1. What was Wrexington's GDP in 2008?
2. What was Wrexington's consumption in 2008?
3. What was Wrexington's investment in 2008?
4. What were Wrexington's government purchases in 2008?
5. What were Wrexington's net exports in 2008?
Saturday, August 27, 2011
Take-Home Seatwork
Write the answers of the succeeding questions on the reverse side of the paper you have utilized for Quiz 1 & 2. Show the complete solution for every question, otherwise it won't be credited.
1. What was Wrexington's GDP in 2008?
2. What was Wrexington's consumption in 2008?
3. What was Wrexington's investment in 2008?
4. What were Wrexington's government purchases in 2008?
5. What were Wrexington's net exports in 2008?
1. What was Wrexington's GDP in 2008?
2. What was Wrexington's consumption in 2008?
3. What was Wrexington's investment in 2008?
4. What were Wrexington's government purchases in 2008?
5. What were Wrexington's net exports in 2008?
Take-Home Quiz 2
Write the letter of the correct answer on the same one whole yellow paper you have used in Take-Home Quiz 1
1. Gross domestic product measures
A) the total spending of everyone in the economy.
B) the value of all output in the economy.
C) the total income of everyone in the economy.
D) all of the above
2. Which of the following is an example of a final good or service?
A) wheat a bakery purchases to make bread
B) coffee beans Starbucks purchases to make coffee
C) lumber purchased by a construction company to used in building houses
D) a computer purchased by Federal Express to track shipments
3. Which of the following is a good or service counted in GDP?
A) tires Ford buys to put on a car
B) a used tire you buy for your personal car
C) a new tire you buy for your personal car
D) used tires bought by a used car dealer to put on a car on his lot
4. Double counting can be avoided by
A) including the value of intermediate goods in the current year.
B) not counting the value of intermediate goods in GDP.
C) including the value of intermediate goods in the GNP but not in the GDP.
D) including the value of intermediate goods in the production year but not in the selling
year of those goods.
5. Which of the following would NOT be counted in 2007ʹs GDP?
A) the value of a 2005 boat you purchase from a boat dealer in 2007
B) the 2007 salary of a used motorcycle salesperson
C) the commissions earned by a real estate agent in selling condominiums built prior to
2007
D) the value of a refrigerator manufactured in 2007 but not sold in 2007
6. If no foreign companies produce in a country, but many of the countryʹs companies produce
abroad, then
A) the countryʹs GNP will tend to exceed its GDP.
B) the countryʹs GDP will tend to exceed its GNP.
C) the countryʹs GNP and GDP will tend to be equal.
D) the countryʹs GDP will tend to be equal to its domestic income
7. The value of what KFC produces in Japan is included in the U.S. ________ and in the Japanese
________.
A) GDP; GDP B) GNP; GNP C) GNP; GDP D) GDP; GNP
8. Income Mexican citizens earn in the U.S. counts in
A) U.S. GNP. B) Mexican GNP.
C) Mexican GDP. D) both U.S. and Mexican GDP.
9. The single largest expenditure component in GDP is
A) government spending. B) investment.
C) consumption. D) net exports
10. The total value of all capital goods newly produced in a given period is
A) the change in business inventories. B) depreciation.
C) net investment. D) gross investment.
11. When calculating GDP, exports are ________ and imports are ________.
A) added; added B) added; subtracted
C) subtracted; added D) subtracted; subtracted
12. What type of tax affects the amount of money you pay for a product?
A) direct tax B) income tax
C) indirect tax D) all of the above
13. Nominal GDP measures the value of all goods and services
A) in constant dollars. B) in current dollars.
C) in fixed dollars. D) without inflation.
14. Gross domestic product measured in terms of the prices of a fixed, or base, year is
A) current GDP. B) base GDP. C) real GDP. D) nominal GDP.
15. If real GDP in 2007 using 2006 prices is lower than nominal GDP of 2007, then
A) prices in 2007 are lower than prices in 2006.
B) nominal GDP in 2007 equals nominal GDP in 2006.
C) prices in 2007 are higher than prices in 2006.
D) real GDP in 2007 is larger than real GDP in 2006.
1. Gross domestic product measures
A) the total spending of everyone in the economy.
B) the value of all output in the economy.
C) the total income of everyone in the economy.
D) all of the above
2. Which of the following is an example of a final good or service?
A) wheat a bakery purchases to make bread
B) coffee beans Starbucks purchases to make coffee
C) lumber purchased by a construction company to used in building houses
D) a computer purchased by Federal Express to track shipments
3. Which of the following is a good or service counted in GDP?
A) tires Ford buys to put on a car
B) a used tire you buy for your personal car
C) a new tire you buy for your personal car
D) used tires bought by a used car dealer to put on a car on his lot
4. Double counting can be avoided by
A) including the value of intermediate goods in the current year.
B) not counting the value of intermediate goods in GDP.
C) including the value of intermediate goods in the GNP but not in the GDP.
D) including the value of intermediate goods in the production year but not in the selling
year of those goods.
5. Which of the following would NOT be counted in 2007ʹs GDP?
A) the value of a 2005 boat you purchase from a boat dealer in 2007
B) the 2007 salary of a used motorcycle salesperson
C) the commissions earned by a real estate agent in selling condominiums built prior to
2007
D) the value of a refrigerator manufactured in 2007 but not sold in 2007
6. If no foreign companies produce in a country, but many of the countryʹs companies produce
abroad, then
A) the countryʹs GNP will tend to exceed its GDP.
B) the countryʹs GDP will tend to exceed its GNP.
C) the countryʹs GNP and GDP will tend to be equal.
D) the countryʹs GDP will tend to be equal to its domestic income
7. The value of what KFC produces in Japan is included in the U.S. ________ and in the Japanese
________.
A) GDP; GDP B) GNP; GNP C) GNP; GDP D) GDP; GNP
8. Income Mexican citizens earn in the U.S. counts in
A) U.S. GNP. B) Mexican GNP.
C) Mexican GDP. D) both U.S. and Mexican GDP.
9. The single largest expenditure component in GDP is
A) government spending. B) investment.
C) consumption. D) net exports
10. The total value of all capital goods newly produced in a given period is
A) the change in business inventories. B) depreciation.
C) net investment. D) gross investment.
11. When calculating GDP, exports are ________ and imports are ________.
A) added; added B) added; subtracted
C) subtracted; added D) subtracted; subtracted
12. What type of tax affects the amount of money you pay for a product?
A) direct tax B) income tax
C) indirect tax D) all of the above
13. Nominal GDP measures the value of all goods and services
A) in constant dollars. B) in current dollars.
C) in fixed dollars. D) without inflation.
14. Gross domestic product measured in terms of the prices of a fixed, or base, year is
A) current GDP. B) base GDP. C) real GDP. D) nominal GDP.
15. If real GDP in 2007 using 2006 prices is lower than nominal GDP of 2007, then
A) prices in 2007 are lower than prices in 2006.
B) nominal GDP in 2007 equals nominal GDP in 2006.
C) prices in 2007 are higher than prices in 2006.
D) real GDP in 2007 is larger than real GDP in 2006.
Take-Home Quiz 1
Answer the following questions on one whole yellow paper. Write only the letter that corresponds to the correct answer.
To be submitted on the 2nd of September, 2011, Friday.
1.Fiscal policy is carried out primarily by:
A) the Federal government. C) state governments alone.
B) state and local governments working together. D) local governments alone.
2. Fiscal policy refers to the:
A) manipulation of government spending and taxes to stabilize domestic output, employment, and the
price level.
B) manipulation of government spending and taxes to achieve greater equality in the distribution of
income.
C) altering of the interest rate to change aggregate demand.
D) fact that equal increases in government spending and taxation will be contractionary.
3. Contractionary fiscal policy is so named because it:
A) involves a contraction of the nation's money supply.
B) necessarily reduces the size of government.
C) is aimed at reducing aggregate demand and thus achieving price stability.
D) is expressly designed to contract real GDP.
4. Assume that aggregate demand in the economy is excessive, causing demand-pull inflation. Which of the
following would be most in accord with appropriate government fiscal policy?
A) an increase in Federal income tax rates
B) an increase in the size of income tax exemptions for each dependent
C) passage of legislation providing for the construction of 8,000 new school buildings
D) an increase in soil conservation subsidies to farmers
5. In a certain year the aggregate amount demanded at the existing price level consists of $100 billion of
consumption, $40 billion of investment, $10 billion of net exports, and $20 billion of government
purchases. Full-employment GDP is $120 billion. To obtain price level stability under these conditions the
government should:
A) increase tax rates and reduce government spending.
B) discourage personal saving by reducing the interest rate on government bonds.
C) increase government expenditures.
D) encourage private investment by reducing corporate income taxes.
6. An appropriate fiscal policy for a severe recession is:
A) a decrease in government spending. C) appreciation of the dollar.
B) a decrease in tax rates. D) an increase in interest rates.
7. In an aggregate demand-aggregate supply diagram, equal decreases in government spending and taxes will:
A) shift the AD curve to the right. C) not affect the AD curve.
B) increase the equilibrium GDP. D) shift the AD curve to the left.
8. A contractionary fiscal policy is shown as a:
A) rightward shift in the economy's aggregate demand curve.
B) rightward shift in the economy's aggregate supply curve.
C) movement along an existing aggregate demand curve.
D) leftward shift in the economy's aggregate demand curve.
9. Refer to the above diagram, in which Qf is the full-employment output. A contractionary fiscal policy
would be most appropriate if the economy's present aggregate demand curve were at:
A) AD0 B) AD1 C) AD2 D) AD3
10. Refer to the above diagram, in which Qf is the full-employment output. An expansionary fiscal policy
would be most appropriate if the economy's present aggregate demand curve were at:
A) AD0 B) AD1 C) AD2 D) AD3
11. Refer to the above diagram, in which Qf is the full-employment output. If the economy's present aggregate
demand curve is AD2:
A) the most appropriate fiscal policy is an increase of government expenditures or a reduction of taxes.
B) the most appropriate fiscal policy is a reduction of government expenditures or an increase of taxes.
C) government should undertake neither an expansionary nor a contractionary fiscal policy.
D) the economy is achieving its full capacity output.
12. Refer to the above diagram, in which Qf is the full-employment output. If the economy's current aggregate
demand curve is AD0, it is experiencing:
A) a positive GDP gap. B) a negative GDP gap. C) inflation. D) an adverse supply shock.
13. Refer to the above diagram, in which Qf is the full-employment output. If the economy's current aggregate
demand curve is AD3, it is experiencing:
A) a positive GDP gap. B) a negative GDP gap. C) a recession. D) cost-push inflation.
14. Refer to the above diagram, in which Qf is the full-employment output. If the economy's current aggregate
demand curve is AD0, it would be appropriate for the government to:
A) reduce government expenditures and taxes by equal-size amounts.
B) reduce government expenditures or increase taxes.
C) increase government expenditures or reduce taxes.
D) reduce unemployment compensation benefits.
15. Refer to the above diagram, in which Qf is the full-employment output. If the economy's current aggregate
demand curve is AD3, it would be appropriate for the government to:
A) reduce government expenditures and taxes by equal-size amounts.
B) reduce government expenditures or increase taxes.
C) increase government expenditures or reduce taxes.
D) reduce unemployment compensation benefits.
16. If the government increases its spending during recession to assist the economy, the funds for such
expenditures must come from some source. Which of the following sources would be the most
expansionary?
A) additional taxes on personal incomes C) borrowing from the public
B) creating new money D) additional taxes on corporate profits
17. A major advantage of the built-in or automatic stabilizers is that they:
A) simultaneously stabilize the economy and reduce the absolute size of the public debt.
B) automatically produce surpluses during recessions and deficits during inflations.
C) require no legislative action by Congress to be made effective.
D) guarantee that the Federal budget will be balanced over the course of the business cycle.
18. Which of the following statements is correct?
A) Built-in stability only partially offsets fluctuations in economic activity.
B) Built-in stability works in halting inflation, but it cannot alleviate unemployment.
C) Built-in stability can be relied on to eliminate completely any fluctuation in economic activity.
D) Built-in stability has eliminated the need for discretionary fiscal policy.
19. Refer to the above diagram in which T is tax revenues and G is government expenditures. All figures are in
billions. The equilibrium level of GDP in this economy:
A) is $400.
B) is greater than $400.
C) is less than $400.
D) cannot be determined from the information given.
20. Refer to the above diagram in which T is tax revenues and G is government expenditures. All figures are in
billions. If GDP is $400:
A) there will be a budget deficit. C) the budget will be balanced.
B) there will be a budget surplus. D) the macroeconomy will be in equilibrium.
21. Refer to the above diagram in which T is tax revenues and G is government expenditures. All figures are in
billions. The budget will entail a deficit:
A) at all levels of GDP. C) at any level of GDP below $400.
B) at any level of GDP above $400. D) only when GDP is stable.
22. Refer to the above diagram in which T is tax revenues and G is government expenditures. All figures are in
billions. In this economy:
A) tax revenues and government spending both vary directly with GDP.
B) tax revenues vary directly with GDP, but government spending is independent of GDP.
C) tax revenues and government spending both vary inversely with GDP.
D) government spending varies directly with GDP, but tax revenues are independent of GDP.
23. Billʹs income is $1,000 and his net taxes are $350. His disposable income is
A) $1,350. B) $650. C) -$350. D) $750.
24. The difference between what a government spends and what it collects in taxes in a year is
A) net revenue.
B) net taxes.
C) the government budget deficit or surplus.
D) the government debt.
25. In 2007, the city of Miketown collected $250,000 in taxes and spent $350,000. In 2007, the city of
Miketown had a
A) budget surplus of $100,000. B) budget surplus of 57%.
C) budget deficit of $100,000. D) budget deficit of $200,000.
Bonus Question:
An economist who favors smaller government would recommend:
A) tax cuts during recession and reductions in government spending during inflation.
B) tax increases during recession and tax cuts during inflation.
C) tax cuts during recession and tax increases during inflation.
D) increases in government spending during recession and tax increases during inflation.
To be submitted on the 2nd of September, 2011, Friday.
1.Fiscal policy is carried out primarily by:
A) the Federal government. C) state governments alone.
B) state and local governments working together. D) local governments alone.
2. Fiscal policy refers to the:
A) manipulation of government spending and taxes to stabilize domestic output, employment, and the
price level.
B) manipulation of government spending and taxes to achieve greater equality in the distribution of
income.
C) altering of the interest rate to change aggregate demand.
D) fact that equal increases in government spending and taxation will be contractionary.
3. Contractionary fiscal policy is so named because it:
A) involves a contraction of the nation's money supply.
B) necessarily reduces the size of government.
C) is aimed at reducing aggregate demand and thus achieving price stability.
D) is expressly designed to contract real GDP.
4. Assume that aggregate demand in the economy is excessive, causing demand-pull inflation. Which of the
following would be most in accord with appropriate government fiscal policy?
A) an increase in Federal income tax rates
B) an increase in the size of income tax exemptions for each dependent
C) passage of legislation providing for the construction of 8,000 new school buildings
D) an increase in soil conservation subsidies to farmers
5. In a certain year the aggregate amount demanded at the existing price level consists of $100 billion of
consumption, $40 billion of investment, $10 billion of net exports, and $20 billion of government
purchases. Full-employment GDP is $120 billion. To obtain price level stability under these conditions the
government should:
A) increase tax rates and reduce government spending.
B) discourage personal saving by reducing the interest rate on government bonds.
C) increase government expenditures.
D) encourage private investment by reducing corporate income taxes.
6. An appropriate fiscal policy for a severe recession is:
A) a decrease in government spending. C) appreciation of the dollar.
B) a decrease in tax rates. D) an increase in interest rates.
7. In an aggregate demand-aggregate supply diagram, equal decreases in government spending and taxes will:
A) shift the AD curve to the right. C) not affect the AD curve.
B) increase the equilibrium GDP. D) shift the AD curve to the left.
8. A contractionary fiscal policy is shown as a:
A) rightward shift in the economy's aggregate demand curve.
B) rightward shift in the economy's aggregate supply curve.
C) movement along an existing aggregate demand curve.
D) leftward shift in the economy's aggregate demand curve.
9. Refer to the above diagram, in which Qf is the full-employment output. A contractionary fiscal policy
would be most appropriate if the economy's present aggregate demand curve were at:
A) AD0 B) AD1 C) AD2 D) AD3
10. Refer to the above diagram, in which Qf is the full-employment output. An expansionary fiscal policy
would be most appropriate if the economy's present aggregate demand curve were at:
A) AD0 B) AD1 C) AD2 D) AD3
11. Refer to the above diagram, in which Qf is the full-employment output. If the economy's present aggregate
demand curve is AD2:
A) the most appropriate fiscal policy is an increase of government expenditures or a reduction of taxes.
B) the most appropriate fiscal policy is a reduction of government expenditures or an increase of taxes.
C) government should undertake neither an expansionary nor a contractionary fiscal policy.
D) the economy is achieving its full capacity output.
12. Refer to the above diagram, in which Qf is the full-employment output. If the economy's current aggregate
demand curve is AD0, it is experiencing:
A) a positive GDP gap. B) a negative GDP gap. C) inflation. D) an adverse supply shock.
13. Refer to the above diagram, in which Qf is the full-employment output. If the economy's current aggregate
demand curve is AD3, it is experiencing:
A) a positive GDP gap. B) a negative GDP gap. C) a recession. D) cost-push inflation.
14. Refer to the above diagram, in which Qf is the full-employment output. If the economy's current aggregate
demand curve is AD0, it would be appropriate for the government to:
A) reduce government expenditures and taxes by equal-size amounts.
B) reduce government expenditures or increase taxes.
C) increase government expenditures or reduce taxes.
D) reduce unemployment compensation benefits.
15. Refer to the above diagram, in which Qf is the full-employment output. If the economy's current aggregate
demand curve is AD3, it would be appropriate for the government to:
A) reduce government expenditures and taxes by equal-size amounts.
B) reduce government expenditures or increase taxes.
C) increase government expenditures or reduce taxes.
D) reduce unemployment compensation benefits.
16. If the government increases its spending during recession to assist the economy, the funds for such
expenditures must come from some source. Which of the following sources would be the most
expansionary?
A) additional taxes on personal incomes C) borrowing from the public
B) creating new money D) additional taxes on corporate profits
17. A major advantage of the built-in or automatic stabilizers is that they:
A) simultaneously stabilize the economy and reduce the absolute size of the public debt.
B) automatically produce surpluses during recessions and deficits during inflations.
C) require no legislative action by Congress to be made effective.
D) guarantee that the Federal budget will be balanced over the course of the business cycle.
18. Which of the following statements is correct?
A) Built-in stability only partially offsets fluctuations in economic activity.
B) Built-in stability works in halting inflation, but it cannot alleviate unemployment.
C) Built-in stability can be relied on to eliminate completely any fluctuation in economic activity.
D) Built-in stability has eliminated the need for discretionary fiscal policy.
billions. The equilibrium level of GDP in this economy:
A) is $400.
B) is greater than $400.
C) is less than $400.
D) cannot be determined from the information given.
20. Refer to the above diagram in which T is tax revenues and G is government expenditures. All figures are in
billions. If GDP is $400:
A) there will be a budget deficit. C) the budget will be balanced.
B) there will be a budget surplus. D) the macroeconomy will be in equilibrium.
21. Refer to the above diagram in which T is tax revenues and G is government expenditures. All figures are in
billions. The budget will entail a deficit:
A) at all levels of GDP. C) at any level of GDP below $400.
B) at any level of GDP above $400. D) only when GDP is stable.
22. Refer to the above diagram in which T is tax revenues and G is government expenditures. All figures are in
billions. In this economy:
A) tax revenues and government spending both vary directly with GDP.
B) tax revenues vary directly with GDP, but government spending is independent of GDP.
C) tax revenues and government spending both vary inversely with GDP.
D) government spending varies directly with GDP, but tax revenues are independent of GDP.
23. Billʹs income is $1,000 and his net taxes are $350. His disposable income is
A) $1,350. B) $650. C) -$350. D) $750.
24. The difference between what a government spends and what it collects in taxes in a year is
A) net revenue.
B) net taxes.
C) the government budget deficit or surplus.
D) the government debt.
25. In 2007, the city of Miketown collected $250,000 in taxes and spent $350,000. In 2007, the city of
Miketown had a
A) budget surplus of $100,000. B) budget surplus of 57%.
C) budget deficit of $100,000. D) budget deficit of $200,000.
Bonus Question:
An economist who favors smaller government would recommend:
A) tax cuts during recession and reductions in government spending during inflation.
B) tax increases during recession and tax cuts during inflation.
C) tax cuts during recession and tax increases during inflation.
D) increases in government spending during recession and tax increases during inflation.
Tuesday, August 23, 2011
Stop it , pls!
This is to remind everyone NOT to send your link for your second reaction paper. I already got your respective links last prelims.
However, if you have not made an account since prelims or if you have created a new account on blogger due to some technical problems like inability to open it, then you are requested to send it for updating of your official blogsite on my classrecord.
For the information and guidance of all concerned.
Thanks!
However, if you have not made an account since prelims or if you have created a new account on blogger due to some technical problems like inability to open it, then you are requested to send it for updating of your official blogsite on my classrecord.
For the information and guidance of all concerned.
Thanks!
PLEASE..KAISA LNG ISEND ANG LINK. PAGHULAT LNG MO SKONG APROVAL. TNX!:)
Wednesday, August 17, 2011
Groupings for Role Playing
840-940 sked
GROUP 1
DELA ROSA, Rheavic
TE, Dave
LEE, Chong Yong.
GAVIOLA, Jereme
APURA, Jonathan David
OSORIO, Sushmita G.
GAYOL, Gale
POTOLIN, Lyle
SAMBRANO, Benzloise Ma. [Leader]
ESCOBIA, Ryan M.
GROUP 2
DAMASCO, Syria
LAMANILAO, Perry Paul
JACINTO, Harly Queen T.
TURA, Jelou Rosary A.
JUSAYAN, Nick
SONSONA, Homelyn L.
WU, Xian
TE, Kasandra [Leader]
PARADILLO, Cherrie Pie
HIBAYA, Eloise
GROUP 3
DE CASTRO, Pamela [Synthesizer]
ABELLA, Alec
SILVESTRE, Nivea [Leader]
CARMELOTES [Secretary]
CHAVEZ, Jañina [Documenter]
SARAGINO, Ricky Julius
BADILLES, Draker
SELDA, Philbert
GUERRERO, Moses
GROUP 4
GARCIA, Kate [ Leader]
RAZON, Kenneth
TOLEDO, Raphael [Documenter]
MILANA, Joshua [Synthesizer]
TORPIO, Rey Melchor
TIONGCO, Hun Oliver
DUREMDES, Zachariah C.
AMERIL, Abdullah P.
SUMABAT, Chamel
ESCOBIA, Ryan M.
MAGAT, Mika [Secretary]
--------END----
1000-1100 sked
GROUP 1
TUNGPALAN, Raphael S. [Leader]
GALENDEZ, Tessa Dianne A.
BAÑEZ, Elaine Joy
BASAÑES, Jonette
DANAN, Wendy
CABALIDA, Earl Christian B. [Secretary]
ROBALE, John [Synthesizer]
LACASER, Jayson Paul
PASILBAS, Alyssa Denise [Documenter]
GROUP 2
AGUILING, John Raphael
CAÑETE, Peter Jules
CASTILLO, John Ronan
CHAN, Katrina Marie
CIRUNAY, Shiela
DAILISAN, Paolo
CABILES, Tyrone
HORNIDO, Ava
LADEMORA, Clint
GROUP 3
ORIG, Maria Corazon [Leader]
RIVERA, Mary Jane S.
CHAVEZ, Menandro III [Documenter]
PLASABAS, Emanuelle [Synthesizer]
LABRADORES, Maureen B.
OTARRA, Jose Lorenzo
GARAY, Ching
YAMAGATA, Tamami
YAMYAMIN, Genesis Dius U.
GROUP 4
GALLARDO, Katrina [Leader]
ABRASALDO, Maureen [Secretary]
PEÑAS, Keanu [Documentor]
LALUNA, Katreena [Synthesizer]
IBAÑEZ, Kevin
QUIAMCO, Shawn Kylde
VILLEGAS, Raymond
LIMSIACO, Seiji
RAAGAS, Ivyler
------- END----
GROUP 1
DELA ROSA, Rheavic
TE, Dave
LEE, Chong Yong.
GAVIOLA, Jereme
APURA, Jonathan David
OSORIO, Sushmita G.
GAYOL, Gale
POTOLIN, Lyle
SAMBRANO, Benzloise Ma. [Leader]
ESCOBIA, Ryan M.
GROUP 2
DAMASCO, Syria
LAMANILAO, Perry Paul
JACINTO, Harly Queen T.
TURA, Jelou Rosary A.
JUSAYAN, Nick
SONSONA, Homelyn L.
WU, Xian
TE, Kasandra [Leader]
PARADILLO, Cherrie Pie
HIBAYA, Eloise
GROUP 3
DE CASTRO, Pamela [Synthesizer]
ABELLA, Alec
SILVESTRE, Nivea [Leader]
CARMELOTES [Secretary]
CHAVEZ, Jañina [Documenter]
SARAGINO, Ricky Julius
BADILLES, Draker
SELDA, Philbert
GUERRERO, Moses
GROUP 4
GARCIA, Kate [ Leader]
RAZON, Kenneth
TOLEDO, Raphael [Documenter]
MILANA, Joshua [Synthesizer]
TORPIO, Rey Melchor
TIONGCO, Hun Oliver
DUREMDES, Zachariah C.
AMERIL, Abdullah P.
SUMABAT, Chamel
ESCOBIA, Ryan M.
MAGAT, Mika [Secretary]
--------END----
1000-1100 sked
GROUP 1
TUNGPALAN, Raphael S. [Leader]
GALENDEZ, Tessa Dianne A.
BAÑEZ, Elaine Joy
BASAÑES, Jonette
DANAN, Wendy
CABALIDA, Earl Christian B. [Secretary]
ROBALE, John [Synthesizer]
LACASER, Jayson Paul
PASILBAS, Alyssa Denise [Documenter]
GROUP 2
AGUILING, John Raphael
CAÑETE, Peter Jules
CASTILLO, John Ronan
CHAN, Katrina Marie
CIRUNAY, Shiela
DAILISAN, Paolo
CABILES, Tyrone
HORNIDO, Ava
LADEMORA, Clint
GROUP 3
ORIG, Maria Corazon [Leader]
RIVERA, Mary Jane S.
CHAVEZ, Menandro III [Documenter]
PLASABAS, Emanuelle [Synthesizer]
LABRADORES, Maureen B.
OTARRA, Jose Lorenzo
GARAY, Ching
YAMAGATA, Tamami
YAMYAMIN, Genesis Dius U.
GROUP 4
GALLARDO, Katrina [Leader]
ABRASALDO, Maureen [Secretary]
PEÑAS, Keanu [Documentor]
LALUNA, Katreena [Synthesizer]
IBAÑEZ, Kevin
QUIAMCO, Shawn Kylde
VILLEGAS, Raymond
LIMSIACO, Seiji
RAAGAS, Ivyler
------- END----
Assignment for 10-11 sked only
Write the answers on a 1/2 crosswise paper. It will be checked the soonest time we meet again.
Tuesday, August 16, 2011
Role Playing
Econ211b: Macroeconomic Theory & Practice
S.Y. 2010-2011
First Semester, Midterm Period
ROLE PLAYING
Role playing is a clearly defined and simple “situation” applicable to the problem or issue at hand, and has written descriptions of the “roles” (characters) for participants to play.
Below are possible topics to be considered in role playing:
Ø Recession
Ø Business Cycle
Ø Components of GDP
Ø Fiscal Policy
Ø Microeconomics vs. Macroeconomics
Criteria for Judging
Execution 40%
Visuals/Props 20%
Audience Impact 5%
Originality 5%
Synthesis 30%
Key persons: Leader, Secretary, Documenter, Synthesizer
Leader
· initiates the conceptualization, discussion & organization of the role play.
· designates a specific task to members .
· assesses member’s contribution as a performer.
· reports to the teacher any uncooperative or irresponsible member.
Secretary
· takes notes of the minutes of the meeting.
· does the researches with or without the directive of the leader.
· monitors member’s attendance regularly.
Documenter
· photographs all significant activities occurred from pre-production to post presentation.
· videotapes the performances of the members during actual presentation.
Synthesizer
· creates an informative and artistic synthesis of the role play, and associate it with the documentation captured by the documenter.
Each group is given 10-20minutes to present its play.
Date of presentation is on the 5th of September.
To give you some ideas on how to conduct such, please click the following links.
Please be aware that the samples provided for have different topics as yours. Therefore just used them as a guide to your presentation.
CREATIVITY & EXCELLENCE IS THE NAME OF THE GAME!
Wednesday, August 3, 2011
OP-C Grade
Due to time constraint, I was not able to inform you of your grade in the project entitled Opportunity Cost. Thus, I am showing it here. Please refer to your respective groupmates to determine your grade & comment.
The file is protected with password to keep it confidential from viewing by other groups. I'll let you know of your designated password the next time we hold a class.
The file is protected with password to keep it confidential from viewing by other groups. I'll let you know of your designated password the next time we hold a class.
Monday, August 1, 2011
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