Вопрос № 607847 - Английский язык

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The main feature of money is its acceptance as the means of payment or medium of exchange. 1_________________________. It is a standard of value, a unit of account, a store of value and a standard of deferred payment.
2___________________________. Workers work for money. 3___________________________. We accept money not to consume it directly but because it can subsequently be used to buy things we wish to consume. 4___________________________.

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1_________________________. Nevertheless, money has other functions. It is a standard of value, a unit of account, a store of value and a standard of deferred payment. 2___________________________. Workers work for money. 3___________________________. We accept money not to consume it directly but because it can subsequently be used to buy things we wish to consume. 4___________________________.

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In barter economy there is no medium of exchange.1___________________________. In a barter economy, the seller and the buyer each must want something the other has to offer. 2______________________________. There is a double coincidence of wants.
3___________________________. People must spend a lot of time and effort finding others with whom they can make mutually satisfactory swaps. 4___________________________.

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1__________________________. It makes the trading process simpler and more efficient.
2__________________________. Society considers it convenient to use a monetary unit to determine relative costs of different goods and services. 3__________________________. It is the unit in which prices are quoted and accounts are kept.
4__________________________. Money is a store of value because it can be used to make purchases in the future.

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To be accepted in exchange, money has to be a store of value.
1__________________________.
2__________________________. Since money pays no interest and its real purchasing power is eroded by inflation. 3____________________________.
4____________________________. When you borrow, the amount to be repaid next year is measured in money value.

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A token money is a means of payment whose value or purchasing power as money greatly exceeds its cast of production or value in uses other than as money.1___________________________. 2____________________________. By collectively agreeing to use token money, society economizes on the scarce resources required to produce money as a medium of exchange. 3_____________________________. The essential condition for the survival of token money is the restriction of the right to supply it. 4___________________________.