English Lessons

Vocabulary Flashcards and Quiz of Technical Support: Explaining an Economic Issue – English for Economist – Medium Level

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by

Michael Carter
in
Inflation
When prices of goods and services rise.
Demand
How much people want to buy.
Supply
The amount of goods available.
Interest rate
Cost to borrow money from banks.
Government
The group that makes laws and rules.

Click a card to flip it and reveal the meaning.

2. Match the words with their meanings
Inflation
Demand
Supply
Interest rate
Government
The group that makes laws and rules.
When prices of goods and services rise.
The amount of goods available.
How much people want to buy.
Cost to borrow money from banks.

Drag the cards on the right so each lines up with the correct item on the left.

3. What does “Inflation” mean?
4. What does “Demand” mean?
5. What does “Supply” mean?
6. What does “Interest rate” mean?
7. What does “Government” mean?

Practice more with this lesson: