eng_tests

2.

Economists like to make theories.

a) they

b) she

c) he

3.

The government puts higher taxes on petrol.

a) you

b) it

c) they

4.

In some parts of Africa the traditional economy still exists.

a) it

b) he

c) you

5.

People consume almost everything they produce.

a) he

b) it

c) they

6.

Aristotle did not use the word economics.

a) it

b) you

c) he

7.

In the traditional economy men are hunters & farmers.

a) I

b) they

c) he

8.

Microeconomics looks at how the details of the economy work.

a) it

b) you

c) they

9.

Some shops won’t accept credit cards.

a) they

b) it

c) we

10. Inflation can happen for a number of reasons.

a) they

b) it

c) you

a) its

b) their

c) her

4.

She explain how she had lost _______ job.

a) my

b) your

c) her

5.

A nation’s wealth depended on _______ owning precious metals.

a) its

b) my

c) their

6.

Merchants were people who made _______ money through the

buying and selling goods.

a) his

b) your

c) their

7.

When you have collected the evidence, you are ready to test

_______ theory.

a) —

b) your

c) its

8.

Each good has _______ own utility value for the consumer.

a) their

b) its

c) my

9.

The price of goods is not always the same as _______ real cost.

a) their

b) its

c) my

a) her

b) its

c) their

1.

The tourist office has _______ about hotel accommodation.

a) information

b) informations

2.

No news _______ good news.

a) is

b) are

1 3

3.

Money _______ the world go round.

a) make

b) makes

4.

Economics _______ my favourite subject at the Institute.

a) is

b) are

5.

What _______ the government going to do about the problem of

homelessness.

a) is

b) are

6.There _______ $ 30 in my wallet, but now it’s gone.

a) was

b) were

7.

How much _______ jeans?

a) is this

b) are these

8.

Have _______ arrived yet?

a) businessmen

b) a businessman

9.

Many students get _______ at colleges and universities.

a) knowledge

b) knowledges

10. Cash _______ money in the form of banknotes and coins.

a) are

b) is

1.

In a planned economy, _______ wages depend on the service they

provide to society.

a) workers’

b) workers

2.

_______ salary mostly depends on the demand for his or her work.

a) Someone

b) Someone’s

purchase.

a) economists

b) economists’

a) consumer

b) consumer’s

6.

The demand is the _______ need for labour.

a) employers’

b) employers

7.

The _______ financial plans are embodied in its annual budget.

a) government

b) government’s

8.

He had a _______ holiday last summer.

a) month’s

b) month

9.The _______ cargo consisted of wheat and barley.

a) Neva’s

b) Neva

10. My elder brother _______ son is a top manager.

a) Peter

b) Peter’s

1.

The US has a _______ domestic market than Portugal.

a) bigger

b) more big

2.

If one company has a much _______ share than any other, it can

affect price.

a) the largest

b) larger

1 5

3.

There are companies which need a lot of money to set up but

much _______ money to run.

a) little

b) less

4.

An increase in demand can make a company push its prices even

_______ than necessary.

a) higher

b) the highest

5.

Adam Smith is one of _______ economists.

a) great

b) the greatest

6.

A house is one of the _______ things that people buy.

a) more expensive

b) most expensive

any time since the early 1970s.

a) more rapid

b) rapider

recessions.

a) more low

b) lower

10. Output stabilization

in developing countries was _______ .

a) more gradual

b) gradualer

a) are

b) is

3.

There _______ no contracts on the desk.

a) are

b) is

4.

There _______ much new equipment at the plant.

a) are

b) is

5.

There _______ a big rise in the cost of living.

a) has been

b) have been

6.

_______ there a flight to Paris this evening?

a) are

b) is

7.

There _______ nobody in the office.

a) are

b) is

8.

There _______ a lot of people in the shops.

a) were

b) was

9.

The manager of the company is leaving, so there _______ a new

manager soon.

a) will be

b) is

10. There _______ 5, 000 employees in our company.

a) are

b) is

1. Our manager _______ in the office all day.

a) stay

b) stays

c) is staying

1 7

2.

As a rule I _______ customers in the evening.

a) meet

b) meets

c) am meeting

3.

We usually _______ our work at 6.

a) finishes

b) finish

c) are finishing

4.

He often _______ to London.

a) go

b) goes

c) is going

5.

They _______ customers in different cities.

a) have got

b) has got

c) are having

6.

We don’t _______ out at weekends.

a) goes

b) go

c) are going

7.

After lunch the secretary _______ letters to different companies.

a) write

b) is writing

c) writes

8.

I _______ my chief tomorrow.

a) meet

b) am meeting

c) meets

rapid answer.

a) is dealing

b) deals

c) deal

10. The office _______ at 6 p.m. on weekdays.

a) is closing

b) closes

c) close

a) take

b) takes

c) is taking

3.

Now he _______ in Libya on a fixed-term contract.

a) is working

b) works

c) work

4.

I _______ . Can you tell Rosemary I’ll see her tomorrow?

a) am leaving

b) leave

c) leaves

5.

His company _______ profit every year but it isn’t very big.

a) is making

b) make

c) makes

increasingly concerned with healthy living.

a) are becoming

b) becomes

c) become

7.

It’s not an expensive hotel. It _______ much to stay there.

a) doesn’t cost

b) don’t cost

c) isn’t costing

8.

She’s got a new job so she _______ the firm in October.

a) is leaving

b) leaves

c) leave

9.

Our company _______ in high quality coffee.

a) is specializing

b) specializes

c) specialize

down the corridor’.

a) come

b) comes

c) is coming

2.

The company’s share prices _______ at the end of last week.

a) bounced

b) has bounced

3.

The company _______ for a 5% increase in sales last month.

a) budgeted

b) has budgeted

4.

The shares _______ a high rate of interest some days ago.

a) yielded

b) has yielded

5.

It _______ a pleasure to do business with you today.

a) was

b) has been

6.

Last year she _______ her own company and proved to be a very

good businesswoman.

a) set up

b) has set up

7.

I _______ writing the three-year business plan yet.

a) didn’t finish

b) haven’t finished

8.

I _______ a successful business trip last month.

a) had

b) have had

9.

I _______ some gas shares recently.

a) bought

b) have bought

a) used

b) has used

1. Payment _______ yesterday.

a) is received

b) was received

c) received

a) is prepared

b) are prepared

c) prepare

3.

The agent _______ by the company last week.

a) was accredited

b) were accredited

c) accredited

4.

The accumulated profit _______ forward to next year today.

a) has been carried

b) have been carried

c) was carried

5.

Our budget _______ already.

a) have been cut

b) has been cut

c) were cut

6.

Efforts _______ to reduce the prices by 10% now.

a) are being made

b) were being made

c) is being made

7.

Nowadays all the clients of the bank _______ for a financial

advisory service.

a) are provided

b) were provided

c) provided

8.

The shares _______ on the American Stock Exchange next week.

a) will be floated

b) were floated

c) is being floated

9.

Soon the financial results _______ at the annual general meeting.

a) will be announced

b) will announce

c) announce

10. The shipment may _______ .

a) be delayed

b) was delayed

c) were delayed

a) is used

b) are used

c) used