Hi Vika, I'm in St. Petersburg. It is a huge and very beautiful. I really like it. Here you can see the ancient palaces and houses, beautiful fountains and a lot of bridges over the rivers. Our hotel is situated in the city center. It is not big but very comfortable. I wish I had a computer in the room and I could play my favorite games. I really want to visit the Hermitage and to go out boating along the Neva. And I would like to taste some St. Petersburg cakes. They can be bought on Nevsky Prospekt. Write soon.
1. Most directly, of course, when the Federal Reserve System increases the money supply and expands the availability of credit, then the interest rate, which determines the amount of money that borrowers pay for loans, is likely to decrease. -именная часть сказуемого 2. Lower interest rates, in turn, will encourage businesses to borrow (функция обстоятельства) more money to invest (функция обстоятельства) in capital goods, and will stimulate households to borrow (функция обстоятельства) more money to purchase (функция обстоятельства) housing, automobiles, and other goods. 3. When banks and savers anticipate higher inflation, they will try to protect (часть составного глагольного сказуемого) themselves by demanding higher interest rates on loans and savings accounts. 4. This will be especially true on long-term loans and savings deposits, if the higher inflation is considered likely to continue (функция обстоятельства)f or many years. 5. But higher interest rates create problems for borrowers and those who want to invest (функция дополнения) in capital goods.
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