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Economy (C1)

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  • Which word refers to everything a company owns?
    revenue
    commodity
    perk
    asset
  • Is the following sentence correct? Though difficult, the journey involved no real danger.
    Yes. 'Though' can be followed by an adjective when 'to be' is omitted.
  • The amount of money that people need to spend in order to buy basic goods or services such as food, clothes, and a place to live is known as...
    the cost of living.
  • The amount of money that is paid for the service of a company is called...
    quote
  • A situation where the value of something suddenly decreases is called...
    a clash
  • Correct the following sentence: Finishing my work took me ages.
    It took me ages to finish my work.
  • Which of the following is not a synonym of rich?
    well-off
    affluent
    hard up
    loaded
  • Complete the sentence: It was early, ____ we were all ready for bed after our long hike
    despite
    even so
    yet
    notwithstanding
  • Which of the following it's not possible to levy?
    a charge
    a fee
    a tax
    a grant
  • Which of the following is a synonym of the verb allocate?
    distribute
    utilize
    decline
    compensate
  • When you pay for the things that you need to live when you have little money, you ... (idiom)
    make ends meet
  • Which of the following verbs do not refer to a sudden increase?
    to plunge
    to surge
    to soar
    to shoot
  • Complete the following sentence: Fortunately, his businness ___ in the years before the civil war.
    thrived
    plummeted
    capped
    huggled
  • Which of the following is a synonym of curb?
    collapse
    restrict
    minimize
    trade
  • Is this sentence correct? We see as an insult to have received no reply to our letter.
    No. We see it as an insult to have received no reply to our letter.
  • Which of the following refers to an amount of money paid in a large amount on one occassion?
    quote
    will
    fare
    lump sum
  • Is this sentence right? I consider it a privilege having this opportunity of welcoming you.
    No. I consider it a privilege to have this opportunity of welcoming you.
  • If you are spending more money that you can afford, you are... (idiom).
    living beyond your means
  • Rephrase this sentence: No matter how hard they try, they won't be able to get a loan by the end of the week.
    Much as they try, they won't be able to get a loan by the end of the week.
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