Talking about the economy in English 3

Every business professional should know how to talk about the economy. Whether things are going well, or badly, the economy is a topic that comes up very often. This exercise will help you practice some common vocabulary that is used in these types of discussions.

Choose the best response to complete each of the sentences below.

1. To cut down on spending = To __________________________ spending
  trip
  trim
  train

2. FedEx cut its earnings __________________________ for the first quarter of 2021. = FedEx plans to make less than expected in the first quarter of 2021.
  plan
  transfer
  forecast

3. Leading economic indicators show that the global recession might be __________________________. ( = getting worse)
  lowering
  deepening
  evening out

4. __________________________ measures = Measures to boost the economy
  Stimulus
  Simultaneous
  Serious

5. Many people blame the United States for keeping interest rates at an ___________________________ ( = unnaturally) low rate.
  artificially
  articulately
  auspiciously

6. Low interest rates were one of the ___________________________ factors of the current financial crisis. = Low interest rates were one of the causes of the current financial crisis.
  promising
  presupposed
  precipitating

7. A steep decline = A ____________________ fall
  dramatic
  dreary
  drab

8. A "housing __________________" refers to a rapid increase in real estate prices, followed by a sharp decline (due to people not being able to pay such high prices).
  bubble
  bobble
  babble

9. In the United States, the push to increase the availability of home loans for the economically disadvantaged was a noble cause with unintended negative ___________________________. ( = results)
  compromises
  consequences
  comforts

10. To go ___________________________ = To go bankrupt
  busted
  banked up
  bust


CHECK ANSWERS

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