Read the following passage and mark the letter A, B, C or D to indicate the correct answer to each of the questions
MONEY AT WORK
Go to a big city anywhere in the world. In it you will find people who own business, people who work in businesses, and people who buy products and services from businesses. One thing keeps the products and services flowing from producers to buyers: money. Workers use the money they earn to buy things they need and want. Companies use that money to make more things that people need and want.
People who start companies also have to convince other people toinvest in them. To get people to invest, companies offer them a chance to make money. They can do this in a number of ways.
Some companies sell stock. The people who buy stock own a piece of the company. If the company makes a profit, so will the stockholders. If the company does not do well, stockholders may lose their money.
Businesses can also sell bonds. People who buy bonds lend their money to the company. To make it worthwhile for lenders, companies pay interest on the money.
Businesses also get loans from banks. They pay interest to the bank. The bank uses the money in people’s bank account to make loans. It pays them interest in exchange for using their money.
Question 1: People are lending money to a business when……………..
A. they invest money in a company to become stockholders
B. they get loans from a bank
C. they buy bonds issued by a company
D. they buy a large number of products from that business
Question 2: When a business wants to borrow money from a bank, it has to………..
A. make a profit from the money it borrows
B. pay other people for the money it borrows
C. pay interest to the bank on the money it borrows
D. sell as many of its bonds as possible
Question 3: Why do many people buy stocks in a business?
A. They want to own the business.
B. They hope to make money
C. They need the products and services of that business
D. They want to keep their money safely
Question 4: Which of the followig statement is TRUE according to the passage?
A. Small cities don’t have banks
B. The only way to earn more money is by working veryhard
C. The bank is the best place for you to keep your money
D. You need money in order to start a business
Question 4: It can be inferred from the passage that
A. a great many people can own one business
B. all businesses sell stocks and bonds to get money
C. banks lend oney only to businesses
D. where there are large cities, there are big businesses
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1.A
2.D
3D
4C
Bạn tham khảo nhé
1. B
2. C
3. C
4. B
5. A