SOCIAL IMPACT

A person who purchase goods and services for personal use

• A. Consumer

• B. Economics

• C. Income

• D. Supplier

Any person or other entity (such as a firm or mutual fund) who

commits capital with the expectation of receiving financial returns.

• A. Consumer

• B. Lender

• C. Investor

• D. Supplier

An activity which makes one’s living or makes money by

manufacturing, developing, buying and selling products (goods &

services)?

• A. Business

• B. Households

• C. Government

• D. Marketing

Classified as a social unit that has similarities regarding the

communities norms, religion, values and identity.

• A. Business

• B. Community

• C. Household

• D. Trader

The production of goods or related services within an economy.

• A. Business

• B. Community

• C. Industry

• D. Locality

This refers to the exchange of goods and services between countries

• A. Exporting Goods

• C. International Trade

• B. Importing Services

• D National Economic Trading

Provide permits, security, and protection policy to businesses in

exchange for taxes paid for the economy

• A. Community

• B. Government

• C. Politics

• D. Investors

The following are the impact of the businesses to the government,

EXCEPT,

• A. Businesses conduct projects like tree planting, and housing

• B. Employees hired by the businesses pay personal income taxes to BIR

• C. Tax are imposed on the incomes of the business

• D. The benefit provided by businesses through the payments of taxes

It is an effect of transactions that happened to parties outside the

transactions of buyers and sellers.

• A. Externalities

• B. Middle Management

• C. Internalities

• D. None of these

What do you called the spill over effects that enhance the welfare of

a third party?

• A. Negative externality

• B. Positive externality

• C. Both A and B

• D. None of these