Money/ business and consumerism (Easy) Quiz Home โบ IELTS โบ IELTS English Vocabulary โบ Money/ business and consumerism (Easy) ๐ IELTS – English Vocabulary – Money/ business and consumerism – Easy 20 questions ยท 15 min timer ยท Explanations included ยท Free 1. What does 'outsourcing' mean? The practice of hiring external firms to handle business activities. The process of selling products to foreign markets. The reduction of workforce within a company. The increase of production within a company. None 1 out of 17 2. 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 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!