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Questions in economics

[Sagot para sa’yo] Ano ang ibig sabihin ng complementary goods?

[Sagot para sa’yo] Which organization publishes the CPI in the United States? How is CPI monitored in the Philippines?

[Sagot para sa’yo] Ano ang ibig sabihin ng opportunity cost?

[Sagot para sa’yo] What is hyperinflation? Have we experienced this in the Philippines?

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

[Sagot para sa’yo] Why do economists prefer using real GDP instead of nominal GDP when comparing economic growth over time?

[Sagot para sa’yo] Ano ang ibig sabihin ng Law of Diminishing Marginal Returns?

[Sagot para sa’yo] What economic situation occurs when inflation is high, GDP is low, and unemployment is high?

[Sagot para sa’yo] Which of the following is NOT one of the main functions of money? A. Medium of exchange B. Store of value C. Producer of goods D. Standard of value

[Sagot para sa’yo] How do net exports impact a country’s GDP? Provide examples.