Philippines' Marcos Faces Growth, Investment Tests in Second Year

Philippines' Marcos Faces Growth, Investment Tests in Second Year

Assessment

Interactive Video

Business

University

Hard

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The video discusses the economic performance of the Philippines in the first year, highlighting a 6.4% growth rate, one of the best in Asia. Analysts commend the efforts despite aggressive tightening campaigns. Challenges for the second year include taming inflation, currently at 6%, and addressing food security issues, such as high onion and rice prices. The video also touches on the agricultural sector's struggles and the ongoing efforts to fulfill campaign promises, particularly regarding rice prices.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the economic growth rate of the Philippines in the first year of leadership?

7.4%

8.4%

6.4%

5.4%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the target inflation range set by the Central Bank?

4% to 6%

2% to 4%

1% to 3%

3% to 5%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By when does the Central Bank expect inflation to return to its target range?

July-August

August-September

September-October

October-November

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the reason behind the high prices of onions in the Philippines?

Traders hoarding

Increased demand

Supply shortage

Poor harvest

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What campaign promise related to agriculture is still a work in progress?

Reducing rice prices

Increasing corn production

Enhancing fishery outputs

Improving sugar exports