Національний університет “Львівська політехніка” Інститут гуманітарних та соціальних наук Кафедра іноземних мов

Освітньо-кваліфікаційний рівень: бакалавр

Спеціальність: економіка

Назва дисципліни: іноземна мова за професійним спрямуванням

Курс 2, семестр 1

Контрольна робота №1 Варіант 1

1. Give Ukrainian equivalents of the following words:

a) copyright - авторське право

b) tangible - відчутний на дотик

c) conversely - навпаки

d) asset - активи, майно

e) aggregate supply -сукупна пропозиція

2. Give English equivalents of the following words:

a) пропорційне оподаткування – proportional taxation

b) ставка відсотка – interest rate

c) вирівнювати споживання – to smooth consumption

d) споживання без винятку – nonexclusive consumption

e) середній прибуток –aggregate income

3. Match the words with their definitions:

a) to decline 4 1) an increase in the market value of an asset

b) free riding 3 2) rate of return on a bond

c) capital gain 1 3) consumption of goods or services without having to pay

d) yield 2 4) to become less or worse

e) gold reserve 5 5) stock of gold held by a government to purchase foreign exchange

4. Match the beginnings of the sentences with their endings:

a) The production of public goods is	1) partial ownership of the business.
b) International trade would be inefficient	2) without foreign exchange markets.
c) Each share of corporate stock represents	3) accompanied by positive externalities.
d) Individuals make consumption and	4) saving decision.
e) New bonds have been issued	5) to replace old bonds.

5. Fill in the gaps with the appropriate words:

1) Consumption does not ____ fully to changes in income.

a) respond;

b) react;

c) expect;

2) The first step in debt reduction is a balanced ____ budget deficit.

a) annual ;

b) previous;

c) next;

3) Consumption of a public good is __b__ .

a) exceptional ;

b) nonexclusive;

c) exclusive;

4) Stock markets are one of the institutions that serve as financial _a___ .

a) intermediaries;

b) market;

c) gain;

5) _b___ solves the problem of coincident or reciprocal wants.

a) cash;

b) money;

c) stock;

6. Fill in the gaps with the appropriate Grammar forms:

1) I expected ___а)_ to tell us about this service.

a) them;

b) they;

c) their;

2) The decisions __a)__ at the conference are supported by many scientists.

a) adopted ;

b) adopting;

c) having adopted;

3) They seem __b)__ the problem.

a) to not understand;

b) not to understand;

c) not understanding;

4) If a firm creates property rights in ideas it ___b)_ get a patent.

a) would;

b) will ;

c) shall;

5) He is afraid lest the retailers ____ inconvenient market location.

a) will provide;

b) provid ;

c) provided;

7. Match the following questions with the corresponding answers:

a) How does the bond market function? 2	1) To replace old ones.
b) What is the real wage? 3	2) As a financial intermediary.
c) What is foreign trade balance? 4	3) It is the purchasing power of the wage payment.
d) Why have new bonds been issued? 1	4) It is the difference between the value of exports and imports.
e) What will happen if desired aggregate saving exceeds desired aggregate investment? 5	5) Firms will accumulate unwanted inventories.

Укладачі: доц.І.С. Миськів, викл. М.Б. Бусько

Затверджено на засіданні кафедри іноземних мов Протокол № 1 від 29 серпня 2011 р.

В.о. завідувача кафедри ІМ ІГСН ____________ доц. І.М. Байбакова