження (засіб збереження вартості)

5. в обмін на

6. може бути згодом використано

7. обмінюватися товарами та послугами

8. бартерна економіка

9. вимірюватися

10. платити відсотки

11. промислове використання

12. споживче використання

13. гроші – товар

14. грошові знаки (символічні гроші)

15. грошова вартість

16. обмеження права

17. вклад в банку

18. банківська позика

  1. Complete sentences 1-4 with a-d:

1. She deals …..

a) … over the price of the carpet.

2. I swapped the white car …..

b) … for better pay and conditions.

3. I haggled …..

c) … for a blue one.

4. The union is negotiating ….

c) … in unknown artists’ work.

  1. Find the definition of the words below:

deals

is an informal way of saying exchange

swapped

means to discuss in order to make an agreement

haggled

means to argue about a price in a lively and noisy way

negotiating

describes the regular business activity of buying and selling products

  1. Complete the gaps with the correct word: barter, restriction, convenient, medium of exchange, disadvantages, IOU money, token money, efficient, stores of value, commodity money, to haggle.

  1. The main feature of money is ___________.

  2. _________ was a system of direct exchange of goods or services one for another.

  3. Money is generally accepted in payment for goods, services and debts and makes the trading process simpler and more _________.

  4. Society considers it __________ to use a monetary unit to determine relative costs of different goods and services

  5. Houses, stamp collections, and interest-bearing bank accounts all serve as __________.

  6. Golden coins are the examples of __________, because their gold content is a commodity.

  7. A __________ is a means of payment whose value or purchasing power as money greatly exceeds its cost of production or value in uses other than as money.

  8. The essential condition for the survival of token money is the _________of the right to supply it.

  9. An ___________ is a medium of exchange based on the debt of a private firm or individual.

  10. To _________ means to argue about a price in a lively and noisy way.

  11. Modern money has some very serious __________ if we use it as a means of storing up buying power.