В. А. Шляхова, О. Н. Герасина, Ю. А. Герасина английский язык для экономистов english for economists

101
2. Commodity money is based … valuable metals.
3. Many countries are … a fiat money system.
4. The most important function … the Federal Reserve 
System … the USA is to manage the supply … money and credit.
5. All commercial banks are required … law to be members … 
the Federal Reserve System.
6. The Federal Reserve System is administered … the Federal 
Reserve Board … Governors.
7. They are appointed … the President … 14-year term.
8. They are responsible … Congress.
9. The Governors are independent from … the Congress … the 
President.
 Упражнение 7. 
Выберите слова из правой колонки, являю-
щиеся переводом слов в левой колонке.
1. affect
a. денежная 
масса
2. economic growth
b. уровень цен
3. production of commodity c. выпускать деньги в обращение
4. fiat 
money
d. увеличить выпуск продукции
5. money supply
e. уровень безработицы
6. treasury
f. правительственный 
указ
7. to issue money
g. производство предметов 
потребления
8. increase output
h. влиять на 
9. level of prices
i. действительная стоимость
10. level of unemployment
j. государственное казначейство
11. governmental fiat
k. неразменные деньги
12. intrinsic value
l. экономический рост
 Упражнение 8. 
Выберите соответствующий смыслу вари-
ант окончания предложения.
1. Commodity money …… .
a) does not have intrinsic value.
b) is based on silver and gold.

102
2. Fiat money …… .
a) does not have intrinsic value.
b) is based on silver and gold.
3. The US Federal Reserve System is …… .
a) dependent Government agency.
b) independent Government agency.
4. The Federal Reserve System is administrated by …… .
a) the President and the Congress.
b) the Federal Reserve Board of Governors.
5. U.S. currency can be issued by …… .
a) the President and the Congress.
b) Treasury and Federal Reserve System.
Упражнение 9. 
Ответьте на вопросы.
1. What is the economy of the country determined by?
2. What facts is a nation’s money supply based on?
3. What is commodity money based on?
4. What is fiat money?
5. What is the function of the U.S. Federal Reserve System?
6. Who administers the Federal Reserve System?
7. Are the Governors independent of political pressure from 
the Congress and the President?
8. What organs have the right to issue currency?
9. In what case does demand for goods and services in-
crease?
10. What is an economic growth rule?

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