WorksheetsUNIT 4: ECONOMIC INDICATORS - A. GRAMMAR AND VOCABULARY
Total questions: 40
Worksheet time: 20mins
________ are statistics that help measure the overall health of an economy.
Population
Inflation
Exchange rate
Economic indicators
The value of a country's money compared with other currencies, such as the US dollar is called ________.
A. exchange rate
B. interest rates
C. growth rate
D. balance of trade
The unemployment rate is the percentage of people in the labour force who are ________.
unemployed
employing
employed
unemploying
________ is commonly used in business and economics to measure the expansion of a company or population growth.
Balance
Growth rate
Exchange rate
Inflation
Necessities, including food, now account for only 15% of our family budget, ________ with 33% in 1957.
included
compared
increased
decreased
The proportion of the average ________ spent on tobacco has fallen sharply from 9% in 1997 to just 1% in 2016.
rate
indicator
proportion
budget
Turkey has very high ________ interest rates, which means it will be expensive for companies to borrow money to invest.
growth rates
expenses
investment
inflation
Spending on electronic goods ________ by 12% so far this year and economists expect it to rise further by Christmas.
A. goes up
B. go up
C. has gone up
D. went up
Oil prices ________ sharply when the peace talks were announced.
have fallen
fall
fell
falls
Researching news stories and features for the website and keeping up to date with developments in the ________ world.
A. financially
B. financial
C. finance
D. finances
There is the problem of getting people to pay for content when they are used to getting a lot of materials on the web ............
free of charge
underpricing
unfree
overcharging
In financial ............ people want to know what is fact and what is opinion and interpretation.
sections
reports
figures
facts
Over the last 10 years, GDP ............ dramatically from 28.8bnto 97 bn.
A. increased
B. has increased
C. was increased
D. increases
In 2009, five items ............ up nearly 50% of all household expenditure
A. have made
B. has made
C. made
D. makes
The next chief luxury item was meals eaten out in restaurants, ............ 6% of spending.
A. consisted
B. made
C. represented
D. lent
Over the last week, oil prices ............ wildly between 93and 125.
have fluctuated
fluctuated
were fluctuated
has fluctuated
A balance of trade is in deficit when exports are ............ than imports.
A. bigger
B. more
C. higher
D. lower
If we spend more on advertising, can we ............ our sales by 45%?
increase
decline
reduce
decrease
I think we should stop our advertising campaign because we can't ............ the demand. We are running out of products.
keep up with
stay up with
set up
bring about
The bank is holding an EGM to discuss the new ............ issue.
A. recess
B. share
C. demand
D. hold
Economic efficiency occurs when goods are produced and distributed so that the maximum number of economic wants are ….
Satisfying
Satisfield
Satisfy
Satisfaction
Financial considerations are the most important and sometimes ….. factorS
Decided
Decisive
Decision
Decidedly
Multinational corporations usually take a……… approach to foreign investment
Strategic
Strategy
Tratedy
Tragic
Increasingly. People are realizing that ours basic problems are not …..ones
Economy
Economical
Economic
Economized
Cartel is an association of commodity producer design to limit competition among its member wwirh the objective of increasing….
Fares
Taxes
Benifits
Profits
I ……. The new contract for my job to two weeks ago
Signed
Wrote
Printed
Applied
The mechanic……… me $5 for repairing my bike
Charged
Paid
Gave
Spend
The ……. Of exchange is falling at the moment
Price
Worth
Charge
Rate
I had to take out a bank loan when i …….of money
Ran up
Ran after
Ran across
Ran out
factors influecing demand for labour …. Of the scale of production
Contist
Include
Compose
Make up
There is the problem of getting people to pay for content when they are used to getting a lot of materials on the web ............
free of charge
underpricing
unfree
overcharging
Small….. were advised to hold on to their share
Operators
Investor
Interpreters
Translators
They say the bank are going to raise interest …..
Credit
Rates
Deposit
Cards
Your salary will be increased in line with the 3% ……excepted this autumn
Inflation
Deflation
Increase
Price
The private service sector consist mainly of…..services, including agriculture
Consumes
Consuming
Consume
Consumer
Despite gorvernment support, the manufacturing sector’s contribution to GDP,…….much of the country capital in invested in old state-owned enterprises
Despite
However
Although
Thought
Frankfurt is the financial services capital of Germany, with the stock ….. and many of the world’s largest banks headquartered there
Market
Trading
Marketing
Center
Without…., business and personal life quickly grind to a halt in developed nations where finance and credit need to flow quickly and easily
Banks
Banking
Marketing
Stock
There is an excess of retail locations , as physical bank branches incur high maintenance Cost and are becoming less essential for retail …. Operations
Bank
Banking
Bankers
Banks
These commercials bank will have both and online presence and physical stores where customers can make … and withdrawals
Debits
Deposits
Credit
Accounts
