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Economics
ECONOMICS
ECONOMICS
EcONomics
ECONOMICS
ECONOMICS
ECONOMICS
ECONOMICS
ECONOMICS
Economics
ECONOMICS
ECONOMICS
ECONOMICS
ECONOMICS
ECONOMICS
ECONOMICS
ECONOMICS
1. Which of the following are considered to
be negative effects of globalization
except____________
A. Braindrain
B. Piracy and Smuggling
C. Travel Opportunities
D. Patent Law
E. Opportunity Cost
2. The following EXCEPT one are all included in the
Millennium Development Goals (MDG)
A.Eradicate extreme poverty and hunger
B. Achieve universal primary and secondary
education
C. Promote gender and empower women
D.Reduce child morality
3. It is the restructuring or setting a new global
economic order.
A.Privatization
B. Globalization
C. Deregulation
D.Liberalization
E. BOT
4. The law of demand states that___ ?
A. P inc. D dec. P dec. D inc.
B. P inc. D inc. P dec. D dec.
C. P inc. D dec. P dec. D dec.
D. P inc. D inc. P dec. D. Inc.
5. The Study of economics focuses on which of the
following?
A.The reasons that people want more than less
B. How to get most out of scare resources
C. How to eliminate scarcity
D.How to produce more resources
6. Which of the following is TRUE for all factors of
production?
A.They are made by people
B. They are provided by nature
C. They are scare
D.Their production requires land, labor, capital
7. Which of the following makes trade-offs?
A.Consumers
B. Producers
C. Government
D.All of the above
E. None of the above
8 He is an economist of gloom that theorized
the “Limits of Growth”
A.David Ricardo
B. Emmanuel Kant
C. David Hume
D.Thomas Hobbes
E. Schumpeter
9 He help the US during the great depression of
1929 using the “pump prime” to boost the
economy of the country.
A.Karl Marx
B. John Locke
C. JM Keynes
D.Georg Wilhelm Friedrich Hegel
E. Baroque Spinoza
10. Tax that are use in the net import and net export.
A. Direct Tax G. Indirect Tax
B. Withholding Tax H. Value Added Tax (VAT)
C. Income Tax I. Excise Tax
D. Transfer Tax J. Ad Valorem Tax
C. Donor’s Gift K. Amusement Tax
D. Estate Tax
E. Tariff
F. Real Property Tax
General Theory
(General Theory of Employment, Interest & Money)
(Joseph Alois Schumpeter)
•Trickle Down
•Vicious Circle of Poverty
•Debt Trap
•Balance of Growth
•Import Substitution
•Manpower Development
•Kaldor Model
Basic Economic Problems
•WHAT to produce Purchasing Power
•HOW to produce Methods of Production
•FOR WHOM to produce Peso Votes
Economic System
Capitalist Economy
COMMUNIST ECONOMY
MIXeD ECONOMY
GNP (Gross National Product) GNI (Gross National Income)
GDP (Gross National Product)
Full Employment Unemployment Ex. C+G+I+Nx=GNP
Price Stability Price Instability In. W+R+I+P+InT+D=GNP
Economic Growth Absolute Poverty Ind. A+I+S=GNP
External Balance Trade Imbalance S = I
Tx = Sub
Im = Ex
Financial Sector
Bank Non Bank
Tax
&
Spending
Central Bank
RA 3844, Argicultural Land Reform Code,
Diosdado Mcapagal
Aug. 8, 1963
RA 6657, Comprehension Agrarian Reform Law (CARL)
Comprehension Agrarian Reform Program (CARP)
Department of Agrarian Reform (DAR)
Corazon Aquino
1988

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Economics General View

  • 2. 1. Which of the following are considered to be negative effects of globalization except____________ A. Braindrain B. Piracy and Smuggling C. Travel Opportunities D. Patent Law E. Opportunity Cost
  • 3. 2. The following EXCEPT one are all included in the Millennium Development Goals (MDG) A.Eradicate extreme poverty and hunger B. Achieve universal primary and secondary education C. Promote gender and empower women D.Reduce child morality
  • 4. 3. It is the restructuring or setting a new global economic order. A.Privatization B. Globalization C. Deregulation D.Liberalization E. BOT
  • 5. 4. The law of demand states that___ ? A. P inc. D dec. P dec. D inc. B. P inc. D inc. P dec. D dec. C. P inc. D dec. P dec. D dec. D. P inc. D inc. P dec. D. Inc.
  • 6. 5. The Study of economics focuses on which of the following? A.The reasons that people want more than less B. How to get most out of scare resources C. How to eliminate scarcity D.How to produce more resources
  • 7. 6. Which of the following is TRUE for all factors of production? A.They are made by people B. They are provided by nature C. They are scare D.Their production requires land, labor, capital
  • 8. 7. Which of the following makes trade-offs? A.Consumers B. Producers C. Government D.All of the above E. None of the above
  • 9. 8 He is an economist of gloom that theorized the “Limits of Growth” A.David Ricardo B. Emmanuel Kant C. David Hume D.Thomas Hobbes E. Schumpeter
  • 10. 9 He help the US during the great depression of 1929 using the “pump prime” to boost the economy of the country. A.Karl Marx B. John Locke C. JM Keynes D.Georg Wilhelm Friedrich Hegel E. Baroque Spinoza
  • 11. 10. Tax that are use in the net import and net export. A. Direct Tax G. Indirect Tax B. Withholding Tax H. Value Added Tax (VAT) C. Income Tax I. Excise Tax D. Transfer Tax J. Ad Valorem Tax C. Donor’s Gift K. Amusement Tax D. Estate Tax E. Tariff F. Real Property Tax
  • 12.
  • 13.
  • 14.
  • 15.
  • 16. General Theory (General Theory of Employment, Interest & Money)
  • 17.
  • 19. •Trickle Down •Vicious Circle of Poverty •Debt Trap •Balance of Growth •Import Substitution •Manpower Development •Kaldor Model
  • 20. Basic Economic Problems •WHAT to produce Purchasing Power •HOW to produce Methods of Production •FOR WHOM to produce Peso Votes
  • 21.
  • 23.
  • 24.
  • 25. GNP (Gross National Product) GNI (Gross National Income) GDP (Gross National Product) Full Employment Unemployment Ex. C+G+I+Nx=GNP Price Stability Price Instability In. W+R+I+P+InT+D=GNP Economic Growth Absolute Poverty Ind. A+I+S=GNP External Balance Trade Imbalance S = I Tx = Sub Im = Ex
  • 27.
  • 28.
  • 30.
  • 31. RA 3844, Argicultural Land Reform Code, Diosdado Mcapagal Aug. 8, 1963 RA 6657, Comprehension Agrarian Reform Law (CARL) Comprehension Agrarian Reform Program (CARP) Department of Agrarian Reform (DAR) Corazon Aquino 1988