1. If you were an economic adviser to the President of the Philippines, what will you suggest or propose to President Noynoy Aquino to alleviate the economic conditions of the Filipinos?
2. Define economics. What is the significance of studying economics to you as a student?
3. If we say that resources are scarce, how would we able to meet or satisfy the unlimited needs and wants of the Filipinos? Give at least three (3) examples/suggestions by which we could satisfy our needs and wants using our scarce resources without sacrificing the environment and the health of the people.
2. Define economics. What is the significance of studying economics to you as a student?
3. If we say that resources are scarce, how would we able to meet or satisfy the unlimited needs and wants of the Filipinos? Give at least three (3) examples/suggestions by which we could satisfy our needs and wants using our scarce resources without sacrificing the environment and the health of the people.