Applied Economics

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Across
  1. 4. A 1% change in price will result to exactly the same change in quantity supplied
  2. 6. A 1% change in price will result in a less than 1% change in quantity supplied
  3. 10. Is the value of a nation's currency against another nation's currency
  4. 12. The amount a creditor charges for the use of assets expressed as a percentage of the principal amount
  5. 14. A tax levied on the production, distribution,or use of a good in a country
  6. 16. A state-run social institution that provides affordable housing and loan schemes for Filipinos
  7. 17. If income elasticity of demand is positive the good is
  8. 18. Is determined by subtracting total contribution (SSS/GSIS,PhilHealth, and Pag-IBIG) and other deduction to basic income
  9. 24. A tax on the right of a deceased person to transfer their estate at the time of death to their rightful heirs and recipients
  10. 25. If income elasticity of demand is negative the good is
  11. 31. To keep on place
  12. 32. Measures the relative responsiveness of quantity demanded to changes in the price of another good
  13. 36. Refers to an increase in an object's value over time
  14. 37. The minimum amount of compensation an employer is required to pay its workers for work performed within a particular time
  15. 38. Is an asset or commodity obtained to produce sales or appreciation
  16. 39. Revenue arising from land ownership and other gifts from nature
  17. 41. The rate at which the prices of goods and services rise
  18. 42. Also known as competitive market
  19. 43. Housing and rental spaces are
  20. 44. A predefined fee or payment on top of the value of the purchase
  21. 45. This is characterized by a few sellers producing similar or differentiated products
  22. 47. A 1% change in price will result in a more than 1% change in quantity demanded
  23. 48. A sales tax levied on the consumption of the sale of goods, services, properties, and imported goods
  24. 50. A government-controlled corporation that seeks to provide universal health care in the Philippines
  25. 53. Measure of responsiveness
  26. 54. This is a market structure where there is a single seller of a particular product or type of product in the market
  27. 55. If the cross price elasticity of the two goods is negative,then the goods are
  28. 56. A price elasticity of demand equal to infinity exhibits a horizontal demand curve
  29. 57. A government-run social institution that caters to private, professional,and informal sectors
  30. 58. Refers to the original sum of money borrowed into a loan
  31. 59. A government-run social institution that caters to the private sector, including government employees and uniformed personnel
Down
  1. 1. The law Republic Act No. 6727 also known as
  2. 2. If the cross price elasticity of demand of the two goods is positive, then the goods are
  3. 3. A measure of the amount of value an asset from influential factors affecting its market value
  4. 5. Law of supply,law of demand,labor market, labor demand, market equilibrium and equilibrium is
  5. 7. This interest rate does not have a set rate for a commodity
  6. 8. A 1% change in price will result in a less than 1% change in quantity demanded
  7. 9. Measures the relative responsiveness of quantity demanded when income changes
  8. 11. The tax withheld by persons earning taxes solely from compensation
  9. 13. Commonly known as the fixed interest rate
  10. 15. Are involuntary charges imposed on individuals or companies and imposed by a government agency to fund government operations, whether local, regional, or national
  11. 19. A 1% change in price will result in a more than 1% change in quantity supplied
  12. 20. Also known as the own price elasticity of demand
  13. 21. A 1% change in price will result in exactly the same change in quantity demanded
  14. 22. Cities with higher income also have higher prices for their
  15. 23. Possesses the features of both monopoly and perfect competition
  16. 26. Real property taxes in the Philippines are fixed by the
  17. 27. The deliberate downward adjustment of the value of a country's money relative to another currency or standard
  18. 28. The input needed to create them are
  19. 29. A price elasticity of demand equal to zero exhibits a vertical demand curve
  20. 30. This is the interest rate received or changed on an investment,loan,or other financial transaction owning to the compounding result for a defined period of time
  21. 33. A tax on papers, instruments,loan agreements,and documentation showing the approval, assignment, settlement,or change of a contract or right
  22. 34. A corporate tax levied on individuals or companies selling or leasing goods, property or services
  23. 35. Financial institutions license to received deposit and loan
  24. 40. This is the percentage change in quantity supplied in response to a given percentage change in price
  25. 41. Is the general rise in prices taht decreases money's purchasing power
  26. 46. A tax levied on earnings that the purchase believed to have been earned on the sale,swap,or other disposals of the Philippine-based capital assets, including retro sale and different types of conditional transaction
  27. 49. Causes an increase in personal income
  28. 51. A tax on personal income. This is usually levied to employees and entities and is based on respective profit or income
  29. 52. A tax on a donation or gift and is imposed on the free transfer of property between two or more persons living at the time of the transfer