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Chapter 8 measuring economic performance and growth
Key terms – matching and translation.
Read aloud the key term and its definition so that they make up a single sentence. (Remember about the agreement between the subject and the predicate!). Translate the sentences you have arrived at from English into Russian.
Set 1
1 exports |
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Set 2
1 net private domestic investment |
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2 value-added |
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3 personal income |
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4 capital consumption allowance |
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5 retained earnings |
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6 government purchases |
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7 net exports |
g) w + i + r + П |
8 personal taxes |
h) Plus transfer payments equals government outlays. |
9 income approach |
i) Subtracted from Personal Income to calculate Disposable Personal Income |
10 expenditure approach |
j) Known by accountants as depreciation. |
Text translation.
Translate the text from English into Russian in writing paying particular attention to the translation of the economic terms in bold as well as words and phrases relevant to the subject of the text. Read out your translation in class and introduce the necessary corrections.