Page 14 - WorldCom Edu Reading for Vocabulary Plus Series - Book A

Comprehension ECONOMY Social Studies

Reading Comprehension Choose the best answer.

1. The purpose of this story is to discuss .

a. why you earn money and why you should save it

b. how you earn money when you do work
c. where we get money from and what we do with it
d. why it is important to budget any money that we earn

2. If you spend all your money before your next payday, you .

a. won’t have any money left
b. won’t be able to earn anymore from your job
c. will be able to save some money in a bank and earn interest on it

d. will be able to pay bills and rent for your home

3. When you save money in the bank, .

a. you don’t get any income from your job
b. the bank puts it in a piggy bank

c. the bank borrows the interest
d. the bank pays you interest

Paraphrasing Choose the best answer.

Children sometimes save their money in a piggy bank, but it is better to save
money in a bank. If you put money in a bank, you earn interest on the money.

Which sentence below best expresses the essential information in the statement above?

a. Children who use a piggy bank get interest on the money.

b. It is better for children to save money in a bank and not a piggy bank as they will get
interest.
c. Children who save money in a piggy bank will earn more interest than putting it in a

bank.

Economy Social Studies 13