"There's a slight chance oil prices could reach $80 a barrel." What probability is it? / What's the opposite of "slight chance"?
10-30% likelihood. / Strong possibility
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15
Which phrase would you use to propose a solution to a disagreement about a price?
Correct Answer: "Would you be willing to consider reducing ... but maybe also ...?"
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15
You want to clarify the scope of a contract and ensure the other party understood the changes.
Example Answer: "You want to reduce the scope of the current office lease from two floors to just one floor, yes?"
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15
Youโre negotiating a contract and need to propose a change. What would you say to suggest a possible solution?
Example Answer: "What if you cut โฆ and in return we extended โฆ?"
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15
"Revenue growth was better than the _______ figure of 2%." /What adjectives go with this word?
forecast / Optimistic, conservative
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15
What's a common oversight when comparing bonds to stocks?
Ignoring fees or tax implications.
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seesaw
Swap points!
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gift
Win 5 points!
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rocket
Go to first place!
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lifesaver
Give 10 points!
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15
How can someone โenvisionโ their future financial goals more clearly?
By setting concrete, measurable goals and regularly reviewing their financial plan.
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15
To minimize risk, many investors put money into a range of financial _______ such as stocks, bonds, currencies, commodities, and property. / What verbs go with this word?
instruments / Buy, sell, trade, diversify
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15
"Interest rates are likely to go up next year." What probability is it? / Replace "likely" with a stronger term.
50-70% probability. / Expected, projected
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baam
Lose 10 points!
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gift
Win 25 points!
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gift
Win 15 points!
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baam
Lose 20 points!
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15
Whatโs a common mistake people make when theyโre โon the point ofโ retirement?
They often underestimate how much savings theyโll need to maintain their lifestyle.
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lifesaver
Give 10 points!
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gold
Win 50 points!
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gift
Win 15 points!
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banana
Go to last place!
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15
Whatโs the impact of not having a diversified portfolio in your investment strategy?
It increases the risk of significant losses if one investment underperforms.
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15
How can you ensure your financial plan is likely to stand up to future uncertainties?
By regularly updating it to reflect changes in the economy and your personal life.