VII. Дайте письменные ответы на следующие вопросы к тексту:

1. What fields of economics did M. Friedman contribute to?

2. What books reflect Friedman’s monetarist ideas most fully?

3. Did Friedman’s philosophy influence the economic policy of the US government?

Вариант 3.

I. Составьте предложения, используя данные слова, переведите предложения на русский язык.

1. business / play / important / an / communications / managing /role / effective / in / successful / a /.

2. the / ways / economists / all / agree / the / to improve / don’t / on /

economy /.

3. that / nation’s / a / realized / goods /depended / Smith / on / to produce / ability / wealth / its /.

4. going / years / how / business / to change / is / next / during / the / thirty /?

5. the / can / information / is / only / thing / that / not / change / technology / business /.

II. Перепишите предложения, подчеркните глаголы to be и to have, определите их функцию и переведите предложения на русский язык.

1. All of our daily microeconomic decisions have an effect on the wider world around us.

2. Early economic thought was all about the meaning of wealth or being rich.

3. Adam Smith is often called the Father of Modern Economics, although the science was called political economy then.

4. Economists are always disagreeing with each other, but the law of demand is the only thing they all agree on.

5. Marks & Spencer, Britain’s largest retailer, has been international for several years – many European cities have a local M&S store.

III. Перепишите предложения, поставьте глаголы, данные в скобках, в Present, Past или Future Simple активного залога и переведите предложения на русский язык.

1. IKEA (to open) its first store in Sweden in1958.

2. By 2030, half of the people in the USA (to be) fifty or older; many of them

(to stop) working and have more free time.

3. In 2009 73% of Canada’s exports (to go) to the United States, and 63% of Canada’s imports (to be) from the United States.

4. Many people think that the WTO (to make) trade more difficult for small companies.

5. During the Great Depression countries (not to want) to work together – they (to be) only interested in their own economies.

IV. Перепишите предложения, поставьте прилагательные, данные в скобках, в положительную, сравнительную или превосходную форму, переведите предложения на русский язык.

1. An economy has absolute advantage when it can produce goods at a (low) cost than other economies.

2. Exports of primary goods do not earn as (much) money as the products that developed countries export.

3. The IT market is one of (dynamic) sectors of the Russian economy.

4. When the value of a currency falls, a nation’s products and services become (cheap) for customers from other countries.

5. People get loans from banks for all sorts of reasons, but (big) loan most people take out is to buy a house.

V. Перепишите предложения, подчеркните модальные глаголы и их эквиваленты, переведите предложения на русский язык.

1. If you borrow money from a bank, you have to pay it back with an extra charge.

2. When the government puts a ban on a commodity, people are not allowed to buy or own it.

3. In a market with perfect competition, there must be many small companies competing and their products or services must be the same.

4. The company will not be able to push up its prices for very long.

5. In a planned economy, the government could decide to stop fast food restaurants operating in the market.