What are the major economic issues?
6 Major Macro-Economic Issues
- Issue # 1. Employment and Unemployment:
- Issue # 2. Inflation:
- Issue # 3. The Trade Cycle:
- Issue # 4. Stagflation:
- Issue # 5. Economic Growth:
- Issue # 6. The Exchange Rate and the Balance of Payments:
What are the major problems in the Philippines?
The Philippines also suffers major human-caused environmental degradation aggravated by a high annual population growth rate, including loss of agricultural lands, deforestation, soil erosion, air and water pollution, improper disposal of solid and toxic wastes, loss of coral reefs, mismanagement and abuse of coastal …
What are the 4 basic economic problems?
Solved Question on Basic Problems Of An Economy
Answer: The four basic problems of an economy, which arise from the central problem of scarcity of resources are: What to produce? How to produce? For whom to produce?
What are 3 economic problems?
Ans. – The three basic economic problems are regarding the allocation of the resources. These are what to produce, how to produce, and for whom to produce.
What is the current state of the Philippine economy?
Amidst rising global uncertainty and inflationary pressures, the Philippine economy is poised to remain strong and is projected to grow at 6.5 percent in 2018, 6.7 percent in 2019, and 6.6 percent in 2020.
Is the Philippine economy in a recession?
The Philippines has remained in protracted recession during early 2021, suffering its fifth consecutive quarter of economic contraction in the first quarter of 2021.