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BFI (CHAPTER 3)

BFI (CHAPTER 3)
21問 • 1年前
  • Angela Abelinde
  • 通報

    問題一覧

  • 1

    Refers to the “ measures employed by governments to stabilize the economy, specifically by manipulating the levels and allocations of taxes and government expenditures.

    fiscal

  • 2

    measures are frequently used in tandem with monetary policy to achieve certain goals. In the Philippines, this is characterized by continuous and increasing levels of debt and budget deficits.

    fiscal

  • 3

    The government may implement changes to tax laws, such as lowering income tax rates or introducing new taxes, to stimulate economic growth or increase revenue.

    tax reform

  • 4

    Investing in infrastructure projects like roads, bridges, airports, and public transportation to boost economic activity, create jobs, and improve productivity.

    Infrastructure spending

  • 5

    Allocating funds for social welfare programs such as healthcare, education, and housing to support the well-being of citizens and reduce poverty.

    Social welfare programs

  • 6

    Prioritizing government spending in specific sectors or regions to address developmental needs and promote inclusive growth.

    Budget allocation

  • 7

    Offering tax incentives or exemptions to attract foreign investments, encourage entrepreneurship, and foster business growth.

    Tax incentives

  • 8

    Implementing strategies to manage public debt levels effectively, such as refinancing existing debt, issuing bonds, or negotiating loan terms with creditors.

    Debt management

  • 9

    The provision for social goods, or the process by which total resource use is divided between private and social goods and by which the mix of social good is chosen. Social goods, as distinct from private goods, cannot be provided for through the market system.

    Allocation

  • 10

    adjustment of the distribution of income and wealth to assure conformance with what society considers a “fair”or “just” state of distribution. The distribution of income and wealth determined by the market forces and laws of inheritance involve a substantial degree of inequality. Tax transfer policies of the government play an important role in reducing the inequalities in income and wealth in the economy.

    Distribution

  • 11

    Fiscal Policy is needed for stabilization, since full employment and price level stability do not come about automatically in a market economy. Without it the economy tends to be subject to substantial fluctuations, and it may suffer from sustained periods of unemployment or inflation. Unemployment and inflation may exist at the same time. Such a situation is known as stagflation.

    Stabilization

  • 12

    Moreover, the problem is not only one of maintaining high employment or of curtailing inflation within a given level of capacity output. The effects of fiscal policy upon the rate of growth of potentials output must also be allowed for. Fiscal Policy may affect the rate of savibg and the willingness to invest and may thereby influence the rate of capital formation.

    Economy Growth

  • 13

    It is a major economic policy together with fiscal policy. It is the monetary board of bangko sentral which formulates monetary policies. Policies are a general rule. These are rules in attaining the objectives of bangko sentral, kagaya ng monetary stability, full employment, and balanced economic growth.

    monetary policy

  • 14

    regulated by the Bangko Sentral. It offers a variety of products and services, including general banking. It is designed to serve the diverse needs of the population, with a focus on financial inclusion and digitalization. The essence of the banking system is to meet the financial needs of all its citizens.

    banking policy

  • 15

    An Act Providing for the Regulation and Organization of Islamic Banks: This law provides the framework for the establishment, operation, and regulation of Islamic Banks in the Philippines. It allows the creation of Islamic banks and Islamic banking units within conventional banks, which conduct business transactions in accordance with Shari’ah principles.

    R.A 11439

  • 16

    The National Payment Systems Act: This law provides for the regulation and supervision of payment systems in the Philippines. It authorizes the Bangko Sentral ng Pilipinas (BSP) to oversee and exercise supervisory and regulatory powers over payment systems in the country. The aim is to promote a safe, secure, efficient, and reliable operation of payment systems.

    R.A 11127

  • 17

    Anti-Money Laundering Act of 2001: This act amends Republic Act No. 9160. It is a policy of the state to protect the integrity and confidentiality of bank accounts and to ensure that the Philippines shall not be used as a money laundering site for the proceeds of any unlawful activity. It includes provisions for the reporting of suspicious transactions to the Anti-Money Laundering Council.

    R.A 9194

  • 18

    The General Banking Law of 2000: This law provides for the regulation of the organization and operations of banks, quasi-banks, and trust entities. The policy aims to ensure the soundness and stability of the country's banking system, which is crucial for economic growth.

    R.A 8791

  • 19

    is the control of the quantity of money available in an economy and the channels by which new money is supplied.

    monetary policy

  • 20

    When there is “too much money” in the economy supporting overall demand for goods and services which in return, increase inflationary pressures.

    contractionary

  • 21

    When there is “too little money” in the economy which dampens overall demand for goods and services.

    expansionary

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    問題一覧

  • 1

    Refers to the “ measures employed by governments to stabilize the economy, specifically by manipulating the levels and allocations of taxes and government expenditures.

    fiscal

  • 2

    measures are frequently used in tandem with monetary policy to achieve certain goals. In the Philippines, this is characterized by continuous and increasing levels of debt and budget deficits.

    fiscal

  • 3

    The government may implement changes to tax laws, such as lowering income tax rates or introducing new taxes, to stimulate economic growth or increase revenue.

    tax reform

  • 4

    Investing in infrastructure projects like roads, bridges, airports, and public transportation to boost economic activity, create jobs, and improve productivity.

    Infrastructure spending

  • 5

    Allocating funds for social welfare programs such as healthcare, education, and housing to support the well-being of citizens and reduce poverty.

    Social welfare programs

  • 6

    Prioritizing government spending in specific sectors or regions to address developmental needs and promote inclusive growth.

    Budget allocation

  • 7

    Offering tax incentives or exemptions to attract foreign investments, encourage entrepreneurship, and foster business growth.

    Tax incentives

  • 8

    Implementing strategies to manage public debt levels effectively, such as refinancing existing debt, issuing bonds, or negotiating loan terms with creditors.

    Debt management

  • 9

    The provision for social goods, or the process by which total resource use is divided between private and social goods and by which the mix of social good is chosen. Social goods, as distinct from private goods, cannot be provided for through the market system.

    Allocation

  • 10

    adjustment of the distribution of income and wealth to assure conformance with what society considers a “fair”or “just” state of distribution. The distribution of income and wealth determined by the market forces and laws of inheritance involve a substantial degree of inequality. Tax transfer policies of the government play an important role in reducing the inequalities in income and wealth in the economy.

    Distribution

  • 11

    Fiscal Policy is needed for stabilization, since full employment and price level stability do not come about automatically in a market economy. Without it the economy tends to be subject to substantial fluctuations, and it may suffer from sustained periods of unemployment or inflation. Unemployment and inflation may exist at the same time. Such a situation is known as stagflation.

    Stabilization

  • 12

    Moreover, the problem is not only one of maintaining high employment or of curtailing inflation within a given level of capacity output. The effects of fiscal policy upon the rate of growth of potentials output must also be allowed for. Fiscal Policy may affect the rate of savibg and the willingness to invest and may thereby influence the rate of capital formation.

    Economy Growth

  • 13

    It is a major economic policy together with fiscal policy. It is the monetary board of bangko sentral which formulates monetary policies. Policies are a general rule. These are rules in attaining the objectives of bangko sentral, kagaya ng monetary stability, full employment, and balanced economic growth.

    monetary policy

  • 14

    regulated by the Bangko Sentral. It offers a variety of products and services, including general banking. It is designed to serve the diverse needs of the population, with a focus on financial inclusion and digitalization. The essence of the banking system is to meet the financial needs of all its citizens.

    banking policy

  • 15

    An Act Providing for the Regulation and Organization of Islamic Banks: This law provides the framework for the establishment, operation, and regulation of Islamic Banks in the Philippines. It allows the creation of Islamic banks and Islamic banking units within conventional banks, which conduct business transactions in accordance with Shari’ah principles.

    R.A 11439

  • 16

    The National Payment Systems Act: This law provides for the regulation and supervision of payment systems in the Philippines. It authorizes the Bangko Sentral ng Pilipinas (BSP) to oversee and exercise supervisory and regulatory powers over payment systems in the country. The aim is to promote a safe, secure, efficient, and reliable operation of payment systems.

    R.A 11127

  • 17

    Anti-Money Laundering Act of 2001: This act amends Republic Act No. 9160. It is a policy of the state to protect the integrity and confidentiality of bank accounts and to ensure that the Philippines shall not be used as a money laundering site for the proceeds of any unlawful activity. It includes provisions for the reporting of suspicious transactions to the Anti-Money Laundering Council.

    R.A 9194

  • 18

    The General Banking Law of 2000: This law provides for the regulation of the organization and operations of banks, quasi-banks, and trust entities. The policy aims to ensure the soundness and stability of the country's banking system, which is crucial for economic growth.

    R.A 8791

  • 19

    is the control of the quantity of money available in an economy and the channels by which new money is supplied.

    monetary policy

  • 20

    When there is “too much money” in the economy supporting overall demand for goods and services which in return, increase inflationary pressures.

    contractionary

  • 21

    When there is “too little money” in the economy which dampens overall demand for goods and services.

    expansionary