Fill in the blanks with one of the appropriate words.

economy

economics

economies

Economic

economical

1. Chinese [_____________] growth has slowed, and there are growing fears that it could face a “hard landing”.

2. The most [____________] and carbon-friendly way to travel to Boston from New York is by train.

3. But the big question is whether these same [_____________] would apply in a world one hundred times richer than we are right now.

4. They have for many centuries been the highway of commerce, and afford a cheap and [_____________] means of transport.

5. "Destroying a rainforest for [_____________] gain is like burning a Renaissance painting to cook a meal."

6. Japan's [_____________] has dodged a recession after it grew faster than expected in the first three months of the year.

7. While the short-term performance of emerging [___________] has been abysmal, the longer-term returns tell a very different story.

8. Analysts remain concerned about the outlook for consumer spending, which accounts for about 60% of [___________] growth.

9. The most important general work published in English is Marshall's Principles of [______________].

10. Despite the [____________] crisis, Germany has grown, created more jobs, and reduced its national debt.

11. Other than aesthetics and [_____________], she had little idea what kind of vehicle she wanted.

12. In the following year he was introduced to political [___________] and studied Adam Smith and Ricardo with his father.

13. The Global Brand enables organizations to take advantage of [___________] of scale with regard to marketing investments.

14. Gross domestic product in the world's third-largest [__________] grew at an annualized pace of 1.7%.

15. It is easy to understand, therefore, why we trace the beginnings of [__________], so far as England is concerned, in the 16th century, and why the application of strict scientific tests in this subject of human study has become possible only in comparatively recent times.

16. Japan's [____________] had shrunk in the final three months of 2015, so the expansion in the first quarter meant it avoided falling into recession - usually defined as two successive quarters of contraction.

 

Exercise № 12

output – 1) выпуск, продукция 2) объем производства, добычи 3) выработка, мощность, производительность

A. Translate the following word combinations into Russian.

annual output; industrial output; national output; daily output; gross output; manufacturing output; milk output; factory output; oil output; world output; economic output; farm output.

 

B. Translate the following sentences into Russian.

1. British manufacturing output showed a small increase in September.

2. Philippine farm output this year will grow by as much as 5 percent on back of a sharp rise in rice production.

3. The economic output of all countries in the EU has increased considerably during the last three decades.

4. Many analysts think Iran could double its oil output to nearly 7 million barrels per day.

5. A good monsoon, stable cattle-feed cost and better price to farmers will increase domestic milk output by six-seven per cent and ensure stable prices to consumers.

6. New figures released by the Central Statistics Office show that Ireland’s economic output decreased in the last quarter of 2011 – putting Ireland back into a recession.

7. Based on the World Steel Association data, in June this year the crude steel output of 62 countries surveyed across the globe reached 127.9 million tonnes increasing by 0.1% YoY basis (year-on-year) and down 2.04% compared to May this year.

8. The Northern Bank is predicting economic output will remain largely flat this year.

9. Output per worker rises when the workers are more skilled and work with greater intensity, it also rises when they are given better equipment, more efficient plant-layouts, and better materials.

10. China's annual output of shale gas will skyrocket from near zero now to 6.5 billion cubic meters in 2015 and at least 10 times that by 2020, the government said in a development plan Friday.

Exercise № 13

rate - 1) размер, норма; 2) ставка, тариф; 3) курс; 4) темп, скорость;5) коэффициент, показатель, степень; 6) разряд, сорт, класс.

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