
- •Introduction An economy driven by competition
- •The u.S. Economy Today
- •Vocabulary
- •Exercises
- •The challenges of this century
- •Vocabulary
- •Basic ingredients of the u.S. Economy
- •Vocabulary
- •Exercises
- •A mixed economy: the u.S. System
- •Vocabulary
- •Exercises
- •Government’s role in the u. S. Economy
- •Direct services
- •Regulation and control
- •Stabilization and growth
- •Direct assistance
- •Vocabulary
- •Exercises
- •The passive use of –able.
- •Fluctuations in economic activity the business cycle
- •The great depression
- •Vocabulary
- •Exercises
- •Form adjectives from these nouns:
- •Form verbs from these adjectives:
- •Form nouns from these verb-adjective pairs:
- •6 From small business to the corporation the sole proprietor
- •The business partnership
- •Franchising and chain stores
- •Large corporations: advantages and disadvantages
- •How corporations raise capital
- •The threat of monopoly
- •Vocabulary
- •Exercises
- •7 Stocks, commodities and markets
- •The importance of dividends
- •The stock exchanges
- •Over-the-counter stocks
- •Buying stock on margin
- •Commodities futures
- •Market dynamics
- •Vocabulary
- •Exercises
- •8 Monetary and fiscal policy
- •Money in the u.S. Economy
- •The u.S. Money supply
- •The federal reserve system
- •Fiscal policy
- •Vocabulary
- •Exercises
- •9 Taxation
- •The power to tax
- •Current federal taxes
- •Taxing for nonrevenue purposes
- •Nontax revenue and borrowing
- •Vocabulary
- •Exercises
- •656099, Г. Барнаул, пр-т Ленина, 46
Exercises
Exercise 1. Study the table. It shows how words can be formed by adding first the suffix –ify, and then the suffix –cation (with suitable changes in spelling).
EXAMPLE simple simplify simplification
Use the table and the example to help you fill in the blanks in the sentences.
-
simple
ify
note
pure
class
ification
clear (=clar-)
NOTE: Remember to remove the ‘e’ in simple, note and pure.
This plan is not simple enough. We must therefore _______ it. The _______ of the plan is essential.
The economy of that country belongs in the Marxist group or class. We must therefore _______ it as communistic. The _______of the economy of that country is not difficult.
That water is not pure enough. It is necessary therefore to _______ it. The _______ of the water is a matter of public health.
Please send a note to the members of the Council. You should ______ them of the date of the next Council meeting. The _______ should reach them this week.
The economics teacher tried to make the situation clear. He tried to _______ his description by making it simpler. When he had made this _______, his students understood the whole matter much better.
Exercise 2. Form verbs from these adjectives:
regular |
complex |
simple |
relative |
realistic |
national |
satisfactory |
selective |
specific |
special |
influential |
indicative |
Exercise 3. Make the words negative by using the prefix dis-
EXAMPLE satisfaction dis + satisfaction dissatisfaction
Note The prefix dis- usually possesses a more specialized meaning of ‘oppositeness’ or ‘opposite action’ than the negative prefixes un-, in- and non-. Use your dictionary if necessary.
ability |
pleasure |
agree |
obey |
engaged |
connect |
qualify |
continue |
possess |
comfort |
|
|
Exercise 4. Arrange these sentences in their proper sequence in order to obtain a paragraph on durable goods.
Finally, it is interesting to note that many buyers and sellers on important markets never see the commodities which they buy and sell.
Commodities like these can be bought and sold and stored without difficulty by people who live at great distances from each other and from the sources of supply.
Certain commodities have a wider market than others.
In addition, commodities which are easy to transport, safe to handle and simple to grade are generally in universal demand.
Durable goods, for example, have a far wider market than perishable goods.
For this reason such goods are a good commercial proposition simply because the risk of investing in them is relatively low.
Exercise 5. Translate.
Товарищество «Грант» обанкротилось, так как их издержки превысили доходы, а активы оказались недостаточными, чтобы возместить убытки.
При увеличении объёмов производства эффективность от установки конвейера возрастет.
В результате сделки между компанией «ПроктерГэмбл» и нашей фирмой мы получаем право использовать их торговую арку в обмен на процент прибыли.
Директор пенсионного фонда растратил деньги вкладчиков и был привлечен к суду.
Частный предприниматель согласился заключить контракт с поставщиком только после того, как убедился, что последний лично отвечает за качество поставляемой продукции.
Мы допускаем, что это нововведение приведет к увеличению накладных расходов на единицу товара.
Географическое положение и климат Великобритании дают ей ряд важных преимуществ перед соседними государствами.
Для проведения исследования рынка необходимо найти средства. Совет директоров решил обратиться в кредитные организации для получения краткосрочного займа.
Слияние двух сильнейших компании на рынке может привести к их неограниченной монополии, что послужит причиной разорения многих мелких и средних предприятий.
Мы должны быть более гибкими в этом вопросе. Многочисленные жалобы наших клиентов могут сказаться на нашей репутации.