MICROECONOMICS

The network was broadcasting four games SIMULTANEOUSLY (ADV) across the country.

happening or being done at exactly the same time

1. Bonus payments provide an INCENTIVE (N) to work harder.

2. The state offers generous INCENTIVE (N) for business investment.

something that encourages a person to do something by offering them a reward

1. I shall have to FOREGO (V) the pleasure ofseeing you this week.

2. She decided to FORGO (V) flowers at the funeral and asked people to send money to a charity instead

1. to not have or do something enjoyable

2. to give up or do without

I was emotionally involved, so I found it hard to make a RATIONAL (ADJ) decision

= reasonable

We made a DELIBERATE (ADJ) decision to live apart for a while

intentional or planned

1. I don't want them to impose (V) their religious beliefson my children.

2. Very high taxes have recently been imposed (V) on cigarettes.

1. to force someone to accept something, especially a belief or way of living:

2. to officially force a rule, tax, punishment, etc. to be obeyed or received

They induced (V) her totake the job by offering her a bonus

to persuade someone to do something, or to cause something to happen

1. We face theprospect (N) of having to start all over again.

2. Is there anyprospect (N) of the weather improving?

1. the idea of something that will or might happen in the future

2. the possibility that something will happen

The country is totally self-sufficient (ADJ) in food production.

able to do or produce everything that you need without the help of other people

1. He'd be better off (ADJ)working for a bigger company.

2. The new tax will not have a serious impact on the better off (N)

1. to be in a better situation, if or after something happens

2. people who have more money than most others

Human interventions (N) in nature rarely have a positive effect, she argues

intentional action to change a situation, with the aim of improving it or preventing it from getting worse

They appointed a new manager to coordinate (V) the work of the team.

to make many different things work effectively as a whole

1. The government is allocating (V)£10 million for health education.

2. As project leader, you will have to allocate (V) people jobs/allocate jobs to people.

to give something as a share of a total amount

1. I'd never interfere (V) between a husband and wife

2. Interfering (V) in other people's relationships is always a mistake.

to get involved in and try to influence a situation that should not really involve you, in a way that annoys other people

Users can now make financial transactions (N) in euros

an occasion when someone buys or sells something

She inherited a substantial (ADJ) fortune from her grandmother

large in size, value, or importance

He gave me very explicit (ADJ) directions on how to get there.

clear and easy to understand

1. I can't explain how I knew - I just had an intuition (N) that you'd been involved in an accident.

2. You should trust your intuition (N) in making your decision.

an ability to understand or know something immediately based on your feelings rather than facts

The job was made more difficult because of a scarcity (N) of data.

a situation in which something is not easy to find or get

It's difficult to interpret (V) these statistics without knowing how they were obtained

to explain the meaning of something

1. It is not merely (ADV) a job, but a way of life.

2. The medicine won't cure her - it merely (ADV) stops the pain.

= ‘only’, ‘simply’ or ‘just’

to emphasize a fact or something that you are saying

1. The most common symptom is a persistent (ADJ) cough

2. She can be very persistent (ADJ) when she wants something

1. continuing for a long period of time, or repeated frequently, especially in a way that is annoying and cannot be stopped

2. determined to do something despite difficulties, especially when other people are against you and think that you are being annoying or unreasonable

Children in this country are getting much too fat, and sugar and sweets are the main culprits (N)

a person or thing responsible for causing a problem

Give each picture a number corresponding (ADJ) to its position on the page.

= equivalent

matching or connected with something that you have just mentioned

He described the sequence (N) of events leading up to the robbery.

a series of related things or events, or the order in which they follow each other

1. Demand for new cars has fallen due to the recession (N).

2. The Japanese economy is experiencing its worst recession (N) in 20 years.

   
   

a period when the economy of a country is not successful and conditions for business are bad

He stressed the value of public investment as a stimulus (N) to/for growth.

something that causes growth, activity, or reaction

They purchased an aggregate (N) of 3,000 shares in the company.

a total number or amount made up of smaller amounts that are collected together

The large number of temporary contracts resulted in a high turnover (N) of staff.

the rate at which employees leave a company and are replaced by new people

If you're both going to lie, at least stick to the same story and don't contradict (V) each other!

Recent evidence has contradicted (V) established theories on this subject.

(of people) to say the opposite of what someone else has said

(of one fact or statement) to be so different from another fact or statement that one of them must be wrong

1. Crude (ADJ) oil is a major export of the country.

2. Her boss made a crude (ADJ) comment about her appearance.

1. simple and not skillfully done or made

2. rude and offensive

We produce enough vegetables for our community, and any surplus (N) is sold to local shops.

an amount that is extra or more than you need

We had one or two difficulties along the way that we didn't anticipate (V)

to expect something

The company has new procedures (N) for dealing with complaints.

a set of actions that is the official or accepted way of doing something

It's impossible to evaluate (V) these results without knowing more about the research methods employed.

to judge or calculate the quality, importance, amount, or value of something

1. The defense lawyers claimed that the prisoners had been subjected to cruel treatment.

2. The project will start next week, subject to agreement from my boss.

1. to make someone or something experience an unpleasant or worrying thing

2. only able to happen if something else happens

1. The room was painted a subtle (ADJ) shade of pink.

2. There is a subtle (ADJ) difference between these two plans.

3. I could detect subtle (ADJ) variances in fragrance as we strolled through the garden.

1. not loud, bright, noticeable, or obvious in any way

2. small but important

3. achieved in a quiet way that does not attract attention to itself and is therefore good or clever

We were confronted (V) with a lot of problems when we tried to buy a house in Germany.

to face, meet, or deal with a difficult situation or person

This theory needs to be backed up with solid empirical (ADJ) evidence.

based on what is experienced or seen rather than on theory

Exams are not the only means of assessing (V) a student's ability.

= estimate

to judge or decide the amount, value, quality, or importance of something

Several hypothesis (N) for global warming have been suggested.

an idea or explanation for something that is based on known facts but has not yet been proved

There's a correlation (N) between smoking and cancer.

a connection between two things in which one thing changes as the other does

People were surprised that Smith was omitted (V) from the team.

to not include something/somebody, either deliberately or because you have forgotten it/them

1. The moon exerts (V) a force on the earth that causes the tides.

2. In order to be successful he would have to exert (V) himself.

1. to use power or influence to affect somebody/something

2. to make a mental or physical effort

The book was written in a style appropriate (ADJ) to/for the age of the children.

suitable, acceptable or correct for the particular circumstances

1. We want to ensure that help is at hand (IDIOM) for all children suffering abuse.

2. The space shuttle crew must stay completely focused on the task at hand (IDIOM).

1. near in time or position

2. happening or present at this time

Modern music is often considered inferior (ADJ) to that of the past.

not good or not as good as somebody/something else