Exercise 4

Choose the right answer.

1. When you retire at the age of sixty-five, you receive a(n) …. from the government.

a) allowance b) fine c) grant d) pension

2. If production in the factory exceeds the target, the workers get a ……..

a) bonus b) donation c) gratuity d) premium

3. Income tax is related to one’s annual ………

a) allowance b) wages c)income d) bonus

4. The kidnappers demanded a ….. of $1,000,000.

a) aid b) allowance c) ransom d) reward

5. A salesman is paid …… on the goods he sells.

a) commission b) percentage c) provision d) salary

6. The President admitted taking ……. and had to resign.

a) bribes b) fees c) fines d) premiums

7. Mr Rich earns $8,000 a month…… and $5,000 a month net.

a) bulk b) gross c) mass d) wholesale

8. You can only ……. this postal order at a post office.

a) alter b) cash c) exchange d) pay

9. Mrs Unemployed is finding it difficult to pay the …… on her insurance policy.

a) bonuses b) fees c) fines d) premiums

10. Our company made a record …… last year.

a) benefit b) earn c) profit d) winning

11. While you are away from the office on business trips, you will be given a daily …… of $50 towards meals and accommodation.

a) allowance b) fine c) permit d) reward

12. I hate the beginning of each year when all the ……. start coming in and I have to find the money to pay them all.

a) accounts b) bills c) receipts d) fines

13. For some jobless people, joining the …….queue is a humiliating experience.

a) benefit b) dole c) grant d) ration

14. Every Friday Fred ….. money out of the bank.

a) cashed b) drew c) robbed d) stole

15. It’s a good school, but the ……. are rather high.

a) fares b) cost c) fees d) pay

Exercise 5

Is the ordinary 'person-in-the-street' pleased to see these newspaper headlines or not?

Mortgage rate goes up Wages to be frozen Pension age raised

Interest rates down VAT to be reduced NUMBER ON DOLE RISES