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умк_Боброва_Анг

1. Agree or disagree

                  1. People buy only some commodities with money.

                  1. Some values in the economic system are measured in terms of money.

                  1. Coins are adequate for general business, while paper notes are used for small transactions.

                  1. Today the American dollar isn't “backed” by the store of gold which the US government maintains.

                  1. Gold has been universally regarded as a very valuable metal.

6. Paper notes, cheques and money orders are issued by government and authorized banks, and are known as “legal tender”.

7. The demand for money is related to the rapidity of the business.