Task 2 Fill in the gaps using the words from the box in the correct form
temporary, tight to account for, to mean, inflation rate, to adjust (2), adjustment,
to anticipate indexation, to speed up. hyperinflation, though, to cope with, to argue, money supply
1. The incomes policy is known to be a ... means of ... ... the ... of wages to growing money supply.
regulation of the Central Bank, it is argued, will prevent (mpenorepauati) sudden increases in ...
3. The situation is referred to as provided the per month is about 50 percent for several months
in succession (подряд).
4. Before 1971 banks rarely ... interest rates on deposits. This that a rise in inflation reduced the real
Interest rate on all deposits with fixed interest rate.
5. Even when inflation is perfectly ... and the economy is fully... to inflation, it is impossible to ...
all its costs
6. ... cannot cope with all the costs of high inflation.
7. After the 1973 shock rise in oil prices firms tried to struggle with their existing factories for a time ...
they were given a new blow by the second sharp rise in oil prices in 1980-81.​