MABUHAY AGRO-INDUSTRIAL HIGH SCHOOL

Sto. Niño, Mabuhay, Zamboanga Sibugay

THIRD QUARTER SUMMATIVE TEST

ECONOMICS 9

NAME: ______________________________________ SCORE: ______________

YEAR & SECTION: __________________ DATE: _______________

GENERAL INSTRUCTIONS: Compute the Gross Domestic Product and Gross National
Income of the Philippines including its Growth Rate using the different
economic approaches. STRICTLY NO SHARING OF ANSWERS!

A. EXPENDITURE APPROACH

DETAILS 2018 2019 GROWTH RATE

I-PERSONAL CONSUMPTION 2,850,682.75 2,984,784.80

EXPENDITURE (C)
II- GOVERNMENT 5,682,760.50 5,840,924.90
CONSUMPTION (G)
III- CAPITAL FORMATION (I) 4,628,698.00 4,940,984.00
IV- EXPORTS (X) 3,200,050.00 3,278,876.00
V- IMPORTS (M) 5,280,628.00 5,680,980.00
VI- STATISTICAL 0.00 0.00
DISCREPANCY (SD)
GROSS DOMESTIC PRODUCT

VII- NET FACTOR INCOME 3,608,208.00 3, 900, 780.00

FROM ABROAD (NFIA)
GROSS NATIONAL INCOME

B. INDUSTRIAL-ORIGIN/VALUE ADDED APPROACH

INDUSTRIAL GROUP/SECTORS 2018 2019 GROWTH RATE

AGRICULTURAL SECTOR 3,987,675.78 4,000,670.89

INDUSTRIAL SECTOR 5,987,456.60 6,000,678.00
SERVICE SECTOR 9,000,789.00 9,890,907.76
GROSS DOMESTIC PRODUCT

NET FACTOR INCOME 4,500,760.00 4, 987,435.00

GROSS NATIONAL INCOME

ENUMERATION: Read and understand the following questions below. Write your
answers on the space provided. (ONE POINT EACH)

A. NATIONAL INCOME ACCOUNTS

1.______________
2.______________
B. TYPES OF MARKET
3.______________ 5. ____________
4.______________ 6. ____________

C. SPELL OUT!

7. PSA-
8. NIA-
9. BIR-
10.DOLE-