Samarkand iktisodiyot va servis instituti

1. Choose the correct completion of the sentence according to the information in the text.

1. In free market economies consumers and businesses can do …
a) almost anything they want as long as they pay for it.
b) nothing.
c) everything without payment.
2. Banks often borrow money …
a) from other banks.
b) from the central bank.
c) from the government.
3. All interest rates are linked …
a) because money is interchangeable.
b) because they don’t encourage economic activity.
c) because they don’t affect anything.

Exercise 2. Match the antonyms.

1. free-market a. to reduce
2. to increase b. to discourage
3. to encourage c. to lend
4. short-term d. totalitarian market
5. to borrow e. long-term
6. cheap f. to grow
7. to low g. expensive
h. expansion
i. to pull out

LANGUAGE ACTIVITY

Exercise 1. Insert articles where necessary.

1. By controlling … cost of money … banks are able to influence economic growth.
2. In … totalitarian country … government tells its citizens what to do.
3. Banks often borrow money from … central bank.
4. … change in interest rates announced in … Washington will affect interest rates in …Singapore.
5. … interest rates have become … heartbeat of economic activity.

Exercise 2. Insert prepositions (of, by, on, for, between, from) where necessary.

1. Consumers and businessmen pay … what they want to do.
2. The interest rates … loans made … banks are called Fed Funds rates … the United States.
3. … lowering interest rates, a central bank encourages economic activity.
4. Decisions made, … central bank affects a country’s consumers and business.
5. Consumers and businesses often borrow money … banks.

Exercise 3. a) Study the words.

To consume потреблять iste’mol qilmoq