1. It is usually convenient to make money the unit of account and standard of deferred payment.
2. Once in 5 years the Parliament has to be dissolved and general election has to take place.
3. To manage modern machines workers must be educated.
4. I hope to be sent to the conference.
5. Children like to invent things and test them.
VII. . .
Money has four functions: a medium of exchange or means of payment, a store of value, a unit of account and a standard of deferred payment. When used as a medium of exchange, money is considered to be distinguished from other assets.
Money as the medium of exchange is believed to be used in one half of almost all exchange. Workers exchange labor for money, people buy or sell goods in exchange for money as well.
People do not accept money to consume it directly but because it can subsequently be used to buy things, they wish to consume. To see the advantages of a medium of exchange, imagine a barter economy, that is, an economy having no medium of exchange. Goods are traded directly or swapped for other goods. The seller and the buyer each must want something the other has to offer. Trading is very expensive. People spend a lot of time and effort finding others with whom they can make swaps. Nowadays, there exist actually no purely barter economies, but economies nearer to or farther from the barter type. The closer is the economy to the barter type, the more wasteful it is.
VIII. , -.
Dear Sirs,
We have seen samples of Irish wine glasses at a trade fair and would like to import a large quantity of them. However, you have heard the manufacturer in question tends to pack his products rather carelessly, with the results that consignment often includes large number of broken glass.
Send an order to the Irish giving detailed instruction as how the goods are to be packed and the containers marked: to wrap each item separately in paper, to limit the weight of any one carton to 5 kg., to mark all cartons "fragile".
We look forward to your reply.
Yours faithfully.
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2. Infinitive and Participle.
3. , : (Complex Object), (Complex Subject), (The Absolute Participle Construction), (The Gerund Construction).
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