Word Selection

1 _____ describes a change through which many companies compete to offer products and services that previously, under regulation, were offered through just one government-controlled company.
Competition
Regulation
Deregulation
Monopoly

2 A person who keeps record of money spent and received by a business and to see that they are correct is ______ .
an accountant
a lawyer
a secretary
a salesman

3 Some electricity supplies took advantage of the _______ to increase prices.     
balance
weather
low demand
imbalance

4 To _____ the price means to keep the price at the same rate over a period of time.  
raise
rebate
freeze
decrease

5 If there isn’t enough power for all the customers, there is a ______ .
power crisis
plea
rebate
investigation