問題一覧
1
Pattern of fluctuations in economic activities is referred to as the ________________.
Business Cycle
2
_______________is defined as the diffusion of fluctuations in aggregate economic activities all over the economy and not just on a single industry economy of any given country is a system of closely interrelated parts, and to understand business cycle is to know the workings of an economic
system organized largely in a network of free enterprises searching for profits.
Business Cycle
3
_______________ is a Characteristic of industrialized and developing capitalistic economies; economic fluctuations occurred long before modern economies.
Business Cycle
4
Fluctuations in economic activities are too __________ and
too ____________ to be incorporated into a single universal theory applicable to every country.
complex, different
5
Even if the same explanation for business cycle holds in highly industrialized countries (i.e., USA) and in developing countries (i.e., the Philippines), it is not ______ to determine the causes of a business cycle.
easy
6
A _________________ is completed when it goes through a single boom and a single contraction in sequence.
Business Cycle
7
The time period to complete this sequence is called the ________ of the business cycle.
length
8
A _______ is characterized by a period of rapid economic growth whereas a period of relatively stagnated economic growth is a ____________.
boom, recession
9
The first stage in the business cycle is ______________.
expansion
10
In this stage, there is an increase in positive economic indicators such as employment, income, output, wages, profits, demand, and supply of goods and services.
Expansion
11
Expansion :
In this stage, there is an ___________ in positive economic indicators such as employment, income, output, wages, profits, demand, and supply of goods and services.
increase
12
Debtors are generally paying their debts on time, the velocity of the money supply is high, and investment is high.
Expansion :
13
Expansion :
Debtors are generally paying their debts on time, the velocity of the money supply is ______, and investment is ______.
high, high
14
This process continues as long as economic conditions are
favorable for expansion.
Expansion
15
The economy then reaches a saturation point, or _______, which is the second stage of the business cycle.
peak
16
The maximum limit of growth is attained.
Peak
17
The economic indicators do not grow further and are at their highest.
Peak
18
Peak :
The economic indicators _______ grow further and are at their ___________.
do not, highest
19
Prices are at their peak.
Peak
20
This stage marks the reversal point in the trend of economic growth.
Peak
21
Consumers tend to restructure their budgets at this point
Peak
22
The _____________ is the stage that follows the peak phase.
recession
23
The demand for goods and services starts declining rapidly and steadily in this phase.
recession
24
Producers do not notice the decrease in demand instantly and go on producing, which creates a situation of excess supply in the market.
Recession
25
Recession :
Producers _______ notice the _________ in demand
instantly and go on producing, which creates a situation of ________ supply in the market.
do not, decrease, excess
26
Prices tend to fall.
Recession
27
All positive economic indicators such as income, output, wages, etc., consequently start to fall.
Recession
28
There is a commensurate rise in unemployment.
Depression
29
The growth in the economy continues to decline, and as this below the steady growth line, the stage is called a ______________
depression
30
The growth in the economy continues to __________,
and as this _________ the steady growth line, the stage is called a depression.
decline, below
31
In the ____________ stage, the economy’s growth rate becomes negative.
depression
32
There is further decline until the prices of factors, as well as the demand and supply of goods and services, contract to reach their lowest point.
Depression
33
It is the negative saturation point for an economy.
Trough
34
There is extensive depletion of national income and expenditure.
Trough
35
After the trough, the economy moves to the stage of __________.
recovery
36
In this phase, there is a turnaround in the economy, and it begins to recover from the negative growth rate.
recovery
37
Demand starts to pick up due to low prices and, consequently, supply begins to increase.
Recovery
38
Recovery :
Demand starts to pick up due to ____ prices and, consequently, supply begins to _____________.
low, increase
39
The population develops a positive attitude towards investment and employment and production starts increasing.
Recovery
40
Employment begins to rise and, due to accumulated cash balances with the bankers, lending also shows positive signals.
Recovery
41
In this phase, depreciated capital is replaced, leading to new investments in the production process.
Recovery
42
________________ continues until the economy returns to steady growth levels.
Recovery
43
This completes one full business cycle of boom and contraction. The extreme points are the ______ and the __________.
peak, trough
44
unemployment, but its solution is ________ to achieve.
difficult
45
During the trying times of high inflation in the ______s, the late ___________ who was then the Minister of Labor opened the labor market to the countries in the ____________ as a temporary solution to the ballooning _____________ in the Philippines.
1970, Sen. Blas Ople, Middle East, Umemployment
46
_______________ represents sheer waste—the Philippine society loses the goods and services
Unemployment
47
The _____ of this country is the _____ of other countries as they progress with the help of the Filipinos who work for them.
loss, gain
48
_____________ is officially defined as all those who are 15 years old as of their last birthday andduring the reference period, and are reported
Unemployed
49
Unemployed is officially defined as ___ those who are ___ years old as of their last birthday and during the reference period, and are reported
all, 15
50
Unemployed :
________ work, i.e„had ___ job or business during the basic survey reference period;
without, no
51
Unemployed :
currently ___________ for work, i.e., were __________ and willing to take up work in paid employment or self-employment during the basic survey reference period, and/or would be __________ and willing to take up work in paid employment or self-employment within two weeks after the interview date; and
available, available
52
seeking work, i.e., had taken specific steps to look for a job or establish a business during the basic survey reference period; or not seeking work due to the following reasons: (a) tired/believe no work is available, i.e., the discouraged Workers who looked for work within the last six months prior to the interview date; (b) awaiting results of previous job application; (c) temporary illness/ disability; (d) bad weather; and (e) waiting for rehire/job recall.
Unemployed
53
_________________ is the proportion in percent of the total number of unemployed persons to the total persons in the labor force.
Unemployement rate
54
Unemployment rate is the proportion in percent of the total number of ____________ persons to the total persons in the labor force.
unemployed
55
Labor force includes all persons 15 years old and over as of their last birthday who contribute to the production of goods and services in the country whether employed or unemployed.
Mathematically:
Labor Force = Employed + Unemployed
56
______________ includes all persons 15 years old and over as of their last birthday who contribute to the production of goods and services in the country whether employed or unemployed. Mathematically:
Labor Force
57
Labor force includes all persons ____ years old and over as of their last birthday who contribute to the production of goods and services in the country whether ___________ or __________.
15, employed, unemployed
58
The percentage of the total number of persons in the labor force to the total population of 15 years old and over is called the _______________.
Labor Force Participation Rate
59
The percentage of the total number of persons in the ___________ to the total population of ____ years old and over is called the labor force participation rate.
labor force, 15
Topic 1
Topic 1
Mikyii · 67問 · 1年前Topic 1
Topic 1
67問 • 1年前Topic 2
Topic 2
Mikyii · 37問 · 1年前Topic 2
Topic 2
37問 • 1年前Topic 2.2 - 2.3
Topic 2.2 - 2.3
Mikyii · 44問 · 1年前Topic 2.2 - 2.3
Topic 2.2 - 2.3
44問 • 1年前Topic 1 - 1.2
Topic 1 - 1.2
Mikyii · 39問 · 1年前Topic 1 - 1.2
Topic 1 - 1.2
39問 • 1年前Topic 1.3
Topic 1.3
Mikyii · 37問 · 1年前Topic 1.3
Topic 1.3
37問 • 1年前Topic 1.4 - 1.5
Topic 1.4 - 1.5
Mikyii · 36問 · 1年前Topic 1.4 - 1.5
Topic 1.4 - 1.5
36問 • 1年前Topic 2.1 - 2.2
Topic 2.1 - 2.2
Mikyii · 78問 · 1年前Topic 2.1 - 2.2
Topic 2.1 - 2.2
78問 • 1年前Topic 2.3 - 2.4
Topic 2.3 - 2.4
Mikyii · 27問 · 1年前Topic 2.3 - 2.4
Topic 2.3 - 2.4
27問 • 1年前Topic 2.5
Topic 2.5
Mikyii · 57問 · 1年前Topic 2.5
Topic 2.5
57問 • 1年前Topic 2.6 - 2.7
Topic 2.6 - 2.7
Mikyii · 55問 · 1年前Topic 2.6 - 2.7
Topic 2.6 - 2.7
55問 • 1年前Topic 3.1
Topic 3.1
Mikyii · 25問 · 1年前Topic 3.1
Topic 3.1
25問 • 1年前Topic 3.2
Topic 3.2
Mikyii · 61問 · 1年前Topic 3.2
Topic 3.2
61問 • 1年前Topic 3.3
Topic 3.3
Mikyii · 43問 · 1年前Topic 3.3
Topic 3.3
43問 • 1年前Topic 3.4
Topic 3.4
Mikyii · 10問 · 1年前Topic 3.4
Topic 3.4
10問 • 1年前Topic 3
Topic 3
Mikyii · 32問 · 1年前Topic 3
Topic 3
32問 • 1年前Topic 4
Topic 4
Mikyii · 32問 · 1年前Topic 4
Topic 4
32問 • 1年前Topic 1
Topic 1
Mikyii · 48問 · 1年前Topic 1
Topic 1
48問 • 1年前Topic 2 : Unemployment
Topic 2 : Unemployment
Mikyii · 32問 · 1年前Topic 2 : Unemployment
Topic 2 : Unemployment
32問 • 1年前Topic 2 : Inflation
Topic 2 : Inflation
Mikyii · 59問 · 1年前Topic 2 : Inflation
Topic 2 : Inflation
59問 • 1年前問題一覧
1
Pattern of fluctuations in economic activities is referred to as the ________________.
Business Cycle
2
_______________is defined as the diffusion of fluctuations in aggregate economic activities all over the economy and not just on a single industry economy of any given country is a system of closely interrelated parts, and to understand business cycle is to know the workings of an economic
system organized largely in a network of free enterprises searching for profits.
Business Cycle
3
_______________ is a Characteristic of industrialized and developing capitalistic economies; economic fluctuations occurred long before modern economies.
Business Cycle
4
Fluctuations in economic activities are too __________ and
too ____________ to be incorporated into a single universal theory applicable to every country.
complex, different
5
Even if the same explanation for business cycle holds in highly industrialized countries (i.e., USA) and in developing countries (i.e., the Philippines), it is not ______ to determine the causes of a business cycle.
easy
6
A _________________ is completed when it goes through a single boom and a single contraction in sequence.
Business Cycle
7
The time period to complete this sequence is called the ________ of the business cycle.
length
8
A _______ is characterized by a period of rapid economic growth whereas a period of relatively stagnated economic growth is a ____________.
boom, recession
9
The first stage in the business cycle is ______________.
expansion
10
In this stage, there is an increase in positive economic indicators such as employment, income, output, wages, profits, demand, and supply of goods and services.
Expansion
11
Expansion :
In this stage, there is an ___________ in positive economic indicators such as employment, income, output, wages, profits, demand, and supply of goods and services.
increase
12
Debtors are generally paying their debts on time, the velocity of the money supply is high, and investment is high.
Expansion :
13
Expansion :
Debtors are generally paying their debts on time, the velocity of the money supply is ______, and investment is ______.
high, high
14
This process continues as long as economic conditions are
favorable for expansion.
Expansion
15
The economy then reaches a saturation point, or _______, which is the second stage of the business cycle.
peak
16
The maximum limit of growth is attained.
Peak
17
The economic indicators do not grow further and are at their highest.
Peak
18
Peak :
The economic indicators _______ grow further and are at their ___________.
do not, highest
19
Prices are at their peak.
Peak
20
This stage marks the reversal point in the trend of economic growth.
Peak
21
Consumers tend to restructure their budgets at this point
Peak
22
The _____________ is the stage that follows the peak phase.
recession
23
The demand for goods and services starts declining rapidly and steadily in this phase.
recession
24
Producers do not notice the decrease in demand instantly and go on producing, which creates a situation of excess supply in the market.
Recession
25
Recession :
Producers _______ notice the _________ in demand
instantly and go on producing, which creates a situation of ________ supply in the market.
do not, decrease, excess
26
Prices tend to fall.
Recession
27
All positive economic indicators such as income, output, wages, etc., consequently start to fall.
Recession
28
There is a commensurate rise in unemployment.
Depression
29
The growth in the economy continues to decline, and as this below the steady growth line, the stage is called a ______________
depression
30
The growth in the economy continues to __________,
and as this _________ the steady growth line, the stage is called a depression.
decline, below
31
In the ____________ stage, the economy’s growth rate becomes negative.
depression
32
There is further decline until the prices of factors, as well as the demand and supply of goods and services, contract to reach their lowest point.
Depression
33
It is the negative saturation point for an economy.
Trough
34
There is extensive depletion of national income and expenditure.
Trough
35
After the trough, the economy moves to the stage of __________.
recovery
36
In this phase, there is a turnaround in the economy, and it begins to recover from the negative growth rate.
recovery
37
Demand starts to pick up due to low prices and, consequently, supply begins to increase.
Recovery
38
Recovery :
Demand starts to pick up due to ____ prices and, consequently, supply begins to _____________.
low, increase
39
The population develops a positive attitude towards investment and employment and production starts increasing.
Recovery
40
Employment begins to rise and, due to accumulated cash balances with the bankers, lending also shows positive signals.
Recovery
41
In this phase, depreciated capital is replaced, leading to new investments in the production process.
Recovery
42
________________ continues until the economy returns to steady growth levels.
Recovery
43
This completes one full business cycle of boom and contraction. The extreme points are the ______ and the __________.
peak, trough
44
unemployment, but its solution is ________ to achieve.
difficult
45
During the trying times of high inflation in the ______s, the late ___________ who was then the Minister of Labor opened the labor market to the countries in the ____________ as a temporary solution to the ballooning _____________ in the Philippines.
1970, Sen. Blas Ople, Middle East, Umemployment
46
_______________ represents sheer waste—the Philippine society loses the goods and services
Unemployment
47
The _____ of this country is the _____ of other countries as they progress with the help of the Filipinos who work for them.
loss, gain
48
_____________ is officially defined as all those who are 15 years old as of their last birthday andduring the reference period, and are reported
Unemployed
49
Unemployed is officially defined as ___ those who are ___ years old as of their last birthday and during the reference period, and are reported
all, 15
50
Unemployed :
________ work, i.e„had ___ job or business during the basic survey reference period;
without, no
51
Unemployed :
currently ___________ for work, i.e., were __________ and willing to take up work in paid employment or self-employment during the basic survey reference period, and/or would be __________ and willing to take up work in paid employment or self-employment within two weeks after the interview date; and
available, available
52
seeking work, i.e., had taken specific steps to look for a job or establish a business during the basic survey reference period; or not seeking work due to the following reasons: (a) tired/believe no work is available, i.e., the discouraged Workers who looked for work within the last six months prior to the interview date; (b) awaiting results of previous job application; (c) temporary illness/ disability; (d) bad weather; and (e) waiting for rehire/job recall.
Unemployed
53
_________________ is the proportion in percent of the total number of unemployed persons to the total persons in the labor force.
Unemployement rate
54
Unemployment rate is the proportion in percent of the total number of ____________ persons to the total persons in the labor force.
unemployed
55
Labor force includes all persons 15 years old and over as of their last birthday who contribute to the production of goods and services in the country whether employed or unemployed.
Mathematically:
Labor Force = Employed + Unemployed
56
______________ includes all persons 15 years old and over as of their last birthday who contribute to the production of goods and services in the country whether employed or unemployed. Mathematically:
Labor Force
57
Labor force includes all persons ____ years old and over as of their last birthday who contribute to the production of goods and services in the country whether ___________ or __________.
15, employed, unemployed
58
The percentage of the total number of persons in the labor force to the total population of 15 years old and over is called the _______________.
Labor Force Participation Rate
59
The percentage of the total number of persons in the ___________ to the total population of ____ years old and over is called the labor force participation rate.
labor force, 15