Exercise 5. Correct the sentences

Exercise 4. Insert the correct word from the line.

Exercise 3. Make sentences with the following word-combinations.

Exercise 2. Write down the questions for these answers.

Exercise 1. Illustrate your understanding of three functions of money with your own examples.

1. Money can serve as a medium of exchange, a unit of account, and a store of value.

2. One of the functions of money is to serve as a unit of account.

3. A yardstick is a unit of account for measuring prices and values.

4. A bench­mark is a unit of account used for comparing prices and values.

5. The dollar is the unit of account in the United States.

6. Money is a standard of value.

7. Usually the same item serves as the unit of account and the medi­um of exchange in one country.

8. Russians use foreign currencies, such as the dollar and the Euro, as the unofficial medium of exchange.

9. Money is both a temporary and a permanent store of purchasing power.

10. People hold more money than they need to carry out their transactions because that money can also serve as a perma­nent store of purchasing power.

11. The wealth of individ­uals is their accumulated savings.

12. An individu­al may keep their wealth in stocks, bonds, and real estate.

13. When wealth is held in money, in the future you won’t have to exchange it to buy goods and services.

1. spend money

2. make/earn money make money (=make a profit)

3. get/earn good money (=be paid good wages)

4. lose money (=not make a profit, so that a business owes more than it earns)

5. cost money/cost a lot of money

6. save money

7. lend/borrow/owe money

8. waste money (on something)

9. be a waste of money

10. charge (somebody) money

11. raise money

12. pay money (for something)

13. give somebody their money back/refund somebody's money

14. a sum/an amount of money

Computer programmer, money, earn, purse, will cost, back, spend, help, is losing, cash, borrow, coins, charge.

1. Money is what you... by working and can use to buy things.

2. Money can be in the form of notes and... or cheques, and can be kept in a bank.

3. Don't... all your money on the first day of your holiday!

4. She doesn't earn very much....

5. The company... money and may have to close down.

6. The repairs... quite a lot of money.

7. I don't want to … money from the bank unless I really have to.

8. They... huge amounts of money for their services.

9. We're trying to raise money to... children with cancer.

10. If you are not completely satisfied with our products, we will give you your money ….

11. You can earn good money as a....

12. Money in the form of coins or notes that you can carry around with you is called....

13. You'll find some money in my....

1. I didn't have some money on me (=I was not carrying any money).

2. Don't forget to get some Swiss money before you leaves.

3. The family made their moneys in the woollen trade.

4. It sound quite an interesting job, but I don't know what the money's like yet.

5. You have to work long hours and the money are terrible!

6. He working for a finance company now, and making loads of money.

7. At last the business are starting to make money.

8. We don’t going on holiday this year because we're trying to save money.

9. Could you lend me a money?

10. He were left a large sum of money.

11. We can changes some money at the airport (=change it into the money of another country).

COLLOCATIONS

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