1. Income and Spending

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2. Answer these questions;

1. Have you (your family) boughl any durable goods lately?

2. Are you satisfied with them?

3. Have any goods you bought lately disappointed you?

4. What goods have been the greatest disappointment to you? Describe the problem.

5. Does the purchase of durable (luxury) goods reflect the rising incomes of the population?

consumer, consumption, to consume Translate into English:

1. Потребители покупают товары, чтобы удовлетворить свои потреб­ ности.

2. Потребители - это домашние хозяйства.

3. Если иены растут, то потребление товаров, как правило, снижается.

4. Несмотря на рост цен, потребление товаров длительного пользова­ ния выросло в последнее время.

5} Погребительские товары высокого качества пользуются спросом.

6. Сейчас многие семьи потребляют больше товаров высокого качества.

7. Личное потребление тошров и услуг возросло.

producer, production, to produce 'translate into English:

1. Производители потребительских товаров должны изучать рынок, вкусы и предпочтения потребителей.

2. Когда эта фабрика начала выпускать потребительские товары?

3. Что производит эта компания?

4. Компания увеличила производство легковых автомобилей.

5. Эта компания производит товары, которые пользуются большим спросом у населения.

6. Производство товаров длительного пользования значительно вы росло в прошлом году,

to distribute Translate into Russian:

1. The money was distributed fairly.

2. The company distributed the annual profits to the employees.

3. Who distributes books to the students at your university?

4. How do people distribute (heir incomes?

to affect

1. Translate into Russian:

1. This decision will aflect his choice.

2. The goal of all producers is to affect buyer behaviour.

3. Price rises affect sales.

4. How does competition affect the market?

5. Advertising affecls consumers in different ways,

6. Low incomes affect people.

7. Changes in wealth can affect current consumption.

8. The pattern of consumption expenditure is affected by income.

2. Comment on 2), 5), 6).

to have an impact on

1. 'IVanslate into Russian:

1. Smith's ideas had an impact on the development of economics as a sci­ ence.

2. Political events have an impact on the development of business and inter­ national irade.

3. Reduction in bank credits has a big impact on the country's economy.

4. Economic growth has an impact on consumption, production and the current standards of living.

2. Comment on Die above statements.

Ex. 13. Find evidence in Text В to support these statements.

1. There are different factors affecting consumer decisions and spending,

2. The amount of money spent on goods and services has a big impact on the level of economic aclivity.

Ex. 14. Sum up Text В (orally/in writing).

Situation: Discuss with your partner the factors affecting your decisions as consumers (prices, your income, quality, availability of imported goods).