Market Leader Pre Intermediate

Unit 11 – New business

1. Economic terms _________________________ pg 2

2. Time clauses _________________________ pg 3

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ECONOMIC TERMS

a. Match the economic terms to their definition.

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a. bureaucracy 1. the price at which the currency unit of one country may be exchanged for that of another

b. exchange rate 2. the rate of increase of prices

c. inflation rate 3. the total value of all goods and services produced domestically by a nation during a year. It is equivalent to gross national product minus net investment incomes from foreign nationsAbbreviation: GDP

d. interest rate 4. business or commercial dealings

e. investment 5. the number of unemployed workers, often as a percentage of the total labour force

f. labour force 6. a charge for the use of credit or borrowed money

g. gross domestic product 7. a motivating influence or stimulus for a company by decreasing or eliminating the mount of financial contribution to a government

h. trade 8. people who work for wages

i. unemployment rate 9. the amount of money invested

j. tax incentives 10. official procedures and red tape

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Handout 1: Adverbial Clauses of Time

Adverbs of time are such words as ‘before’, ‘after’, ‘when’, ‘while’, ‘until’ and ‘as soon as’ used to show the time link between two actions.

1. Complete the gaps with the time clauses

This morning, I got up __________ the alarm clock rang at 6:10 a.m. I had breakfast __________ I had brushed my teeth. I got dressed __________ I left home. I waited in the MTR station __________ the train arrived. I read a book __________ I was travelling on the train. I went to the library __________ I arrived at school.

2. Complete these sentences with the appropriate adverb of time.

1. He cleaned his teeth __________ he went to bed. 2. The ambulance arrived at the scene five minutes __________ the accident had happened. 3. __________ I am older, I want to start my own business. 4. I went straight to the hospital __________ I heard about your accident. 5. They watched the programme __________ the end even though it was not very interesting. 6. They took short breaks every half an hour __________ they were playing tennis. 7. Rebecca went to bed __________ she got home because she was so tired. 8. People should be very careful __________ they cross busy roads. 9. We cannot light the barbecue __________ the rain stops. 10. Paul found somebody’s wallet on the ground __________ he was walking to the bus stop.

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