Grammar Progress Test IV (modal verbs)

Ex.3. Indicate whether each of the following statements is true or false.

Ex.2. Fill in the correct name for the different forms of money.

1. The money an employee earns	_____________
2. The money a blue-collar worker gets	_____________
3. The money paid to a doctor or a lawyer for his services	_____________
4. The money pensioners get every month	_____________
5. The financial support a student gets at a university	_____________
6. Shareholders get this money once a year	_____________
7. An employee who is made redundant gets this money	_____________
8. The price of a flat/house paid to the owner every month	_____________
9. The money a company makes at the end of a successful year	_____________
10. Money we all pay to the government in one way or another	_____________

1. A barter system is a system of exchange in which goods or services are traded directly for other goods and services.

2. Primitive societies use the barter system to exchange goods and services.

3. Whale’s teeth were once used as a medium of exchange.

4. Money is a common denominator that is used to compare products for purchase.

5. Spending money on a new car is an example of how money represents a store of value.

6. Stored money is protected from inflation.

7. When money retains its value over time, it has stability.

8. Exchanging goods for goods is called a measure of value.

Ex.4. Sum up what you remember about money:

a) as a medium of exchange;

b) as a measure of value;

c) as a store of value.

Grammar Revision

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