A) employees b) drought c) commodity d) benefits e) corporation

F) transactions g) skills h) deficit i) famine.

1. The village has been hit by a devastating………..

2. Some companies want retired people with ……….to return to work.

3. There were reports of refugees dying of ………...

4. One big ……… that Saudi Arabia exports is oil.

5. In foreign trade ……….… various models of payment are practiced.

6. If a country buys more than it sells, it will have a ……...

7. A ………… is owned by persons, called stockholders.

8. Many ……..… have a five- day working week.

9. ……….are money that the government gives to people who need help.

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II. Match (1-9) with (a-i) to make up sentences:

1. Economic Growth often creates the best opportunities for those 2. Unemployment is a major cause of poverty 3. With increased tax revenues the government can spend more 4.Microeconomics is a bridge 5. The aim of studying macroeconomics is 6. Money has many advantages 7. Business cycles are the patterns 8. In the beginning of the industrial revolution, 9. Most of the Aboriginal peoples of central Canada

a) on important public services. b) lived by hunting and gathering. c) who are highly skilled and educated. d) higher growth led to people working lower hours. e) because the unemployed have little income. f) of expansions & contractions in the economy. g) over the barter system. h) to understand how an economy works. i) between the businesses and the end consumers.

 

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III. Match each of the words on the left with an appropriate explanation on the right.

1. obliged a) unchanging

2. constant b) has to

3. willing c) important or worth money

4. static d) prepared to do

5. valuable e) immobile, not moving

6. vertical f) at a slow, unchanging rate

7. socialist g) going straight up and down

8. standard h) something aiming to share wealth

equally

9. predictable i) something you know will happen

10.steady j) usual or typical

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IV. Complete the sentences (1-10) with the most suitable preposition (a-j):a)in b)for c) above d) at e)on f)to g)for h)on i)from j)of.

1. For a company, the demand comes_______ consumers.

2. May I congratulate you_______ your success.

3. The secretary will book him ________a later flight.
4. Don't jump________ conclusions!

5. Higher productivity makes possible a higher standard ________living

6. We are more polite to people who are _________us in the company`s hierarchy.

7. Avoiding bad manners _________work is a simple thing to do.

8. He travelled to Japan ________2001. 9. They haven`t been very successful _________the past ten days.

10. Each person has responsibility _______a specific area of work.

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V. КОПРы: Simple, Continuous (Progressive), Perfect. Complete the sentences (1-6) with the appropriate forms of the verbs (a-f): a) starts b) are becoming c) have reduced d) reduced e) will accept f) have you been working.

1. I thought about your proposal, and I think we___________ it.

2. Quality and value for money _________more important.

3. The conference __________at 9:30.

4. Some food producers_________ their range of products.

5. Our competitors __________ their prices in October.

6. How long _____________in sales?

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VI. Make the adjectives or adverbs in the box comparative. Then complete the sentences.

a) little b) large c) high

1.Shoppers will buy ……. quantities when there is a special price.

2……… oil prices meant that spending on petrol for cars increased last year.

3. When worker productivity falls, companies will pay ……… for labour.

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