Київський національний економічний університет

Кафедра іноземних мов факультету управління персоналом та маркетингу

Module 3

1St year

Variant 1

І. Write the appropriate key terms for the following definitions.

1. The purchase of capital resources used to produce goods and services.

2. An economic system based on the private ownership of property, competition, and the profit motive.

3. A tax on the income earned by individuals and corporations.

4. All the people who live together in one house.

5. Requirement that the owner or owners assume full responsibility for all losses or debts of a business.

6. A business organization created under a government charter and owned by stockholders.

7. When a single amount of money is taxed twice.

8. A person or business to whom another person or business owes money.

9. Payments made from the earnings of a corporation to its stockholders.

10. Something that is owed by a person, organization, or country, usually money, goods, or services.

II. Choose the correct variant - a, b, c or d - to complete the following sentences.

1. When ________ the train ________?

a. do… leave b. will …leave c. is… leaving d. does… leave

2. Hospital staff ________ a two-day strike tomorrow.

a. will have begun b. begins c. are beginning d. begin

3. Don’t ever say that to me again, ________?

a. do you b. will you c. don’t you d. won’t you

4. I forgot to tell Jim the news. I ________ him now.

a. ring b. am going to c. ‘ll ring d. am ringing

5. Be careful. You ________ your bicycle.

a. will go to fall off b. are going to fall off c. will be going to fall off d. are falling off

6. This time next year I ________ hard for my exams

a. will be revising b. will revise c. revise d. will have revised

7. They ________ the plans by the end of the week.

a. will be finishing b. will have been finishing c. finish d. will have finished

8. By her sixtieth birthday she ________ for 35 years.

a. teaches b. will teach c. will have teach d. will have been teaching

9. You ________ here until you’ve apologized.

a. will be stayed b. are to stay c. will have stayed d. are staying

10. Carriageway repairs on this stretch of the motorway ________ on 26^th May.

a. will due to start b. will start due to c. will being due to start d. are due to start

ІII. Fill in the gaps with the appropriate form of the word in brackets.

1. (The/ -) Belgium is smaller than (the/ -) Netherlands

2. (The/ - ) Atlantic ocean is between Africa and America

3. I used to play (the/ - ) trumpet when I was younger.

4. (The/ - ) English language is (the/ a ) goal of many international students.

5. (Beethoven’s/Beethovens) later (work/works) (is/are) startlingly original..

6. This pair of trousers (have/has) been in this drawer for as long as I can remember.

7. Ten miles (is/are) too far to walk.

8. Money (don’t/doesn’t) bring happiness.

9. Rain, sleet, hail and snow are natural (phenomena/phenomenon).

10. Take two (halves/halfs) of an apple, slice them and pour some syrup.

IV. Translate into English.

1. Обираючи, як витрачати гроші, споживачі таким чином впливають на виробництво, скеровуючи його на бажані товари та послуги.

2. Ефективність – це використання наявних ресурсів для виробництва товарів та послуг за найнижчою економічною ціною.

3. У суспільстві вільного підприємництва існують три категорії ринків: ресурсний, товарний та фінансовий.

4. Маючи можливість залучення значних фінансових ресурсів, корпорація може запропонувати високу заробітну плату, приваблюючи у такий спосіб талановитих спеціалістів

5. Одноосібна власність, партнерство та корпорація – основні організаційні форми бізнесу.