Money/ business and consumerism (Easy) Quiz Home › IELTS › IELTS English Vocabulary › Money/ business and consumerism (Easy) 📝 IELTS – English Vocabulary – Money/ business and consumerism – Easy 20 questions · 15 min timer · Explanations included · Free 1. What is 'inflation'? A general increase in prices and fall in the purchasing value of money. A decrease in the prices of goods and services over time. A situation where the supply of goods exceeds demand. A rise in the unemployment rate. None 1 out of 17 2. What is a 'joint venture'? A business arrangement where two or more parties agree to pool their resources for a specific task. A merger between two companies. A type of loan offered by banks. A government policy to support small businesses. None 2 out of 17 Loading questions... 3 out of 17 Loading questions... 4 out of 17 Loading questions... 5 out of 17 Loading questions... 6 out of 17 Loading questions... 7 out of 17 Loading questions... 8 out of 17 Loading questions... 9 out of 17 Loading questions... 10 out of 17 Loading questions... 11 out of 17 Loading questions... 12 out of 17 Loading questions... 13 out of 17 Loading questions... 14 out of 17 Loading questions... 15 out of 17 Loading questions... 16 out of 17 Loading questions... 17 out of 17 Click Submit to see your final score! Previous Start Quiz Next Time's upTime is Up!