Vocabulary Paper II

Question 1

in lieu

Answer 1

instead

~ of a summary of our results, we end the paper with some implications

Question 2

allude

Answer 2

suggest or call in the introduction

~ed to in the instruction

Question 3

espouse

Answer 3

adapt, or support

she ~ed communism

Question 4

perquisite

Answer 4

a special right or privilege enjoyed as a result of one’s position

Question 5

unanimous

Answer 5

(of two or more people) fully in agreement

the doctors were ~ in their diagnoses

Question 6

decry

Answer 6

publicly denounce

they ~ed human rights abuses

Question 7

alleviate

Answer 7

make a problem less severe

thereby alleviate the moral hazard problem

Question 8

covenant

Answer 8

agreement

~ of the financial contract

Question 9

entail

Answer 9

involve sth as a necessary or inevitable part

a situation that ~s considerable risks

Question 10

manifest

Answer 10

clear or obvious

the system’s ~ failings

Question 11

dissipate

Answer 11

disperse, scatter

the cloud of smoke ~ed

Question 12

propensity

Answer 12

an inclination or tendency

their propensity to pay dividends

Question 13

retention

Answer 13

the continued possession, use, or control of sth