A Complete each sentence with an appropriate economic term from the box.

interest rate balance of trade exchange rate gross domestic product (GDP) government bureaucracy inflation rate tax incentives labour force foreign investment unemployment rate

1 If you plan to borrow money, you will want to know the interest rate.

2 In countries where unemployment rate the is high, young people tend to study more.

3 How many yen to the euro? Do you know the exchange rate by any chance?

4 According to a recent survey, 12% of the labour forces are earning less than the minimum wage.

5 So many forms to fill in just to import one photocopier! Nobody needs all

this government bureaucracy.

6 The higher the gross domestic product (GDP) of a country, the richer its people are.

7 When the value of a country's exports is greater than the value of its

imports, we say that the balance of trade is 'favourable'.

8 Prices increased again last month, so the inflation rate rose to 5.3%.

9 Less government bureaucracy will encourage foreign investment.

10 The government is offering attractive tax incentives to encourage foreign investment.