Regional Unified Quarterly Assessment

Analyze how the cycle and flow of the economy works?

• Relationships of each sector of the economy

• Income and expenses of the government each day

• Trade within and outside the country

• Transactions of financial institutions

Examine the interconnection of the economy cycle with households and businesses.

• Households use money to lend capital to businesses

• Households use collected taxes to create products for businesses.

• Factors of production come from households for processing by businesses.

• Households open new plants to create additional jobs for businesses.

In your opinion, which of the following has the ability to create products?

• Household

• Government

• Business

• All of the above

Examine which of the following has demand for products but lacks the ability to create products.

• Household

• Government

• Business

• All of the above

Which of the following is the basis for the increase in production?

• Financial government

• Growth of the national economy

• Prices of other products and services

• Market of goods and services

Explain the factors that contribute to the growth of the economy in a country.

• Increase in consumers

• Increase in income

• Increase in capital

• Increase in investment

Write a plan on how to stabilize an economy.

• Many people should patronize a product

• Population should increase

• Merchants should have sufficient capital

• Households should have sufficient savings

Discover how to make the flow of goods successful in a country?

• Balance capital and consumers

• Balance income and capital

• Balance products and services

• Balance savings and investments

Examine which of the following shows the growth of the national economy?

• Borrowing from the World Bank

• Through investment

• Increase in household demand

• Through increase in production and productivity of investment

Provide a solution to the increase in demand for supply.

• When the price of substitutes rises, demand increases

• When income decreases, people have less money to spend and demand decreases.

• An increase in income will lead to a decrease in demand because consumers need to cut back on spending.

• When prices decrease, demand increases