English 4 (Self-Study)


(9) ………………. system and the wider financial and economic  environment, and tries to identify potential risks. A (10)



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English 4 (Self-Study)


participants in the (9) ………………. system and the wider financial and economic 
environment, and tries to identify potential risks. A (10) ………………. and stable financial 
system is important, and is also necessary for carrying out monetary policy efficiently. 
……………….. ……………….. ……………….. ……………….. 9….…………….. 
……………….. 4 ……………….. ……………….. ……………….. 10……………….. 
Read the passage again and decide if the statements are true (T) or false (F). 
1. The Bank of England wants to prevent prices rising 
2. The government sets a figure for what it thinks should be the maximum inflation rate 
3. The government makes decisions about interest rates 
4. Commercial banks have to keep some of their funds at the Bank of England 
5. The Bank does not pay interest on commercial bank’s deposits 
6. The Bank can try to change the sterling exchange rate 
7. The Bank has to eliminate threats to financial stability 
8. The Bank of England maintains the stability of the financial system 
9. The Bank of England lends money to small businesses 
10. The Bank of England manages reserves of gold and foreign currencies 


……………….. ……………….. ……………….. ……………….. 9….…………….. 
……………….. 4 ……………….. ……………….. ……………….. 10……………….. 
Exercise 8: Read the passage below and choose suitable words given to fill in the gaps. 
job types retired companies successful 
skills employ factories same unable 
Manpower has been a (1) ………………. employment agency for about 60 years. It 
has supplied temporary employees to companies since 1948. That’s when the first office 
opened in Milwaukee, in the USA Two lawyers started the company when they were (2) 
………………. to find temporary help with a project. Today, it is a global company with 
offices all around the world. 
Employment agencies supply companies with different (3) ………………. of 
workers. These include professional and administrative workers in offices, and manual 
workers in (4) ………………. and on building sites. Temporary workers (also called ‘temps’) 
now make up between one and three per cent of the total workforce in most countries. 
Multinational companies have employed temps for a long time. Now smaller (5) 
………………. also use temporary workers. 
Have careers changed very much since the 1990s? A decade ago, people expected to 
work for the (6) ………………. company until they retired. Today, nobody expects a job for 
life any more. People move from job to (7) ………………., working in different companies 
or in different departments. Training is important because it improves workers’ (8) 
………………. This can help employees to find better jobs or get a promotion. 
In some jobs there aren’t enough skilled workers. Some companies want (9) 
………..…. people with skills to return to work. Japan, Australia and Italy have started to 
(10) ………………. older workers. Companies need organizations like Manpower to arrange 
training for older employees, for example to use computers or to work with a younger boss. 

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