Anglais Eval QCM

Question 1

Company (pl. companies):

Answer 1

a business organization that sells goods or services in order to make money;
any entity engaging in business—also called a firm or enterprise (<> society: association of persons,
usually exclusive of business purposes ∆)

Question 2

Consumer:

Answer 2

an individual who buys products or services for personal use, to satisfy their needs and NOT for manufacture or resale.

Question 3

Consumption:

Answer 3

using a product or service until it has no remaining value

Question 4

Customer:

Answer 4

a person, company, or other entity which buys goods and services produced by another
person, company, or other entity

Question 5

Demand (n.):

Answer 5

the amount of a particular economic good or service that a consumer or group of
consumers will want to purchase at a given price

Question 6

Economic (adj.):

Answer 6

relating or pertaining (se rapportant) to the economy (<> economical: saving money ∆)

Question 7

Economics:

Answer 7

the study of how the forces of supply (offre) and demand allocate scarce resources

Question 8

Economist:

Answer 8

a social scientist who works in or studies the field of economics

Question 9

(The) Economy:

Answer 9

activities related to the production and distribution of goods and services in a
particular geographic region.

Question 10

Factors of production:

Answer 10

various resources which contribute to the production of a product or service.

Question 11

Factory (pl. factories):

Answer 11

a manufacturing ((the making of articles on a large scale using machinery; industrial production.)) facility (place or building), also called a plant

Question 12

Good (n.):

Answer 12

a tangible commodity or other item that is subject to demand in the market

Question 13

Input:

Answer 13

anything that is used in a production process. ((inputs are any resources used to create goods and services. Examples of inputs include labor (workers’ time), fuel, materials, buildings, and equipment.))

Question 14

Labour (US: Labor):

Answer 14

work of any type

Question 15

Market:

Answer 15

any physical or virtual place where buyers and sellers come together to trade (commercer/echanger) in goods

Question 16

Opportunity cost:

Answer 16

the value of something that is lost because you choose an alternative course of
action
-
Le coût de renonciation :

Question 17

Output:

Answer 17

the quantity of goods or services produced, in a given time period, by a firm, industry, or
country

Question 18

Policy (pl. policies):

Answer 18

a plan or course of action, as of a government, political party, or business,
intended to influence and determine decisions, actions, and other matters

Question 19

Productivity:

Answer 19

the amount of output per unit of input (labour, equipment, and capital); productivity is
often taken to measure efficiency

Question 20

Raw materials:

Answer 20

unfinished goods consumed by a manufacturer in providing finished goods ((Examples of raw materials include steel, oil, corn, grain, gasoline, lumber, forest resources, plastic, natural gas, coal, and minerals.))

Question 21

Resource:

Answer 21

a person, asset, material, or capital which can be used to accomplish a goal

Question 22

Scarcity:

Answer 22

a lack of supply of some commodity or item

Question 23

Supply:

Answer 23

the total amount of a good or service available for purchase; along with demand, one of the
two key determinants of price

Question 24

Want (n.):

Answer 24

something that is desired or needed; the need itself

Question 25

Account (n.):

Answer 25

an arrangement by which an organization (e.g. a bank) holds funds on behalf of a client
-un accord par lequel une organisation (par exemple, une banque) détient des fonds pour le compte d’un client.

Question 26

Asset:

Answer 26

any possession that has money value

Question 27

ATM (Automated Teller Machine):

Answer 27

a machine, usually in a wall outside a bank, shop, etc. from which
you can take money out of your bank account using a special card
-
distributeur automatique

Question 28

Bank:

Answer 28

a financial institution licensed to receive deposits ( recevoir des dépôts,) , make loans (octroyer des prêts), and provide other financial
services to its customers

Question 29

Barter:

Answer 29

troc

Question 30

Central bank:

Answer 30

a monopolized and often nationalized institution given privileged control over the
production and distribution of money and credit

Question 31

Claim:

Answer 31

a right to have something or get something from someone

Question 32

Coin:

Answer 32

a small, round piece of metal, usually silver or copper (cuivre ) coloured, that is used as money

Question 33

Coinage metals:

Answer 33

metals which have historically been used to mint (frapper) coins, such as copper, silver and
gold
-
Métaux pour monnaies :

Question 33

Coinage metals:

Answer 33

metals which have historically been used to mint (frapper) coins, such as copper, silver and
gold
-
Métaux pour monnaies :

Question 34

Currency:

Answer 34

any form of money issued by a government or central bank and used as legal tender and a
basis for trade (e.g. US Dollar, British Pound, etc.)

Question 35

Deposit (n.):

Answer 35

money left with a person or organization, especially a bank, for safekeeping, or as
security, or to bear interest
-
depot: argent confié à une personne ou à une organisation, notamment une banque, pour être conservé, ou comme
garantie, ou pour porter intérêt

Question 36

Exchange rate:

Answer 36

the price of a nation’s currency in terms of another currency

Question 37

Income:

Answer 37

Money that an individual or business receives in exchange for providing a good or service
-revenu La différence entre revenu et salaire est que “revenu” est ce qu’on retire annuellement d’un domaine, d’un emploi, d’une pension, d’une constitution de rente, etc tandis que “salaire” est rémunération pour un travail.

Question 38

Inflation:

Answer 38

a general, continuous increase in prices

Question 39

Legal tender:

Answer 39

medium of payment, (le moyen de paiement, ) such as coin and paper money, declared by law to be valid and
sufficient for the payment of debts and commercial transactions
-
Legal tender is a form of money that courts of law are required to recognize as satisfactory payment for any monetary debt.
-
cours legal: Se dit d’une forme de monnaie (par exemple, un chèque, ou des billets, ou des pièces) ou un type de monnaie (par exemple l’euro) que les autorités monétaires font obligation aux créanciers de devoir accepter en règlement de leurs créances, éventuellement jusqu’à un certain montant.

Question 40

Loan:

Answer 40

an arrangement in which a lender gives money to a borrower, and the borrower agrees to
repay the money, usually along with interest, at some future point(s) in time
-
pret/credit/emprunt

Question 41

Monetary policy:

Answer 41

economic strategy chosen by a government in deciding expansion or contraction in
the country’s money-supply
-
politique monetaire

Question 42

Monetary system:

Answer 42

set of mechanisms by which a government provides money (cash) in a country’s
economy. It usually consists of a mint, central bank, and commercial banks
-
syst monetaire: ensemble de règles et d’institutions visant à organiser la monnaie.

Question 43

Note (Banknote):

Answer 43

un billet

Question 44

Price:

Answer 44

the sum or amount of money or its equivalent for which anything is bought, sold, or offered for
sale

Question 45

Rate of interest (or Interest rate):

Answer 45

the percentage (usually on an annual basis) that is paid by the
borrower to the lender for a loan of money
-
Taux d’intérêt (ou taux d’intérêt) :

Question 46

Retail:

Answer 46

the sale of goods to ultimate consumers (consommateurs finaux = Consommateur qui utilise un bien ou un service pour son usage personnel en vue de satisfaire directement un besoin.) , usually in small quantities (opposed to wholesale)

Question 47

Subsistence economy:

Answer 47

a non-monetary economy which relies on natural resources to provide for
basic needs, through hunting, gathering, and subsistence agriculture
-
Économie de subsistance

Question 48

Supplier:

Answer 48

a person or organization that provides something needed such as a product or service-
FNR

Question 49

Wage:

Answer 49

money that is received from an employer for work or services, as by the hour, day, or week
-salaire (un salaire est bien une forme de revenu, c’est à dire une rétribution salariale en contre-partie d’un travail fourni,)

Question 50

Wealth:

Answer 50

a great quantity or store of money, valuable possessions, property, or other riches
-richesse

Question 51

Wholesale:

Answer 51

the business of selling things in large amounts to other businesses rather than to
individual customers (opposed to retail)