Ex. 1. Put the words in the box into the sentences given below.
| job poverty income to hire price well-being to charge inflation |
1. When _________________ comes in at the door, love flies out of the window
2. The farmer couldn’t _____________a much higher price because no one would buy his rice.
3. She was working at two__________________.
4. They live beyond their ___________________.
5. Shops often reduce their prices at certain time of a year.
6. He's the person responsible for ____________ people in the organization.
7. The rate of ___________________ in our country is rather low.
8. _______________ of the population of a country depends upon the growth of nation’s output.
Ex. 2. Match the words with their definitions.
| _____ income | a) the condition of being without adequate food, money, etc |
| _____ inflation | b) the totality of social relationships among organized groups of human beings or animals |
| _____ GNP | c) the amount of monetary or other returns, either earned or unearned, accruing over a given period of time |
| _____ poverty | d) the price paid or required for acquiring, producing, or maintaining something, usually measured in money, time, or energy |
| _____ facilities | e) the cost at which anything is obtained |
| _____ prosperity | f) a progressive increase in the general level of prices |
| _____ society | g) the total value of all final goods and services produced annually by a nation |
| _____ cost | h) the means or equipment facilitating the performance of an action |
| _____ price | i) success or wealth |
Ex. 3. Group the following words into eight synonymous groups.
| aggregate shelter decide whole | output chief welfare settle | area lodging major production | big total field well-being | prosperity product gross main | determine huge sphere housing |
Ex. 4. Replace the words in italics by synonyms from exercise 3.
1. Macroeconomics deals with aggregat e employment and unemployment.
2. The key to prosperity in an economy is steady growth in national output.
3. Macroeconomics deals with economic factors such as total national output and income,...
4. Economics is divided into two major branches: macroeconomics and microeconomics.
5. Microeconomics theory is used widely in many areas of applied economics.
Ex. 5. Match the verbs in the left column with the nouns in the right column.
| to improve to charge to produce to form to construct to consume to smoke to build to employ to hire to knit to determine | cars the demands people a road the well-being the price things the T-shirt national output the bacon factors of production the housing |
Ex. 6. Form the word-combinations with the help of the preposition “of”, using the words
