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LET'S UNLOCK WORDS AND PHRASES 🔐
inflation
[ in-'fley-shuhn ]
noun
The government managed to control inflation by the fixing of wages and prices.
currency
[ 'kur-uhn-see]
noun
Inflation made the official currency worthless, so people resorted to barter.
consumer
[ kuhn-'soo-mer ]
noun
The consumer made informed choices by researching product reviews before making a purchase online.
high inflation
phrase
The high inflation meant that families had to carefully budget their expenses to cope with the increasing cost of living.
get stuck
idiom
Many fixed-income earners are getting stuck in a financial bind
LET'S READ! 📖
Direction: Read the passage aloud. Then, read it silently.
COMPREHENSION CHECK 🧠
A. Directions: Identify if the statements are TRUE of FALSE. If the statement is FALSE, provide the correct answer.
-
The rise of inflation is measured in percent.
-
One cause of inflation is when the end product becomes more expensive and has to be sold at a lower price.
-
A country cannot always control the prices of certain goods as it would like to.
-
Some economists say that central banks do enough to control how much money there is in a country.
-
High inflation leads to uncertainty in the population.
B. Direction: Answer the following questions based on the article.
-
Generally, when does inflation happen?
-
What makes people borrow money to buy houses or cars?
-
In the past, when did inflation happen?
-
Who controls interest rates and makes it difficult for people to get loans and have more money?
-
What are the effects of inflation in the governments?
C. Direction: Match the words in column A with their synonyms in column B.
| A | B |
|---|---|
1. economy | a. jobless |
2. loans | b. market |
3. goods | c. debts |
4. crisis | d. products |
5. unemployed | e. difficulty |
LET'S RECAP! 📝
1. Which new words/phrases were easiest to remember? Give three.
どの語句/文が覚えやすかったですか？３つ挙げてください。
2. Which words/phrases were you having a hard time to speak/understand? Give three.
どの語句/文が話したり理解するのに難しかったですか？３つ挙げてください。
inflation
[ in-fley-shuhn ]
noun
The government managed to control inflation by the fixing of wages and prices.
currency
[ kur-uhn-see]
noun
Inflation made the official currency worthless, so people resorted to barter.
consumer
[ kuhn-soo-mer ]
noun
The consumer made informed choices by researching product reviews before making a purchase online.
high inflation
phrase
The high inflation meant that families had to carefully budget their expenses to cope with the increasing cost of living.
get stuck
idiom
Many fixed-income earners are getting stuck in a financial bind