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III. In each sentence choose one or more appropriate words.

1. Harry gains/gets/makes over £20 000 a year.

2. Mary was awarded a grant/scholarship/subsidy to study child psychology.

3. How much did you give/pay/take for your new car?

4. Their house fetched/produced/sold for a lot more than they expected.

5. I'm going to the bank to get out/remove/withdraw the money for the rent.

6. The manager disappeared with the receipts/takings/wages from the concert.

7. By the time Kate retired she was a fortunate/prosperous/wealthy businesswoman. 8. We had a good holiday but it was rather costly/expensive/valuable.

9. We would appreciate it if you would close/settle/pay your bill as soon as possible, 10. Unfortunately the old painting I found turned out to be priceless/ valueless/ worthless.

IV. Choose the most suitable word or phrase.

1. I inherited £10 000 in my uncle's................

a. legacy b. inheritance c. will d. testament

2. The...............price is always lower than the retail price.

a. wholesale b. bargaining c. cut d. budget

3. I still have three more...............to pay on my motorbike.

a. shares b. donations c. instalments d. contributions

4. We had to give the customs official a...............not to inspect our suitcases.

a. fee b. reward c. bonus d. bribe

5. After my business failed, I was declared...............by the court.

a. profitless b. bankrupt c. insignificant d. uneconomical

6. As soon as you buy a car, it starts falling in................

a. cost b. worth c. value d. price

7. A multinational company has made a/an...............to take over our firm.

a. bid b. venture c. investment d. estimate

8. We demanded pay rises to take account of the...............of inflation.

a. figures b. percentage c. price d. rate

9. Things are going well. In fact, business is................

a. soaring b. booming c. leaping d. rolling

10. I...............you don't make as much profit this year!

a. assure b. challenge c. bet d. doubt

V. Put each of the following words or phrases in its correct place in the passage below.

status image welfare state mercenary

affluence acquisitive motivated spiritual

priorities materialistic idealism status-symbols

People nowadays have more money, and some say this new (a) ___ has made people more (b) ___, which means they place too much importance on money, comfort and luxury goods, and more (c) ___, which means they want to buy, own, possess more and more. We are not only money-oriented but also over-concerned with social and professional (d) ___. We care too much about our (e) ___, how other people see us. We like to own (f) ___ like unnecessarily fast cars, the latest hi-fi equipment, fashionable clothes. Another factor is that many of us now live in a (g) ___, in which all our basic needs are provided by the government. In fact, care for those in need is now so highly organized that there is less scope for personal (h) ___. What can a mere individual do to improve the world? But is the picture so black? Are we really reduced to being (i) ___ creatures, (j) ___ only by money? Perhaps it is time we examined our (k) ___ and decided what is really important in life. Perhaps we should try to find self-fulfilment by exploring our capabilities and finding satisfaction in the (l) ___ aspects of life: an appreciation of art and nature, service to others, the improvement of our minds.

Coins, notes and banks