Lesson 3 Finance; Mid term

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population
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all the people who live in a particular area, city or country
gross domestic product
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the total value of all the goods and services produced by a country in one year
GDP grew 5.8 percent in the first quarter.
growth rate
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a measurement of the speed of growth
pol. tempo wzrostu
interest rates
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is the amount of interest due per period, as a proportion of the amount lent, deposited or borrowed
pol. stopa procentowa
unemployment rate
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a measurement of how many people is unemployed
inflation
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a general rise in the prices of services and goods in a particular country
exchange rate
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the value of one currency for the purpose of conversion to another.
balance of trade
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the difference in value between a country's imports and exports.
to increase/ rise/ go up
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to become greater in size
to decrease/ fall/ go down/ drop
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to become smaller in size
slightly
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a little
a slightly different version
steadily
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gradually and in an even and regular way
The company's exports have been increasing steadily.
sharply
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suddenly and by a large amount, in a way that clearly shows the differences between two things
The temperature drops sharply at night.
steeply
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suddenly and by a large amount
pol. stromo
Prices rose steeply.
dramatically
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very suddenly and to a very great and often surprising degree
Prices have fallen dramatically.
to level off
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​to stop rising or falling and remain horizontal
Sales have levelled off after a period of rapid growth.
to rocket
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to increase very quickly and suddenly
Unemployment has rocketed up again.
to surge
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to suddenly increase in value
Share prices surged.
to reach a peak
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to reach a maximum (as of capacity, value, or activity)
to plunge
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to decrease suddenly and quickly
Stock markets plunged at the news of the coup
to fluctuate
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​to change frequently in size, amount, quality, etc., especially from one extreme to another
fluctuating prices
to recover (sth)
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to get back the same amount of money that you have spent or that is owed to you
He is unlikely to ever recover his legal costs.
to hit a low
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to be at the lowest point

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