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โ† SetsApplied Economics โ€” Set 6
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Applied Economics Practice Questions โ€” Set 6

10 free Applied Economics reviewer questions with answers and explanations. Pindutin ang sagot mo para makita agad kung tama โ€” kasama na ang paliwanag. Set 6 of 8.

51

Which sector contributes most to the Philippines' GDP?

52

What is inflation?

53

What is the Consumer Price Index (CPI)?

54

If CPI was 120 last year and 126 this year, what is the inflation rate?

55

What causes demand-pull inflation?

56

What causes cost-push inflation?

57

What is hyperinflation?

58

What is deflation?

59

What is unemployment rate?

60

What is frictional unemployment?