1. Соотнесите слова и их определения.

1. demand	a. a period or process in which business activity is reduced and conditions become worse
2. downturn	b. the people looking for work and the jobs that are available at that time
3. labour market	c. the need or desire that people have for particular goods and services
4. consensus	d. the amount of money you have to pay for something
5. price	e. an opinion that everyone in a group agrees with or accepts

2. Переведите следующие слова и выражения на английский язык.

1. покупательская способность	6. товары и услуги
2. ликвидность	7. уровень цен
3. темпы инфляции	8. инвестиции и свободный капитал
4. дефицит товаров	9. спад деловой активности
5. индекс потребительских цен	10. гиперинфляция

3. Переведите следующие слова и выражения на русский язык.

1. mainstream economists	6. goods and services
2. money supply	7. labour market
3. capital projects	8. scarcity
4. wage inflation	9. percentage
5. banking reserve requirements	10. fluctuations in real demand

4. Выберите правильный вариант ответа.

1. ……….. is a rise in the general level of prices of goods and services.

a) wage inflation b) recession c) inflation

2. High rates of inflation are caused by an excessive growth of the …………

a) labour market b) money supply c) scarcity

3. The task of keeping the rate of inflation low and stable is usually given to …………..

a) monetary policy b) mainstream economists c) monetary authorities

4. Low or moderate inflation may be attributed to fluctuations in …… for goods and services.

a) real demand b) wage inflation c) capital projects

5. Monetary authorities are ………..

a) business owners b) mainstream economists c) central banks

5. Ответьте на вопросы.

1. What is inflation?

2. What are positive and negative effects of inflation?

3. Why do most mainstream economists favor a low steady rate of inflation?

4. What authorities are engaged in keeping the rate of inflation low and stable?

5. What is the connection between inflation and unemployment?

Вариант 2

I. Перепишите предложения, поставьте, где нужно, частицу to перед инфинитивом.

1. I cannot … go there now, I have some work … do. 2. Let me … help you with your work. 3. She asked me … read the letter carefully and … write an answer. 4. You must make him … practice an hour a day. 5. We heard the siren … sound and saw the ship … move. 6. He was not sure that it could … be done at once, but he was willing … try. 7. Would you rather … learn shorthand than typewriting? 8. We have just come … ask. 10. Don’t help her … do it.