1. The science of economics …… business, production, trade, inflation, etc.
a. study b. studies c. studed d. studied
2. Economic resources include material and non-material …… .
a. things b. thing c. thung d. thinges
3. Economists test theories …… empirical evidence .
a. using b. use c. used d. uses
2. Работа с текстом.
The Role of Market (Роль рынка)
Reports in the press tend to say "the market did this" or "the market expected good news on the economic front", as if the market were a single living entity with a single conscious mind. This is not, of course, the case. To understand reports of market behaviour you have to bear in mind the way the market works.
Assignments
1. Suggest the Russian equivalents
a single living entity with a single conscious mind; a shorthand expression; to be reconciled by adjustment of smth; a suitable part-time job; to offer high wages; to guide smb's decision; to cover the cost of smth.
2. Fill in the gaps with the words and expressions from the text.
1. To understand reports of market behaviour you have to …… the way the market works.
2. On the stock market, business can be transacted over the telephone, almost by ...... .