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Economics of Education: Exercise 1

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

Being able to spend their own earned money is an ________ cost given up by some housewives.

a)

opportunity

b)

opponent

c)

opportunism

d)

conformity

2.

An economic crisis could bring ______ the government.

a)

for

b)

through

c)

down

d)

over

3.

These are profit-_______ ventures run with sharp business sensibilities.

a)

searching

b)

looking

c)

seeking

d)

non

4.

Who _____ the marketing in your company?

a)

carries

b)

handles

c)

serves

d)

deals

5.

If you keep borrowing money to pay off your debts, you’ll be even worse ___ than you are now.

a)

of

b)

for

c)

in

d)

off

6.

The first is to address negative ____ that aren’t reflected in market prices.

a)

externals

b)

externalities

c)

entitlements

d)

excerpts

7.

China's ___ reached 18.23 trillion yuan in 2005, an increase of 9.9 percent over the previous year.

a)

Gross Domestic Product

b)

Great Domestic Product

c)

Gross Domicile Product

d)

Great Domestic Price

8.

Moreover, they fail to point out that the vast majority of student ____ consists of student loans.

a)

debt

b)

dowry

c)

mortage

d)

fellowship

9.

Many day care facilities are ____ by the city.

a)

subsided

b)

supplemented

c)

subtracted

d)

subsidized

10.

The ____ rate among students is currently one in three.

a)

drop-off

b)

drop-out

c)

drop-in

d)

drop-of

11.

British politicians can only envy this ability of their American _____.

a)

opponents

b)

adversaries

c)

counterparts

d)

adherents

12.

If the tax systems are different in each European country, how can industries start on a ___ playing field?

a)

equal

b)

level

c)

uniform

d)

equality

13.

As a _____ school, admission is open to students with interest in the fine arts.

a)

charter

b)

vocational

c)

primary

d)

tertiary

14.

A _____ system is a certificate of government funding for students at schools chosen by themselves or their parents.

a)

gift

b)

loan

c)

voucher

d)

programme

15.

Headquarters has _____ employees with free offers of tickets to sporting events.

a)

incentivized

b)

impaired

c)

implemented

d)

invoked