AULAFYCurso abierto de inglés C1
HomeCourseEconomy, Money & ConsumptionUse of English
Economy, Money & ConsumptionL07
use_of_english

Use of English

Transformation, word formation and precision work in Cambridge C1 style.

50 minC1c1use_of_englisheconomy-money-consumptioneconomyconsumptionfinanceinflation

Lesson objectives

  • Improve grammatical precision and collocational control.
  • Practise exam-style transformations and word formation systematically.
  • Connect structure and lexis back to the unit theme of economy, money & consumption.

Unit 10: Economy, Money & Consumption

Part 1 — Word formation

Instrucciones: Complete the sentences by changing the form of the word in CAPITALS at the end of each line. Use only one word per gap.

  1. The sudden ____ of the local currency caused widespread panic among investors. DEPRECIATE
  2. Many economists argue that the current level of consumer ____ is unsustainable. CONSUME

  3. The company’s ____ growth has allowed it to dominate the global market. RELENT

  4. Despite the economic downturn, there has been a significant ____ in the demand for luxury goods. SURGE

  5. The government has introduced new measures to increase the ____ of the national budget. STABLE
  6. The sheer ____ of the retail sector's expansion caught many analysts by surprise. RAPID
  7. High levels of ____ often lead to a decrease in the overall standard of living. DEBT
  8. The sudden ____ of the market led to several major banks going bankrupt. VOLATILE

Part 2 — Key word transformations

Instrucciones: Complete the second sentence so that it has a similar meaning to the first sentence, using the word given. Do not change the word given. You must use between three and six words, including the word given. 1. The government decided to increase taxes, which surprised everyone. INCREASE → The decision to ____ taxes was unexpected. 2. "I'm sorry I didn't invest more money when the prices were low," said the trader. REGRET → The trader ___ more money when prices were low. 3. It is very likely that the inflation rate will rise next month. PROBABILITY → There is a __ that the inflation rate will rise next month. 4. We were surprised by how much the cost of living had risen. SURPRISED → We __ the rise in the cost of living. 5. The company's failure was caused by poor management. RESULT → Poor management __ the company's failure. 6. He didn't realize how much money he had spent until he checked his bank account. REALISE → Not _____ how much money he had spent until he checked his bank account.

Answer key

Part 1

  1. depreciation
  2. consumption
  3. relentless
  4. surge
  5. stability
  6. indebtedness
  7. volatility

Part 2

  1. increase taxes
  2. expressed regret at not investing
  3. high probability
  4. were surprised by
  5. resulted in
  6. realising how much money he had spent