Podcast
Questions and Answers
How can high unemployment rates negatively impact purchasing power?
How can high unemployment rates negatively impact purchasing power?
- By attracting foreign investments
- By reducing income levels (correct)
- By increasing consumer spending
- By stimulating economic activities
What is a positive impact of stable and peaceful conditions on economic activities?
What is a positive impact of stable and peaceful conditions on economic activities?
- Reducing foreign investments
- Increasing job opportunities (correct)
- Deterring tourism
- Encouraging political instability
How can poorly implemented government policies affect purchasing power?
How can poorly implemented government policies affect purchasing power?
- Exacerbating economic challenges (correct)
- Stimulating exports
- Enhancing economic growth
- Mitigating contemporary issues
What can global economic downturns lead to in terms of purchasing power?
What can global economic downturns lead to in terms of purchasing power?
Why is it important for entrepreneurs to understand the dynamics of rental costs?
Why is it important for entrepreneurs to understand the dynamics of rental costs?
How can remittances from overseas Filipino workers (OFWs) impact the purchasing power of families left behind?
How can remittances from overseas Filipino workers (OFWs) impact the purchasing power of families left behind?
What is a potential negative impact of fluctuations in the exchange rate on purchasing power?
What is a potential negative impact of fluctuations in the exchange rate on purchasing power?
How do higher oil prices affect the cost of goods and services?
How do higher oil prices affect the cost of goods and services?
What is a positive impact of lower unemployment rates on consumer behavior?
What is a positive impact of lower unemployment rates on consumer behavior?
How can brain drain negatively impact the economy?
How can brain drain negatively impact the economy?
