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Words and word combinations you may need. branchn — отрасль экономики fiscal policy- бюджетно-налоговая
branch n — отрасль экономики fiscal policy - бюджетно-налоговая политика monetary policy — кредитно-денежная политика Supply n - предложение supply of money and credit — денежная масса в обращении и предложение кредитных средств primary sector — первичный сектор deal with - иметь дело с Ex. 29. Think of adjectives which are frequently used with the following words: enterprise, sector of economy, programme, finances, business, policy Ex. 30. Form verbs from Hie following words and translate them into Russian. employment; govemment; privatisalion; decision; growth; manufacturing; investment; tax; extraction; production; transportation; distribution; supply Ex. 31. Match the infinitives in A with the nouns in B.
В an enterprise a climate raw materials assistance productivity goods a decision a role Ex. 32. a) Read the interview wilh a Russian economist published in one of the specialist journals, b) Sum up his assessment of the economic situation in Russia. Interview with the Economist Foreigner: How did your economy fare last year? ' Russian: Last year was one of the best for Russia. GUP grew at a reasonable pace, then we harvested a record crop. F.: I think it was due to very favourable weather conditions. What factors resulted in it in your opinion? R.: Undoubtedly, the weather conditions affected the crop. But I think that investment and reforms in agriculture started to pay back. F.: And how do you assess the manufacturing sector, your industry? R.: Industrial production went up in some branches, though the real sector still needs more investment if we want it to develop faster. F.: If you want foreigners to invest you must give them guarantees of law and order in the country, create a more favourable business climate. R.: I can't agree more. Last year a lot of laws were passed to this effect. Suffice it to mention our tax system, it was simplified. F.: 1 see. Considerable progress was made in your country last year. Besides, as far as I know the living standards improved. R.: Yes, pensions were increased, salaries of state employees were raised too. Demand for consumer goods increased.
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