Money/ business and consumerism (Difficult) Quiz Home › IELTS › IELTS English Vocabulary › Money/ business and consumerism (Difficult) 📝 IELTS – English Vocabulary – Money/ business and consumerism – Difficult 20 questions · 15 min timer · Explanations included · Free 1. Which term describes a situation where a market is dominated by a small number of firms? Monopoly Oligopoly Cartel Duopoly None 1 out of 20 2. What does 'inflation' refer to in an economic context? A decrease in the general price level of goods and services An increase in the general price level of goods and services A stable price level over time A temporary fluctuation in prices None 2 out of 20 Loading questions... 3 out of 20 Loading questions... 4 out of 20 Loading questions... 5 out of 20 Loading questions... 6 out of 20 Loading questions... 7 out of 20 Loading questions... 8 out of 20 Loading questions... 9 out of 20 Loading questions... 10 out of 20 Loading questions... 11 out of 20 Loading questions... 12 out of 20 Loading questions... 13 out of 20 Loading questions... 14 out of 20 Loading questions... 15 out of 20 Loading questions... 16 out of 20 Loading questions... 17 out of 20 Loading questions... 18 out of 20 Loading questions... 19 out of 20 Loading questions... 20 out of 20 Click Submit to see your final score! Previous Start Quiz Next Time's upTime is Up!
