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Для удобства пользуемся Ctrl + F, и вводим первое или первые два слова для быстрого поиска по документу. Правильными ответами являются ответы, помеченные «+» mazepa////© 2013



Для удобства пользуемся Ctrl + F, и вводим первое или первые два слова для быстрого поиска по документу. Правильными ответами являются ответы, помеченные «+» mazepa////© 2013

 

Insert the necessary prepositions by choosing the best option.

Higher returns …capital employed provide a greater source … internal funds.

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of, in

 

 

on, of+

 

 

on, in

 

 

 

Insert all the necessary prepositions. Choose the best option.

The resources are available … the residents of a country.

Не правильно

0 / 2

to+

 

 

for

 

 

with

 

 

 

Insert the necessary prepositions by choosing the best option.

Real economic growth transmits itself …greater demand …goods and services.

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into, of

 

 

into, for+

 

 

to, for

 

 

 

Insert the necessary prepositions by choosing the best option.

… holding prices constant … base-year levels, real GDP reflects only the quantities produced

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With, on

 

 

By, at+

 

 

By, to

 

 

Insert all the necessary prepositions. Choose the best option.

GDP includes all items produced... the economy and sold legally... markets.

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in; in+

 

 

on; at

 

 

in; inside

 

 

Insert the necessary prepositions by choosing the best option.

Economic growth is highly desirable … the business community as it generates many opportunities … firms and has a positive impact … national economy.

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for, for, on+

 

 

to, for, in

 

 

for, to, for

 

 

Insert all the necessary prepositions. Choose the best option.

The total amount of goods and services, or the total amount of income earned, or the total amount of expenditure undertaken, all tell us something about the overall performance of the economy … providing resources …the members of the society.

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in, for+

 

 

at, to

 

 

-, with

 

 

Insert the necessary prepositions by choosing the best option.

Economic growth is defined …a real increase …the gross domestic product (GDP) …a country.

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like; of; of

 

 

as; in; by

 

 

as; in; of+

 

 

One of the underlined word collocations contains a mistake. Trace the mistaken option and mark it with a tick.

(A) If money is converted into (B) goods or services, it is investment; but, (C) if youbuy a bond or a share of stock, this transfer payment (D) excludes from the GDP sum.

Не правильно

0 / 2

a

 

 

b

 

 

c

 

 

d+

 

 

 

 

One of the underlined word collocations contains a mistake. Trace the mistaken option and mark it with a tick.

(A) GDP captures (B) amount a country produces, including goods and services (C) produced for (D) other nations’ consumption.

Не правильно

0 / 2

a

 

 

b+

 

 

c

 

 

d

 

 

One of the underlined word collocations contains a mistake. Trace the mistaken option and mark it with a tick.

Critics of using GDP (A) as an economic measure say the statistic does not (B) take intoaccount the underground economy-transactions that, for whatever reason, (C) are not reporting to (D) the government.

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a

 

 

b

 

 

c+

 

 

d

 

 

Match the following statement as true or false.

GDP is commonly used as an indicator of the economic health of a country, as well as to gauge a country's standard of living.

Правильно



1 / 1

true+

 

 

false

 

 

Match the following statement as true or false.

GDP is not intended to gauge material well-being, but serves as a measure of a nation's productivity.

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false

 

 

true+

 

 

Match the following statement as true or false.

GDP focuses on where the output is produced rather than who produced it.

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true+

 

 

false

 

 

 

Match the following statement as true or false.

Personal incomeis the total income earned by a nation's residents in the production of goods and services.

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false+

 

 

true

 

 

Match the following statement as true or false.

Economists do not distinguish between nominal GDP and real GDP.

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true

 

 

false+

 

 

Match the following statement as true or false.

GDP includes all of private and public consumption, government outlays, investments and exports less imports that occur within a defined territory.

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true+

 

 

false

 

 

Match the following statement as true or false.

GDP excludes intangible services.

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true

 

 

false+

 

 

Match the following statement as true or false.

National incomeis the income that households and non-corporate businesses receive.

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true

 

 

false+

 

 

Choose the best synonym for the following:

income

Не правильно

0 / 2

salary

 

 

profit

 

 

earnings+

 

 

 

 

Choose the best synonym for the following:

adjustment

Правильно

2 / 2

regulation+

 

 

exchange

 

 

deviation

 

 

 

Choose the best synonym for the following:

economic growth

Правильно

2 / 2

recovery

 

 

expansion+

 

 

economic downturn

 

 

Choose the best synonym for the following:

negative growth

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very slow economic growth

 

 

economic downturn+

 

 

boom

 

 

Choose the best synonym for the following:

intermediate

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coming between two things+

 

 

final

 

 

initial

 

 

Choose the best synonym for the following:

base year

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0 / 2

current year

 

 

basal year+

 

 

previous year

 

 

Choose the best synonym for the following:

to intervene

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to interfere +

 

 

to mix

 

 

to force

 

 

 

Choose the best synonym for the following:

to adjust

Не правильно

0 / 2

to adapt+

 

 

to change

 

 

to increase

 

 

 

 

Choose the best option:

GDP includes all items produced in the economy and sold … in markets.

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illegally

 

 

legally+

 

 

illicitly

 

 

Choose the best option:

Adding the market value of the intermediate goods to the market value of the final goods would be….

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double counting+

 

 

double calculation

 

 

double computation

 

 

Choose the best option:

GDP … goods and services currently produced.

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excludes

 

 

includes+

 

 

eliminates

 

 

 

Choose the best option:

GDP includes the market value of the goods produced domestically, … of the nationality of the producer.

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regardless+

 

 

inspite

 

 

because

 

 

Choose the best option:

GDP deflator reflects the … of goods and services produced.

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costs

 

 

prices+

 

 

quantities

 

 

 

Choose the best option:

…is the total income earned by a nation's permanent residents (called nationals).

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Gross domestic product (GDP)

 

 

Net national product (NNP)

 

 

Gross national product (GNP)+

 

 

 

Choose the best option:

National income differs from net national product by excluding….

Не правильно

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indirect business taxes+

 

 

business subsidies

 

 

direct business taxes

 

 

Choose the best option:

… incomeequals personal income minus personal taxes and certain nontax payments (such as traffic tickets).

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Disposable personal+

 

 

Personal

 

 

National

 

 

Choose the best option:

Inflation risks …

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are a negative impact of economic growth+

 

 

are a positive impact of economic growth

 

 

are not concerned with economic growth.

 

 

 

 

Choose the best option:

In the period of economic growth investor confidence is likely…

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to improve+

 

 

to go down

 

 

to remain the same

 

 

 

 

Choose the best option:

Rising shareholders’ and high banking confidence ….

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is a positive impact of economic growth+

 

 

is a negative impact of economic growth

 

 

do not depend on economic growth

 

 

Choose the best option:

… economic growth is the environment most favorable for profitability and growth objectives.

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Strong +

 

 

Negative

 

 

Slight

 

 

Copy (Ctrl +C, Ctrl+V) the correct variant from the table and place it on the line.

a) boundary b) inflation rate c) borrowing d) inflation premiums e) cost-push inflation f) demand-pull inflation g) fixed h) price stability i) aggregate demand+++++ j) purchasing power

Demand-pull inflation occurs when... … in the economy increases faster than the economy's productive capacity.

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Copy (Ctrl +C, Ctrl+V) the correct variant from the table and place it on the line.

a) boundary b) inflation rate+++ c) borrowing d) inflation premiums e) cost-push inflation f) demand-pull inflation g) fixed h) price stability i) aggregate demand j) purchasing power

The...... is the percentage change in the price level.

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Copy (Ctrl +C, Ctrl+V) the correct variant from the table and place it on the line.

a) boundary b) inflation rate c) borrowing d) inflation premiums e) cost - push inflation f) demand - pull inflation g) fixed h) price stability i) aggregate demand j) purchasing power++++

Inflation is a situation in which a decline in....... of money results in a rise of the general price level.

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Copy (Ctrl +C, Ctrl+V) the correct variant from the table and place it on the line.

a) boundary b) inflation rate c) borrowing d) inflation premiums

e) cost-push inflation ++++ f) demand-pull inflation g) fixed h) price stability i) aggregate demand j) purchasing power

One source of... … is supply shocks.

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Copy (Ctrl +C, Ctrl+V) the correct variant from the table and place it on the line.

a) boundary b) inflation rate c) borrowing d) inflation premiums e) cost-push inflation f) demand-pull inflation g) fixed+++ h) Price stability i) aggregate demand j) purchasing power

Inflation hurts people living on... money incomes.

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2 / 2

 

 

 

Copy (Ctrl +C, Ctrl+V) the correct variant from the table and place it on the line.

a) boundary+++ b) inflation rate c) borrowing d) inflation premiums e) cost-push inflation f) demand-pull inflation g) fixed h) price stability i) aggregate demand j) purchasing power

The... between inflation and deflation is price stability

Правильно

2 / 2

 

 

 

Copy (Ctrl +C, Ctrl+V) the correct variant from the table and place it on the line.

a) boundary b) inflation rate c) borrowing +++ d) inflation premiums e) cost - push inflation f) demand-pull inflation g) fixed h) price stability i) aggregate demand j) purchasing power

Expansion of government spending financed by... from the banking system.

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Copy (Ctrl +C, Ctrl+V) the correct variant from the table and place it on the line.

a) boundary b) inflation rate c) borrowing d) inflation premiums e) cost-push inflation f) demand-pull inflation g) fixed h) Price stability+++ i) aggregate demand j) purchasing power

... … occurs when the average level of prices is moving neither up nor down.

Правильно

 

 

Choose the best option:

For most countries, including the United States, domestic residents are responsible… most domestic production, so GDP and GNP are quite close.

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for +

on

about

 

 

Match the following statement as true or false.

Nominal GDP is the value of all final goods produced during a given time period based on the prices existing in a selected base year.

true

false+

Choose the best synonym for the following:

measure

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size+

 

 

indicator

 

 

gauge

 

 

 

Copy (Ctrl +C, Ctrl+V) the correct variant from the table and place it on the line.

a) boundary b) inflation rate c) borrowing d) inflation premiums+++ e) cost-push inflation f) demand-pull inflation g) fixed h) price stability i) aggregate demand j) purchasing power

 

If inflation is correctly anticipated, contracts can be negotiated to include... ….

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Copy (Ctrl +C, Ctrl+V) the correct variant from the table and place it on the line.

a) boundary b) inflation rate c) borrowing d) inflation premiums e) cost-push inflation f) demand-pull inflation+++ g) fixed h) price stability i) aggregate demand j) purchasing power

... … is often expressed as "too much money chasing too few goods".

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Match the following statement as true or false.

GDP is usually calculated on an annual basis.

true+

false

 


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