Затверджено на засіданні кафедри

протокол № 1 від “29”серпня 2013 р.

Зав. кафедри __________ Друзь Ю.М. Викладач___________

Київський національний економічний університет

Кафедра іноземних мов факультету управління персоналом та маркетингу

Module 1

1St year

Variant 2

І. Write the appropriate key terms to the following definitions.

1. They provide the means for a society to produce and distribute its goods and services.

2. They represent income to workers who own their labour.

3. One factor of production whose quantity is determined outside the economy.

4. An entrepreneur brings them together when he starts a business.

5. These are intangible products.

6. It uses voluntary exchange in markets as the primary means of organizing and coordinating production.

7. The result of an inability to satisfy all of everyone`s wants.

8. A choice that involves giving up some of one thing to have more of another.

9. An arrangement that allows people to make exchanges with one another.

10. Buildings, tools, and machines people use to produce other goods and services.

II. Choose the correct variant - a, b, c or d - to complete the following sentences. Sometimes more than one letter may be correct answer.

1. Even though Sarah says she`s feeling better, I think she …… weight.

A still loses B still is losing C is still losing D does still lose

2. The Earth …… formed about 4500 million years ago.

A has been B was C is being D is

3. They……. such a lot since we last saw them.

A grew B have been growing C have grown D are growing

4. We ……….. in Newcastle for three years now and like it a lot.

A have lived B live C are living D have been living

5. Timson ……… 13 films and I think her latest is the best.

A makes B has made C has been making D made

6. The rubbish collectors ……… on Fridays in this area. They ……. rubbish not left in black plastic bags.

A have come, take B come, don`t take C are coming, don`t take D are coming, are taking

6. We …… on many people we never …… to produce goods and services we need.

A depend, meet B are depending, meet C depend, are meeting D have been depending, have been meeting

6. Although stores ……… with goods waiting to be sold, natural, human, and capital resources are scarce.

A have been brimming B brim C are brimming D brims

9. She ……. with the symphony orchestra three times this season.

A plays B is playing C has been playing D has played

10. The incidence of street crime ……. by 5% in the last two months.

A has risen B has been rising C has raised D is rising

ІII. Fill in the gaps with the appropriate form of the word in brackets. Sometimes more than one answer may be correct.

1. It`s the second time this year they …..(to increase) the prices on fuel.

2. Since I won the lottery, my telephone hasn`t stopped ringing. People….. to ask how I am going to spend the money. ( to phone).

3. Now that the rice ….( to cook) you ……. (chop up) the carrots and…. (to put) them in a dish.

4. When they agree with each other on so many important issues, I can`t understand why they ……. ( to disagree) on this relatively minor matter.

5. It`s a wonderful book. I …… every moment of it. ( to enjoy)

6. We`ll make a move as soon as the rain … (to stop).

7. …… the government …. (to put up) the minimum wage? Yes, it`s 8$ per hour now.

8. It`s the worst sports program I …. (to ever see).

9. It`s three months now that I …. (to learn) how to play tennis.

10. `Shall I phone at 6?` `No, we normally …….. dinner at that time` ( to cook)

ІV. Translate into English.

1. Вільний обмін товарів та послуг відбувається на ринку.

2. Дефіцит- це кількість наявних ресурсів відносно людських бажань.

3. Обмеженість ресурсів може змінюватись, якщо кількість ресурсів або людські бажання будуть зростати або зменшуватися.

4. Всі люди мають робити вибір стосовно того, як користуватися грошима, часом та іншими ресурсами.

5.Економісти вживають термін “альтернативна вартість” , щоб показати нам реальні можливості, від яких ми відмовляємось, коли робимо вибір.