2015-05-14
298
Вопросы:
1. What elements does the business cycle consist of?
2. What are the peculiarities of peak time?
3. What firms cut back on their activities during recession?
4. What happens when recession reaches a bottom i.e. the trough of the cycle?
5. What does recovery result in?
Ответы:
а) increased employment, greater consumer spending, more intensive cash flow.
b) firms stop laying off workers and begin ordering more supplies.
c) peak, recession, trough, recovery.
d) higher wages, greater consumer spending, sufficient quantity of goods, setting up small businesses, high profits, giving loans to people.
e) business firms and their suppliers.
5. Закончите предложение, выбрав соответствующий вариант окончания:
| 1. Each phase in the cycle is characterized by… 2. All recessions sooner or later reach… 3. A peak period turns downward into… | a) …a bottom (i.e. the trough of the cycle). b) …a recession. c) …its own particularities. d) …ups and downs of an economic system. |
Контрольная работа №3.
