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2ING
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- TASK 2.3 Grammar
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TASK 2.2 Vocabulary
Underline the correct words in italics. Check any unknown words in a dictionary. The consumer discretionary sector of the economy starts to recover when interest rates are low, and just before the general economy picks up. Investors favour the consumer staples sector at the end of the growth cycle, just as the markets are turning down. If a government or company wants to borrow money, it can issue a bond / an obligation. Investors receive a fixed / variable rate of interest over a fixed period of time, and then get their original investment back at the end. A rise in interest rates makes borrowing more expensive. This cools the economy. Central Banks lower interest rates if they think the economy is likely to contract, and will act aggressively if they think there is a danger of a recession. Stock markets tend to anticipate changes in the real economy. Interest rates tend to bottom out before both the stock markets and the real economy. A rising market is called a bull market. People who think that a particular market is going to rise in the future are described as being bullish on that market. TASK 2.3 Grammar Fill in the gaps using the words in the box.
Have you ……… ever …. dreamt of winning the lottery? I haven't worked out how to set the timer on the video…yet….. My dad's lived in the same house …… since …… he was Dorn. The film's only been on ……… for ….. a couple of minutes. Bruce has knocked three men out of the competition …… so …….. far. I …… rarely ……… get the chance to get any exercise - I'm just too busy. He's only… just ………… got home. It's eleven o'clock and Todd hasn't come home. Where could he be? I've never met Ruth ……berore….. What's she like? Have you finished ……already…… ? That was quick! Download 118.5 Kb. Do'stlaringiz bilan baham: 
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