Question

Переедите пожалуйста! 1.The US dollar is a constant store of value. 2. The purchasing power of money depends upon supply and demand. 3. Bank serves as a reservoir of loanable money. 4. Banks have developed greatly from their original position as places of security for valuables. 5. Today banks are service industries which handle large sums of money on current and deposit account. 6. The whole banking system is based on simple acts of trust between all concerned. Without this trust modern banking would be impossible.

Answer 1

1. Доллар США является средством сохранения капитала.
2. Покупательная способность денег зависит от спроса и предложения.
3. Банк служит хранилищем ссужаемых денег.
4. Банки сильно изменились с тех времен, когда они были безопасным хранилищем ценностей.
5. Сегодня банки - это сфера услуг, в которой обрабатываются большие суммы денег на текущих и депозитных счетах.
6. Вся банковская система основана на доверии между всеми заинтересованными сторонами. Без этого доверия современное банковское дело было бы невозможным.

Answer 2

Перефразирую, уточняю и комментирую данные утверждения:

1. The US dollar is considered a stable store of value.

   • The US dollar is generally considered a reliable currency for preserving wealth over time.

2. The purchasing power of money is influenced by the principles of supply and demand.

   • The value of money and its ability to buy goods and services depend on the balance between how much money is available in the economy and how much people want to spend.

3. Banks act as reservoirs of loanable funds.

   • Banks play a crucial role in collecting deposits and using those funds to provide loans and credit to individuals and businesses.

4. Banks have evolved significantly from their initial function as secure places for keeping valuable items.

   • Over time, banks have transformed from being merely safekeeping institutions for valuable possessions to multifaceted financial institutions.

5. Today, banks primarily function as service industries, managing substantial amounts of money through current and deposit accounts.

   • Modern banks are service-oriented businesses that handle large volumes of money through various types of accounts, such as checking and savings accounts.

6. The entire banking system relies on mutual trust among all parties involved.

   • Trust is a fundamental aspect of the banking system, as customers trust banks to safeguard their money, while banks trust their customers to repay loans and fulfill financial obligations. Without this trust, the functioning of modern banking would be in jeopardy.