7. Insert prepositions where necessary:

1. And banks now provide almost _______ much liquidity for private securities ____ for public ones. 2. Normally this activity is not noticed _____ the investing public, only ____ those market professionals intimately concerned _____ the gilt-edged market. 3. Bryant was unfairly dismissed _____ his post. 4. The return ____ gold was Churchill's decision, even though, within the Treasury, he _____ first was hard to convince. 5. _____ a while, she ran a restaurant ____ Boston. 6. Any number of circumstances may give rise ____ a fluctuation ____ workload thus upsetting staffing predictions. 7. Haworth, formerly a supervisor ____ 120 people ____ a printing company, left ____ start his own business. 8. The King responded ___ the questions ______ an intermediary. 9. A home ____ the elderly will be built ____ the site ____ the old hospital. 10. Yet ____ comparison ____ the fate _____ most people ____ Caxias, this is a haven of relative calm and well-being. 11. The very presence ___ the media also tends ____ alter the relationships _____ the political and social institutions which they link up. 12. The phone is equipped ____ a call-back facility. 13. The bulk ____ the world's rainforests, 97 percent, are located ____ 27 developing countries.

Variant II

Ex. I Read and translate the text:

When the new Unites States government was established in 1789, many of its leaders favored the creation of a national bank. Alexander Hamilton, secretary of the treasury, thought such an instruction would strengthen the new government politically and promote its economic growth. Few state incorporated banks that existed then had meager resources and were too isolated to handle the financial operations of the new government. Merchants and traders also needed additional banking facilities. So the charter was granted, and the bank opened in Philadelphia in December 1791. The first bank of the USA had a capital of $10 million. The bank was authorized to issue notes, make loans, and hold deposits. It had eight branches in important commercial cities.

The bank issued notes that were accepted in all payments to the United States, and the public regarded them as good as gold. The bank handled payments of the public debt for the Treasury, received subscriptions for new issues of government securities, and paid the salaries of public officials. It kept state-incorporated banks from issuing excessive amount of notes which they might not be able to convert into coin. But many people still opposed the bank. Its charter was not renewed and the bank ceased to exist in 1811.

2. Translate the following words and expressions:

establish, establish relations/links/contact etc (with sb), to favour, favour sb/sth over sb/sth, incorporated, meager, meagre income/earnings/wages etc, charter, to authorize, authorize somebody to do something, to regard, regard somebody/something as something, isolated, subscription, security, securities, to oppose, to cease