Vocabulary Notes:

Economic performance – економічний показник; економічний результат;
earnings report – рахунок прибутків та збитків (компанії);
housing start – початок будівництва житлового будинку;
Consumer Price Index – індекс споживчих цін; індекс цін на споживчі товари;
Gross Domestic Product – валовий внутрішній продукт;
stock market price – курс цінних паперів на фондовому ринку;
money supply – грошова маса.

Task 12. a) Match the terms in column A with their definitions in column B:

a sudden increase in trade and economic activity; a period of wealth and success;
the total market value of all final goods and services produced by a country in one year;
in the US and some other countries, a list of the prices of some ordinary goods and services which shows how much these prices change each month, used to measure the rate of inflation;
a difficult period in the economy of a country or group of countries, when there is less trade and industrial activity than usual and more people are unemployed; a period of general economic decline, specifically decline in GDP for two or more consecutive quarters;
the total value of all the goods and services produced within a nation in a particular period including the income from investments in foreign countries. Basically, it measures the value of goods and services that the country’s citizens produced regardless of their location;

b) Translate into Ukrainian:

Task 13. Think and answer.

Task 14. a) Make the difference between the following words.

Which word?

In many cases you can use any of these words: a rapid increase / growth / rise;

Growth is often uncountable and is used especially to talk about size: population growth is much more typical than “population increase / rise”. It is also more often used to talk about something positive: the growth in earnings / employment / demand.
Increase and rise are often used to talk about more negative things: an alarming increase / rise in violent crime.
Increase is more general than rise, used for things that increase by themselves or that are increased deliberately by somebody.
Rise is used more for things that happen to rise, rather than for deliberate increases. Price rises are seen from the point of view of the people buying things, not selling them. Businesses announce price increases; customers feel the effects of price increases / rises.

b) Make up sentences with the above words.

Task 15. Practice reading the following words.

Task 16. Read the text.

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