BÀI tập NHÓM TIẾNG ANH NHÓM 1 UNIT 11

LOGO
Welcome!!!
TEACHER : Mrs. PHAMTAM
GROUP : 08
CLASS : 21.7LT1
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MONEY AND ITS FUNCTIONS
Members
1.Bùi Thị Mai
2. Lương Khánh Linh
3. Bùi Thị Thùy Dương
Unit 11:
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vocabulary

/kəˈmɒdɪti /

/ˈkʌr(ə)nsi /

/kənˈsɛnt/

/ˈmiːdɪəm ɒv ɪksˈtʃeɪndʒ/

/ɪkˈsprɛs/

/ˈsəːkjʊleɪt/

/fəˈsɪlɪteɪt/


/ˈprɪnsɪp(ə)l/

/səːv /

/stɔː ɒv ˈvaljuː/
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
/ˈsɛt(ə)lm(ə)nt/

/ˈkɒmən /

/ˈmɛʒə ɒv valjuː/

/ˈjuːnɪt ɒv əˈkaʊnt/

/kwəʊt /

/ˈsɪmplɪfʌɪ/

/kənˈteɪn/

/ɪnˈstɔːlm(ə)nt /

/kəˈmɒdɪti ˈmʌni/

/ɪˈmiːdɪət /
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
/ˈtəʊk(ə)n mʌni/


/ˈeɪnʃ(ə)nt /

/ˈmɛt(ə)l/

/ˈprɪmɪtɪv /

/tʌsk ɛlɪf(ə)nt/

/fəː/

/ˈlʌɪvstɒk /

/ˈpəːtʃ əsiη paʊə /

/ɪkˈsiːd/

/ˈmʌnɪt(ə)ri valjuː/
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/kəˈmɒdɪti/
commodity Loại hàng
/ˈkʌr(ə)nsi/
Currency Tiền tệ
/kənˈsɛnt/
consent Sự chấp nhận
/ˈmiːdɪəmɒvɪksˈtʃeɪndʒ/
Medium of exchange Phương tiện trao đổi
/ɪkˈsprɛs/
express Biểu hiện
/ˈsəːkjʊleɪt/

Circulate Lưu hành
/fəˈsɪlɪteɪt/
facilitate Làm đơn giản hoá
/ˈprɪnsɪp(ə)l/
principal Chủ yếu
/səːv/
Serve Đảm nhiệm
/stɔːɒvˈvaljuː/
Store of value Phương tiện cất trữ
/ˈsɛt(ə)lm(ə)nt/
settlement Sự thanh toán
/ˈkɒmən/
common chung
/ˈmɛʒəɒvvaljuː/
Measure of value Thước đo giá trị
/ˈjuːnɪtɒvəˈkaʊnt/
Unit of account Đơn vị thanh toán
/kwəʊt/
quote Niêm yết
/ˈsɪmplɪfʌɪ/
Simplify Đơn giản hoá
/kənˈteɪn/ contain Chứa đựng
/ɪnˈstɔːlm(ə)nt /
installment Sự trả góp
/kəˈmɒdɪtiˈmʌni/
Commodity money Tiền hàng
/ɪˈmiːdɪət/
immediate Ngay lập tức
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/ˈtəʊk(ə)nmʌni/

Token money Tiền dấu hiệu
/ˈeɪnʃ(ə)nt/
ancient xưa
/ˈmɛt(ə)l/
metal Kim loại
/ˈprɪmɪtɪv/
primitive Nguyên thuỷ
/tʌskɛlɪf(ə)nt/
Tusk elephant Ngà voi
/fəː/
fur Da thú
/ˈlʌɪvstɒk/
livestock Gia súc
/ˈpəːtʃ əsiη paʊə/
Purchasing power Sức mua
/ɪkˈsiːd/
exceed Vượt qua
/ˈmʌnɪt(ə)rivaljuː/
Monetary value Giá trị tiền tệ
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SUMMARY
SUMMARY
The concept of money
The concept of money
The functions of money
The functions of money
Different kinds of money
Different kinds of money
The concept of money

The concept of money
Money is a commodity accepted by general consent as a
medium of economic exchange.
Money is a commodity accepted by general consent as a
medium of economic exchange.
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The functions of money
A Medium of Exchange
A Measure of Value
A Store of Value
A Standard of Deferred Payments
Different kinds of money
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Commodity money is a useful good that
serves
as a medium of exchange.
Commodity money is a useful good that
serves
as a medium of exchange.
Token money is a means
of payment whose value
or purchasing power as money greatly
exceeds its costs of production or value in
uses other than as money
Token money is a means
of payment whose value
or purchasing power as money greatly
exceeds its costs of production or value in
uses other than as money

Commodity money
Token money
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Short Question
1. What is money ?
1. What is money ?
Money is a commodity accepted by general consent as a medium of
economic exchange
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2. What are the functions of money ?
Money has 4 important functions. They are:
•
A Medium of Exchange
•
A Measure of value
•
A Store of value
•
A Standard of deferred Payments
Money has 4 important functions. They are:
•
A Medium of Exchange
•
A Measure of value
•
A Store of value
•
A Standard of deferred Payments
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3. What is a medium of exchange ?

A medium of exchange is anything that is widely accepted in payment
for goods and services and in settlement of debts
A medium of exchange is anything that is widely accepted in payment
for goods and services and in settlement of debts
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4. What is the unit of account?
The unit of account is the unit in which prices are quoted and
account are kept.
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5. How is money used as a Measure of Value ?
Money measures value in it units of account.
The unit of account is the unit in which prices are quoted and account
are kept.
Exampt: VND, USD, ERO
Money measures value in it units of account.
The unit of account is the unit in which prices are quoted and account
are kept.
Exampt: VND, USD, ERO
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6. How is money used as a Store of value ?
Money is a store of value because it can be used to make purchases in
the future. . If you choose not to buy with your money today, you can
save it to buy in the future
Money is a store of value because it can be used to make purchases in
the future. . If you choose not to buy with your money today, you can
save it to buy in the future
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7 . How is money used as a Standard of Deferred Payment ?
When you buy something but do not pay for it immediately, your
payment is expressed in term of money to be paid in the future

When you buy something but do not pay for it immediately, your
payment is expressed in term of money to be paid in the future
8. When does money do function poorly as a store of value?

Money does function poorly as a store of value when there is inflation in the
economy.
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9. . How many kinds of money are there?What are they?

There are 2 kinds of money.They are:commodity money and token money.
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9 . What is commodity money?

Commodity money is a useful good that serves as a medium of exchange.
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10. What is token money?

Token money is a means of payment whose value or purchasing power as money greatly
exceeds its cost of production or value in uses other than as money.
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