Examination + Other Topics 13

Hanoi University of Industry
Foreign language Department
Final Test
Time allowance: 60’

Full name:…………………………………………..
Date of Birth:………………………………………
Class:……………………………………………..

Score: / 50


Section A: Grammar and Vocabulary ( 40 points)
Question 1-30 : Choose the correct answers that best complete the following sentences. Write your answers on your answer sheet.
1. In a market system, everything has a………………
a.value
b.price
c.quality
d.quantity

2. Buyers and sellers of a community in a market ……………to determine its price and quantity.
a.interact
b.exchange
c.buy
d.sell

3.The classical………….of the production are land, labor and capital.
a.three
b.third
c.factors
d.triad

4…………..provide important signals to market participants.
a.Products
b.Quality
c.Values
d.prices


5.A factor of the production is an ……….. .
a.output
b.land
c.input
d.capital

6……………study overall economic trends.
a.Economics
b.Markets
c.Market capitalism
d.Macroeconomics

7.Macroeconomics has………………..tools of macroeconomics policies.
a.one
b.two
c.three
d.four

8. Macroeconomics performance is a …………. factor affecting the success or the failure of nations.
a.major
b.main
c.central
d.official

9.Countries that grow rapidly and without major……………….are admired.
a.recession
b.balances
c.inflation
d.imbalances

10.A ………can have major impact on its economic performance through its economics policies, fiscal policy and monetary policy.
a.nation
b.country
c.company
d.government


11. In a market system, everything has a………………
a.value
b.price
c.quality
d.quantity

12. Buyers and sellers of a community in a market ……………to determine its price and quantity.
a.interact
b.exchange
c.buy
d.sell

13.The classical………….of the production are land, labor and capital.
a.three
b.third
c.factors
d.triad

14…………..provide important signals to market participants.
a.Products
b.Quality
c.Values
d.prices


15.A factor of the production is an ……….. .
a.output
b.land
c.input
d.capital

16……………study overall economic trends.
a.Economics
b.Markets
c.Market capitalism
d.Macroeconomics

17.Macroeconomics has………………..tools of macroeconomics policies.
a.one
b.two
c.three
d.four

18. Macroeconomics performance is a factor ……the success or the failure of nations.
a.affected
b.affect
c.affecting
d.affects

19.Countries that grow rapidly and without major……………….are admired.
a.recession
b.balances
c.inflation
d.imbalances

20.A ………can have major impact on its economic performance through its economics policies, fiscal policy and monetary policy.
a.nation
b.country
c.company
d.government

21…………… policy is government spending and taxing.
a. Monetary
b.Economics
c.Fiscal
d.Income

22.The money supply is becoming inflated so that each unit of it becomes ……valuable.
a.more
b.less
c.higher
d.lower

23.when money is losing value, it lacks one of the necessary quantities of money -……….. value.
a.balance
b.instability
c.imbalance
d.stability

24. If in the real world our money incomes go up at the………..rate as prices, one might think inflation does not matter.
a.high
b.low
c.same
d.different

25.Inflation ……………..comsumer spending and discourages saving.
a.changes
b.increases
c.stimulates
d.limits

26.An economy that grows too quickly can be a ………….thing.
a.good
b.better
c.bad
d.worse

27.Inflation is usually …………during times of economic chaos.
a.lowest
b.highest
c.high
d.low

28.Inflation begins to rise in a ……….economy.
a.good
b.stable
c.booming
d.healthy

29.The ……….in prices usually leads workers to ask for increasingly higher wages.
a.decrease
b.imbalance
c