INDICATORS 2 BUSINESS VOCABULARY IN USE

 

BUSINESS VOCABULARY IN USE 39. INDICATORS 2

 

A Going up You use a number of verbs to describe amounts or figures going up B Going down You also use a number of verbs to describe amounts or figures going down C Peaks and troughs If a figure rises to a level and then stops rising, remaining at that level, it levels off and remains steady and stable. If a figure reaches its highest level-a peak- and then goes down, it peaks at that level. If it reaches its lowest level – a trough – and then bottoms out, it falls to that level and then starts rising again. D Boom and bust Demand is the amount of goods and services that people want in a particular period. A boom is when there is rising demand, and other indicators are strong. Stagnation is when the economy is growing slowly, or not at all. Stagflation is when slow growth is combined with prices that are increasing fast. Recession is a period when there is negative growth, a period when the economy is producing less. A slump is a very bad recession. A depression is a very bad slump. EXERCISES 39.1 Look at these headlines containing words from A and B opposite and say whether the statements about them are true or false. 39.2 Complete the crossword with expressions from C and D opposite. Across 1. The worst people economic situation. (10) 5. Inflation _________ when it reaches its highest level. (5) 9. When unemployment stays at its highest it  _________. (6,3) 10. When output starts rising from its lowest level it _________. (7,3)

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