| 1. If you borrow money from a bank, the extra money you have to give back is called - |
| quids in |
interest |
taxes |
loan sharking |
right |
wrong |
| 2. The amount of extra money you have to give back depends on the - |
| quid level |
interest rate |
tax band |
shark attack |
right |
wrong |
| 3. A written record of an official meeting is called the - |
| discussion |
verbatim |
recording |
minutes |
right |
wrong |
| 4. The institution responsible for much of British policy on money is the - |
| British Bank |
High Street Bank |
Bank of England |
Chequers Estate |
right |
wrong |
| 5. A "half point cut" in interest rates is a cut of - |
| 0.5% |
1.5% |
5% |
15% |
right |
wrong |
| 6. Someone who wants economic growth even at the risk of inflation is called a - |
| penguin |
pelican |
duck |
dove |
right |
wrong |
| 7. Someone who wants a tough policy on money is called a/an - |
| eagle |
bat |
hawk |
vulture |
right |
wrong |
| 8. The US Federal Reserve is often called the - |
| USF res |
UFR |
Fedres |
Fed |
right |
wrong |
| 9. If people are ready to invest their money there is said to be high - |
| cashing in |
investor confidence |
exuberance |
noon trading |
right |
wrong |
| 10. When a country produces less than it used to do, this is called a - |
| dropping |
trade war |
recession |
backward |
right |
wrong |
| 11. If a market is "cooling"; this means buyers are - |
| paying more |
fashionable |
the general public |
less interested |
right |
wrong |
| 12. A colloquial term for something increasing is - |
| inflation |
to a rise |
on the up |
streaking |
right |
wrong |
| 13. If an opinion is "discounted" it is - |
| ignored |
given cheaply |
considered carefully |
one of many |
right |
wrong |
| 14. People who owe money are called - |
| felons |
owers |
debtors |
investors |
right |
wrong |
| 15. Money you borrow to buy a house is generally called a - |
| bit iffy |
mortgage |
debtors' prison |
safe house |
right |
wrong |
