Unit 1: Economy | Vocabulary | B2
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Unit 1: Economy | Vocabulary | B2

EXERCISE 1

Match the following into opposite pairs:

1. wealth

2. wholesale

3. millionaire

4. worthless

5. economy

6. profit

A. beggar

B. loss

C. extravagance

D. poverty

E. retail

F. priceless

EXERCISE 2

Choose the correct form of the verbs in the box to complete the following:

Lend   borrow    save     spend      owe     repay

1. They still                  the bank two thousand pounds.
2. You can                   my car but make sure you bring it back in one piece!
3. That man                   more on a suit than you earn in a year.
4. It's never wise to get into debt; the interest increases and it takes ages to                   .
5. Whenever I                  you anything, I know it's probably the last 1' II see of it.
6. She' II have to                   enough for a deposit and pay the remainder in monthly instalments.

EXERCISE 3

There are several different words for the amounts of money that you pay in various situations. Choose from the words in the box to complete the sentences below:

fees        fares         bill       subscription     rent

1. When my business began to make a loss, I tried everything to improve sales butunfortunately I was declared                            soon afterwards.

2. Three British athletes have succeeded in persuading British Crown, the jewellery chain,

To                    their entry to the International Athletics finals.

3. If I didn’t have to pay so much income                              , I’d be a lot better off.

4. The Wall Street Journal provides details of the current shifts in the world of business

and                              .

5. My advice is to half of your inheritance on the stock market and

buy a small house with the remainder.

6. Our joint                               aren’t sufficient to cover the cost of the mortgage and

our everyday expenses.

EXERCISE 4 | Business and the economy

Fill the gaps to complete the sentences using the words provided below:

Sponsor   bankrupt     tax     finance     earnings     invest

1. When my business began to make a loss, I tried everything to improve sales butunfortunately I was declared                   soon afterwards.

2. Three British athletes have succeeded in persuading British Crown, the jewellery chain,

To                    their entry to the International Athletics finals.

3. If I didn’t have to pay so much income                        , I’d be a lot better off.

4. The Wall Street Journal provides details of the current shifts in the world of business

and                         .

5. My advice is to half of your inheritance on the stock market and

buy a small house with the remainder.

6. Our joint                           aren’t sufficient to cover the cost of the mortgage and

our everyday expenses.

EXERCISE 5

There are many colloquial phrases connected with money. Read the following and then decide which definition matches best in each case:

1. Overdrawn, i.e., owning money to the bank
2. Goods obtained illegally or on the black market and sold at inflated prices to certain customers or acquaintances
3. Money, cash
4. A rash or major shopping trip
5. Very well off (also: ‘filthy rich;)

A. under the counter
B. bread/ lolly/ dough
C. rolling in it
D. in the red
E. spending spree

EXERCISE 6 | International currency units

Match the following units of currency with the country in which they are used:

1. dollar

2. pound

3. yen

4. won

5. euro

6. franc

7. rouble

8. dollar

9. peso

10. krona

11. rupee

12. dirham

A. Mexico

B. Australia

C. Italy

D. USA

E. Japan

F. Russia

G. UK

H. Sweden

I. India

J. Korea

K. U.A.E. (United Arab Emirates)

L. Switzerland

EXERCISE 7

Match the currency symbols with the country:

1. W

2. £

3. €

4. 

5. $

6. ¥

A. Korea

B. USA

C. Germany

D. Japan

E. UK

F. Greece

EXERCISE 8

The following words can be combined with money to form compound nouns.

Easy    box      supply              worth               pocket             danger

Complete the sentences with the appropriate compound:

1. I didn't have to work hard at the office; it was                  money.

2. Mum gives me £ 2.00                  money every week.

3. 1' ve lost the key to my money                  .

4. By the holiday was great value; we certainly got our money's                  .

5. The way he spends, you'd think he had an endless money                  .

6. Miners and firemen are claiming                  money in addition to their regular wage.