Republic of the Philippines

Bicol University
COLLEGE OF EDUCATION
Daraga, Albay

Student : RALPH LOWIE L. NEO

Course : BSEd II- SOCIAL STUDIES
Professor : Prof. RONEL M. VILLANUEVA
Term : 2nd Sem., S.Y 2020-2021
SSEd 10:MACROECONOMICS
One Minute Paper
1. Write 5 things you learned from today’s report.
2. In your own words, tell me what you have you understand about types of
Inflation?
3. What is most the confusing part of the report?
4. In what way can the Government solve the problems of Inflation?

1. Write 5 things you learned from today’s report.

Based from what I have learned from today’s report, here are the five things from
today’s report.
 There are negative effects of inflation that may affect the whole economy
and the household.
 The rise in the general level of prices, often expressed a percentage
means that a unit of currency effectively buys less than it did in prior
periods. Even the peso rate gets unstable.
 If the prices cost increases, and so growth slowed down, the result is that
unemployment continues to rise.
 The groups usually benefit during inflation: borrowers, speculators, and
even for those who have without fixed income
 We have learned that the undesirability of inflation may manipulate such
products to make the demands higher at stake.
2. In your own words, tell me what you have you understand about types of
Inflation?
 As I understand about the types of inflation, we are sorting types
according to the sustained level: Demand-Pull inflation, Cost-Push
inflation, and Built-In inflation.
3. What is most confusing part for you of the report?
 For me, the most confusing part for me of the report, is what the exact
percentage of inflation during these times was.
4. In what way can the Government solve the problems of Inflation?
 We have explained the negative effects of inflation as a whole, and we
therefore, that it’s not easy to plan a solution; for the role of a government,
it should value proper spending, budgeting, tax collection, and even the
sectors of production for increase the level of productivity.