Студопедия

Главная страница Случайная страница

Разделы сайта

АвтомобилиАстрономияБиологияГеографияДом и садДругие языкиДругоеИнформатикаИсторияКультураЛитератураЛогикаМатематикаМедицинаМеталлургияМеханикаОбразованиеОхрана трудаПедагогикаПолитикаПравоПсихологияРелигияРиторикаСоциологияСпортСтроительствоТехнологияТуризмФизикаФилософияФинансыХимияЧерчениеЭкологияЭкономикаЭлектроника






The Budget and national economy






The original purpose of the budget was to unable the Government to raise sufficient income to meet its expenditure in the same financial year. As the scale of the Government expenditure and taxation increased, however, it was realized that both had important influence on the general level of output and distribution of resources. In this respect it is part of the Budget `s job to help bring about the balance between total goods and services, which are likely to be available to the nation and the total claims, which are likely to be made on them.

Before a Budget, therefore, the Government forecasts the potential growth of output and the imports in the coming year and the growth in the demand of them, which is likely to arise from personal spending, spending by the Government and local authorities, investment and exports. If the situation revealed by the forecasts shows demand growing slowly, it is open to Government to take action to increase demand; for example, by reducing taxes in order to bring about an increase in the incomes and spending of individuals.

Level 1.

Task 1. True or false.

1) The original purpose of the budget was to unable the Government to raise sufficient income to meet its expenditure in the same financial year.

2) As the scale of the Government expenditure and taxation reduced, it was realized that both had important influence on the general level of output and distribution of resources.

3) Before a Budget, therefore, the Government forecasts the potential growth of output and the imports in the coming year and the growth in the demand of them.

4) It is open to Government to take action to reduce demand.

5) It is part of the Budget `s job to help bring about the balance between total goods and services, which are likely to be available to the nation and the total claims, which are likely to be made on them.

Task 2. Make up word combinations.

financial taxes

reducing year

potential claims

total influence

important growth

general level

 

Level 2.

 

Task 1. Find the translation.

expenditure оподаткування

taxation видатки, витрачання

іncome продукція, видобуток

output прибуток

distribution розподіл (доходів)

demand попит

 

Task 2. Translate into English.

Оскільки рівень урядових видатків та оподаткування зростав, уряд передбачає потенціальне зростання продукції та імпорту в наступному році, уряд може діяти у напрямі підвищення попиту, значно підвищити прибутки.

 

 






© 2023 :: MyLektsii.ru :: Мои Лекции
Все материалы представленные на сайте исключительно с целью ознакомления читателями и не преследуют коммерческих целей или нарушение авторских прав.
Копирование текстов разрешено только с указанием индексируемой ссылки на источник.