Завдання
Economics.
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What do all societies have in common?
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What does the survival of any society depend on?
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What is an economic system?
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What are all societies faced with?
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What determines the type of economic system?
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What are the major kinds of economic systems?
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How are the main economic questions decided in society with a traditional economy?
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What is the role of individuals in a traditional economy?
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What is the main advantage of a traditional economy?
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What are the disadvantages of a traditional economy?
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What is a command economy?
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Who makes most of what, how and for whom decisions in a command society?
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What is the major advantage of a command economy?
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What disadvantages does the command economy have?
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What is a market economy?
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How are the basic economic questions answered in a market economy?
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What is the main incentive of a market economy?
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What advantages does a market economy have?
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Why are all economies considered as mixed?
Business organizations
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What is a business organization?
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What is the main purpose of a business organization?
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What are the major types of business organizations?
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What is a sole proprietorship?
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What are the advantages of a sole proprietorship?
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What are the disadvantages of a sole proprietorship?
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What is unlimited liability?
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What is a partnership?
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What forms of partnerships do you know?
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What is the difference between a general partnership and limited partnership?
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What are the advantages of a partnership?
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What disadvantages do partnerships have?
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What is a corporation?
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What is necessary to form a corporation?
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Who owns a corporation?
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What are the advantages of corporate form of ownership?
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What disadvantages do corporations have?
Market.
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What is a market in ancient time?
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What is a modern market?
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When is a market created?
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What kinds of markets do you know?
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How do different markets operate?
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What are the main features of a market?
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How do economists classify markets?
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What is a market structure defined by?
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What are the names of different market structures?
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What is pure competition?
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What is monopolistic competition?
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What separates monopolistic competition from pure competition?
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What is product differentiation?
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What is oligopoly?
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What is monopoly?
Demand.
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What is demand?
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What does the effective demand help to do?
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What does the law of demand state?
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How do prices affect the quantities demanded?
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What is elasticity of demand?
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When is demand elastic?
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When is demand inelastic?
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What factors is demand influenced by?
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What is a demand curve?
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What does the demand curve show?
Supply.
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What is supply?
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Whom do we call a supplier?
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What does the law of supply state?
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How much of a product will suppliers offer for sale at different prices?
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What factors is supply determined by?
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Why is it important for a business to analyze the costs?
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What categories are costs divided into?
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What does fixed cost mean?
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What is variable cost?
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What is total cost?
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What does marginal cost mean?
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What is a supply curve?
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What does the supply curve show?
Market price.
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What role do prices play in a market economy?
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What two important economic functions do prices perform?
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What characteristics do prices have in a market economy?
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Why is the price system flexible in a market economy?
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How do sellers and buyers use prices?
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Why do buyers and sellers have the opposite intentions and hopes?
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When does the adjustment process take place?
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What is market equilibrium?
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What messages do price increases and decreases send to suppliers and producers?
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What do economists describe as the rationing effect of prices?
Labour.
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What is necessary for any country to grow?
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What is labour in economic theory?
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What is the national labour force?
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What does the size of labour depend on?
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What are the factors affecting the wage rate?
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What are the major categories of labour?
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What kind of work do unskilled workers perform?
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What category do workers with mechanical ability fall into?
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What kind of work do semiskilled workers perform?
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What kind of work are skilled workers able to do?
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What is professional labour?
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What is a wage rate?
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How do supply and demand influence the wage rate?
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What does the employer receive instead of wages?
Money.
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What is money?
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How does money function?
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What is money as a medium of exchange?
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What does money express as a measure of value?
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How does money function as a store of value?
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What forms of money are in use in the world today?
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What does the term currency refer to?
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What is the difference between coin and currency?
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What are the most important characteristics of modern money?
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Why does the value of modern money change in value?
Taxation
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What is the principal purpose of taxation?
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What are the principles of taxation?
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What do the principles of taxation state?
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How are most taxes be classified?
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What are the features of proportional, progressive and regressive taxes?
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What is a sales tax?
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What is the main source of government revenue?
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Who is a tax assessor?
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Who pays taxes?
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What are the criteria of taxation?
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Why must government have criteria and standards when it comes about taxes?
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What do people think of taxes?
Banking
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What are banks?
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How do banks act?
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What needs do banks fulfill in a community?
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Why does every country need a central financial institution?
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What are Central Banks responsible for?
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What are banks liabilities and assets?
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What is the difference between assets and liabilities?
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What does the term "liquidity" mean?
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How do banks receive money from their customers?
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In what way does the bank attract customers?
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In what way can the bank make more profits?
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What is net worth?
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What does "balance sheet" mean?
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Why would the bonds be a good investment?
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How might the bank use its excess funds?
Речення на переклад:
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США мають розвинуту економіку, яка ґрунтується на вільному підприємництві.
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Виживання суспільства залежить від того, чи спроможне воно забезпечувати своїх
людей їжею, одягом та житлом.
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Ринок виникає, коли люди, які готові продати товар вступають у контакт з тими,
хто готовий купити цей товар.
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Регресивний податок – це податок, який накладає вищу проценту ставку
оподаткування на нижчий прибуток.
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Банки можуть використовувати надмірні фонди, щоб купляти державні або місцеві
облігації.