Английский для экономистов и менеджеров. Ульянова О.В - 34 стр.

UptoLike

Составители: 

G The role of government
Freedom of enterprise is not total in the market economy. Businesses are
subject to laws and government regulations. Economic environment is deter-
mined by the economic policies of the government, fiscal and monetary poli-
cies being the major factors.
G What does the underlined phrase mean in the text?
Businesses are regulated by government.
Government regulates businesses.
Businesses are independent from laws and government regulations.
Vocabulary
to stand for означать, обозначать
to exercise использовать, осуществлять
to respond (to) реагировать, отзываться
to dispose располагать, размещать
to levy облагать налогами
to yield приводить к чему-л.
to envisage рассматривать
to aggregate собирать в одно целое
3 Guess which feature of market economy each statement is about.
1 It is the dominating motive of economic activity.
2 It is the principle difference between market and command systems.
3 It is very limited.
4 It governs the process of distribution.
5 It makes prices lower.
4 Match 1-6 with a-f to make meaningful phrases. Use these phrases
to speak about market economy.
1) to have
2) to be free
3) to lead
4) to keep
5) to cause
6) to be subject
a) to maximum profits
b) prices close to costs
c) the right to own, control and dispose of real assets
d) to buy, hire, and sell
e) to laws and government regulations
f) changes in market prices
5 Read the text, give Russian names to the stages of business
cycles, do the tasks in italics.