Basic ecomonic terminology. Искренко Э.В - 23 стр.

Çàäàíèå ¹ 3. Ïðî÷èòàéòå îïðåäåëåíèÿ è óêàæèòå òåðìèíû,
ñîîòâåòñòâóþùèå èì.
       1. The items of value that a firm owns.
       2. The price paid for the use of money.
       3. A commercial bank that is chartered by an individual state
but not by the federal government.
       4. Interest rate charged by a central bank for loans of reserve
funds to commercial banks and other financial intermediaries.
       5. The central bank of the United States.
       6. Any funds in excess of the current reserve requirement and
not lent by a bank.
       7. A commercial bank that is chartered by the federal government
and thus is a part of the Federal Reserve System.
       8. The percentage of its deposits that a bank must retain, either
in its own vault or on deposit with its Federal Reserve district bank.
Çàäàíèå ¹ 4. Çàïîëíèòå ïðîïóñêè â òåêñòå ñîîòâåòñòâóþùè-
ìè òåðìèíàìè:

      cash             assets              securities
      sales            reserves            commercial banks
      market

                     Open-market operations
      The way in which open-market operations influence the _____
reserves and, through them, the general liquidity of the _____
_____ is essentially simple. If the central bank buys _____ in the
open _____, the cash it offers in exchange adds to the _____ of
the banks; if the central bank sells securities in the open market, the
cash necessary to pay for them is either withdrawn from the banks’
reserves or obtained by diminishing holdings of other _____ (with
the possibility of capital losses in consequence of these _____).




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