Philippines Sample Quiz

Philippines Sample Quiz

Professional Development

35 Qs

quiz-placeholder

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Philippines Sample Quiz

Philippines Sample Quiz

Assessment

Quiz

Education

Professional Development

Practice Problem

Hard

Created by

George Abushaibeh

FREE Resource

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35 questions

Show all answers

1.

OPEN ENDED QUESTION

20 sec • 1 pt

Deflation is the opposite of inflation and means that prices are decreasing over time.

Evaluate responses using AI:

OFF

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

In 2022, a movie ticket cost ₱250. In 2023, the same ticket costs ₱275. What is the inflation rate for movie tickets?

8%

10%

12%

15%

3.

OPEN ENDED QUESTION

20 sec • 1 pt

If the inflation rate is higher in the Philippines than in other countries, the Philippine peso will likely strengthen against foreign currencies.

Evaluate responses using AI:

OFF

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following is a way to measure inflation in the Philippines?

Gross Domestic Product (GDP)

Consumer Price Index (CPI)

Stock Market Index

Unemployment Rate

5.

OPEN ENDED QUESTION

20 sec • 1 pt

Inflation benefits borrowers because the real value of the money they repay decreases over time.

Evaluate responses using AI:

OFF

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following is most likely to happen during periods of high inflation?

People will save more money in banks.

The cost of borrowing money will decrease.

Prices of goods and services will rise rapidly.

The value of the currency will increase.

7.

OPEN ENDED QUESTION

20 sec • 1 pt

Hyperinflation is a situation where prices rise extremely quickly, often exceeding 50% per month.

Evaluate responses using AI:

OFF

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