Global Tests

Unit 7
Time & Money

Part A
Grammar and vocabulary

A Two friends meet under the clock at Glasgow station. Complete the
conversation with these words. Some of them will be used more than once.

for since yet already in on at

Paula: Hi Diana, so sorry I’m late. I hope you haven’t been here long.
Diana: No, I’ve only been here (0) for a while. Only (1) .......... my train arrived
(2) .......... 5.30.
Paula: Oh that’s good. It’s six now, so you’ve been here (3) .......... half an
hour.
Diana: I’m afraid Kirsty hasn’t arrived (4) .......... Her train was due (5) ..........
5.40.
Paula: Are you sure she’s coming? When I rang her (6)………. Thursday she
wasn’t certain.
Diana: I think so – but her train’s delayed at Edinburgh – snow.
Paula: That’s the trouble with travelling (7) .......... December. The weather’s
not very reliable (8) .......... winter.
Diana: According to an announcement earlier they’ve (9) ………. cancelled six
trains from the north this evening, so I hope she makes it!
Paula: I think we may be here (10) ………. a long time! Let’s get a coffee.

B Complete the sentences with for or since.

Example:
Where have you been for the last two hours?

11 I’ve wanted to go to Peru ………. I was a teenager.

12 I’ve been at this school ………. five years.
13 She’s spent most of her time in France ………. 2005.
14 Chris has owed me money ………. several months now – I’d like it back!

C Put the words in the correct order to make sentences.

Example:
yet / homework / they / their / haven’t / finished
They haven’t finished their homework yet.

15 bank you have to yet been the?

…………………………………………….
16 already shopping Susan the today done has
…………………………………………….
17 found wallet have yet you your?

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…………………………………………….
18 lot project wasted he’s this a of already on time
…………………………………………….

D Correct the proverbs:

19 Time flies when your having fun.

20 Time wait for no man.
21 So many things, so few time.
22 Life is long and time is swift.

E Complete the sentences with the correct verb.

lend borrow spend owe charge

Example:
By the end of the month I will owe the bank nearly £50 in interest.

23 My brother has promised to …………… me some money.

24 I’m hoping to …………… £500 from my mother to go on holiday in April.
25 I don’t think online shops should be allowed to …………… you to use your
credit card.
26 I always …………… too much on going out each month, and don’t have
enough left to pay all the bills.

F Rearrange the words to make four verb phrases related to money.

out money loan take have a for earn pay a cheque a a euro
salary cash pay back bill change a

Example:
pay money back

27 ………………….
28 ………………….
29 ………………….
30 ………………….
31 ………………….

G Choose the most appropriate response.

Example:
It’s £300.
a That’s very expensive.
b I won’t buy it.

32 Can I help you?

a No.
b I’m just looking, thanks.

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33 You can have it for £5.
a OK, I’ll take it.
b OK, I want it.

34 Can I help you?

a Yes, have you got any green bags?
b I want a green bag.

35 It’s very cheap at £25.

a I don’t want it.
b No, thanks. I’ll leave it.

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Part B
Reading, listening and pronunciation

H Reading
Read the article about lotteries, and answer the questions.

1 The word lottery comes from the Dutch word loterij, from the verb lot, which
means fate. Many countries use lotteries as a way of making money for
various public projects such as education programmes, buildings, universities,
etc.

2 There have been lotteries through much of history. The first ones were
probably around 200 BC in what is now China. There are references to
lotteries in many ancient texts, including Homer’s The Iliad. People think that
the first European lottery was in the Roman Empire when Augustus Caesar
held a lottery to raise money for repairs to the city of Rome. The first public
lottery was in Sluis in the Netherlands in 1434. Several years later, other
lotteries began to appear – this time with money as prizes. In England, Queen
Elizabeth I held the first lottery in 1566 to get money for ‘public works’.

3 America’s passion for lotteries began in 1612 when King James I gave the
Virginia Company of London the right to raise money. The company used this
money to finance the first settlement in America. After that, lotteries
continued to be a popular way of making money for the colonies – in fact
there were over 200 lotteries between 1744 and the American Revolution. The
money they made helped to build libraries, churches and roads amongst other
things. However, after the Revolution, there were a lot of scandals around
lotteries and by the late 19th century they were banned in many states. They
were illegal in the US until after World War II.

4 Nowadays, there are lotteries throughout the US and the world. Instant
lottery tickets, where you scratch off the surface of the card, first appeared in
the 1970s and are now an important part of lottery revenue for many
governments.

Match the headings to the paragraphs.

Instant money
Lottery origins
A lottery revolution
Earliest lotteries

36 paragraph 1 ……………
37 paragraph 2 ……………
38 paragraph 3 ……………
39 paragraph 4 ……………

Guess the meaning of these words from the context. The words are in bold in
the text.

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Example:
raise (paragraph 2) means:
a collect
b print
c grow

40 finance (paragraph 3) means:

a build
b pay for something
c make money

41 settlement (paragraph 3) means:

a a place where people live
b a voyage
c an agreement

42 scandals (paragraph 3) means:

a problems
b reports of bad behaviour
c situations in which people behave in a way that shocks people

43 banned (paragraph 3) means:

a not allowed by law
b stopped for a while
c started

44 scratch off (paragraph 4) means:

a touch something
b remove something with a hard or rough object
c remove with your teeth

45 revenue (paragraph 4) means:

a government money
b money paid out by the lottery
c money made by the lottery

I Listening
Listen to a professor giving a lecture. Choose the correct answer a, b or c.

Example:
Howard
a owns his own business.
b works for Pager.
c works for his neighbour.

46 Howard wants the first Pager because

a his previous car was worn out.
b he needs a more powerful car.
c he wants a status symbol.

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47 The Pager company was happy and unhappy because it had
a made a sale.
b made a sale, but lost a customer.
c made a sale, but lost money.

48 Two years after Howard bought the car the company

a produced a new model.
b changed the car’s name.
c produced a new logo.

49 The old Pager was replaced by something

a newer and more effective.
b exactly the same.
c almost exactly the same.

50 Howard bought the Pager Star because

a it was much better than his old car.
b his neighbour had one.
c the salesman persuaded him.

51 Why does the speaker say that Howard knew when he was beaten?
a Because he didn’t want his neighbour to know.
b Because he knows it is not good business sense to buy a new car.
c Because he is a businessman.

52 The professor tells the story

a to make the lecture less boring.
b because he wants to criticise Howard.
c to show his students what ‘simulated obsolescence’ means.

J Pronunciation
Listen and put the words in the correct box, depending on the vowel sound.
There are four words in each group.

London email player outside mobile why waste come child break
government month

53 time 54 savings 55 money

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