2019-11-04 TOEFL: test, business vocab

Greg Malivuk
[email protected]
http://www.pastebin.com/u/gmalivuk - notes from all classes
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History of Cats TED-Ed
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Reading practice test (ETS 1.1) - Take 60 minutes to answer the questions about all three passages.
Submit your answers online when you’re finished.
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19 - vocabulary - D (The point is that the paintings are alone on bare rock walls with no other images or decoration.)
14 - summary - C D E
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BREAK
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2 - inference - B (If they need to move out of the highlands to survive in the winter, it must be because food isn’t available there.)
29 - vocabulary - B (“grow up” is something people do when they mature and become adults)
32 - paraphrase - C (A is false, B doesn’t mention petroleum, D doesn’t mention temperature and pressure)
37 - vocabulary - B (A slope is an incline.)
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Vocbulary: Business and Economics
Handout - match each word (bolded in the sentences) to its definition
1 V (economic - adj, economist - n)
2 K
3 D
4 G (inflate - v, inflationary - adj; opposite is “deflation”)
5 V
6 C
7 L (capitalize - v, capitalization - n, capitalist - n, capitalism - n)
8 R (invest - v, investment - n)
9 S (shareholder - n)
10 T (budgetary - adj)
11 J (allocation - n)
12 O
13 M (generation - n, generator - n)
14 P (profitable - adj, profitability - n)
15 I (measurement - n)
16 U
17 N (promotion - n, promoter - n)
18 H (market - v, marketing - n, marketable - adj)
19 Q
20 A
21 F (competition - n, competitor - n, competitive - adj; Any time two or more entities have the same goal, which they can’t both get, it’s a competition.)
22 D (consume - v, consumption - n, consumerism - n)
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Collins p. 45 part A - Replace the italic words with words from the other handout.
1 a compete
  b consumer
2 a budget
  b economy
3 a investors
  b capital
4 a measured
  b output
5 a Inflation
  b crisis
6 a sector
  b generates
7 a firms
  b promote
8 a demand
  b supply
part B
1 promoting
2 firm
3 consumers
4 market
5 competitive
6 demand
7 profit
8 budget
9 allocated
10 supply
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What is the difference between these pairs of words?
lend/borrow
	lend = give temporarily
	borrow = take temporarily
loan/mortgage
	loan = money borrowed from a bank (with a specific repayment plan)
	mortgage = loan for the purpose of buying a house or other real property
debt/debit
	debt = the amount of money owed to someone else
	debit = remove an amount of money from the balance of an account
wage/salary
	wage = amount of money earned per hour of work
	salary = amount of money earned per year (not directly tied to hours worked)
shares/stocks
	shares = individual units of a company’s stock
	stocks = a collection of stocks from different companies (e.g. on the stock market)
worthless/priceless
	worthless = with no (or negligible) value; you could just throw it in the garbage and be done
	priceless = with so much (possibly non-monetary) value that you can’t put a price on it