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Unit Test 11
Answer all thirty questions. There is one mark per question.
VOCABULARY: ECONOMIC TERMS
1 Complete these sentences with the words from the box.
bureaucracy / exchange / inflation / interest / investment / labour / domestic / trade
/ unemployment / incentives
1 The fall in _______________ rate will probably lead to more business investment.
3 The number of people claiming benefit rose to 945,000, and the _______________
rate climbed to 5.5%.
4 Prices went up again, and the countrys _______________ rate rose to 5.4% last
month.
6 Our country is now attracting production from companies looking for a highly skilled
_______________ force.
8 The gross _______________ product is the standard measure of the overall size of
the economy.
9 Too many rules and regulations and too much government _______________ in
general have a negative impact on trade.
10 The government is trying hard to revive the economy and attract foreign
_______________ .