WORD STUDY. Ex. 1. Find words in the text to complete the following expressions
Ex. 1. Find words in the text to complete the following expressions.
| money rules . . . a money economy based on . . . medium of . . . since time and effort are . . . money performs . . . | a store of . . . a temporary store of . . . the function of regulating . . . the euro in many . . . over the course . . . |
Ex. 2. Match the words and their definitions.
| _____ price | a) a medium of exchange that functions as legal tender |
| _____ a debt | b) to trade (goods, services, etc.) in exchange for other goods, services, etc., rather than for money |
| _____ bond | c) the act of buying and selling goods and services either on the domestic markets or on the international markets |
| _____ currency | d) something that is owed, such as money, goods, or services |
| _____ wealth | e) an institution offering certain financial services |
| _____purchase | f) the cost at which anything is obtained |
| _____ bank | g) a metal or paper medium of exchange that is in current use in a particular country |
| _____ money supply | h) something that is bought with money |
| _____ money | i) a large amount of money and valuable material possessions |
| _____ trading | j) a certificate of debt issued in order to raise funds |
| _____ barter | k) the total amount of money in a country's economy at a given time |
Ex. 3. What are the opposites from the text of the following words?
| to buy ________________________ complicated ___________________ false _________________________ cheap ________________________ to lose ________________________ late __________________________ old ___________________________ past ___________________________ | to save _______________________ answer _______________________ expenditures ___________________ final _________________________ demand _______________________ poverty ________________________ rough _________________________ civilized _______________________ |
Ex. 4. Replace the words in italics by synonyms from the text.
to make equivalent swaps _______________________________________
to make trading process more effective _____________________________
in under-developed societies______________________________________
a car owner who wants to sell a car_________________________________
time and effort are rare resources__________________________________
money is a store of wealth ________________________________________
to buy things in the future_________________________________________
an individual may keep $470______________________________________
gold, jewels, houses, paintings are other forms________________________
depends on its abilityto retain_____________________________________
guaranteeing monetary stability____________________________________
Ex. 5. Put one of these words or expressions in each blank.
| inherit, well-off, pocket money, food bill, charities, live on, buy, luxuries, spend, in bulk, money, earns, donate, credit cards |
1. I _____________ about $2000 a year on clothes.
2. I think there will be enough money for the next generation to keep the house, but they
won’t _________________ much more than that.
3. As a child I used to get only $3 dollar a week ____________________.
4. If you have a big house, people think you must be ________________, but it just isn’t true.
5. My monthly ________________ came to about $500, and towards the end of the month we
had beans on toast three nights out of seven.
6. He ____________ $36,000 per annum.
7. We always buy food _________________ so it’s cheaper.
8. He generally gives $50 a month to animal ________________, but he doesn’t ____________
to beggars wearing $150 trainers.
9. I have four __________________, but one is never used.
10. I never buy ____________________.
11. I can _______________ $40 a week.
12. He is always worrying about _________________.
13. Sometimes when I get wild I go and ________________ something just to cheer myself up.