How expensive is the city you live in? Recently, the Economist Intelligence Unit has released its ranking of the most expensive cities in the world. The episode will look at the results of this ranking, as well as talk about some of the trends in price increases or decreases and the reasons behind these trends!
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VOCABULARY LIST
To rank (v) - to have a position a higher or lower than others, or to be considered to have such a position
She ranked the bottle in order of size along the shelf
Inexpensive (adj) - not costing a lot of money
That is an inexpensive perfume
To drop (v) - to move to a lower level, or cause something to move to a lower level
We had to drop our prices because of the recession
Habit (n) - something that you do often and regularly, sometimes without knowing that you are doing it
Members of the public were asked about their shopping habits
To embrace (v) - to accept something enthusiastically
He embraced the opportunity
Vice (n) - a moral fault or weakness in someone’s character
My one real vice is chocolate
To cope (v) - to deal successfully with a difficult situation
It must be really hard to cope with three young children and a job
To plummet (v) - to fall very quickly and suddenly
House prices have plummeted in recent months
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