Unit 7 Does money talk

Listening skills: 1-5: BAADB

Listening in >

Task 11-5: banker, loan, saving, save, spend, mortgage, property, property values, risen/gone up/increased by 30 percent 

 Task 21-5: ABDCC 

 Task 31-5: FTFTF

Let's talk > Task 11-7: money, all his money, promise, in the casket, sitting, next to, close

8-14: box, locked, foolish, all that money, go back on her word, put the money, check

Further listening and speaking > Further listening >

 Task 11-7: the beggar, needed help, careful, a job, a hard time, waste, good luck

 Task 2 1-5: DCBDA   

Task 3 1-5: TFFTT

Unit 7 test 1-5 CDABC

1.give me a loan 2.What for 3.support 4.are spending 5.hard up myself 6.let him know 7.get nowhere 8.easy-going 9.general manager 10.my luck 1-5 DCBAB  1-5 BACDA  6-10 BDCCC

II. Listening Skills

1. W: How much money is the rent for an apartment in this neighborhood? I only have $500 a month.

M: Your rent should be about a quarter of that.

Q: How much should the woman’s rent be?

2. M: I paid $3,500 for this digital camera. It was on sale at a 30 percent discount.

W: It’s a real bargain.

Q: How much did the camera cost originally?

3. M: What’s the rate for an economy car?

W: The daily rate is $32, unlimited mileage.

Q: How much will the man pay if he rents the car for a week?

4. M: I’ll take these sweaters. How much do they cost?

W: They are $180 each and four makes a total of $720. But today we are offering a 20 percent discount.

Q: How much does the man have to pay?

5. W: What an old car you’ve got!

M: Well, 12,000 miles on it when I bought it second hand. And it’s covered 3,080 miles since then.

Q: How many miles has the car run?

1.B 2.A 3.A 4.D 5.B

III. Listening In

Task 1: It’s time to buy.

Mike: Hey, Robert, where are you off to?

Robert: I’m going to talk to a banker about a loan.

Mike: You are short of money? I thought you were the saving type.

Robert: There’s a time to save and a time to spend.

Mike: I know all about spending. What’s the loan for? I have a few bucks I could…

Robert: I’m considering getting a mortgage to buy some property.

Mike: Do you think property is a good investment? I mean, it’s a lot of money.

Robert: Well, Mike, as you know, property values have been going through the roof. If I had bought an apartment two years ago, its value would have gone up by 30 percent today.

Mike: And from what I know, interest rates are low now.

Robert: Exactly. Sounds like a good time to buy.

1. banker, loan

2. saving, save, spend

3. mortgage, property

4. property values

5. risen/(gone up)/(increased) by 30 percent

Task 2: Can I have my change please?

Tom was down on his luck and felt he needed a few drinks. Hw went to a bar and had several drinks. When he was done, he stood up and walked toward the door. The barman shouted after him, “Hey mister, are you going to pay for those drinks?”

Tom turned around and replied, “I have already paid you,” and then walked out of the bar. Almost immediately he saw one of his friends Richard and told him about the barman, “Just go in there and drink all you want, then get up and leave. When the barman asks you to pay the bill, just tell him you have already paid.”

This sounded easy enough, so Richard went in and has several drinks. The barman went to him and said, “Before you came in, another man was here. When I asked him to pay his bill, he told me he’d paid, but I don’t remember him paying me.”

Richard said, “I would love to stay and hear your story, but I don’t have time. Can I havemy change please?”

1. A 2.B 3.D 4.C 5.C

Task 3: Can money buy happiness?

1.F 2.T 3.F 4.T 5.F

IV. Speaking Out

Model 1 I want to blow it all.

John: Hey, Se-Jin, do you want to come shopping with me? My dad just gave me my monthly allowance and I want to blow it all.

Se-Jin: That sounds just like you, John! What do you want to buy?

John: I don’t know…Some music CDs, maybe.

Se-Jin: If you spend all that money on things you don’t even know if you want, you won’t have any money left when you need it.

John: But if I just save my money, that doesn’t s sound like much fun either. Besides, I need some new CDs.

Se-Jin: You also need a financial advisor!

Now Your Turn

A: Hey, do you want to come shopping with me? I just got some money from my part-time job, and I want to get rid of it right away.

B: That’s your style. What do you want to buy?

A: I don’t know…some fashionable clothes, maybe.

B: If you waste all your money on things you don’t even know if you want, you’ll be out of money completely when you need it.

A: But if I just hold on to my money…that doesn’t make much sense either. I really need some new clothes. What’s the point of saving lots of money without fun?

B: As I see it, you need a person to look after your money.

Model 2 Can money buy everything?

Peter: I’m trying to think of ways to become rich. If I could get my hands on a lot of money, I’ll be really happy.

Jane: Do you really think so? I’m not so sure.

Peter: Of course, why wouldn’t I? I’d be able to have anything I want.

Jane: Well, there are plenty of people who have a lot of money but aren’t happy. What do you say to that?

Peter: But if I became a millionaire, I’d buy whatever I wanted.

Jane: Can you buy true love? Can you buy the moon?

Peter: Maybe not, but I can buy a house with a lot of modern conveniences.

Jane: So many people think like you do, buy look at all the divorces, suicides and murders among wealthy people. How do you explain that?

Peter: Maybe there’s something in what you said.

Now Your Turn

A: I really hope I can make a fortune. If I had a lot of money, I’d be as happy as a king.

B: Do you really believe so? I have my doubts about it.

A: Of course, why wouldn’t I? If I were a millionaire, there’s nothing I couldn’t buy.

B: Well, can you but health? Can you but true friendship?

B: Maybe not. But I can but a big house and car, and make my life more comfortable.

A: Maybe you have a point there. Money can bring material comforts. But don’t forget, there are also divorces and suicides among wealthy people.

B: Well, there is some truth in what you said. Money cannot but real happiness.

Model 3 I wonder if you could give me a loan.

John: Hey, Se-Jin, I was just on my way to find you.

Se-Jin: What’s up, John?

John: Se-Jin, I’m kind of broke, and you usually have a bundle tucked away. I wonder if you could give me a loan.

Se-Jin: Dream on! I’m hard up myself.

John: You see, I want to buy some new stereo equipment, and I’m just about a hundred short.

Se-Jin: Why not save up for it?

John: The stores have all stuff on a huge sales promotion right now. I could save at least 30 percent!

S-Jin: John, I’d lend you money if you were in a jam. But a new stereo isn’t an emergency.

John: Then I’m afraid I have to find someone who is more easy-going.

Now Your Turn

A: Hi, I was trying to catch up with you.

B: What happened?

A: Money had burned a hole in my pocket. You usually have some savings. I wonder if you can lend me some money?

B: You’re daydreaming. I’m short of money myself.

A: Look, I want to buy a digital camera, and I’m only short of 150 bucks.

B: Why not save towards it?

A: The camera is on sale right now. This can save me almost 25 percent.

B: Well, I’d lend you the money if you were in real redouble. But a new camera isn’t urgent.

A: Then I’m afraid I’ll have to try someone who’s more generous.

V. Let’s Talk

Story of a Miser

There was a miser who loved money more than anything else. Just before he died, he said to his wife, “Now, listen. When I die, I want you to take all my money and put it in the casket with me. I want to take my money to the afterlife with me.”

He made her promise with all her heart that when he dies, she would pit all the money in the casket with him. Then he died. He was laid in the casket, his wife was sitting there wearing black, and her friend was sitting next to her.

When they finished the ceremony, just before the undertakers got already to close the casket, the wife said, “Wait a minute!” She had a box with her. She came over with the box and put it in the casket.

Then the undertakers locked the casket down, and they rolled it away. He friend said, “Girl, I know you weren’t fool enough to put all that money in there with your husband!”

She said, “Listen, I’m a Christian. I can’t go back on my word. I promise him that I would put all the money in the casket with him.”

“You mean you really put that money in the casket with him!?”

“I surely did,” said the wife. “I wrote him a check.”

1. money

2. all his money

3. promise

4. in the casket

5. sitting

6. next to

7. close

8. box

9. locked

10. foolish

11.all that money

12. go back on her word

13. put the money / put that money

14. check

VI. Furthering Listening and Speaking

Task 1: Giving Money to a Beggar

Susan: Hey, Robert, you gave that beggar some of your hard-earned cash?

Robert: I know. He looked as if he needed help.

Susan: Buy you’re always so careful with your money.

Robert: Yeah, I guess so, but I like to help when someone’s in need.

Susan: I just wonder why the guy doesn’t get a job and make his own living.

Robert: It’s just not that simple, Susan. Some people have a hard time of it in life.

Susan: Maybe they waste all their money. If you give them money, they will just go on wasting it.

Robert: Life has been good to me, Susan, and I’d like to share some of my luck.

1. the beggar

2. needed help

3. careful  

4.a job

5. a hard time

6. waste

7. good luck/luck

Task 2: An Introduction to Credit Cards

Credit cards are plastic cards issued by a bank or other financial institutions allowing the holder to buy goods and service without using cash. Many American don’t like to carry much cash. For them the cards are convenient and safe to use.

Credit cards are gaining popularity, even for buying small items. They are accepted almost everywhere, though not at fast food restaurants.

Credit cards allow you to purchase things that you may not currently have the money to buy. When you use a credit card, the credit card company that issued the credit card pays the store. Later, a bill will be mailed to you by your credit card company for the amount you purchased. At that time, you can either pay the bill in full, or only pay a minimum amount, and wait till later to finish paying. If you wait till later, you will owe the credit card company interest on the amount that you do not pay.

1.D 2.C 3.B 4.D 5.A

Task 3: Buying a Machine

An American manufacturer is showing his machine factory to a potential customer. At noon, when the lunch bell rings, two thousand men and women immediately stop working and leave the building.

“Your workers, they’re escaping!” cries the visitor. “You’ve got to stop them.”

“Don’t worry, they’ll be back,” says the American. And indeed, an exactly one 0’clock the bell rings again, and all the workers return from their break.

When the tour is over, the manufacturer turn s to his guest and says, “Well, now, which of these machines would you like to order?”

“Forget the machines,” says the visitor. “How much do you want for that bell?”

1.T 2.F 3.F 4.T 5.T

Speaking

Can you change a twenty-dollar bill?

Cashier: How can I help you, Miss?

Jill: Could you change a 20 for me?

Cashier: Sure. How do you want it?

Jill: Could I have two 5’s, but not enough 1’s. Are quarters all right with you?

Cashier: Well, I have some 5’s, but not enough 1’s. Are quarters all right with you?

Jill: Oh, that’s even better! In that case, I won’t have to worry about the small change for the laundry.

Cashier: Here you are!

Jill: Thanks a million!

Part I  

Directions: Listen to the short dialogs, and then choose the correct answers to the questions. You will hear the recording twice. After the first playing, there will be time for you to choose the correct answers. Use the second playing to check your answers.  

1. (Listen to the audio recording for the question.)

    A. She is going to travel.

    B. She is going to blow it all immediately.

    C. She is going to save it for future use.

    D. She is going to invest it in a project.

2. (Listen to the audio recording for the question.)

    A. He plans to travel around the world to enjoy himself at his forties.

    B. He wants to lead a luxurious life.

    C. He thinks money can buy happiness.

    D. He hopes to save up money to help the poor.

3. (Listen to the audio recording for the question.)

    A. To spend it at Christmas.

    B. To pay the tuition.

    C. To buy books.

    D. To pay for the accommodations.

4. (Listen to the audio recording for the question.)

    A. When he borrows money from a friend.

    B. When he receives his salary.

    C. Not until half a year later.

    D. Not until a year later.

5. (Listen to the audio recording for the question.)

    A. He is generous to friends.

    B. He's saved up a large sum of money.

    C. He is mean with his money.

    D. He boasts his attitude toward saving.

Part II  

Directions: Listen to the following recording, and then fill in the blanks with the missing words. You will hear the recording twice. After the first playing, there will be time to write the missing words. Use the second playing to check your answers.  

Thomas: Nora, can you (1)?

Nora: (2)?

Thomas: I can't (3) my family with my pay. They (4) too much.

Nora: I'm sorry, Thomas, I'm (5). But Brown is a banker. If you (6), he might be glad to help you.

Thomas: I'll (7) trying to borrow money from that miser.

Nora: But Mrs. Brown is (8) and ready to help. And she is the (9) of a big company.

Thomas: OK, I'll try (10) with her.

  give me a loan

 (2) What for

 (3) support

 (4) are spending

 (5) hard up myself

 (6) let him know

 (7) get nowhere

 (8) easy-going

 (9) general manager

 (10) my luck

Part III  

Directions: Listen to the following recording, and then choose the correct answers to the questions. You will hear the recording twice. After the first playing, there will be time for you to choose the correct answers. Use the second playing to check your answers.  

1. How much did the hotel charge them initially?

    A. $13.

    B. $27.

    C. $29.

    D. $30.

2. How much did the hotel overcharged them?

    A. $1.

    B. $2.

    C. $5.

    D. $9.

3. How did the bellboy (男侍者) expect the guests to react after he pocketed $2?

    A. The guests would be angry.

    B. The guests would be happy to get a refund.

    C. The guests would be slightly disappointed.

    D. None of the above.

4. Which of the following calculations did the bellboy use to find that $1 was missing?

    A. 30 - (27 + 2)

    B. 29 - (27 + 1)

    C. 5 - 3 - 1

    D. 9 - 5 - 3

5. Which of the following calculations should the bellboy use to solve his puzzle?

    A. 27 + 2 + 1 = 30

    B. 30 - 5 = 27 - 2

    C. 29 + 1 = 30

    D. 30 - 1 = 29

Part IV

Directions: Choose the best answer to each of the following statements.  

1. If you postpone the payment, you owe the credit card company _______ the amount that you do not pay.

    A. interest for

    B. interest on

    C. interest rates on

    D. interest rates for

2. Life has been good to me, and I'd like to _____ some of my good luck.

    A. share

    B. share with

    C. share for

    D. share in

3. Hey, you gave the beggar some of your _______ cash?

    A. hardly-earned

    B. hardly-earning

    C. hard-earned

    D. hard-earning

4. Robert is always so careful _____ his money.

    A. in

    B. at

    C. over

    D. with

5. Helen is generous and likes to help when someone is in _______.

    A. need

    B. needs

    C. necessity

    D. demand

6. Hey, Mike, where are you _________?

    A. of to

    B. off to

    C. away to

    D. away for

7. I'm going to talk to a banker about a ________.

    A. borrow

    B. lend

    C. lending

    D. loan

8. You need money? I thought you were the _________.

    A. keeping type

    B. save type

    C. saving type

    D. reserving type

9. As you know, property values have been _____________.

    A. going into the roof

    B. going in the ceiling

    C. going through the roof

    D. going to the ceiling

10. When you receive the bill from your credit card company, you can choose _____ pay the bill in full _____ only to pay a minimum amount of the money to wait until later to finish paying.

    A. either...nor

    B. neither...or

    C. either...or

    D. neither...nor