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READING IN PHILIPINES HISTORY

Total questions: 8

Worksheet time: 4mins

Name
Class
Date
1.

1. Requisites of a good written constitution.

a)

A. Brief

b)

B. Broad

c)

C. Definite

d)

D. All of the given options

2.

3. “We, the sovereign Filipino people, imploring the aid of Almighty God , in order to build a just and humane society and establish a government that shall embody our ideals and aspirations, promote our common good, conserve and develop our patrimony, and secure to ourselves and our posterity the blessings of independence and democracy under the rule of law and the regime of truth, justice, freedom, equality and peace, do ordain and promulgate this Constitution.”What part of Constitution is this?

a)

A. General Provision

b)

B. Amendments

c)

C. Preamble

d)

D. National Patrimony

3.

4. The problem of scarcity _____.

a)

A. arises only in poor countries.

b)

B. exists because the price of goods is too high.

c)

C. exists because of limited resources.

d)

D. will eventually be solve by better planning.

4.

6. An individual’s demand curve

a)

A. represents the various quantities that the consumer is willing to purchase of a good at various price levels.

b)

B. is derived from an individual’s indifference curve map.

c)

C. will shift if preferences, price of other goods, or income change.

d)

D. all of the above.

5.

7. What is a firm?

a)

A. A president, some vice presidents, and some employees.

b)

B. Any organization that wants to make a profit.

c)

C. Any accumulation of productive assets.

d)

D. Any organization that turns inputs into outputs.

6.

8. If more and more labor is employed while keeping all other inputs constant, the marginal physical productivity of labor _____.

a)

A. will eventually increase.

b)

B. will eventually decrease.

c)

C. will eventually remain constant.

d)

D. cannot tell from the information provided.

7.

9. In general, microeconomic theory assumes that the firms attempt to maximize the difference between ______.

a)

A.total revenue and accounting costs.

b)

B. price and marginal cost.

c)

C. total revenues and economic costs.

d)

D. economic costs and average cost.

8.

2. Who has the authority to interpret the constitution?

a)

A. Private individual

b)

B. Courts

c)

C. Legislative and Executive departments of the government

d)

D. All of the given options