Exercise
Economics & Finance Context Clues
Practice identifying the meanings of economic and financial terms using context clues. Enhance your reading comprehension across passages about money, markets, and finance.
Questions
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MultiChoice
Based on the sentence: 'Inflation caused grocery store prices to steadily rise over the year,' what is 'inflation'?
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MultiChoice
Based on the sentence: 'When the supply of apples was plentiful, store prices remained low,' what does 'supply' mean?
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MultiChoice
Based on the sentence: 'High customer demand for the new video game caused store shelves to empty quickly,' what is 'demand'?
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MultiChoice
Based on the sentence: 'Creating a monthly budget allowed the family to track income and limit spending,' what is a 'budget'?
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MultiChoice
Based on the sentence: 'The bank paid interest on the savings account, adding money to her balance,' what is 'interest' in finance?
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MultiChoice
Based on the sentence: 'The bakery's total sales revenue reached ten thousand dollars this month,' what is 'revenue'?
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MultiChoice
Based on the sentence: 'The yen is the official paper currency used in Japan,' what is 'currency'?
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MultiChoice
Based on the sentence: 'Purchasing property was a wise investment that increased in value over time,' what is an 'investment'?
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MultiChoice
Based on the sentence: 'Because one company controlled all electric service with no rivals, it held a monopoly,' what is a 'monopoly'?
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MultiChoice
Based on the sentence: 'Severe drought caused a scarcity of clean drinking water in the town,' what is 'scarcity'?
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MultiChoice
Based on the sentence: 'Borrowing money from the bank created a debt that had to be repaid,' what is 'debt'?
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MultiChoice
Based on the sentence: 'After subtracting all costs, the lemonade stand made a net profit of twenty dollars,' what is 'profit'?