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Economics- fill in the gaps

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Economics- fill in the gaps

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Economics- fill in the gaps

Created by

Judit Mészáros
Judit Mészáros
Hungary

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Economics- fill in the gapsOnline version

Economics- fill in the gaps

by Judit Mészáros
1

When the general level of prices rises , we call this .

When prices grow very slowly , economists speak of a low rate of in prices .

When money buys less than before , the power of a currency declines .

When too much spending pushes prices up , it results in - pull inflation .

When production costs increase and companies raise prices , it is cost - inflation .

2

Governments try to maintain full by supporting job creation .

Lowering is one method used to stimulate the economy .

When production and employment rise , we speak of an expanding .

A sudden oil crisis is an example of external .

A government that spends more than it earns has a budget .

During an inflationary spiral , and prices keep rising .

Extreme inflation can turn into iflation or even galloping inflation .

3

A slow and continuous rise in prices is known as inflation .

When prices grow faster than incomes , standards may fall .

Banknotes and coins accepted by law are considered legal .

Money allows people to settle .

When supply cannot meet demand , prices often .

A graph showing how much consumers buy at different prices is a demand .

A company providing goods to others is a .

High inflation reduces the value of people ? s .

4

After the company went bankrupt , they decided to start in a new country .

The stock is currently trading far below its value ? it ? s a bargain .

Police cars the suspect for over 30 kilometres .

Bad weather was a serious to the outdoor event .

She ? s a typical : energetic , brave , and a little impatient .

5

Whatever he says about politics , you have to take it with a of salt .

I got this vintage jacket for just £2 at a sale .

Currency exchange rates wildly these days .

The Wall Street crash of 1929 marked the beginning of the Great .

The Bretton Woods Conference in 1944 established the IMF and the World .

Flexible working hours are one of the greatest of this job .

The experiment failed twice ; , we had to change the method completely .

6

In programming , a subclass receives an value from its parent Whatever he says about politics , you have to take it with a pinch of .
Gold has real value ; most cryptocurrencies do not .
The company continues to an aggressive expansion strategy .
Early retirement can be a real for people who love travelling .

 
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