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. What is 'venture capital'? Loans for starting a non-profit organization Investment in a new or small business with high growth potential Government grants for research and development Funds provided by banks for purchasing real estate None 1 out of 20 2. What is 'price elasticity of demand'? The measure of how much the quantity demanded of a good responds to a change in its price The measure of the cost of production changes The measure of how much the supply of a good changes with price The measure of consumer satisfaction with a product 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 up