- •U n I t 12
- •Reading drills
- •1. Practise the pronunciation of the following words:
- •Comments
- •Vocabulary exercises
- •I. Give the verbs from which the following nouns are derived:
- •II. Find equvalents:
- •III. Memorize the following word-combinations.
- •IV. Translate the sentences paying attention to the italicized words:
- •V. Fill in the blanks with prepositions or adverbs if necessary:
- •VI. Match each term in Column a with its definition in Column b:
- •1. «Prices act as signals to the market.» This means that
- •Comments
- •Vocabulary exercises
- •I. Find in the text the terms corresponding to the definitions:
- •II. Say whether these statements are true or false and if they are
- •III. Change the sentences according to the pattern:
- •IV. Make the following sentences passive:
- •V. Answer the following questions:
- •Reading drills
- •1. Practise the pronunciation of the following words:
- •Comments
- •Vocabulary exercises
- •I. Give the Ukrainian equivalents for the following words and
- •II. Give the corresponding nouns to the following verbs:
- •IV. Say whether these statements are true or false and if they are
- •V. Define which of the following items best completes the statement:
- •VI. Complete the following sentences:
- •VII. Answer the following questions:
- •VIII. Replace the Ukrainian words and phrases by suitable English
- •Communicative situations
- •IV. Choose the proper form of the Infinitive in brackets:
- •V. Define the form of the Infinitive:
- •VI. Translate into English:
- •VII. Complete the following sentences using the Infinitive
- •VIII. Define the function of the Infinitive:
- •IX. Translate the sentences into English using the Infinitive
- •The Prepositional Infinitive Complex
- •X. Make sentences using the «for-phrases» with Infinitives:
- •XI. Change the sentences according to the Pattern:
- •XII. State the function of the Prepositional Infinitive Complex:
- •XIII. Translate into Ukrainian paying attention to the Prepositional
- •Infinitive Complex:
- •XIV. Complete the sentences in your own way:
- •XV. Translate into English:
- •Exercises for individual work
- •I. Choose the proper form of the Infinitive:
- •II. Paraphrase the sentences using «for-phrases» with Infinitives:
- •III. Combine the two sentences using «for-phrases» with Infinitives:
- •IV. Translate into English:
III. Memorize the following word-combinations.
Use them in the sentences of your own:
at a price /at a high cost — за високою ціною
contract price — договірна ціна
cost price — собівартість
free-market price — ціна за умов вільної конкуренції
price control — контроль над цінами
price level — рівень цін
prices and incomes policy — політика цін і доходів
pricing — калькуляція цін
purchase price — купівельна ціна
retail/wholesale price — роздрібна/оптова ціна
security price — курс цінних паперів
share/stock prices — курс акцій, біржовий курс
to keep the prices down — не допускати підвищення цін
to set/fix a price — призначати ціну
IV. Translate the sentences paying attention to the italicized words:
1. He sold the house at a good price. 2. It must be done at any price. 3. You can’t put a price on that sort of loyalty. 4. This restaurant is a bit pricey for me. 5. The government usually sets prices for public utility services. 6. Ask the builder to give you a price for the work. 7. I can’t afford it at that price. 8. Fresh strawberries are now available at a price. 9. The price of cigarettes is set to rise again. 10. These goods are priced too high. 11. What price all your promises now? 12. You look absolutaly priceless in that hat. 13. Supply and demand determine prices in a market economy. 14. In a free market price is determined by the market forces of demand and supply.
V. Fill in the blanks with prepositions or adverbs if necessary:
1. Prices play an important role ... all economic markets. 2. Prices act as signals ... a market economy. 3. A high price is a signal ... producers to produce ... and ... buyers to buy ... . 4. Prices serve as a link ... producers and consumers. 5. Prices favour neither ... the producer nor ... consumer. 6. Prices come ... as a result ... competition ... buyers and sellers. 7. The price system ... a market economy is flexible. 8. Unforseen events can affect ... the prices ... some ... items. 9. The sellers come ... the market hoping ... high prices. 10. Market equilibrium is a situation where prices are stable and there is neither ... a surplus nor a shortage ... the market.
VI. Match each term in Column a with its definition in Column b:
Column A Column B
1. free enterprise |
a. Money value of a good or service. |
2. price system |
b. A situation where the quantity demanded is greater than the quantity supplied. |
3. shortage
|
c. An economic system based on the private ownership of property, competition and the profit motive. |
4. market price |
d. Economic system in which resources are allocated as a result of the forces of supply and demand. |
5. surplus |
e. A consumer’s willingness and ability to buy a product or service at a particular time and place. |
6. purchasing power |
f. The price of a good or service at which the quantity demanded matches the quantity supplied. |
7. price |
g. A situation where the quantity supplied is greater than the quantity demanded. |
8. market equilibrium |
h. A situation where prices are relatively stable and there is neither a surplus nor shortage in the market. |
Define which of the following items best completes
the statement: