Let's talk about money

I _________ my friend $500. I borrowed the money last month for an emergency.

• lend

• owe

• afford

• pay

____________ help pay for public roads, schools, and hospitals.

• Mortgages

• Taxes

• Pensions

That dentist is so expensive - he _____________ me $400 for a simple cleaning!

• owed

• charged

• afforded

Most countries have laws establishing a minimum ______________ for low-level jobs.

• mortgage

• bill

• wage

Answer explanation

wage (n.) = salary

My grandfather receives a _______________ every month because he served in the military for 30 years.

• pension

• net income

• tip

The __________ of the average American family has risen thanks to the widespread use of credit cards rather than cash to make purchases.

• debt

• gross income

• bill

Our _______________ is $36,000/year, but after taxes we only take home about $24,000.

• gross income

• credit rating

• net income

Answer explanation

Gross income (n.) = salary before taxes. Net income (n.) = salary after the taxes and other contributions to the government are removed.

It took us 30 years to pay off the ___________ on our house.

• pension

• mortagage

• fee

The company's managers receive an ______________ bonus equal to 50% of their normal monthly salary.

• affordable

• owed

• annual

Answer explanation

annual (adj.) = once per year.

I'd like to buy a house, but I can't ______________ it on my teacher's salary.

• afford

• offer

• tip