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Questions in economics

[Sagot para sa’yo] Which policy is used by central banks to reduce inflation? A. Expansionary fiscal policy B. Increasing the money supply C. Raising interest rates D. Increasing government subsidies

[Sagot para sa’yo] Ano ang ibig sabihin ng marginal revenue?

[Sagot para sa’yo] What does the Consumer Price Index (CPI) measure? A. Prices paid by producers B. Inflation in construction materials C. Average prices of a basket of consumer goods and services D. Government spending

[Sagot para sa’yo] Ano ang ibig sabihin ng price discrimination?

[Sagot para sa’yo] What does GDP per capita attempt to measure? A. The number of products produced B. The income of the richest citizens C. The average economic outpu

[Sagot para sa’yo] Ano ang ibig sabihin ng perfect competition? Magbigay ng halimbawa nito sa Pilipinas.

[Sagot para sa’yo] What is the "trough" in a business cycle? A. The highest point of GDP before a slowdown B. A temporary drop in inflation C. The lowest point of economic activity before recovery D. The point where all unemployment ends

[Sagot para sa’yo] Ano ang ibig sabihin ng elasticity of demand?

[Sagot para sa’yo] Why does the unemployment rate not always show the complete picture of joblessness in a country?

[Sagot para sa’yo] What are the different types of unemployment and how do they apply to real-life situations in the Philippines?