Vocabulary

Trading goods or services between two or more parties without use of money is called....

• Trading System

• Currency System

• Barter System

• Convenient System

All of the following could be used as currency, except?

• gold coins

• silver coins

• dollar bills

• water

Monica incurred a cost of $10 to make a doll. She sells dolls to customers for $12 per doll.

Is she making profit or loss?

• She is making profit of $2 per doll

• She is making loss of $2 per doll

• She is neither making profit nor loss

• She is making both profit and loss

Monica incurred a cost of $10 to make a doll. She sells dolls to customers for $8 per doll.

Is she making profit or loss?

• She is making profit of $2 per doll

• She is making loss of $2 per doll

• She is neither making profit nor loss

• She is making both profit and loss

Alan wants 2 pencils. Monica wants 3 pencils. Nick wants 4 pencils.

So, the total demand for pencils is ....

• 9 pencils

• 7 pencils

• 2 pencils

• 0 pencils

Alan wants 2 pencils. Monica wants 3 pencils. Nick wants 4 pencils.

Erik produces 10 pencils. No body else produces pencils.

So, the total supply for pencils is ....

• 9 pencils

• 7 pencils

• 10 pencils

• 0 pencils

Match the following

• small stones

• approve

• agree or accept

• gauntlet

• armored glove

• outcome

• not sure or uncertain

• pebbles

• result

• doubt

What is in the picture?

• gloves

• gauntlet

• iron

• iron

The lizard blended well in the forest.

What does blend means?

• hid

• mix

• show

• crush

I dodged the ball to be safe.

At home, Will avoids doing homework because he likes sports.

What does dodge and avoid means?

• dodge=よける

  avoid=さける

• dodge=さける

  avoid=よける

• dodge=とける

  avoid=よける

• dodge=よける

  avoid=ふける