FUNCTIONS OF MONEYPeople accept money in exchange for goods and services. But the role of money depends on the state of development of an economy. Money has become an essential element of economies based on the division of labour, in which individuals have specialized in certain activities and enterprises have focused on manufacturing specific goods and rendering specific services. In order to make transactions as simple and efficient as possible, the introduction of a generally accepted medium of exchange suggested itself. Money performs the function of a medium of exchange or means or payment with goods being exchanged for money and money for goods. At the same time it also acts as a unit of account. Money is a store of value, as part of an individual’s income may be set aside for future consumption. These three functions of money - medium of exchange, unit of account or store of value – can only be fulfilled if there is great confidence in its stability of value. Safeguarding monetary stability is the primary task of the central banks all over the world. Moreover, the central bank has the function of regulating the money supply in order to guarantee a smooth functioning of the monetary system. - Ответьте на вопросы к тексту письменно: What is the most important function of money? What does the role of money depend on? What are the three functions of money? What is the primary task of central bank all over the world?
II. Заполните пропуски глаголами “can, may, must”:
1) The road was dirty, you … wipe your feet when you come in. 2) Mrs. Smith … be at least 60. 3) Something … be done to stop the criminal. 4) I … leave now, I have a seminar. 5) … you understand what he’s speaking about?
III. Вставьте подходящий предлог.
Mr. Sellyer’s bookshop is cross the street … my house. It is situated … a tall modern building and it is quite famous. It is always full … people. I often go … there to look for new books. He has a lot … different books … his shelves. When I go … Mr. Sellyer’s shop I usually stay there … a few hours.
IV. Переведите на английский язык:
1) - Не можете ли вы пойти со мной в универмаг? - Простите, не могу. Я очень занят сегодня. 2) - Простите, где можно купить туфли и перчатки? - На третьем этаже. 3) - Вам нравится этот свитер? - Да, очень нравится. Я люблю этот цвет. 4) Здесь есть булочная, мясной, молочный магазин, бакалея, а за углом большой универмаг. 5) Где ты купила эти перчатки?
Вариант №4
I. Выполните письменный перевод текста и ответьте на вопросы:
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