Deck 5: Money Talk

Question 1

Fill in each blank with one of the words from the chapter
fiscal
lucrative
revenues
compensated
cartel
extravagance
entrepreneurs
prosperous
deficit
endowments
When the economy is booming, the sale of luxury items like boats, furs, and jewelry can be a
business, but when the economy takes a downturn so do profits.

Answer 1

lucrative

Question 2

Prosper means

A)to be financially successful
B)to be in debt
C)to be charitable

Answer 2

A

Question 3

Extravagance means

A)being careful with money
B)being heavily in debt
C)given to spending money wildly

Answer 3

C

Question 4

Fiscal means

A)financial
B)spending money wildly
C)thrifty

Question 5

Fill in each blank with one of the words from the chapter
fiscal
lucrative
revenues
compensated
cartel
extravagance
entrepreneurs
prosperous
deficit
endowments
When it came to government spending, the senator liked preaching about
responsibility, but he himself was a well-known spendthrift.

Question 6

Fill in each blank with one of the words from the chapter
fiscal
lucrative
revenues
compensated
cartel
extravagance
entrepreneurs
prosperous
deficit
endowments
After the September 11, 2001, terrorist attacks in New York and Washington, all Americans wanted to buy patriotic symbols; as a result, the of flag manufacturers increased dramatically.

Question 7

Endow means

A)to donate
B)to create
C)to profit

Question 8

Fill in each blank with one of the words from the chapter
fiscal
lucrative
revenues
compensated
cartel
extravagance
entrepreneurs
prosperous
deficit
endowments
Most teachers are not adequately for all their hard work.

Question 9

Deficit means

A)tax
B)interest on an investment
C)loss

Question 10

Lucrative means

A)profitable
B)wasteful
C)cheap

Question 11

Fill in each blank with one of the words from the chapter
fiscal
lucrative
revenues
compensated
cartel
extravagance
entrepreneurs
prosperous
deficit
endowments
Microsoft founder and chairman Bill Gates is the most man in America, worth over $50 billion.

Question 12

Compensation means

A)financial success
B)payment
C)debt

Question 13

Fill in each blank with one of the words from the chapter
fiscal
lucrative
revenues
compensated
cartel
extravagance
entrepreneurs
prosperous
deficit
endowments
The Organization of Petroleum Exporting Countries (OPEC) is a of eleven countries who together control oil production to influence its price.

Question 14

Fill in each blank with one of the words from the chapter
fiscal
lucrative
revenues
compensated
cartel
extravagance
entrepreneurs
prosperous
deficit
endowments
His had put him into terrible debt, yet he kept on throwing money away.

Question 15

Fill in each blank with one of the words from the chapter
fiscal
lucrative
revenues
compensated
cartel
extravagance
entrepreneurs
prosperous
deficit
endowments
Government spending is exceeding the amount collected from taxes, so there will be a budget
for the next several years.

Question 16

Fill in each blank with one of the words from the chapter
fiscal
lucrative
revenues
compensated
cartel
extravagance
entrepreneurs
prosperous
deficit
endowments
Successful must enjoy taking risks and working long hours as they build new businesses.

Question 17

Cartel means

A)the amount of money invested in a new business
B)a person who donates money to an organization
C)a group of businesses that controls the production and price of a product

Question 18

Entrepreneur means

A)a group of businesses
B)a person responsible for a business
C)the amount of profit in a business

Question 19

Revenue means

A)income
B)expenses
C)possessions

Question 20

Fill in each blank with one of the words from the chapter
fiscal
lucrative
revenues
compensated
cartel
extravagance
entrepreneurs
prosperous
deficit
endowments
Many colleges and universities encourage corporations to give big enough to fund wings of buildings.