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    1. A) Open the brackets, using Present Simple, Present Continuous, Present Perfect or Present Perfect Continuous:

      1. Peter (to write) letters now. He (to write) since seven o’clock. He (not to finish) writing yet.

      2. What they (to do) now? – They (to discuss) a very important problem. They (to discuss) it for two hours; but they (not to reach) the agreement yet.

      3. I never (to suppose) that he can cook. He (to be) in the kitchen now. He (to cook) for an hour and he already (to prepare) some tasty dishes.

      4. The weather (to be) fine today. There (to be) no clouds in the sky, the warm wind (to blow). The sun (to shine) since early morning.

      5. Where (to be) the students? – They (to be) in the garden now. They (to plant) and (to water) the trees. They already (to plant) twenty trees.

    1. Translate into English:

  1. Ми говорили про методи, які використовують для вимірювання економічної діяльності.

  2. Звернув увагу не це питання, ми збагнули, як це важливо.

  3. Вже два роки ми ведемо справи з тією компанією та сподіваємось, що наші ділові стосунки будуть розвиватися із року в рік.

  4. Я не знаю, чому вони вирішили відкласти це питання до наступного тижня, замість того щоб обговорити його тут.

  5. Секретар продовжувала продивлятися всі папери, шукаючи необхідний документ.

    1. Is it easy to find a well-paid job? Are you optimistic or pessimistic about your own future? term II

Variant IV

  1. Match the terms in column a with the definitions in column b:

A

B

  1. inflation

a) Demand for goods and services exceeds the supply, causing buyers to bid up the prices for such goods and services.

  1. cost-push inflation

b) Inflation, i.e. rising prices, which seem to be primarily related to increases in the costs of business inputs.

  1. demand-pull inflation

c) Inflation at extremely high rates (say, 1000, 1 million, or even 1 billion per cent a year).

  1. galloping or hyper-inflation

d) The steady decline in value of the currency unit evidenced by generally increasing prices.

  1. creeping inflation

Inflation with a fairly stable rate from year to year averaging less then 5%.

    1. A) Replace the underlined words by synonyms

        • firms face increasing costs;

        • owing to;

        • broad reasons;

        • to identify the reason for this;

        • business may be hit by a reduction in sales.

b) Give the antonyms of the following words:

        • profit;

        • to succeed;

        • to borrow;

        • to employ;

        • low prices.

  1. Give English equivalents of the following expressions and make up sentences of your own.

погіршуватися, показник, відмінності в національних доходах, ринковий попит, дефіцит.