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Examen 2 Ingles II - Alvarez

Business cycles refer to the periods of various success, struggle, and medium-quality profits encountered by companies in the normal course of the economy. When the economy is doing well, most businesses experience increased profits and success, while downturns mean struggling profits and difficulty staying operational. Business contractions are normal periods of reduction after growth and can vary in severity, while recessions involve multi-month declines in economic activity and GDP.

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0% found this document useful (0 votes)
63 views2 pages

Examen 2 Ingles II - Alvarez

Business cycles refer to the periods of various success, struggle, and medium-quality profits encountered by companies in the normal course of the economy. When the economy is doing well, most businesses experience increased profits and success, while downturns mean struggling profits and difficulty staying operational. Business contractions are normal periods of reduction after growth and can vary in severity, while recessions involve multi-month declines in economic activity and GDP.

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Eros Alvarez
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Pontificia Universidad Católica Santa Rosa Cátedra: Inglés II

Escuela De Contaduría Y Administración Profesora: Lic. Susana Roz

OBJECTIVE N° 2: Palabras Derivadas y su Composición


- ENGLISH QUIZ N° 2 –

OBSERVACIONES: La evaluación consta de dos fases:


• Fase 1. Manejar el texto que se le presenta y de allí extraer lo requerido (Palabras con Prefijos,
sufijos, y compuestas)
• Fase 2. Responder las cinco (5) ítems de comprensión lectora
• No olvides seguimos reforzando lo aprendido…

Business Cycles

It might seem somewhat random when the economy encounters a downturn, companies
struggle, and prices rise, but the process is actually the direct result of a number of specific factors,
including business cycles. Business cycles refer to the periods of various success, struggle, and
medium-quality profits encountered by companies in the normal course of the economy; these
periods affect every individual. In other words, businesses may offer a service at an affordable price
at one point in time and fail to become profitable, but may then see this same service bring in tons of
cash at a later point; the difference isn’t the business, but rather, is the economy.

When the economy is “’good” - something that’s characterized by low unemployment, low
inflation, rising wages, and more - most businesses experience a boom, or an increase in profits and
success. There are once again a variety of factors that contribute to booms (some of which are
uncontrollable), but the short explanation of the occurrences is that when people have more money
to spend, businesses have more money to make.

Similarly, businesses experience a bust, or a decrease in profits and success, when the economy
falters. For most people, a sagging economy means it might be hard to find work and pay bills; for
businesses, a sagging economy means it might be difficult to stay in operation.

Business contractions, or normal periods of reduction in business after prolonged growth, occur
regularly and vary in severity. Eventually, full-time, employers will require a smaller amount of help
because consumers are purchasing less (after all, almost nobody buys new and expensive things all
the time), unemployment will accordingly increase, wages will fall, and so on and so forth.

Recessions, or multi-month-long declines in wages, general economic activity, and most


importantly, GDP, are more serious than business contractions. Recessions last longer than business
contractions, can be more severe, and can signal larger problems in the economy.

VALORACIÓN TOTAL: 20 PUNTOS.


GOOD LUCK!
I.- Leer con detenimiento la lectura y extraer palabras con Prefijos, sufijos y compuestas
en color amarillo resáltalos en el texto y luego lístalos en el cuadro, sin repetir palabras.

5 Palabras con Prefijos 5 Palabras con Sufijos 5 Palabras Compuestas

II.- Contesta las siguientes preguntas de comprensión. Choose the best answer, a) b) c) or d)

1.- What are business cycles?


______ a. The periods of various success, struggle, and medium-quality profits encountered by companies
in the normal course of the economy
______ b. Times when businesses have record profits in an economy with full employment and stable
growth rate
______ c. Times when businesses are recording record losses
______ d. The periods wherein businesses neither lose nor make money

2.- What is the difference between a boom and a bust?


______ a. Booms feature economic growth; busts feature economic downturn
______ b. Booms help businesses and consumers financially; busts harm them
______ c. Booms and busts are basically the same
______ d. 1 and 2 / a and b

3.- What are business contractions?


______ a. Periods during which the economy shrinks by 50-60%
______ b. Periods during which entire states’ economies and completely destroyed
______ c. Normal periods of reduction in business after prolonged growth
______ d. Normal periods of rapid economic growth after a long period of increasing wages

4.- What are business contractions?


______ a. They last longer - usually at least a few months
______ b. They are characterized by GDP decreases
______ c. They can indicate larger problems with the economy
______ d. All of the above

5.- What are business contractions?


______ a. Only businesses are affected
______ b. Only consumers are affected
______ c. Both businesses and consumers are affected
______ d. Neither businesses nor consumers are affected

SR

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