Beruflich Dokumente
Kultur Dokumente
Kagawaran ng Edukasyon
Dibisyon ng Romblon
FERROL NATIONAL HIGH SCHOOL
Brgy. Tubigon, Ferrol, Romblon
SENIOR HIGH SCHOOL
1. What is a state of poverty in which income is insufficient for maintaining a minimum standard of
living?
a. absolute poverty b. relative poverty c. virtual poverty d. comparative poverty
2. What is the systematic approach in estimating the strengths and weaknesses of alternatives?
a. cost-benefit analysis b. cost-benefit dimension c. cost- benefit threshold d. external
migration
3. What is the term popularized by Gary Becker that refers to the stock of knowledge, habits, social and
personality attributes, including creativity, embodied in the ability to perform labor so as to produce
economic value?
a. human capital b. human power c. human mind d. human resource
4. What is the graph of which the cumulative percentage of total national income (or some other
variable) is plotted against the cumulative percentage of the corresponding population (ranked in
increasing size of share)?
a. Lorenz Curve b. Gini Coefficient c. Spillover effects d. Wastage
5. What is the number of households having an income below the Poverty Threshold?
a. poverty incidence b. poverty threshold c. poverty trap d. poverty
6. It refers to the economic events in one context that occur because of something else in a seemingly
unrelated context, what is it?
a. spillover effects b. spillover cost c. spillover wastage d. surplus
7. It refers to the additional satisfaction or utility that a person receives from consuming an additional
unit of a good or service, what is it?
a. marginal benefit b. marginal cost c. social cost d. temporal dimension
8. What is the term being used to describe the amount of an asset or resource that exceeds the portion
that is utilized?
a. Scarcity b. Shortage c. Surplus d. Wastage
9. What is the state of an employed person not having enough paid work or not doing work that makes
full use of their skills and abilities?
a. unemployment b. employment c. underemployment d. poverty
10. What is the term being used that states that the loss of potential gain from other alternatives when
one alternative is chosen?
a. opportunity cost b. knowledge capital c. explicit cost d. temporal dimension
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2. What are the implications of slow adoption of modern technology on the national economy? (5pts)
3. The Pantawid Pamilyang Pilipino Program (4ps) is a conditional cash transfer program that aims to
alleviate poverty. Discuss the positive and negative sides of this policy and state and defend your
position for this issue. (10pts)