Subject Link 5: Review Test 1

Name: _________________ Date: _________________

[1-4] Write the correct word in each sentence.

bulky
bulky lend
lend print
print wallet
wallet

1. I don’t have any coins. Can you _______________ me some coins?

2. You should _______________ your homework and give it to the teacher.

3. It is hard to carry _______________ objects since they are usually heavy.

4. I got my dad a new _______________ for his birthday to hold his money.

[5-6] Choose the word that has a similar or opposite meaning to the underlined word.
5. Children love to receive presents at Christmas and Chinese New Year. [*similar]
a. spend b. give c. get

6. I forgot to bring a pencil to class, so I had to borrow one. [*opposite]

a. lend b. request c. donate

2
[7-9] Read the following passage and choose the best answer for each question.

Before money was invented, people used the barter system to get
what they wanted. To barter means to trade goods or services for other
goods or services. For example, someone could trade one horse for one
cow. However, the barter system had several problems. People did not
always agree on how much one thing was worth compared to another.
There was also a problem called the “double coincidence of wants.” For
example, what if a man wanted to trade his horse for a cow? He would have
to find someone who had a cow, but needed a horse. The invention of
money solved these kinds of problems.
Some of the earliest forms of metal coins appeared in China around
1000 B.C. Silver coins started to be made in what is now Turkey around 600
B.C. Soon after, the techniques for making coins were copied and improved
by the Greek and Roman empires.

7. What did people do before money?

a. They shared everything equally.
b. They traded for what they wanted.
c. They were given what they needed.
d. They only hunted or farmed for everything.

8. Which was NOT a problem with the barter system?

a. It was only useful for trading animals.
b. People failed to agree on the worth of an item.
c. You needed to have something of value to trade.
d. The other person might not want what you had to trade.

9. What can be inferred about coins as money?

a. They could only be made out of silver.
b. They helped people avoid difficult trades.
c. They made it more difficult for some people to purchase items.
d. They were tried once but didn’t work as well as earlier paper money.

2
[10-12] Read the following passage and choose the best answer for each question.

When you put money in a savings account, the bank pays you some
extra money each month. The money you put in is called a deposit. The
money the bank pays you for your deposit is the interest. The interest you
earn depends on the interest rate. Let’s say you deposited $1,000 in the
bank and the interest rate is 2% a year. In that case, you will earn $20 a
year as interest.
When people buy expensive things such as houses or cars, or run a
business, they need a lot of money. When they don’t have enough, they
borrow from banks. This money is called a loan. After that, they pay back
the money in small amounts each month for several years.

10. What is interest?

a. Money the bank charges you for their protection.
b. Money you give the bank when you take out money.
c. Money you pay the bank every time you make a deposit.
d. Money the bank pays you for leaving a deposit with them.

11. If you deposit $1,000 with a 5% interest rate for a year, how much interest would you get?
a. $50
b. $500
c. $1000
d. $10,000

12. What can be inferred about how banks use people’s money?
a. They keep it safe and never touch it.
b. They hide it so that no one can use it.
c. They give it to other people as interest.
d. They lend it to other people who need lots of money.

2
[13-15] Unscramble the sentences.
13. bad luck / don’t have / in their wallet / they will have / if they / any money / believe

→ They __________________________________________________________________.

14. needs / so that / by / deposits / can / it make money / lending money

→ The bank _______________________________________________________________.

15. represent / the country’s / designs / history / usually / and culture

→ Banknote ________________________________________________________________.

2
<Answer Key>

1. lend
2. print
3. bulky
4. wallet
5. c
6. a
7. b
8. a
9. b
10. d
11. a
12. d
13. They believe they will have bad luck if they don’t have any money in their wallet.
14. The bank needs deposits so that it can make money by lending money.
15. Banknote designs usually represent the country’s history and culture.