15. TEST 1 – MONEY & BANKING 01

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

• allowance

• fine

• pension

• grant

If production in that factory exceeds the target, the workers get a _____.

   

• bonus

• donation

• gratuity

• premium

Income tax rates is _____ to one’s annual income.

• associated

• based

• related

• dependent

The _____ of living has risen by 25% in the last six months.

• expenditure

• cost

• expense

• price

The kidnappers demanded a _____ of $1,000,000.

  

• fine

• penalty

• reward

• ransom

The going _____ for the job is $7 an hour.

• pay

• rate

• price

• wage

When you buy a house you can claim tax _____ on the mortgage.

  

• aid

• assistance

• relief

• benefit

You can _____ your basic wage by working longer hours.

     

• effect

• help

• implement 

• supplement

A salesman is paid a _____ on the goods he sells.

• percentage

• commission

• provision

• salary

The President admitted taking _____ and had to resign.

   

• bribes

• fees

• fines

• premiums