2018-01-08
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1. What is characteristic of any society?
2. How can economic resources be classified?
3. What is the most efficient economic system? Why?
4. How does the market operate?
5. What is the price determined by?
6. What role the price mechanism play in free – market economy?
7. Why is competition an important force of the market?
8. What determines the economic environment?
Соотнесите слова и их значения.
| a.scarcity b.law of demand c.law of supply d.economic system e.price f.market g.distribution h.free market | 1.The demand for a particular product or service 2. A lack of something that can be used to satisfy all wants 3. A principle stating that producers will supply more of an item at a higher price than at a lower price 4. In economics, the allocation of resources among question in economics since earliest times 5. A principle stating that consumers will generally buy less of an item of a higher price than at a lower. 6. A market that is free from government interference prices rising and falling in accordance with supply and demand. 7. The amount of money given or ached for when goods or services are bought or sold. 8. A way of producing goods and services and of providing a means for people to get them |
Определите верное или неверное утверждение.
1. All businesses produce goods and service and seek profits.
2. Economic machines always run smoothly.
3. The price are determined through the interaction of demand and supply.
4. Only Britain operates a mixed system splitting the economy into public and private sectors.
5. The natural monopolies are transport, gas, electricity, and water supply.
6. The State doesn’t regulate business and economy.
7. The value of all goods and services produced in the economy measured by gross domestic product (GDP)
8. Interaction of consumers, producers and the government constitutes economic activity.
Тема № 2 Microeconomics
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