Philippine GDP Growth Quiz

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Questions and Answers

Which economic sector had the lowest growth in the second quarter of 2023?

  • Industry
  • Wholesale and retail trade
  • Agriculture, forestry, fishing (correct)
  • Services

Which sector contributed the most to the GDP growth in the second quarter of 2023?

  • Services
  • Industry
  • Agriculture, forestry, fishing
  • Transportation and storage (correct)

What was the growth rate of Household Final Consumption Expenditure (HFCE) in the second quarter of 2023?

  • 5.5 percent (correct)
  • 0.4 percent
  • 2.1 percent
  • -7.1 percent

Which item experienced a contraction in the second quarter of 2023?

<p>Government Final Consumption Expenditure (GFCE) (A)</p> Signup and view all the answers

What was the overall GDP growth rate in the second quarter of 2023?

<p>4.3 percent (D)</p> Signup and view all the answers

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