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Match the words from the left column with their definitions from the right.


Date: 2015-10-07; view: 547.


1. output A. stage in an economic cycle in which conditions of relatively low-unemployment and high total income prevail, leading to high purchasing power (if the inflation rate is kept low)  
2. export B. total national income (GDP) divided by total population, it is not the average income (because it includes children and non-working population) but serves as an indicator of a country's living standards  
3. home-grown C. ratio of profit after taxes to cost-of-sales, often expressed as a percentage; it is one of the measures of the profitability of a firm, and an indicator of its cost structure  
4. stagnate D. full of busy activity
5. prosperity E. to send goods or services across national frontiers for the purpose of selling and realizing foreign exchange F. to stay the same and not grow or develop
6. per capita income G. become inactive or dull
7. mainstream H. when someone stops employing someone, sometimes temporarily, because there is no money to pay them or because there is no work for them
8. profit margin I. the amount of energy, work, goods, or services produced by a machine, factory, company, or an individual in a period  
9. lay off J. products and services which are readily available to and appealing to the general public, as opposed to being of interest only to a very specific subset of the public  
10. bustling K. belonging to or being developed in your own country

 

 


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