English for Managers. Аристова Е.В. - 30 стр.

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УлГТУ | Ульяновск

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coming into general circulation. But the demand for Money is related not only to the
quantity of business but also to the rapidity with which the business is done. The
supply of money, on the other hand, is the actual amount in notes and coins available
for business purposes. If too much money is available, its value decreases, and it does
not buy as much as it did, say, five years earlier. This condition is known as inflation.
EXERCISES
1. Give
English equivalents to the following:
обменивать на, более широкий смысл, средство обмена, первоначально,
национальная валюта, заменить чем-либо, выполнять функцию, вызывать
сомнение, заплатить за товар чеком, зависеть от, спрос и предложение, общий
оборот, связан с, с другой стороны, условия.
2. Make
sentences by adding a suitable beginning to the following:
1 replaced by paper notes.
2 is dependent on supply and demand.
3 are known as instrument of credit.
4 as a constant store of value.
5 are used for general business.
6 are sold for money.
7 requires an increase in the amount of money coming into general circulation.
3. Complete the following sentences in any way you like.
1. The value of money is
2. The demand for money is..
3. The demand for money is related.
4. Credit is offered
5. If a man's assets are considerable.
6. The purchasing power is dependent on.
7. Checks and money perform the function of.....
4. Answer some questions on the Text:
What was the earliest form of trade?
What is money?
What are the main functions of money?
What is the demand for money?
What is the supply for money?
5. Read the following sayings about money and say whether you agree
with them or not. Give your reasons.
1. Money may not bring happiness, but it is nice to find out for yourself.
2. Money talks and it's nearly always saying "good-bye".
3. Money makes money.
4. Money does not smell.
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