Central bank - Vocabulary
Each sentence below is followed by a question. There are four options for each question. Tap the correct answer.
Question 1 out of 15
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 |
