What is the largest planet in our solar system?
Jupiter
What is the country's national flower?
Sampaguita
What is the most abundant gas in the Earth's atmosphere?
Nitrogen
Conformity of wills and with respect to contracts
Consent
What is the nation’s total income and the total expenditure on its output of goods and services
Gross Domestic Product (GDP)
What is the smallest prime number?
2
What is the highest mountain in the Philippines?
Mt. Apo
Where is the strongest human muscle located?
Jaw
What is the term for an agreement where one party promises something in exchange for the other party's performance?
a) Bilateral contract
b) Executory contract
c) Unilateral contract
d) Voidable contract
c) Unilateral contract
Which curve shows the relationship between the interest rate (r) and the level of income (Y) when the money market is at equilibrium?
A) IS curve
B) LM curve
C) AD curve
D) Phillips curve
B) LM curve
What is the smallest among the seven continent?
Australia
Who is the father of the Filipino language?
Manuel Quezon
What part of the brain is associated with emotion and memory?
a) Cerebellum
b) Hippocampus
c) Medulla
d) Pons
b) Hippocampus
What term describes a contract or provision in a contract that confers a benefit on a third-party beneficiary, where two parties make an agreement, but the benefits of the agreement go to someone else?
a) Stipulation Pour Autrui
b) Contractual Obligation
c) Caveat Emptor
d) Simulation of Contract
a) Stipulation Pour Autrui
Which curve shows the relationship between the interest rate (r) and the level of income (Y) when the goods market is at equilibrium?
A) IS curve
B) LM curve
C) AD curve
D) Phillips curve
A) IS curve
What part of the human body contains the largest number of bones?
Hands
Where is the Summer Capital of the country?
Baguio City
What is the heaviest organ in the human body?
The Liver
Rescissible Contracts
This policy refers to the government’s use of taxation and expenditures to achieve a country’s economic objectives. The appropriate use of this policy can allow a country to increase output (GDP) and lower unemployment.
Fiscal Policy
What is the color of a giraffe’s tongue?
Black
What is the oldest existing school in the country?
University of Santo Tomas (UST), founded in 1611
What animal has the highest blood pressure?
Giraffe
An act of liberty whereby a transaction or gifts were made between living individuals
Inter vivos
This model is designed to show how growth in the capital stock, growth in the labor force, and advances in technology interact in an economy, and how they affect a nation’s total output of goods and services.
The Solow growth model