Talking about the economy in English 3

QUESTIONS:
(Choose the best response for each one)


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

2. FedEx cut its earnings __________________________ for the first quarter of 2009. = FedEx plans to make less than expected in the first quarter of 2009.
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 at http://www.businessenglishsite.com/talking-about-the-economy3.html