1. Read and retell the text gm to close plant in Germany


What is the unemployment rate?



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2.What is the unemployment rate? 
a The official percentage of work-eligible persons who aren’t currently hired 
b A figure that’s used to gauge the overall health of an economy 
c The number of individuals who’ve been hired in the past month 
d 1 and 2 
3.What is full employment? 
a The status of a company that has too many staff members 
b The condition of employees who’re satisfied with their work 
c An unemployment rate wherein almost every eligible employee is working 
d None of the above 
4.What unemployment rate is generally indicative of full employment? 
a 10% 
b 50% 
c 5% 
d rate has to be zero to call it full employment 
5. Low unemployment rates typically indicate which of the following: 


a A booming economy 
b A poorly performing economy 
c No economic shift 
d Much lower-than-normal wages 
 
25. Read and retell the text 
Vale SA's legal fight against Brazil's tax claims 
Brazil's highest court overturned an injunction that had suspended collection 
of disputed tax claims from Vale SA (VALE5.SA), the world's largest iron-ore 
producer, the company said on Thursday, adding it would appeal the ruling. 
The miner is fighting four tax bills issued by the federal tax authority, totaling 
30.5 billion reals ($15.83 billion) on its earnings abroad. Vale said this is tantamount 
to 
double 
taxation 
as 
it 
paid 
taxes 
to 
foreign 
governments. 
The Superior Court of Justice ruled in favor of the federal tax authority in its 
appeal against an injunction granted in March that suspended payment of the taxes by 
Vale. Vale says it will now appeal in order to reinstate that suspension. 
"Vale remains confident in its arguments and will continue to pursue all 
appropriate legal actions until a final decision on the merits is reached," it said in a 
statement. 
A statement on the court's website confirmed that the company still had the 
right to appeal the decision. 
A Vale spokesperson said the company would not have to make an 
immediate payment should the tax authority request it, since it planned to appeal 
against the latest ruling. 
The dispute over whether the taxes are due is waiting to be judged and is part 
of a run of appeals begun in the last decade, including one by the National Industry 
Confederation (CNI), against payment of tax on earnings on foreign operations. 

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