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Questions in economics

[Sagot para sa’yo] What is the required reserve ratio mainly for? A. To help banks earn more B. To prevent fraud C. To make sure banks can return depositors’ money D. To raise money for the government

[Sagot para sa’yo] If the inflation rate is 5% and a savings account earns 3% interest, what is the real interest rate?

[Sagot para sa’yo] Which of the following best describes commodity money? A. Money backed by government law B. Paper money that represents gold C. Money that has value on its own D. Virtual money used online

[Sagot para sa’yo] Which is a short-term effect of inflation on savers?

[Sagot para sa’yo] What is the main goal of advertising in monopolistic competition? A. To sell cheaper products B. To stop competition C. To differentiate products and attract loyalty D. To raise taxes

[Sagot para sa’yo] How does the inflation rate affect purchasing power, especially among low-income households?

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

[Sagot para sa’yo] How can inflation affect the daily lives of ordinary Filipinos? Provide examples.

[Sagot para sa’yo] Why is portability an important characteristic of money? A. So people can collect money in large banks B. So it doesn’t lose value easily C. So it can be carried around easily D. So it cannot be stolen

[Sagot para sa’yo] What is the term for inflation that happens when production costs rise?