Keys (Test V-2)

1. Choose the proper variant( max 30 ):
1	2	3	4	5	6	7	8	9	10
C	C	B	C	D	B	B	D	A	B

2. Write down the appropriate words ( max 20 ):
financial	2
statements	2
specific	2
results	2
date	2
motion picture	2
owns	2
sells	2
time	2
decisions	2
	20

3. Match the term with the definition: ( max 20 ):
1	2	3	4	5	6	7	8	9	10
f	b	g	a	i	e	d	j	h	c

Task 4. Read the text. Say whether the statements after it are true (t) or false (f) ( max 20 ):

Statements	T	F	20
The economic thinking of the great John Maynard Keynes influenced governments’ analysis of economic situation .	T		2
Collapsing money supply was one of the main factors that caused the depression.	T		2
Money supply did not affect economic activity.		F	2
Governments did nothing to influence money supply.		F	2
"Monetary policy" meant "monetary authority".	T		2
"Monetary authority" was established through the creating of central banks.	T		2
The amount of money in the United States depends upon the gold it owns.		F	2
Purchasing power of the U.S. dollar is maintained only by the "gold standard".		F	2
Comparative worth of the U.S. dollar to other currencies is regulated by the Federal Reserve System.	T		2
Banknotes and coins are the only money .		F	2

5. Choose the proper variant( max 10):
1	2	3	4	5
a	c	b	c	b