Word-study

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 aggregate 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 nationaloutput 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

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