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II. Read and translate the following groups of words

  1. A) In what context do you think the following words and phrases will appear in the text?
  2. A) Match the words and their definitions
  3. A) Read and translate the text to know more about Sochi.
  4. A) Read the following news report and think of a suitable headline for it.
  5. A) Study the definitions of the words with similar meanings and think about their proper Russian equivalents.
  6. A) translate the illustrative examples into Russian;
  7. Agree or disagree with the following statements using appropriate phrases.

a steady increase, an extreme form of inflation, aggregate demand, at current prices, little or no effect, a full employment situation, no further increases, deficiency of home supply, the excess purchasing power, the additional government spending, an upward movement of prices, general price level, currency's ability, unemployed resources, rate of economic growth

III. Remember the words and word combinations

aggregate demand - совокупный спрос

attempt - попытка

confidence - доверие


creeping inflation - ползучая инфляция

currency - валюта, деньги

current - текущий

eventually - в конечном счёте, со временем

expenditure - расходы

experience - испытывать

hyperinflation - гиперинфляция

inevitably - неизбежно

persistently - постоянно, настойчиво

private - частный

queue - очередь

rate - уровень, темп

rationing - нормирование

replace - заменять

run - away inflation - гиперинфляция

saving - сбережение, накопление

since - так как

taxation - налогообложение

transfer - перемещать, переводить

withdraw - изымать

IV. Define the part of speech of the following words

context, however, persistent, confidence, ability, currency, inevitable, annual, condition, total, taxation, expenditure, additional

 



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BUSINESS PLANNING | X. Translate the following sentences into English | MONEY AND ITS FUNCTIONS | The functions of money | GRAMMAR PRACTICE | XX. Answer the following questions. Give the examples to describe your opinion | REGULATION AND TOKEN MONEY | C) Think of the possible title to the text, discuss it with your mate and choose the most relevant one. Share your idea with other pairs in class | XXIV. Discuss in groups advantages and drawbacks of different forms of money. | THE COMMERCIAL BANKS |

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