English reader on

Task 1. Read the text. Translate it give the summary of it. 

 

Task 2. Copy out unknown words and give their synonyms and 

antonyms. 

 

Task 3. Be ready to answer the questions on the text: 

a) What is the ultimate source of the level of all prices? 

b) Who contributes to the formation of market prices? 

c) Why are prices so flexible? 

d) What role do money prices play in the market? 

e) What is the market price? 

f) What is the essential feature of the market price? 

g) What is the result of government market interference in price 

fixing? 

h) Will you give an example or two examples to show how free mar-

ket prices can prevent disorganization in the economy?