Vocabulary Focus. Ex. 1. Study the meaning of the following easily confused words and do the exercises that follow

Ex. 1. Study the meaning of the following easily confused words and do the exercises that follow.

successive/successful

successive – последовательный;

successful – успешный.

Fill in the blanks with the proper word.

1. The inflation can be curbed only by a number of... reforms.

2. His... career was due to his tremendous efforts and aptitude.

3. The sales were profitable only because of the... marketing campaign.

4. The measures lead to … changes.

Ex. 2. Find the words or expressions in the text which mean the following.

1. to rise;

2. to lend;

3. to cause sth to happen;

4. to make sth smaller in size, quantity and price;

5. to have a bad effect on sth, to cause distress;

6. to see what is going to happen;

7. to change, esp according to some factor;

8. to confer with another person to reach agreement.

Words for references: to move upward; to negotiate; to vary; lo loan out; to hurt; to result; to anticipate; to reduce.

Ex. 3. Using a dictionary, add as many words as possible into the table and suggest some common word partnerships with them.

Noun	Adjective/Adverb	Verb
	persistently
	purchasing
allowance
recipient
		determine
		measure
		reduce
		anticipate
		negotiate
		vary

Ex. 4. Complete the sentences with the words given bellow.

1. An … form of inflation is known as hyperinflation.

2. The … between inflation and deflation is price stability.

3. The … level of prices is called the price level and is measured by a price index.

4. A common price index is called the … Price Index, or simply CPI.

5. Inflation reduces the money real … power.

6. If inflation is correctly anticipated, contracts can be negotiated to include “inflation … “.

7. It is often difficult to correctly anticipate a future … of inflation.

Words for references: boundary, consumer, extreme, average, purchasing, premiums, rate.

Ex. 5. Match the Russian word-combinations in A with their English equivalents in B.

A	B
1) стабильность цен	a) a general price level
2) движение вверх и вниз	b) a price stability
3) индекс потребительских цен	c) a price index
4) реальная покупательская способность денег	d) a consumer price index
5) инфляционная надбавка	e) inflation premiums
6) понижение покупательской способности	f) a decline in the purchasing power
7) ожидать инфляцию	g) the upward and downward movement
8) общий ценовой уровень	h) money real purchasing power
9) индекс цен	i) to anticipate inflation
10) неблагоприятный эффект	j) adverse effect

Ex. 6. Match the words in A with their definitions in В.