- •U n I t 10
- •Reading drills
- •1. Practise the pronunciation of the following words:
- •Comments
- •Vocabulary exercises
- •II. Match the synonyms:
- •III. Match the antonyms:
- •IV. Fill in the blanks with prepositions or adverbs if necessary:
- •V. Memorize the following word-combinations.
- •VI. Translate the sentences paying attention to the italicized words:
- •1. The demand for a good is elastic when
- •Reading drills
- •1. Practise the pronunciation of the following words:
- •Comments
- •Vocabulary exercises
- •I. Give the English equivalents for:
- •III. Insert the article the or a(n) :
- •IV. Complete the following sentences:
- •VI. Answer the following questions:
- •Reading drills
- •1. Practise the pronunciation of the following words:
- •Comments
- •Vocabulary exercises
- •I. Form adverbs from the following adjectives:
- •III. Fill in the blanks with prepositions or adverbs if necessary:
- •IV. Match each term in Column a with its definition in Column b:
- •V. Define which of the following items best completes the statement:
- •1. Demand curves
- •2. A typical demand curve
- •VII. Complete the following sentences:
- •VII. Change the sentences into the Passive Voice without leaving out
- •VIII. Change the sentences into the Passive Voice leaving out
- •IX. Use the Passive Voice according to the patterns:
- •X. Translate into English:
- •XI. Translate into Ukrainian:
- •XII. Open the brackets, using the correct form of the Active or Passive Voice:
- •XIII. Open the brackets, using the correct form in the Passive Voice:
- •XIV. Translate into English:
- •XV. Choose a suitable phrase to accompany the Passive
- •XVI. Insert the auxiliary or modal verb:
- •XVII. Translate into English:
- •The Passive Voice. Perfect Tenses
- •XVIII. Make the following sentences interrogative and negative:
- •XIX. Open the brackets, using the Passive Voice:
- •XX. Put the sentences into the Passive mentioning the agent where
- •XXI. Translate into Ukrainian:
- •XXVI. Translate into English:
- •XXXII. Translate into Ukrainian:
- •III. Insert the auxiliary or modal verb:
- •IV. Translate into English:
- •V. Add of if possible:
Comments
1. purchasing power — купівельна спроможність
2. demand curve — крива попиту
3. Giffen paradox — парадокс Гіффена
Vocabulary exercises
I. Form adverbs from the following adjectives:
actual, usual, final, normal, willing, economic, particular, mere, obvious, frequent, steep, inverse, careful, constant, large, relative, effective, according.
Fill in the blanks below with the most appropriate terms from
the list:
price; service; purchasing power; demand curve; demand; incomes; demand function; commodity.
1. Demand means the amount of a ________ or ________ that economic units are willing to buy at a given price. 2. Demand is not only influenced by ________ but also many other factors. 3. Effective demand is always supported by _________ and not merely the desire for a particular commodity or service. 4. The demand curve is the graphical representation of the _________ , i. e., of the relationship between price and ________ . 5. If the conditions that all other factors remain unchanged is relaxed and the ___________ of the demanders are allowed to change, then the whole ___________ will shift its position.
III. Fill in the blanks with prepositions or adverbs if necessary:
1. In economic theory, demand means the amount ... a commodity or service that economic units are willing to buy, or actually buy, ... a given price. 2. Demand is ... supported ... purchasing power, and not merely the desire ... a particular commodity or service. 3. Demand is not ... influenced ... price, but also ... many other factors, such as the incomes ... the demanders and the prices ... substitutes. 4. The demand curve is the graphical representation ... the demand function. 5. It normally slopes downwards ... left ... right, which means that more is bought ... low prices than ... higher prices.
IV. Match each term in Column a with its definition in Column b:
Column A Column B
1. demand |
a. Money value of a good or service. |
2. the Law of Demand |
b. The graphical representation of the demand function. |
3. consumer |
c. Explains how much a change in price affects the quantity demanded. |
4. price |
d. good or service whose consumption is seen as essential in order to maintain a minimum standard of living in a society. |
5. demand curve |
e. A consumer’s willingness and ability to buy a product or service at a particular time and place. |
6. demand elasticity |
f. Anyone who uses goods or services. |
7. purchasing power |
g. All else being equal, more items will be sold at a lower price than at a higher price. |
8. necessity
|
h. The value of a unit of money measured in terms of what it can buy. |
V. Define which of the following items best completes the statement:
1. Demand curves
a. show that consumers are willing to buy more at lower prices.
b. are the same for all goods and services.
c. match the price of a good with the amount supplied.
d. are statistical charts prepared by a government agency.