I. Перекласти текст з англійської мови на рідну.

Economists study different sides of the economy in different ways, they may show how one product market operates, or the way one group of the consumers de­cides how to spend money. Microeconomics is the part of economics that analyses specific data affecting an economy. Macroeconomics is the branch of economics that analyses interrelationships among sectors of the economy.

Macroeconomists use various methods to measure the performance of the economy. Statistics measures gross national product, or GNP, which is the value of all goods and services produced for sale during one year. All the goods and serv­ices produced must be counted, and their value (e.g. in dollars and cents) deter­mined. For example, every new car and haircut must be included. If a farmer pro­duces 1,000 bushels of apples worth $10 per bushel, that farmer would add $ 10,000 to the year's GNP.

In the United States the Department of Commerce computes GNP. Information is collected for every good or service produced in the nation during a year, but not everything is counted. Three factors limit the types of products counted.

First, only goods and services produced during a specific year are counted. Second, not every good or service produced or sold during the year can be counted.

Economists count a product or a service only in its final form. Third, GNP includes only goods sold for the first time. When goods are resold or transferred, no wealth is created.

II.Вiдповiсти на запитання за змiстом тексту.

1. How do economists study different sides of the economy?

2. What is microeconomics?

3. What is macroeconomics?

4. What factors limit the types of products counted? Name them.

5. Economists count a product or a service only in its final form, don`t they?