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Match the words with their meaning






Get to know italicized words and give their definitions.

  1. He acquired his wealth in the steel industry.
  2. The government will allocate more of its budget to health care.
  3. An alternative to putting one’s savings into a bank is investing in stocks and bonds.
  4. A high tax was placed upon luxury commodities.
  5. Consumption of alcohol seems to decline during late 90-es.
  6. After Mary lost her job, she had to forego some of the luxuries she had grown accustomed to.
  7. The government enacted a law to control the sales of guns
  8. When bad weather is threatening, people tend to hoard food because they are afraid the supermarkets will be unable to get in new supplies.
  9. The telephone company is promoting a new service for its customers.
  10. Since the floods last summer, there has been a scarcity of grain products on the market.

In each set of words cross out the word that does not have a similar meaning to the first.

Acquire get obtain question
Allocate assign attract set aside
alternative   change option possibility
commodity item market product
consumption Manufacture of items Purchase of items Use of items
forego precede renounce sacrifice
enact establish represent specify
hoard accumulate exchange save
promote publicize obstruct advocate
scarcity gap lack terror

Vocabulary # 2

Get to know italicized words and give their definitions.

  1. Their investments were not attuned to their future goals.
  2. The workers conceded on salary decreases in order to retain their retirement benefits.
  3. The introduction of high quality, low cost foreign goods into the local market upset the equilibrium of the economy.
  4. Since conventional approaches were not proving successful, the company was experimenting with a completely new strategy.
  5. With recent court decisions guaranteeing their rights, that interest group is exerting more political influence.
  6. Though single-owner businesses remained profitable, their influence upon the economic policies of the city was marginal.
  7. Unfavorable reports on the new product stifled consumer interest.
  8. When interest rates at the banks are low, people have the tendency to spend their money rather than to put it into savings.
  9. Parents of college-aged children find their savings diminishing because of the high cost of university education today.

 

Match the words with their meaning

  1. attuned borderline
  2. concede exercise influence
  3. conventional inclination
  4. equilibrium equal balance
  5. exert yield, give up
  6. marginal decrease
  7. stifle in accord
  8. tendency ordinary
  9. diminish prevent, suppress

 

Vocabulary # 3






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