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Date: 2015-10-07; view: 429.


What do you do every day?

Because but unless by when without

10. Answer the questions.

1. What is the monetary base?

2. Are many currencies today pegged to any precious metals?

3. What is the amount of reserves in the US banks?

4. Do you know if there are any reserves in Russian banks?

5. Why do coins and banknotes become unnecessary today?

6. What is the disadvantage of digital transactions?

trade commodity currency monetary base reserves banknote
11. Find the terms that match the explanations.

a.An object used as a medium of exchange. _____

b.Exchanging one object of value for another. _____

c.Amount of cash available to an economy. _____

d.Amount of cash held by banks. _____

e.Legal tender of a particular country. _____

f.Goods such as grain or gold. _____

12. Here are two typical work days of an economist: the work day of an accountant who works at a bank and another who is an academic economist. Read these scenarios and answer the questions.

a.What time does Martin start to work?

b.What duties does he perform there?

c.How does he prefer to get to work?

d.What is Isabella responsible for?

e.Does she rest at her lunch break?

f.How does she spend her time in the evenings?

 

       
 
   
 

 

13. Match the two halves of the sentences.

1.He comes to work a. to work.

2.She spends her time b. customers' accounts.

3.She starts work c. about products and services.

4.He has lunch d. at 8.30.

5.He is responsible for e. on research, teaching and writing.

6.She spends a long break at lunchtime f. preparing classes and grading papers.

7.She deals with g. any economic questions

8.He quite often walks h. with the colleagues.

9.She is responsible for i. at 9.00.

10.He answers questions j. with the clients.

 

14. Complete the resumes using the information from 12.

       
 
   

 

 

 


15. Now speak about Martin and Isabella using the information from resumes.

16. Write your own resume.


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Will different money currencies disappear in the future? | Economics Jokes
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