10. Заполните пропуски предлогами:

1. Monetary policy is concerned with the cost... money.

2. Bank-notes and coins are not the most important form ... money ... developed economies.

3. Cheques didn't come ... general use ... the second half of the seventeenth century.

4. A payment from one person ... another merely requires that the banker reduces the amount ... one deposit and increases it... another.

5. The transmission ... payments ... means ... cheques create problems when the person making the payment has an account... a different bank... the person receiving the payment.

6. Most countries have a central bank, which is respon­sible ... the operation ... the banking system.

7. Several merchant banks date back ... the nineteenth century.

8.... recent years there has been a considerable extension ... the range... financial services offered… building societies.

11. Поставьте вопросы к выделенным словам:

1. In the absence of some form of money, exchange may take the form of barter.

2. As the extent of specialization increases, the barter system proves very inefficient.

3. A specialist metal worker must seek out a large number of other specialists in order to obtain, by barter, the variety of goods he needs.

4. The alternative is to change his skins for some other article.

5. The use of money makes possible a great extension of the principle of specialization.

6. The use of money allows us to exchange hours of labor for an amazing variety of goods and services.

7. The direct exchange of goods for goods would raise all sorts of problems regarding valuation.

8. The problem of exchange rates is easily solved when all other commodities are valued in terms of a single commodity.

9. It is a great convenience to hold wealth in the form of money.

10. The money value of wealth may fall when it is being stored.

12. Заполните пропуски, используя глаголы, данные в скобках:

1. Exchange may ... (to take) the form of barter, which ... (to be) to direct exchange of goods and services for goods and services.

2. Barter ... (to serve) man's requirements quite adequately when he ... (to provide) most of the needs directly and ... (to rely upon) market exchanges for very few of the things he ... (to want).

3. As the extent of specialization ... (to increase) the barter system ... (to prove) inefficient.

4. In the simplest societies each family ... (to provide) by its own efforts most of its needs.

5. This system of exchange ... (to become) very cumbersome as economic activities ... (to become) more specialized.

6. A specialist metal worker must... (to seek out) a large number of other specialists in order... (to obtain), by barter, the variety of goods he needs... (to satisfy) his daily wants.

7. The great disadvantage of barter ... (to be) the fact that it... (to depend upon) a 'double coincidence of wants'.