Scribd
Upload
314 views1 page

Basic Microeconomics

This document is a quiz that contains 15 multiple choice questions that require identifying whether each item described is microeconomic or macroeconomic in nature. The items cover topics like the establishment of business branches, economic growth rates, crop selection, government subsidies, import/export levels, crime rates, wage increases, and sales volumes. Answering whether each item has micro or macroeconomic characteristics is the goal of the quiz.

Uploaded by

Prince Litch
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
314 views1 page

Basic Microeconomics

This document is a quiz that contains 15 multiple choice questions that require identifying whether each item described is microeconomic or macroeconomic in nature. The items cover topics like the establishment of business branches, economic growth rates, crop selection, government subsidies, import/export levels, crime rates, wage increases, and sales volumes. Answering whether each item has micro or macroeconomic characteristics is the goal of the quiz.

Uploaded by

Prince Litch
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 1

QUIZ

A. IDENTIFICATION (15 items x 1 point)

Determine whether the following items are microeconomic or macroeconomic in nature.

Macroeconomic 1. Establishment of Jollibee branches in the country.


Macroeconomic 2. Inflation rate in the Philippines is at 3.3%.
Macroeconomic 3. 6.4% growth in gross domestic product
Macroeconomic 4. Selection of crop to be produced.
Microeconomic 5. Government subsidy for smallholder farmers in Nueva Ecija.
Macroeconomic 6. Decrease in rice importation.
Macroeconomic 7. Production of calamansi from group of farmers to institutional markets.
Microeconomic 8. Budgeting practices of a housewife.
Microeconomic 9. Analysis on number of workers needed to harvest crops from five (5) hectares land.
Macroeconomic 10. Terrorist attacks.
Macroeconomic 11. Increasing crime rate.
Microeconomic 12. Wage increase in a factory.
Macroeconomic 13. Volume of onion production of a cooperative.
Microeconomic 14. Increase in sales of a vegetable store.
Macroeconomic 15. Rate increase on electricity.

01 Activity 1
*Property of STI
Page 2 of 2

You might also like