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UNIT1: MARKET CAPITALISM
I.comprehension questions
1.what are the two major decision-making
units which market capitalism contains?
They are business firms and households.
2.how are the actions of business firms and
households coordinated?
They are coordinated through market exchange.
3.from whom does the business firm buy
resources and sell outputs?
Households.
4.what does the demand for resource inputs
depend on?
It depends on the demand for final produck.
5. what do firms do with the resource they
buy from households?
They transform resources inputs in to but puts
of products and services then sell to
households.
6. how can consumers get money to buy
products sold by firms?
Consumers obtain income/money throught the
sale on loan of their resources to firms.
7.what do both households and business
firms do through market exchange?
They both desire to maximize their economic
well being.
Unit 2:
1.what is a market?
=> It is an arrangement by which sellers and
buyers of a commodity interact to determine its


price and quantity.
2, What are wage rates?
=> wagertes are prices of different kinds of
humman labor.
3, what will happen if the demand for a given
good rises?
=> the sellers will raise the ptice to ration out a
limited supply and higher price will encurage
greater production.
4, What will seller do if their products
become overstocked at the going market
price?
=> the sellers will lower prices to unload
unwanted models.
5, how can an quilibrium between buyer and
sellers and sellers be restored when a good
becomes overstocked at the going market
price?
=> when a goods becomes overstocked the
seller will lower its price.At the lower,
consumers will want to buy moer, and
producers will want to produce fewer. As
aresult, the quilibrium will b restore.
6, What is a factor of production?
=> It is an inut into the productive procers
7, Name three factor of production?
=> Land, labor and capital.
UNIT 3:MACROECONOMICS.
I.comprchension question
1. what is the importance of

macroeconomics?
Macroeconomic performance is a central factor
affecting the success or failure of nations.
2 what does macroeconomics study?
Macroeconomic studies overall economic
trends such as employment levels, economic
growth, and inflation.
3. the article discusser countries at 2 opposite
extremes, what are they?
They are the countries which that grow rapidly
without major imbalames and the one that
stagnate and seem stuck in a situation of high
inflation and high trade deficits.
4.what does fical policy deal with?
It deals with government spending and taxing.
5. how can government have a majoy impact
on a country’s economic performance?
Government have majoy impact on a country’s
economic performance throught its economic
plicies fiscaland monetary policies.
6. what are four main areas that
macroeconomics focuses on?
They are GNP, employment, inflation and
balance of payment.
7.what are four tools of macroeconomic
policy?
They are fiscal policy, monetary policy, in
come policy and foreign economic policy.
8. what do modern economists know more
about than in the past?

Modern economicsts know more about know
pulic policies offect the economy.
Unist5:
1, What are coal and timber ewamples of?
=> They are examples of raw materialr.
2, What happens to goods not consumed in
he country?
=> It can besold to other coutries as export.
3, how is the size of a country’s economy
determined?
=> the size of a country’s economy is
determined by the total amount of goods and
services that it produces.
4, What it the best way to measure economy
growth?
=> the best way is to put a monetary value on
every thing bought or slod.
5, what is GDP?
=> GDP is the measures of economy activity
that includes all the goods and servies that it
produces.
6, What happens in a healthy economy?
A healthy economy of sows steadily over a
relatively long period time.
7, What is a recession?
=> arecers ion is a health economy …
8, How is GNP different from GDP?
=> GDP concentrates covering the economic
activity which takes place within the country’s
borders, while GNP includes net international

trade.
Exercise : rewrite the following sentences
using an appropriate relative pronoun and
clause.
1.coffee is one of our big exporters.foreigners
love our coffee a lot.
->coffee which foreigners love a lot is one of
our big exporters.
2.tom is the youngest director of the
company.tom’s father was also a director.
-> tom is the youngest director of the company
whose father is also a director.
3.journalists talk much about this company.
Its rubbish badly pollutes the environment.
-> journalists talk much about this company
whose rubbish badly pollutes the environment.
4. engineers are needed here . they will be
paid well.
->engineers who are needed here will be paid
well.
5. workers ask for higher wages. They work
very hard.
-> workers are that work very hard ask for
higher wages.
6. goods are overstocked. Sellers have to
lower their price.
-> goods whose price are overstocked sellers
have to lower.
7. the firms have a loan to buy new
machinery. They have to pay it back soon.

->the firms which have a loan to buy new
machinery have to payit back soon.
8. japan is a developed country. It has a big
automobiles industry.
-> japan which is a developed country has a
big automobiles industry.
9.the average wage in Vietnam is very low.
The governmant is trying to raise it up.
-> the average wage in Vietnam which the
goverment is trying to raise it up is very low.
10. customers have to pay high.they will
never come back to buy goods here.
-> customers who have to pay high will never
come back to buy goods here.
11.i saw the man .he told me to come back
today.
->the man who I sold me to come back to day.
12.these workers decided to quit jobs. They
are not well-paid.
->these workers who are not well paid decided
to quit jobs.
13. you can keep money in backs. It is safer
than buying gold today.
-> you can keep the money in backs which is
sayer than buying gold to day.
REWRITE THE FOLLOWING
SENTENCES:
1.the man who is standing there is my
teacher.
2.the window which was broken in the storm

last night has now been repaired.
3.the workers who work in this workshop are
skilled workers.
4. economics students who are studying hard
for their exams will do well.
5. some paintings which were stolen from the
museum haven’t been fourd yet.
6. a lot of the people who were invited to the
party can not come.
7. the factory which makes bicycles has no
profit in 3 years.
8. the student taking part in the tour to paris
last week were my students.
9.the story written by paul appeared in the
magazine.
10. Most of the goods made in this factory
are exported.
11. rice grown in many countries is a stable
food throughout the world.
12.the cat walking on the wall is mine.
13. we are studying sentences contaniny
adjective clauses.
14. the painting drawn by john was sold last
week.
REWRITE THESE SENTENCES USING
‘’UNLESS’’.
1.you can’t travel abroad unless you don’t
have a passport.
2. I will tell him the truth unless you are at
least 18 years old.

3. you can’t get a driver’s license unless you
are at least 18 years old.
4.unless she doen’t studies hard, she will pass
the exam.
5. unless I don’t get a raise in salary I will
work hard.
6. I will become very fat unless I stop eating
so much cake.
7. we won’t go on a excursion unless the
weather is bad tomorrow.
8. you will get hungry during the class unless
you eatbreakfast.
CHANGE THE FOLLOWING SENTENCES
INTO PASSIVE VOICE.
1.most economists define a nation’s wealth as
what a citizen of its owns.
a nation’s wealth is defined as what a citizen of
its owns by most economists.
2.the government of china bought GM , the
biggest motor company of the USA.
GM the biggest motor company of the USA,
was bought by the government of china.
3.they in vested most of their money in stock.
Most of their money was invested in stock.
4. viet nam usually exports rice to countries
in Africa.
Rice is exports by viet nam to countries in
Africa.
5.investors hope that the price of gold will
rise sharply.

It is hope that the price of gold will rise sharply
by investors.
6. people consider that countries in central
America are tax havens because they require
little or no tax from the foreign investors
who come there to set up oprations.
Countries in central America are consider to be
tax havens because they require little or no tax
from the foreign investors who come there to
set up oprations.
REWRITE THE FOLLOWING
SENTENCES WITHOUT CHANGING THE
MEANINGS.
1.the current account gives a comprehensive
picture of international trade.
A comprehensive picture of international trade
is gives by the current account.
2.when a product is sold for money, this
money can then be used to buy another
product or to.
When we sell a product for money we then can
use this money to buy another productor to
invest.
3.how quickly the economy can grow is
determined by each country’s money supply.
each country’s money supply determined how
quickly the economy can grow.
4.money makes trade more manageable.
Trade is make more manageable by money.
5.social security was set up to reduce poverty

among the elderly and disabled by the
government.
the government set up social security to reduce
poverty among the elderly and disabled.
6.china is said not to be able to come the
greatest economy in the world by the
economists because of its unequal
development between the city and the
country.
the economists say that china not to because of
its unequal development between the city and
the country.
7. we calculate the valua of one currency in
terms of another.
the valua of one currency is calculated in terms
of another.
8.the boss must sign the cheque soon.
The cheque must be signed by the boss soon be.
VOCABULARY EXERCISE
1. there are some public programs to help poor
people, but NGOs (non-governmental
organizations) are also important.
2. he must stop his exeessive spending or else
he will not have enough money to feed himself.
3. if you study very hard for a very long time
eventually you will be able to speak English
well.
4. many people try to avoid taxation because
they want to keep their money for themselves
instead of giving it to the government.

5. his mother has very restrictive rules, he must
be at home before 8p.m and he can’t bring his
girlfriend home.
6.the company will implement their plan after
they have enough money to do it.
7. the dollar is a very stable currency since its
value only change very little during year.
8. the high tax on cigarettes induced him to
quit smoking.
9. she has many assets including a car, a house,
and a television.
10. the allocation of opportunities to study at
this university should be based on student who
has the highest ability, not who has the most
money.
11. the compny finance it’s new machinery
with a loan from the bank.
12.realestale includes land and all the buidings
on it.
13. the balance of plement is a record of
payments to other countries and receipts from
other countries.
14. they are implement very difficult project
that help to increase incomes in rural areas.
15. my household budget includes spending on
housing , food, telephone,electricity and
clothes.
16.in viet nam we measure distance in
kilometers in America we use miles.
17.net profit is the profit that remains after

paying all the expenses and taxes.
18.there are several large automobiles
companies in japan including Toyota,Honda
and Nissan.
19. they bought health insurance so if they are
sick and must go to the hospital they won’t
have to use their own money to pay the costs.
20. Vietnam should develop its foodstuffs
industry since most of the people in Vietnam
farmers.
21.if you exprt row materials you will earn
less money than if you make them into a final
product to export.
22. foreign in vestment in local real estate and
local companies can also provide needed jobs
for local people.
23.that company measuare its workers’
productivity not only by the number of shoes
they produce but also by the quality of that
shoes.
24.world economy sarted to get into recession
at the end of the yeaf of 2007.
III. Vocabulary Exercis
Units 1:
1, He filled out each of the pagerrs in turn.
2, We must consider the economic well being
of poor people when we make this policy.
3, The boss it the oly person with decision
making Power in this company no one else can
make.

4, Economists make many assume when they
wirte their theories.
5, It is very dificult to coordinate the schedules
of all the students and all the teachers in the
university.
6, Salt is notto trans form For sugar even
though they look the same.
7, The husband and wife are interdpendnt He
can’t live without her and she can’t live without
him.
8, The company wants to purchase
Indexpensive goods in Viet Nam to send to
America and sold in at high profit.
9, That company’s high profist arederived From
the sale of shoes made in viet nam and sold in
Janpan.
10, The chanes in government policy should
transform The Vietnamese economy from the
marxist economy into a marke economy.
11, They can keep the money for a given time
period, for exemple, one year, one year, but
then they must pay it back.
12, Many America bsiness fim Would you like
ti invest in Viet Nam.
13. Many Vietnamese house holds Have more
than two chidren.
14, The company have a loan for 500$ to buy
new machines, but they must pay it back soon.
15. If want to pursue a career in business, you
must understand the economy/

Unist2;
1 , The workers to rush. over each other to get
out of the burning factory.
2, With inflation, prices tend to rise very
quickly.
3, she speaks English, Fench and German in
addtion to Vietnamese.
4, At out store Vietnamese bicycles are over
stock Nobody will want to buy them at today’s
prince so they just stay in the store.
5,Conditions are very favorable for finding jobs
in a growing economy.
6, During the war, the government ration out
meat and other foods.
7, Each participant In the semnar had go give a
short speech.
8, After they unload the goods from the shift
you can take them to your store.
9, The new arrangement In the managing
machine of the company makes it work more
effciently.
10, A lot of Vietnames people ruch To shops
when they hear of the shop’s sale off. They not
even care about the quality of the goods.
11, The recent shift in the ewchange rate made
import good cheaper.
12, The triad Of land, labor and capital are
called factors of production.
13, After the war it is difficult to restore An
economy to its previous state because of

damage from bobs.
14, the process Of making banknotes is very
simple, but it requires special inputs that
ordinary people are not allowed to buy.
15. The new series of cars have mistakes in the
hand brake, so people who planced an odrder
for those cars now refuse to buy them.
Unist 3:
1, There is a high government deficit because
government spending is more tax revenues.
2, They really odmire him because he is very
successful in his job.
3, His really performance him because he is
very successful in his job.
4, In Vietnam there is a strog trend towards
learning English,not Russian.
5, His gross income is 25.000$ per year, but
after he pays his taxes he only $15.000.
6, The focus of his writinh is the agricultural
sector of the Vietnames economy.
7, she earns 20kg of rice per month which is
only about $5 in mnetary term.
8, A rapid rise in prices is called inflation.
9, Fiscal policy consists of government
spending and taxion.
10, The level of prices depends on the amount
of money in the economy.
11, At one extreme are people who love the
Beatles, at the other are people who I them.
12, His anlysis of the economy shows hat

growthaas increased and inflation fallen.
13, My math teacher had a big impact On me,
that’s why I decided to become a my teacher
too.
14, The imbalance Between imports and
exports can cause problem for the economy.
15, There are many many different type of
finacial instrument for lending money to the
who need it.
Uinis 4:
10, The suburb of Ha Noi should concentrate
on craft industry because there are hundreds of
handy craft villages.
11, Incomes have been increasing stradily and
now people have enough money to live
comfortably.
12, Quang ning has a abundance of coal.
13, Her nationality is English so she is a citizen
of England.
14, Goods made in China is freatly comsume in
Vietnam because of their low price an various
desings.
Unist 6:
1, If the of coffee is too high, people could
choose tea as,substitute for coffee.
2, The financial crisis in the USA 2007 affect
strongly to the word economy and have made it
fall in the most serious recession in history.
3, In Vietnam, most companies are the small
and medium- size enterprise And the

governmer awlays creates the favorable
condition for them to benefit.
4, Equilibrium .is the state in which market
supply and demand balance each other and as a
result, price become stable.
5,Low of spply is a microeconomix law stating
that all other factors being equal, as the price of
good or service increases, the quantily of goods
and services offered by soppliers incereases and
vice versa.
6, low a demand a microeconomic law stating
that all other factors being equal, as te price of
good or services increases, consumer demand
for the goods and serivces will decrease and
vice versa.
7, Demand a a given price is the amuont of
goods and services which the buyer is eilling to
by and the seller is willing to sell at that price.
8, Customers will get many benefit sich as
convenience, saving time, when using the
company’s products.
9, That company is not sufficient it to afford
each staff a computer.
UNIT1: MARKET CAPITALISM
I.comprehension questions
1.what are the two major decision-making
units which market capitalism contains?
They are business firms and households.
2.how are the actions of business firms and
households coordinated?

They are coordinated through market exchange.
3.from whom does the business firm buy
resources and sell outputs?
Households.
4.what does the demand for resource inputs
depend on?
It depends on the demand for final produck.
5. what do firms do with the resource they
buy from households?
They transform resources inputs in to but puts
of products and services then sell to
households.
6. how can consumers get money to buy
products sold by firms?
Consumers obtain income/money throught the
sale on loan of their resources to firms.
7.what do both households and business
firms do through market exchange?
They both desire to maximize their economic
well being.
Unit 2:
1.what is a market?
=> It is an arrangement by which sellers and
buyers of a commodity interact to determine its
price and quantity.
2, What are wage rates?
=> wagertes are prices of different kinds of
humman labor.
3, what will happen if the demand for a given
good rises?

=> the sellers will raise the ptice to ration out a
limited supply and higher price will encurage
greater production.
4, What will seller do if their products
become overstocked at the going market
price?
=> the sellers will lower prices to unload
unwanted models.
5, how can an quilibrium between buyer and
sellers and sellers be restored when a good
becomes overstocked at the going market
price?
=> when a goods becomes overstocked the
seller will lower its price.At the lower,
consumers will want to buy moer, and
producers will want to produce fewer. As
aresult, the quilibrium will b restore.
6, What is a factor of production?
=> It is an inut into the productive procers
7, Name three factor of production?
=> Land, labor and capital.
UNIT 3:MACROECONOMICS.
I.comprchension question
1. what is the importance of
macroeconomics?
Macroeconomic performance is a central factor
affecting the success or failure of nations.
2 what does macroeconomics study?
Macroeconomic studies overall economic
trends such as employment levels, economic

growth, and inflation.
3. the article discusser countries at 2 opposite
extremes, what are they?
They are the countries which that grow rapidly
without major imbalames and the one that
stagnate and seem stuck in a situation of high
inflation and high trade deficits.
4.what does fical policy deal with?
It deals with government spending and taxing.
5. how can government have a majoy impact
on a country’s economic performance?
Government have majoy impact on a country’s
economic performance throught its economic
plicies fiscaland monetary policies.
6. what are four main areas that
macroeconomics focuses on?
They are GNP, employment, inflation and
balance of payment.
7.what are four tools of macroeconomic
policy?
They are fiscal policy, monetary policy, in
come policy and foreign economic policy.
8. what do modern economists know more
about than in the past?
Modern economicsts know more about know
pulic policies offect the economy.
Unist5:
1, What are coal and timber ewamples of?
=> They are examples of raw materialr.
2, What happens to goods not consumed in

he country?
=> It can besold to other coutries as export.
3, how is the size of a country’s economy
determined?
=> the size of a country’s economy is
determined by the total amount of goods and
services that it produces.
4, What it the best way to measure economy
growth?
=> the best way is to put a monetary value on
every thing bought or slod.
5, what is GDP?
=> GDP is the measures of economy activity
that includes all the goods and servies that it
produces.
6, What happens in a healthy economy?
A healthy economy of sows steadily over a
relatively long period time.
7, What is a recession?
=> arecers ion is a health economy …
8, How is GNP different from GDP?
=> GDP concentrates covering the economic
activity which takes place within the country’s
borders, while GNP includes net international
trade.
Exercise : rewrite the following sentences
using an appropriate relative pronoun and
clause.
1.coffee is one of our big exporters.foreigners
love our coffee a lot.

->coffee which foreigners love a lot is one of
our big exporters.
2.tom is the youngest director of the
company.tom’s father was also a director.
-> tom is the youngest director of the company
whose father is also a director.
3.journalists talk much about this company.
Its rubbish badly pollutes the environment.
-> journalists talk much about this company
whose rubbish badly pollutes the environment.
4. engineers are needed here . they will be
paid well.
->engineers who are needed here will be paid
well.
5. workers ask for higher wages. They work
very hard.
-> workers are that work very hard ask for
higher wages.
6. goods are overstocked. Sellers have to
lower their price.
-> goods whose price are overstocked sellers
have to lower.
7. the firms have a loan to buy new
machinery. They have to pay it back soon.
->the firms which have a loan to buy new
machinery have to payit back soon.
8. japan is a developed country. It has a big
automobiles industry.
-> japan which is a developed country has a
big automobiles industry.

9.the average wage in Vietnam is very low.
The governmant is trying to raise it up.
-> the average wage in Vietnam which the
goverment is trying to raise it up is very low.
10. customers have to pay high.they will
never come back to buy goods here.
-> customers who have to pay high will never
come back to buy goods here.
11.i saw the man .he told me to come back
today.
->the man who I sold me to come back to day.
12.these workers decided to quit jobs. They
are not well-paid.
->these workers who are not well paid decided
to quit jobs.
13. you can keep money in backs. It is safer
than buying gold today.
-> you can keep the money in backs which is
sayer than buying gold to day.
REWRITE THE FOLLOWING
SENTENCES:
1.the man who is standing there is my
teacher.
2.the window which was broken in the storm
last night has now been repaired.
3.the workers who work in this workshop are
skilled workers.
4. economics students who are studying hard
for their exams will do well.
5. some paintings which were stolen from the

museum haven’t been fourd yet.
6. a lot of the people who were invited to the
party can not come.
7. the factory which makes bicycles has no
profit in 3 years.
8. the student taking part in the tour to paris
last week were my students.
9.the story written by paul appeared in the
magazine.
10. Most of the goods made in this factory
are exported.
11. rice grown in many countries is a stable
food throughout the world.
12.the cat walking on the wall is mine.
13. we are studying sentences contaniny
adjective clauses.
14. the painting drawn by john was sold last
week.
REWRITE THESE SENTENCES USING
‘’UNLESS’’.
1.you can’t travel abroad unless you don’t
have a passport.
2. I will tell him the truth unless you are at
least 18 years old.
3. you can’t get a driver’s license unless you
are at least 18 years old.
4.unless she doen’t studies hard, she will pass
the exam.
5. unless I don’t get a raise in salary I will
work hard.

6. I will become very fat unless I stop eating
so much cake.
7. we won’t go on a excursion unless the
weather is bad tomorrow.
8. you will get hungry during the class unless
you eatbreakfast.
CHANGE THE FOLLOWING SENTENCES
INTO PASSIVE VOICE.
1.most economists define a nation’s wealth as
what a citizen of its owns.
a nation’s wealth is defined as what a citizen of
its owns by most economists.
2.the government of china bought GM , the
biggest motor company of the USA.
GM the biggest motor company of the USA,
was bought by the government of china.
3.they in vested most of their money in stock.
Most of their money was invested in stock.
4. viet nam usually exports rice to countries
in Africa.
Rice is exports by viet nam to countries in
Africa.
5.investors hope that the price of gold will
rise sharply.
It is hope that the price of gold will rise sharply
by investors.
6. people consider that countries in central
America are tax havens because they require
little or no tax from the foreign investors
who come there to set up oprations.

Countries in central America are consider to be
tax havens because they require little or no tax
from the foreign investors who come there to
set up oprations.
REWRITE THE FOLLOWING
SENTENCES WITHOUT CHANGING THE
MEANINGS.
1.the current account gives a comprehensive
picture of international trade.
A comprehensive picture of international trade
is gives by the current account.
2.when a product is sold for money, this
money can then be used to buy another
product or to.
When we sell a product for money we then can
use this money to buy another productor to
invest.
3.how quickly the economy can grow is
determined by each country’s money supply.
each country’s money supply determined how
quickly the economy can grow.
4.money makes trade more manageable.
Trade is make more manageable by money.
5.social security was set up to reduce poverty
among the elderly and disabled by the
government.
the government set up social security to reduce
poverty among the elderly and disabled.
6.china is said not to be able to come the
greatest economy in the world by the

economists because of its unequal
development between the city and the
country.
the economists say that china not to because of
its unequal development between the city and
the country.
7. we calculate the valua of one currency in
terms of another.
the valua of one currency is calculated in terms
of another.
8.the boss must sign the cheque soon.
The cheque must be signed by the boss soon be.
VOCABULARY EXERCISE
1. there are some public programs to help poor
people, but NGOs (non-governmental
organizations) are also important.
2. he must stop his exeessive spending or else
he will not have enough money to feed himself.
3. if you study very hard for a very long time
eventually you will be able to speak English
well.
4. many people try to avoid taxation because
they want to keep their money for themselves
instead of giving it to the government.
5. his mother has very restrictive rules, he must
be at home before 8p.m and he can’t bring his
girlfriend home.
6.the company will implement their plan after
they have enough money to do it.
7. the dollar is a very stable currency since its

value only change very little during year.
8. the high tax on cigarettes induced him to
quit smoking.
9. she has many assets including a car, a house,
and a television.
10. the allocation of opportunities to study at
this university should be based on student who
has the highest ability, not who has the most
money.
11. the compny finance it’s new machinery
with a loan from the bank.
12.realestale includes land and all the buidings
on it.
13. the balance of plement is a record of
payments to other countries and receipts from
other countries.
14. they are implement very difficult project
that help to increase incomes in rural areas.
15. my household budget includes spending on
housing , food, telephone,electricity and
clothes.
16.in viet nam we measure distance in
kilometers in America we use miles.
17.net profit is the profit that remains after
paying all the expenses and taxes.
18.there are several large automobiles
companies in japan including Toyota,Honda
and Nissan.
19. they bought health insurance so if they are
sick and must go to the hospital they won’t

have to use their own money to pay the costs.
20. Vietnam should develop its foodstuffs
industry since most of the people in Vietnam
farmers.
21.if you exprt row materials you will earn
less money than if you make them into a final
product to export.
22. foreign in vestment in local real estate and
local companies can also provide needed jobs
for local people.
23.that company measuare its workers’
productivity not only by the number of shoes
they produce but also by the quality of that
shoes.
24.world economy sarted to get into recession
at the end of the yeaf of 2007.
III. Vocabulary Exercis
Units 1:
1, He filled out each of the pagerrs in turn.
2, We must consider the economic well being
of poor people when we make this policy.
3, The boss it the oly person with decision
making Power in this company no one else can
make.
4, Economists make many assume when they
wirte their theories.
5, It is very dificult to coordinate the schedules
of all the students and all the teachers in the
university.
6, Salt is notto trans form For sugar even

though they look the same.
7, The husband and wife are interdpendnt He
can’t live without her and she can’t live without
him.
8, The company wants to purchase
Indexpensive goods in Viet Nam to send to
America and sold in at high profit.
9, That company’s high profist arederived From
the sale of shoes made in viet nam and sold in
Janpan.
10, The chanes in government policy should
transform The Vietnamese economy from the
marxist economy into a marke economy.
11, They can keep the money for a given time
period, for exemple, one year, one year, but
then they must pay it back.
12, Many America bsiness fim Would you like
ti invest in Viet Nam.
13. Many Vietnamese house holds Have more
than two chidren.
14, The company have a loan for 500$ to buy
new machines, but they must pay it back soon.
15. If want to pursue a career in business, you
must understand the economy/
Unist2;
1 , The workers to rush. over each other to get
out of the burning factory.
2, With inflation, prices tend to rise very
quickly.
3, she speaks English, Fench and German in

addtion to Vietnamese.
4, At out store Vietnamese bicycles are over
stock Nobody will want to buy them at today’s
prince so they just stay in the store.
5,Conditions are very favorable for finding jobs
in a growing economy.
6, During the war, the government ration out
meat and other foods.
7, Each participant In the semnar had go give a
short speech.
8, After they unload the goods from the shift
you can take them to your store.
9, The new arrangement In the managing
machine of the company makes it work more
effciently.
10, A lot of Vietnames people ruch To shops
when they hear of the shop’s sale off. They not
even care about the quality of the goods.
11, The recent shift in the ewchange rate made
import good cheaper.
12, The triad Of land, labor and capital are
called factors of production.
13, After the war it is difficult to restore An
economy to its previous state because of
damage from bobs.
14, the process Of making banknotes is very
simple, but it requires special inputs that
ordinary people are not allowed to buy.
15. The new series of cars have mistakes in the
hand brake, so people who planced an odrder

for those cars now refuse to buy them.
Unist 3:
1, There is a high government deficit because
government spending is more tax revenues.
2, They really odmire him because he is very
successful in his job.
3, His really performance him because he is
very successful in his job.
4, In Vietnam there is a strog trend towards
learning English,not Russian.
5, His gross income is 25.000$ per year, but
after he pays his taxes he only $15.000.
6, The focus of his writinh is the agricultural
sector of the Vietnames economy.
7, she earns 20kg of rice per month which is
only about $5 in mnetary term.
8, A rapid rise in prices is called inflation.
9, Fiscal policy consists of government
spending and taxion.
10, The level of prices depends on the amount
of money in the economy.
11, At one extreme are people who love the
Beatles, at the other are people who I them.
12, His anlysis of the economy shows hat
growthaas increased and inflation fallen.
13, My math teacher had a big impact On me,
that’s why I decided to become a my teacher
too.
14, The imbalance Between imports and
exports can cause problem for the economy.

15, There are many many different type of
finacial instrument for lending money to the
who need it.
Uinis 4:
10, The suburb of Ha Noi should concentrate
on craft industry because there are hundreds of
handy craft villages.
11, Incomes have been increasing stradily and
now people have enough money to live
comfortably.
12, Quang ning has a abundance of coal.
13, Her nationality is English so she is a citizen
of England.
14, Goods made in China is freatly comsume in
Vietnam because of their low price an various
desings.
Unist 6:
1, If the of coffee is too high, people could
choose tea as,substitute for coffee.
2, The financial crisis in the USA 2007 affect
strongly to the word economy and have made it
fall in the most serious recession in history.
3, In Vietnam, most companies are the small
and medium- size enterprise And the
governmer awlays creates the favorable
condition for them to benefit.
4, Equilibrium .is the state in which market
supply and demand balance each other and as a
result, price become stable.
5,Low of spply is a microeconomix law stating

that all other factors being equal, as the price of
good or service increases, the quantily of goods
and services offered by soppliers incereases and
vice versa.
6, low a demand a microeconomic law stating
that all other factors being equal, as te price of
good or services increases, consumer demand
for the goods and serivces will decrease and
vice versa.
7, Demand a a given price is the amuont of
goods and services which the buyer is eilling to
by and the seller is willing to sell at that price.
8, Customers will get many benefit sich as
convenience, saving time, when using the
company’s products.
9, That company is not sufficient it to afford
each staff a computer.
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