Far Eastern University

Manila, Philippines
Institute of Accounts Business & Finance
Macroeconomics =
Prof. Clets L. Nambatac

Name: SHAIN FERNANDEZ Day: 11/15/22 Time: Section:

Write C if the transaction is counted in GDP, and NC if not counted and give the
reason why counted and not counted. Assume that all transactions are with in 2018.

1. Pangilinan group of companies release its new version of Cignalcable .

C;
2. Mr. Manlo Loco purchased a brand new sports car.
C;
3. five Filipino nurses and five Swedish doctors were assigned in Basilan hospital
receiving lucrative salary.
C;
4. Maddox hobby is scuba diving .
NC ;
5. Initial payment of P100,000 for lawyer acceptance fee.
NC;
6. Yellow cab Philippines earned 5B 2017.
NC;
7. Manggani Tso is selling newspaper every morning in Sitio PacongBakya.
C;
8. Ms. Gorgeous purchased a 42 inches TV .
C;
9. Ms. Brenda purchased a Guess watch in 2015
NC;
10.Pepay bought tires for her bike
C;

Classify whether the given situations fall on Consumption, Investment, Government

Spending, Import or Export.

.Transfer payment such as Health Insurance of Retirees –S

1. .Construction of MababawnaIlog Bridge-
GOVERNMENT SPENDING

2. 8 million tons of mangoes for a Mexican Company

GOVERNMENT SPENDING

3. Night vision goggles for soliders in Basilan

EXPORT

4. .Purchase of different electronics of Mr. and Mrs.

CasaL = CONSUMPTION

5. Monthly pension for Mr. Magaling and Ms. Matulin

GOVERNMENT SPENDING

6. Repair of North Diversion Road

GOVERNMENT SPENDING
 7. Operation and maintenance of
PGH- GOVERNMENT SPENDING

8. Salaries of public school

teachers- GOVERNMENT
SPENDING

9. Allotment of OFW children from parents abroad

IMPORT
DIRECTION: Make use of the table to plot your GDP accounts in 2019. Assume that all
transactions are within 2019.

Exchange rate: P54.50 to $1

Total

GDP =

Consumption Investment Government X-M

X M
1. 20,000X12=
240,000 9. 5. 500,000,000
10,0000 7. 11,172,500
4.

16,350

2. 2,000,000 11. 10. 600,000,000

900,000

12.
500,000

3. 50,000

6. 4,000,000
13. 500,000,000

8. 150,000 14. 100,000,000

6,440,000 611,400,000 1,100,000,000 11,172,500 16,350

Leny purchased raw steak from SM hypermarket amounting to P20,000 a month

Alfredo’s Steak house consumption of raw steak from a cow raiser is worth P2M
Fabulous leny monthly cosmetics consumption went to about 50,000
 Philippines purchased rice from Vietnam amounting to 300
The economy produced consumer goods amounting to P500M.
Ms. Tintin Chowking work as chef in China and earned and spent her money
amounting to P4M.
Philippines earned $205,000 for selling bananas to Japan.
A G.I. Joe in Subic Naval base earned P100,000 a month and has a monthly
expenditure of P50,000.
Mr. and Mrs. Casal purchased a house and lot amounting to P10M.
Government spent P600M for salaries of government officials.
Mr. Clets Nambroken purchased 10 sewing machines amounting to P900,000 with
an average
lifespan of 5 years.
Purchased of equipment from Japan surplus amounting to P500,000.
Asia Brewery earned P500 M for Beer na Beer.
Sky cable spent P100 M for cable wires in 2018.