AssignmentsI. Suggest the Russian e

Assignments

I. Suggest the Russian equivalents

exchange labour services for money; you must hand over in exchange a good or service; a double coincidence of wants; spend a lot of time and effort;

make mutually satisfactory swaps; a barter economy is wasteful; commodity generally accepted in payment for goods; prices arc quoted and accounts are kept; the rapid German inflation; its purchasing power is eroded by inflation;

it's usually but not invariably convenient; cut back on other uses; exceeds its cost of production; by collectively agreeing; the survival of token money; society enforces the use of token money; token money is supplemented by IOU money; interest-bearing bank accounts

II.Replace the parts in italicsby synonyms

sometimes payment can be put off till later,thevitalfeature of money; its purchasing power isworn away;the money iswithout value,it is notalways convenient; time and effort arerareresources; private production of money isagainst the law

III. Find in the text opposites to the following words and expressions

take away; reject; planned event; in a minor way; increase; is less than;

separately; very large; be under no compulsion to; public

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

1.The crucial feature of money is its acceptance as __ or __.

2.People buy and sell goods __for money.

3.In a barter economy goods are traded directly or __other goods.

4.People must spend a lot of __finding others with whom they can make

mutually __.

5.Society considers it convenient to use __to determine __of different

goods and services.

6.The unit of account is the unit in which prices are __and __are kept.

7.During the rapid German inflation German shopkeepers found it __to use dollars as __.

8.Money is a store of value because it can be used __.

9.Nobody would accept money as payment for goods supplied today if the money was going __.

10.Since money __and its real __power __by inflation, there are almost certainly better ways to store value.

11.UK citizens can get bank loans __the amount that __next year.

12.When you borrow, the amount to be repaid next year is measured in __.

13. __are ordinary goods with __(gold) and __(cigarettes), which also serve as a medium of exchange.

14.To use a commodity money, society must either __other uses of that commodity or devote __to producing __of the commodity.

15.A token money is a means of payment whose __as money greatly __ its cost of production or value in uses other __.

16.By __,society economizes on the scarce resources required to produce money as __.

17.The essential condition for the survival of token money is __to supply it.

18.Society enforces the use of token money by making it __.

19.In modem economies, token money __by __.

20.An IOU money is a medium of exchange based on __ 1.

21. __is IOU money because it is a debt of the bank.

V. Find in the text English equivalents for the following основная (ключевая) черта (2 варианта); средство платежа; средство обращения; мера стоимости; средство сбережения (средство сохранения стоимости); единица учета; средство погашения долга; в обмен на; может быть впоследствии использовано; обмениваться товарами и услугами;

бартерная экономика; измерять(ся); обесцененный; платить проценты;

покупательная способность; промышленное использование; потребитель­ское использование; деньги – товар; денежные знаки (символические деньги); денежная стоимость; ограничение права; вклад в банке; банков­ская ссуда; законное платежное средство; долговое обязательство

VI.Explain in English

double coincidence of wants; deferred payment; medium of exchange;

purchasing power; monetary value; legal tender; IOU

VII.Answer the questions

1.Why do people accept money?

2.Dwell on the functions of money.

3.Dwell on different kinds of money.

4.What's a barter economy? Why is trading expensive in a barter economy?

5.What currency can be used as the unit of account? Speak on the current situation in Russia.

6.What does IOU stand for?

VIII.Translate into English using all the active possible

Результаты (английский) 1:

AssignmentsI. Suggest the Russian equivalentslabour exchange services for money; You must hand over in exchange a good or service; a double coincidence of wants; spend a lot of time and effort;make mutually satisfactory swaps; a barter economy is wasteful; commodity generally accepted in payment for goods; prices quoted arc and accounts are kept; the rapid German inflation; its purchasing power is eroded by inflation;It's usually but not invariably convenient; cut back on other uses; exceeds its cost of production; by collectively agreeing; the survival of token money; society enforces the use of token money; token money is supplemented by IOU money; interest-bearing bank accountsII. Replace the parts in italicsby synonymsSometimes the payment can be put off till later, thevitalfeature of money; its purchasing power isworn away; the money iswithout value, it is notalways convenient; time and effort arerareresources; private production of money isagainst the lawIII. Find in the opposites to the text the following words and expressionstake away; reject; planned event; in a minor way; increase; is less than;separately; very large; be under no compulsion to; publicIV. Fill in the gaps with the words and expressions from the text1. The crucial feature of money is its acceptance as _ or _.2. People buy and sell goods __for money.3.In a barter economy goods are traded directly or __other goods.4. People must spend a lot of __finding others with whom they can makemutually _.5. the Society considers it convenient to use __to determine __of differentgoods and services.6. The unit of account is the unit in which prices are __and __are kept.7. During the rapid German inflation German shopkeepers found it __to use dollars as _.8. Money is a store of value because it can be used _.9. Nobody would accept money as payment for goods supplied today if the money was going _.10. Since money __and its real __power __by inflation, there are almost certainly better ways to store value.11.UK citizens can get bank loans __the amount that year __next.12. When you borrow, the amount to be benchmark next year is measured in _.13. __are ordinary goods with _ (gold) and _ (cigarettes), which also serve as a medium of exchange.14.To use a commodity money, society must either __other uses of that commodity or devote __to __of are the commodity.15. A token money is a means of payment whose __as money greatly _ its cost of production or value in other uses _.16.By _ society economizes on the scarce .resources file required to produce money as _.17. The essential condition for the survival of token money is __to supply it.18. Society enforces the use of token money by making it _.19.In modem economies, token money __by _.20.An IOU money is a medium of exchange based on _ 1.21. __is IOU money because it is a debt of the bank.V. Find in the text the English equivalents for the following main (key) feature (option 2); means of payment; means of treatment; measure of value; savings tool (stored value); unit of account; means of repayment; in Exchange for; may be subsequently used; to exchange goods and services;barter economy; measure (SJ); obescenennyj; pay interest;purchasing power; industrial use; consumer medical use; money-commodity; money (fun money); monetary value; the restriction of the right; contribution to the Bank; Islamic banks loan; legal tender; debt obligationVI. Explain in Englishdouble coincidence of wants; deferred payment; medium of exchange;purchasing power; monetary value; legal tender; IOUVII. Answer the questions1. Why do people accept money?2. Dwell on the functions of money.3. Dwell on different kinds of money.4. What's a barter economy? Why is trading expensive in a barter economy?5. What currency can be used as the unit of account? Speak on the current situation in Russia.6. What does IOU stand for?VIII. Translate into English using all the active possible