Assuming a slope of 0.50 and an intercept of -20, calculate the quantity supplied at a given price of P70. (2 points)*

Japan produces one unit of car in 39 hours, South Korea 2 units in 85 hours, China 3 units in 122 hours, and India, 4 units in 150 hours. Which country has the absolute advantage? (2 points)*

Assuming that the Philippine economy is producing Php2,250,000 in 2019 and Php2,500,000 in 2020 and the inflation is calculated to be 5% between 2019 and 2020. How much is the real economic growth rate? (Rounded off to 2 decimal points).

Assuming an income index of 0.940, life expectancy index of 0.770, and education index of 0.800, compute the human development index (HDI). (Rounded off to 3 decimal points).

The following transactions were recorded in the books under the Balance of Payment (BOP): (a) Proceeds from loan abroad: 911, (b) Disposal of fixed assets: 646, (c) Export of goods and services: 2,746, (d) Secondary income (one-way transfer) : 444, (e) Acquisition of equity capital: 1,561, (f) Indemnities paid to foreigners: 1,264, (g) Import of goods and services: 1,939, (h) Acquisition of financial assets: 3,667, (i) Primary income from investment abroad: 4,516, and (j) Acquisition of non-financial assets: 658. Question: Compute the Current Account. (Answer must be in figures. Omit the peso sign and no decimal points and spaces but put comma, if applicable).

Using the transactions data on BOP above, compute the Financial Account. (Answer must be in figures. Omit the peso sign and no decimal points and spaces but put comma, if applicable).