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At the bank. Ex 4

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  • You can earn money by spending it in a restaurant.
    False
    True
  • The bank can pay you interest if you save money there.
    False
    True
  • Inflation makes everything cheaper.
    False
    True
  • People can invest money in houses or businesses.
    False
    True
  • Income is money that you always spend in shops.
    False
    True
  • Tax is money that the government gives you as a present.
    True
    False
  • Lend means the same as borrow.
    False
    True
  • Income is the money you get from your job.
    False
    True
  • People pay tax to the government.
    False
    True
  • The exchange rate tells you how much one currency is worth compared to another.
    True
    False
  • If you lend money, you give it to someone and they must give it back later.
    True
    False
  • Dollars are foreign currency in Europe.
    False
    True
  • Foreign currency is the money of your own country.
    True
    False
  • If you borrow money, you take it from someone and promise to return it.
    True
    False
  • Inflation means that prices of goods and services go up.
    True
    False
  • Borrowing money means you never give it back.
    True
    False
  • People can earn money by working in a shop.
    True
    False
  • Interest is free money that comes from nowhere.
    True
    False
  • The exchange rate is the same in every country all the time.
    True
    False
  • To invest means to throw money in the trash.
    False
    True