XX. Fill in the blanks using the necessary forms of the verbs given in brackets

1. Other commodities, such as cigarettes,... (to use) as money.

2. So great... (to be) the loss of confidence in Hungary that the new currency had... (to give) a new name.

3. Another type of inflation... (to describe) as suppressed inflation.

4. The effect on prices... (to minimize) by the use of such devices as price controls and rationing.

5. The most common type of inflation is that... (to experience) since the war in Britain.

6. The causes of inflation may... (to classify) as demand-pull or cost-push.

7. Demand inflation may... (to define) as a situation where aggregate demand persistently... (to exceed) aggregate supply at current prices so that the prices... (to pull) upwards.

8. This type of inflation... (to associate) with conditions of full employment.

9. If there are unemployed resources available, an increase in demand can... (to meet) by bringing these resources into employment.

10. If the total demand for goods and services continues... (to increase), a full employment situation... (to reach).

11. In order... (to increase) the rate of capital accumulation, resources will have... (to transfer) from the production of consumer goods to the production of capital goods.

12. Even when the additional government spending... (to finance) from the taxation the effect may still... (to be) inflationary.

SPEAKING