Sam sat down. he recognized me.   the scenery was being changed



Judith stepped through the door. the results were being distributed.

1. There was a long interval while the scenery was being changed.

2. The chair broke...

3. Everyone shouted 'Happy Birthday'...

4. The students waited patiently...

5. He shook me by the hand...

 

 

Переведите статью на русский язык

When the Federal Reserve System was established, its founders did not intend it to pursue an active monetary policy to stabilize the economy. The basic ideas of economic stabilization policy were foreign at the time, dating only from John Maynard Keynes’ work in 1936. Instead, the founders viewed the Fed as a means of preventing the supplies of money and credit from drying up during economic contractions, as happened often in the pre-1914 period.

One of the principal ways in which the Fed was to provide such insurance against financial panics was to act as the “lender of last resort”. That is, when risky business prospects made commercial banks hesitant to extend new loans, the Fed would step in by lending money to the banks, thus inducing banks to lend more money to their customers.

Как Федеральная резервная система управляет денежной массой?

Today, the Fed uses its tools to control the supply of money to help stabilize the economy. When the economy is slumping, the Fed increases the supply of money to spur growth. Conversely, when inflation is threatening, the Fed reduces the risk by shrinking the supply. While the Fed’s mission of “lender of last resort” is still important, the Fed’s role in managing the economy has expanded since its origin.

 

В правой колонке таблицы поставьте по порядку номера частей делового письма.

 

Lemann & Sons  3597 43rd Street  New York, NY 12008     
Yours faithfully,   (Signature) John Stewart   Sales Manager     
With reference to your advertisement in Business Weekly Journal could you please send me more detailed description of your monitors. I would also like to know about discounts that you provide.    
May24, 2015   
John Stewart  1304 Sherman Ave. Madison, Wisconsin    
Dear Sirs,  

 


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