Английский для экономистов и менеджеров. Ульянова О.В - 36 стр.

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6 Complete the sentences.

1. A period in which spending falls and unemployment rises is called

_________ .

2. A stage during which people find job and begin to buy more products

and services is called ______________ .

3. ____________ is a period when employment is high and businesses turn

out goods and services as fast a they can.

4. ____________ is the point when business is bad and unemployment is

high.

7 Distribute the verbs by their meanings into two categories

Increase, decrease, go down, reduce, go up, fall, lower, rise, augment.

8 You are going to read the text about the law of demand and

supply. Before you read complete the definitions choosing a suitable

word.

Demand is the quantity of goods that consumers/producers are ready to

buy/sell.

Supply is the quantity of goods that consumers/producers are ready to

buy/sell.

9 Read the text and fill in the table with the information from of the

text.

Factors influencing the demand Factors influencing the supply