Activity 2 Statistics ReadingThe most major economic problem of our country today is the reduction of the GDP caused by thepandemic together with the other forces of the market and economic problem as seen in the databelow. Give your analysis and the ways you can think of to improve our economy?106.66.56.2-0.7-5-1-11.5-1-16.9-2Jan 2018Jul 2018Jan 2019Jul 2019Jan 2020Jul 2020SOURCE: TRADINOECONOMCS.COMNATIONAL STATISTICS OFFICE OF PHILIPPINES1.What can you interpret about the GDP of the Philippines based on the Chart?2. What are the reasons of the decline in the GDP of our Country? List some concrete evidences basedon certain article or news.3. What do you think would happen in the GDP of the Philippines in the year 2022? List some of yourviews based on economic principles.||

A positive economic growth rate means the production of goods and services is increasing. A negative…

Activity 2 Statistics Reading The most major economic problem of our country today is the reduction of the GDP caused by th pandemic together with the other forces of the market and economic problem as seen in the dat below. Give your analysis and the ways you can think of to improve our economy? 6.6 6.5 6.2 6.7 5.6 5.5 -0.7 -11.5 -16.9 Jan 2018 Jul 2018 Jan 2019 Jul 2019 Jan 2020 Jul 2020 SOURCE: TRADINGECONOMCS.COMI NATIONAL STATISTICS OFFICE OF PHILIPPIN 1.What can you interpret about the GDP of the Philippines based on the Chart? 2. What are the reasons of the decline in the GDP of our Country? List some concrete evidences base on certain article or news.

Activity 2 Statistics Reading The most major economic problem of our country today is the reduction of the GDP caused by th pandemic together with the other forces of the market and economic problem as seen in the dat below. Give your analysis and the ways you can think of to improve our economy? 6.6 6.5 6.2 6.7 5.6 5.5 -0.7 -11.5 -16.9 Jan 2018 Jul 2018 Jan 2019 Jul 2019 Jan 2020 Jul 2020 SOURCE: TRADINGECONOMCS.COMI NATIONAL STATISTICS OFFICE OF PHILIPPIN 1.What can you interpret about the GDP of the Philippines based on the Chart? 2. What are the reasons of the decline in the GDP of our Country? List some concrete evidences base on certain article or news.

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter7: Production And Growth

Section: Chapter Questions

Problem 5CQQ

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