190
Упражнение 8
1 – b; 2 – a; 3 – b; 4 – b; 5 – b.
Упражнение 10
1. The quantity of money determines
the state of the econo-
my.
2. Money affects the level of prices, the rate of economic
growth and the level of employment.
3. A nation’s money supply is based
on either the production
of commodity or governmental fiat.
4. Commodity money is based on valuable metals: gold or
silver.
5. Fiat money does not have intrinsic value.
6. Many countries use a fiat money system, in which the go-
vernment through its central bank controls the money supply.
7. In the USA the Federal Reserve
System is an independent
government agency.
8. The main function of the Federal Reserve System is to ma-
nage the country’s supply of money.
9. All commercial banks should be the members of the Federal
Reserve System.
10. The Federal Reserve System is administrated by the Fe-
deral
Reserve Board of Governors, appointed by the President for
14-year term.
11. The Board of Governors is independent of political pressure
from either the President or the Congress.
Достарыңызбен бөлісу: 
