Question

(выбрать прпаильное слово или выражение)
Choose the correct word or phrase.

1. One reason why people buy gold is because it holds its value/is taken for granted.

2. When we buy things, we swap/represent money for goods.

3. Diamonds are valuable because they are so intrinsic/rare.

4. The dollar is the cash/currency of the USA.

5. When people barter/guarantee goods, they simply exchange one good for another.

6. Banks will only lend to people who can guarantee/ barter back the loan.

7. Some shops won’t accept credit cards. They will only take cash/ currency.

8. When something holds the value/is taken for granted, people don’t think it has great value.

9. Coins and notes are used to swap/represent value.

10. Metals have intrinsic/rare value because they can be used to make things.

11. If money can easily be moved around and used, we say it has liquidity/currency.

12. Centuries ago people paid using commodity money/flat money such as gold and silver.

13. Commodity money/flat money like banknotes and coins has no intrinsic value. It only represents value.​

Answer 1

Ответ:

1.  it holds its value

2.swap

3.rare.

4.currency

5.barter

6.guarantee

7.cash

8.is taken for granted,

9.represent

10.intrinsic

11.liquidity

12.commodity money

13.flat money

Объяснение: