money and banking

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types of an essay the bank and money money and banking objectives: identify professional terminology enabling ss to widely apply it; develop critical thinking skills; enhance ss ability for speaking, reading, listening, writing; warming-up vocabulary pronunciation grammar a fool and his money are soon parted. money doesn’t grow on trees. a beggar can never be bankrupt. money makes money. brainstorming on: vocabulary on “money and banking” money currency banking system supply of money commodity money saving fiat money transaction bank money central bank book credit balance sheet check asset medium of exchange liability store of value time deposit unit of account banking sector liquid reserve requirement demand for money loan memorize these words and expressions below: well-known songs about money listen to them and try to memorize words what band has been singing the first song “money”? what vocalist is on the photo in the right corner? what words and …

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lar, but can be plural if the individuals within a numerical group are acting individually: fifty thousand dollars is a lot of money. one-half of the faculty is retiring this summer. one-half of the faculty have doctorates. fifty percent of the students have voted already. commodity money fiat money bank money (gold coins) (tenge bills, us dollar bills, etc) (checks) reference: n.m.dyukanova “angliyskiy yazik dlya ekonomistov”, p.257 definition of money what is money? money is any good that is widely used and accepted in transactions involving the transfer of goods and services from one person to another. economists differentiate among 3 different types of money: types of money____________________ definition of money (cont’d) commodity money is a good whose value serves as the value of money. gold coins are an example of commodity money. in most countries, commodity money has been replaced with fiat money. fiat money is a good, the …

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ph on a previous slide: money must hold its value over time; that is it must be a store of value. money is more liquid that most other stores of value because as a medium of exchange, it is readily accepted everywhere. furthermore, money is available in a number of convenient denominations. money also functions as unit of account, providing common measure of the value of goods and services being exchanged. knowing the value or price of a good, in terms of money, enables both the supplier and the purchaser of the good to make decisions about how much of the good to supply and how much of the good to purchase. money’s most important function is as a medium of exchange to facilitate transactions. without money, all transactions would have to be conducted by barter, which involves direct exchange of one good or service for another. money serves as …

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$m3 = m2 (see above) + large denomination+ long-term deposits (e.g., > usd 100.000) reference: n.m.dyukanova “angliyskiy yazik dlya ekonomistov”, p.258 banking sector banks performs 2 crucial functions: they receive funds from depositors and, in return, a)provide these depositors with a checkable source of funds; b) with interest payments 2.they use the funds that they receive from depositors to make loans to borrowers. that means: they serve as intermediaries in the borrowing and lending process. reference: n.m.dyukanova “angliyskiy yazik dlya ekonomistov”, p.258 banking sector (cont’d) the reserve requirement is the fraction of deposits set aside for withdrawal purposes. the reserve requirements are determined by the nation’s bank authority, a government agency known as the central bank. reference: n.m.dyukanova “angliyskiy yazik dlya ekonomistov”, p.258 banking sector (cont’d) banks earn profits by borrowing funds from depositors at zero or low rates of interest and using these funds to make loans at higher …$

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ample of a country with triple a +. useful links and references: http://www.kazinvest.kz/ http://nationalbank.kz/ http://www.kase.kz/ http://www.kazinvest.kz/web/banki money and banking lesson outcomes: students are able to identify professional terminology and widely apply it; critical thinking skills are progressively developed; students ability for speaking, reading, listening, writing are enhanced. a fool and his ________ are soon parted. ________ doesn’t grow on trees. a beggar _____ never be bankrupt. money makes ________. money doesn’t grow on trees istochnik: http://skorogovorki.com/angliyskie-poslovitsyi-i-pogovorki-pro-dengi-bogatstvo/.html thank you! image1.jpeg image2.jpeg image3.jpeg image4.jpeg image5.jpeg image6.png image7.png image8.jpeg image9.png image10.jpeg image11.jpeg image12.jpeg image13.jpeg image14.jpeg image15.jpeg image16.jpeg image17.jpeg image18.jpeg image19.jpeg image20.jpeg image21.jpeg image22.png image23.jpeg image24.jpeg image25.png image26.jpeg image27.jpeg image28.jpeg image29.jpeg image30.gif image31.jpeg /docprops/thumbnail.jpeg

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types of an essay the bank and money money and banking objectives: identify professional terminology enabling ss to widely apply it; develop critical thinking skills; enhance ss ability for speaking, reading, listening, writing; warming-up vocabulary pronunciation grammar a fool and his money are soon parted. money doesn’t grow on trees. a beggar can never be bankrupt. money makes money. brainstorming on: vocabulary on “money and banking” money currency banking system supply of money commodity money saving fiat money transaction bank money central bank book credit balance sheet check asset medium of exchange liability store of value time deposit unit of account banking sector liquid reserve requirement demand for money loan memorize these words and expressions below: well-known songs about...

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