16 Questions
What is the main focus of the learning objectives for ABM_AE12-Ie-h-8?
Learning the role of the Central Bank and how monetary works
What is the purpose of the 'WARM UP. MY MONEY, MY BUDGET' activity?
To make a list of purchases and budget money while in school
What does the term 'Philippine market' refer to?
The economic environment in the Philippines where buyers and sellers engage in transactions
What is the purpose of the 'BOARD WORK- CAUSE AND EFFECT' activity?
To write the effect of social concerns in the 21st century Philippines
Which of the following is NOT one of the learning objectives for ABM_AE12-Ie-h-8?
Analyzing the effects of migration, fluctuations in exchange rate, and oil price increases on purchasing power
What is expected after the students share their output in the 'WARM UP. MY MONEY, MY BUDGET' activity?
Evaluating the list of purchases and budgeting done by other students
What does labor generally refer to in the context of production?
Physical and mental effort exerted by individuals
Which type of unemployment is caused by technology changes and upgrades that require special skills?
Structural unemployment
What does population growth depend on?
Birth rates and immigration
What is the act of individuals moving into a country with the intention of establishing permanent residence called?
Immigration
Why do people immigrate to other countries?
For family reunification
What is the impact of immigration on the receiving country?
Contribution to cultural diversity and economic growth
What is a common phenomenon associated with overseas Filipino workers?
Sending remittances to their home country
What is the reason for emigrants leaving their home country?
Economic hardship
What does labor force refer to?
Individuals employed or seeking employment plus underemployed individuals
What represents the main factor of production alongside land and capital?
Labor
This quiz examines the impact of contemporary issues such as migration, exchange rate fluctuations, oil price increases, unemployment, and peace and order on the purchasing power of the people in the Philippines. It also explores the role of the Central Bank, monetary policies, labor force dynamics, and fairness in economic transactions.
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