Английский язык: Сборник текстов и упражнений. Бодргина Л.И - 14 стр.

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the UK economy;
the Scottish economy.
IV. Translate these sentences into Russian.
What is meant by “the economy”?
What is an economy?
What happens in an economy?
How does an economy work?
V. Complete the sentences by using the words from the text.
The economy is a social ______ which answers these three questions.
The economy means a system for the _______ of the money, goods and other
resources of_____.
Profit
It is essential to distinguish a few different concepts of “profit”.
“Profit” in everyday life means advantage or good obtained from something.
Besides it can mean money gained in business.
“Profit” for an accountant means simply the difference between total receipts
and total costs.
For the economist “profit” has a much wider meaning. It is the revenue de-
rived from the use of resources minus the opportunity cost of using those re-
sources. The economist attaches a cost to the use of retained earnings, since they
could have yielded revenues if used outside the business.
Besides the economist would value the time of ownermanagers in accordance
with what they could have earned outside the business.
Vocabulary
revenue доход
opportunity cost оптимальные издержки/издержки
it is essential to do smth. необходимо сделать что-либо
to distinguish различать, выделять, отличать
concept понятие, идея, концепция
to obtain получать
accountant бухгалтер
receipts денежные поступления, выручка,
приход, доход(ы)
costs расходы, стоимость, себестоимость
wide широкий
to derive получать, извлекать
to attach прилагать, относить
to retain удерживать
retained earnings нераспределенная прибыль
Since так как
     – the UK economy;
     – the Scottish economy.

     IV. Translate these sentences into Russian.
     What is meant by “the economy”?
     What is an economy?
     What happens in an economy?
     How does an economy work?

     V. Complete the sentences by using the words from the text.
     The economy is a social ______ which answers these three questions.
     The economy means a system for the _______ of the money, goods and other
resources of_____.

                                         Profit
     It is essential to distinguish a few different concepts of “profit”.
     “Profit” in everyday life means advantage or good obtained from something.
Besides it can mean money gained in business.
     “Profit” for an accountant means simply the difference between total receipts
and total costs.
     For the economist “profit” has a much wider meaning. It is the revenue de-
rived from the use of resources minus the opportunity cost of using those re-
sources. The economist attaches a cost to the use of retained earnings, since they
could have yielded revenues if used outside the business.
     Besides the economist would value the time of ownermanagers in accordance
with what they could have earned outside the business.

                                   Vocabulary

revenue                                   доход
opportunity cost                          оптимальные издержки/издержки
it is essential to do smth.               необходимо сделать что-либо
to distinguish                            различать, выделять, отличать
concept                                   понятие, идея, концепция
to obtain                                 получать
accountant                                бухгалтер
receipts                                  денежные поступления, выручка,
                                          приход, доход(ы)
costs                                     расходы, стоимость, себестоимость
wide                                      широкий
to derive                                 получать, извлекать
to attach                                 прилагать, относить
to retain                                 удерживать
retained earnings                         нераспределенная прибыль
Since                                     так как

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