Money/ business and consumerism (Medium) Quiz Home › IELTS › IELTS English Vocabulary › Money/ business and consumerism (Medium) 📝 IELTS – English Vocabulary – Money/ business and consumerism – Medium 20 questions · 15 min timer · Explanations included · Free 1. What does 'venture capital' refer to? Government grants for research and development. Funds provided by banks for established businesses. Investment in new or small businesses with high growth potential. Loans for purchasing real estate. None Show Hint Venture capital is funding provided to startups and small businesses with perceived long-term growth potential. Option A describes traditional bank loans. 2. What is 'gross domestic product' (GDP)? The total exports of a country. The total income of all residents in a country. The total imports of a country. The total value of goods and services produced in a country. None Show Hint GDP measures the total value of all goods and services produced over a specific time period within a country. Option B refers to national income. Loading questions... Loading questions... Loading questions... Loading questions... Loading questions... Loading questions... Loading questions... Loading questions... Loading questions... Loading questions... Loading questions... Loading questions... Loading questions... Loading questions... Loading questions... Loading questions... Click Submit to see your final score! Previous Start Quiz Next Time's up
