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Exercise 6. Rewrite the sentences substituting the words in bold type by their synonyms. Translate the sentences into Ukrainian using the dictionary if necessary.

1. Rewards provide an incentive for people to improve their productivity.

2. Imports and exports amounted to25 percent of the country's gross domestic
product._____________________________________________________ .-----------

3. Our company made a great profit over the transaction._______________________

4. Over 80 percent of the goods and services purchased by U.S. consumers
each year are made in the United States.___________________________________ _

5. Markets work by bringing together buyers and sellers who establish
market prices and output levels for thousands of different goods.________________



6. Besides believing that free markets motivate economic efficiency,
American consumers see them as a way of promoting their political values as
well._______________________________________________________________


to come from

7. Americans at times have looked to government to break up or regulate
companies that appeared to be developing so much power that they could
defy* market forces.

8. The pragmatism and flexibility of Americans have resulted in an unusually
dynamic economy._____________________________________________________

9. Americans continue to believe that an economy generally operates best
when decisions about what to manufacture and what prices to charge for
goods are made through the compromise of millions of independent buyers
and sellers, not by government or by powerful private interests.__________________

10. The financial crisis has affectedgovernmental and public institutions as
well as private companies._______________________________________________

11.The effectson government spending are likely to have long-standing
consequences
for the provision of all sorts of services.________________________

10.Defy v — npomucmonmii.

Exercise 7. Match each term in column A with its definition in column B

A B
1. commerce b) the activity of buying, selling, or exchanging goods withina country or between countries
2. economy c) the system by which a country's money and goods are produced and used
3. GDP d) something that encourages you to work harder, start a new activity etc.
4. trade e) the buying and selling of goods and services
5. incentive f) a particular type of help or work that is provided by a
6. living standard g) the amount of all goods and services produced in the country within a single year
7. mixed economy h) a measure of the amount of goods and services an individual or group considers essential
8. service i) an economic system in which there exists a mixture of free enterprise and government control
1. The new law (cmpuMye) _________ government has issued new (dupeKmueu) HasKonuw.HbO?.o cepedoeuufa)_________

Date: 2015-12-24; view: 973


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Exercise 3. Match the following components as they occur in the text. Translate them into Ukrainian. | Text C: GIVE HIM AN INCH
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