SSP Moscow, Economics Vocabulary

By Nate Feldman

Profits are down = less than before. 

*Our profits are down from the last quarter. 

Profits are up =more than before

Sharp fall = big decrease

*We had 100 students last month, and now we have 20.  There has been a sharp fall in the student enrollment. 

*There has been a steady decline in the student population.  Last month, there was 100.  This month there is 90. Next month, it will be 80. 

Sharp increase

Steady rise

*The prices of gas have increased dramatically.  It went from $1.50 to $5.00 in one month. 

*The student population increased dramatically.  We had 100 students this month, and next month it will be 500.

 

*The price of living here is increasing. 

*There has been an increase in the price of living here.

 

The price of living here is falling

There is a fall in the price of living.

 

*What has increased dramatically lately?

*What is getting worse?

*What is a good way to make profits for your business?

*Is your economy in a slump?

*Have you seen a sharp fall in anything?


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