The lecturer said market (had stopped) long before
being a geographic site where goods (were bought and sold). He (characterized) markets as arrangements through which
goods (are sold) to those people who (need) them.
It was written in the book that some forms of money (had been used) by man from early times.
In 1968, the British Parliament (passed) the Trade Descriptions Act
imposing limitations on information that a firm (could give) to the
public In its advertisements. Before the Act the firms (had) a larger freedom in advertising activity.
The Prime Minister said the monthly pension (would have grown) two times by the end of the year.