ANSWER INGRIS TO 3

UNIT 3
ECONOMIC BUSINES CYCLES AND UNEMPLOYMENT


1. DISCOVERING CONNECTION

1. are there any jobs in your country which are in constant demand?Yes, in my country almost every year demand for job vacancies soar.
2. in which economic sectors  have jobs disappeared / haave been created ?A person's job could be lost when the company he worked in went bankrupt or the country where he worked was hit by the monetary crisis.
3. what is the most diffiult job you can imagine ? and the most pleasant?Work that is hard to imagine is a job that is not in accordance with our ability or work that we do not master. While fun work is a work that suits our ability or talent.
4. if you could choose any jon in the word , what would it be ? why ? I chose to be an entrepreneur. Because being an entrepreneur is a boss
5. are yuo optimistic or pessimistic about your own future ? do you expect the qualification you are currently studying for to get you a permanent job?Yes, i am optimistic. With my current qualifications, I went to college. Because I'm sure what I'm doing right now will be useful in the future.
6. do you see any areas in which a large number of jobs might realistically be created?Yes, I see every time and place there must be an opportunity to create a job.
7. in your opinion , when there is hight unemployment during a recession , should the goverment intervene in the economy to create jobs ?Yes, the government must intervene in the response to unemployment by creating jobs. To prevent criminals because a country with high unemployment and low living conditions leads to a large criminal rate.

2. vocabulary focus exercise 1. express in one word

1.  money borrowed in order to buy a house or flat (BG) or apartment (US) hipotek
2. money paid for the use of a house or flat owned b y somebody else. rent
3. the amount of something produced b a company . a country , and so on industrialist
4. spending on new machines , factories , and so on output
5. owners or managers of manufacturing companies  investment
6. spending on goods and services consumption
7. to dismis employees lay off
8. concerning the number  of births, deaths , populations,movements, and so on  demographic
9.  An absence of luxury and comfort austerity

3. exercise  2. complete the sentences using

1.  recurrent rises and falls in real GDP over a period of years is called the business cycle
2.     a (An) GDP gap  is officially defined as two consecutive quarters of real GPD decline
3.     economic growth is measured by the annual percenntage change in real GPD in a nation
4.    the recession is the difference between full-employment or potential real GPD and actuall real GPD
5.    the phase of the business cycle during which real GPD reaches its maximum after rising during a recovery is called a peak
6.    a trough is a phase of the business cycle during which real GPD reaches its minimum after falling during  arecession
7.     an uptrun in the busines cycle during which real GDP resis is called a recovery

exercise .3

1. companies may have to reduce investment or the size of the work force ( B)
2. companies only invest (C)
3. during a period of growth (A)
4. external theories of the business cycle (E)
5. governments often stimulate the economy changes (F)
6. increases in interest rates (G)
7. internal theories of the business cycle (D)
8. people can demand higher pay unemployed (I)
9. people tend to spend less (H)

A. consumers borrow a lot of money
B. if a labour costs increase too much
C.if their company's sales are increasing
D.include psychological factors
E. include tecnological and population
F. prior to general elections
G. result in higher rents and mortages
H. when they are afraid of becoming
I. while consumption is increasing