ECONOMY QUIZ

MATCH THE WORDS AND PHRASES TO THIR DEFINITION

• an expensive mineral like gold, silver and platinum

• INVESTOR

• what people will generally pay for something

• RECESSION

• parts of a publicly owned business which can be bought and sold

• MARKET VALUE

• when the economy gets smaller

• PRECIOUS METAL

• a person who puts money into something to make a profit

• STOCKS AND SHARES

MATCH THE WORDS AND PHRASES TO THEIR DEFINITION

• INTEREST RATE

• putting money into something to make a profit

• RETURN ON INVESTMENT

• the percentage that bank charges you when you borrow money, or what it pays you when you keep money in an account

• INVESTMENT

• profit

The article looks at the performance of two different ways of (1) ​ (a)   ​​ ​​ your money: gold, and (2)​ ​ ​ (b)   . Although gold (3)​ ​ (c)   have risen considerably over the period discussed, the best way to make use of and (4)​​ (d)   your investment appears to be buying classic cars. From the cars shown on the graph, the Aston Martin DB5 saloon provides the biggest (5)​ ​ (e)   on investment at 3,000%.

• investing
• classic cars
• prices
• enjoy
• return
• investment
• risky
• fashion

However, the best (6) ​ (a)   ever seems to be the James Bond car, which is now worth an unbelievable €1.5m. When investing in classic cars, you should remember that it is a (7) ​ (b)   business and changes in (8)​ (c)   mean that choosing the right car is difficult.

• investment
• risky
• fashion

APPROXIMATELY HOW MUCH DID GOLD COST ER OUNCE FOR THE FIRST THREE YEARS OF THE DECADE? (IN POUND)

WHAT DID THE PRICE OF GOLD RISE TO (APPROXIMATELY) IN THE SECOND HALF OF 2005? (IN POUND)

AT ITS PEAK IN LATE 2011, APPROXIMATELY HOW MUCH DID GOLD COST? (IN POUND)

HOW MUCH IS IN OUNCE OF GOLD EXPECTED TO COST IN 2020?

HOW MUCH DID A FERRARI DINO 246 COST 1980?

WHAT IS A MERCEDES BENZ 300 SL WORTH NOW? (IN POUND)