MARYKNOLL SCHOOL OF STO. TOMAS, INC.

Fd. Road 3, Brgy. Tibal-og

8112 Sto. Tomas, Davao Del Norte
Telephone :084-829-0249
email: maryknoll.sto.tomas@gmail.com

MONTHLY EXAMINATION – APPLIED ECONOMICS

GRADE-11-12 (ABM and GAS 20 STUDENTS)

Name: ____________________________________ Grade/Section: ______________________

Date: _______________________ Score: ________

TEST I. MULTIPLE CHOICE

Direction: Encircle the letter of the correct answer on the space provided before each number.

STRICTLY NO ERASURE

1. A person who owns the business, responsible for the success or future of the business, enjoy all the business profits
and a problem solver.
A. Proprietor B. Entrepreneur C. Employer D. Employee
2. Is a situation in which people cannot have everything that they want because of the limited resources?
A. Proprietor B. Market plan C. Ventures D. Scarcity
3. A business that composing less than 100 employees and have turnover of less than 150 million per annum.
A. Corporation B. Incorporation C. Partnership D. Small business
4. Queen of all sciences?
A. Applied Economics B. Entrepreneur C. Employer D. Economics
5. The buying of a product at wholesaler price and then selling it double of the wholesale price.
A. Keystoning B. Venture C. Market D. Profit
6. A problem of the business in which they are losing money
A. Insolvency B. Bankruptcy C. Holiday D. Lumpsum
7. The money that you make is more than what you use to pay the bills.
A. Income B. Asset C. Profit D. Liabilities
8. Are the most basic elements that people use to produce the goods and services that they want.
A. Resources B. Scarcity C. Manager D. Employee
9. The branch of economics that deals with the exchange of goods and services with foreign countries
A. International barrier B. ASEAN C. Applied economics D. International Trade
10. The ability to convince people to see your point of view and get them interested in your ideas.
A. Risk taker B. Appeal C. Persuasiveness D. Guessing
11. Refers to the amount of money to which an investment will grow over a finite period of time at a given interest
rate.
A. Money value B. Time value C. Future value D. Investment value
12. Purchasing of assets with the goal of increasing future income.
A. Stock exchange B. Credits C. Investor D. Investment
13. The courage to expose oneself to possible loss
A. Risk taking B. Risk C. Braveness D. Accepting
14. The ability to see the end results of your goal while working to achieve them.
A. Mission B. Vision C. Goal D. Planning
15. It is the refusal to quit, willingness to keep goals in sight and work towards them despite obstacles.
A. Persuasiveness B. Perseverance C. Confidence D. Discipline
16. The ability to cope with changing situation in the business
A. Acceptance B. Honesty C. Adaptability D. Ideal
17. The desire to work in hand to accomplish one’s goal.
A. Wants B. Seriousness C. Desire D. Accomplishment
18. The profit or yield from an investment.
A. Return B. Change C. Interest D. Debit
19. A belief that you can do what you set out to do.
A. Confidence B. Coincidence C. Optimistic D. Discipline
20. The following are key for the business to succeed except;
A. By law B. Sell C. Keep good records D. Train more people
 MARYKNOLL SCHOOL OF STO. TOMAS, INC.
Fd. Road 3, Brgy. Tibal-og
8112 Sto. Tomas, Davao Del Norte
Telephone :084-829-0249
email: maryknoll.sto.tomas@gmail.com
TEST II. Essay. (5points each)
ESSAY RUBRIC
Ideas 20
Organization 20
Understanding 20
Sentence structure 20
Mechanics 20
TOTAL 100

1. What do you think is the role of education and training in the pursuit of economic prosperity?

2. What is the difference between macroeconomics and micro economics?

3. The Pantawid Pamilyang Pilipino Program (4ps) is a conditional cash transfer program that aims to alleviate poverty.
Discuss the positive and negative sides of this policy and state and defend your position for this issue.

4. What is the difference of Economics and Applied Economics?