Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Instruction: Prepare your family monthly expenses including your income. Indicate all the items of your family expenses. Example: Date Particulars Amount 2/2/2020 House Rental 10,000.00

image text in transcribedimage text in transcribed
image text in transcribedimage text in transcribed
Instruction: Prepare your family monthly expenses including your income. Indicate all the items of your family expenses. Example: Date Particulars Amount 2/2/2020 House Rental 10,000.00 2/22/2020 Electricity Bill 3,300.00 2/15/2020 Groceries 5,635.00 2/29/2020 Internet Connection 1,200.00 2/14/2020 Wet goods (fish, meat, vegetables fruits) 4,896.00 2/26/2020 Restaurant 1,650.00 2/26/2020 Recreation (cinema, arcade, videoke) 1,000.0 Total Php 27,681.00 How is National Income Measured? the most commonly used measure of a country's national income is gross domestic product or GDP?Refer to the budget list that you made earlier, add more details by breaking down into your weekly budget with a more specic item. Challenge yourself by preparing a budget with a family with ten thousand monthly income. Identify products, goods and services which has a lion share on your budget. Supply the following information from Philippines Statistics Authority report on the GDP of the country last 2019. Write the total amount on the following items: agriculture; shing; electricity; transport storage, communication; real estate and renting

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Economics

Authors: Luke M. Froeb, Brian T. McCann, Michael R. Ward

5th Edition

1337106666, 978-1337106665

More Books

Students also viewed these Economics questions

Question

5. It is the needs of the individual that are important.

Answered: 1 week ago