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Questions in economics

[Sagot para sa’yo] How does globalization make financial crises spread faster across countries?

[Sagot para sa’yo] Ano ang Income Inequality?

[Sagot para sa’yo] Why is financial literacy important in preventing personal and national financial crises?

[Sagot para sa’yo] Ano ang trough sa business cycle?

[Sagot para sa’yo] How does the behavior of financial markets affect ordinary people during an economic crisis?

[Sagot para sa’yo] Why do economists prefer using real GDP to track a country’s true economic performance?

[Sagot para sa’yo] How do economic crises affect students and young people in the Philippines?

[Sagot para sa’yo] Why do policymakers look at different approaches to measuring GDP (expenditure, income, production)? What are the benefits of each?

[Sagot para sa’yo] What is an asset price bubble, and why is it dangerous to the economy?

[Sagot para sa’yo] Why do high interest rates discourage people from buying durable goods? Give example to support your answer.