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Provincial Product Accounts

Authored by Aquessa Macud

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9th - 12th Grade

Used 3+ times

Provincial Product Accounts
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The ________ is a mechanism to compile the Gross Domestic Product (GDP) using production approach and other economic accounts at the sub-regional level.

Gross Domestic Product or GDP

Provincial Product Accounts (PPA)

Philippine Statistics Authority (PSA)

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the different ways of estimating Gross Domestic Product (GDP)?

Production Approach and Expenditures Approach

Expenditure Approach and Income Approach

Production Approach, Expenditure Approach, and Income Approach

NONE OF THE ABOVE

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

WHAT CAN YOU DO WITH PPA RESULTS?

GDP at the provincial level answers:

How fast is the province or region growing?

How does my province compare with other provinces?

Which industries are growing? Which are slowing?

All of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A comprehensive measure of economic activity. It measures the value of all final goods and services produced within the economy in a given period of time.

GDP

PPA

GRDE

PSA

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do we need economic accounts?

Comparison with other economies.

Monitor the behavior of the economy

Economic analyses

ALL OF THE ABOVE

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the major industries of the Gross Domestic Product (GDP)?

Agriculture, Forestry, and Fishing (AFF)

Industry and Services

Agriculture, Forestry, and Fishing (AFF), Industry, and Services

none of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Includes the exploitation of vegetal and animal natural resources, comprising the activities of growing crops, raising and breeding of animals, harvesting of timber and other plants, animals or animal products from a farm or their natural habitats.

Industry

Services

Agriculture, Forestry and Fishing (AFF)

TRANSPORTATION AND STORAGE

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