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SH1714

Name: Section:
Date: Score:

Nasaan Na Ang ‘Pinas


Applications of Supply and Demand
Directions: Refer to Pages 85-88 of your mandated book and read the topics from “Labor Supply,
Population Growth, and Wages” to “Filipino Migrations and OFWs”. Answer the questions below.
(4 items x 10 points)

1. How does minimum wage affect employers and the labor force in the Philippines?

2. What is surplus labor and when does this happen?

3. In your own opinion, why are OFWs considered the nation’s “bagong bayani”?

4. How do remittances of OFWs cause the resilience of the Philippine economy?

Rubric for scoring:


CRITERIA PERFORMANCE INDICATORS POINTS
Content Provided pieces of evidence, supporting details, and factual scenarios 6
Grammar Used correct grammar, punctuation, spelling, and capitalization. 2
Organization of ideas Expressed the points in clear and logical arrangement of ideas in the paragraph 2
Total 10

04 Worksheet 1 *Property of STI


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