Adds

Neobux
Paud To Click
Media Clicks Ads

Reaction Paper month of January

Aquino to study possible reimposition of death penalty

President Benigno S. Aquino III on Wednesday said he will study the re-imposition of maximum penalty of death in the wake of calls from various groups following several heinous crime cases recently

In an interview at the 65th Founding Anniversary of the Liberal Party at Club Filipino in San Juan City, the President expressed concern over the reimplementation of the capital punishment, saying that in the present judicial system, suspects who do not have the ability to secure the services of competent lawyers are prone to be wrongly convicted.

The Chief Executive said that death penalty can only be fully applied in a perfectly-existing judicial system.

Capital punishment in the Philippines was abolished on June 24, 2006, the second time since 1987.

Since it was reintroduced in 1993, seven people have been executed. Abolition of the death penalty has generally occurred in correlation with increasing democratization in nation-states around the world.

(http://www.mb.com.ph/articles/299406/aquino-study-possible-reimposition-death-penalty)

My Reaction:

The President is now studying the re-imposition of the maximum penalty of death. However, according to our president he is not so in-favor of bringing back the penalty. The current system in our country is not perfect therefore, there is a chance that an innocent will be given this penalty. Our vice-president is in-favor of implementing again the penalty so that the crime will drop.

If the maximum penalty of death is the answer to lessen our crime rate then it should be implemented again. By lessening our crime rate the ban of other country to us will therefore be diminish. Due to the less crime, investors and business firms will be attracted to our country. There will be a new job opening due to the investments. The economy of our country will rise and its security measures will improve as well.

Nevertheless, our country today is almost as if religious side is over control. They are the one who always block these good movement and some human rights that make this penalty quite unpopular to them. As I thought that there is always a division between the state and the church so they must follow to whatever our government is doing.

The implementation of maximum penalty of death will give us good benefits. However, our president has a good point that there will be an innocent victim will be accused and the process of it cannot be undo.

So whether it is good our bad to implement back the penalty there will always be final decision to make. As for me, I am hopping that this penalty will be passed again.

Reaction Paper. DEC.

GMA wants Absentee Voting Act amended

Former President and now Pampanga 2nd District Rep. Gloria Macapagal Arroyo wants a higher voter turnout from overseas Filipino overseas workers in the next Philippine election by giving them more access to registration centers all over the world.

Arroyo filed House Bill 3001 amending Republic Act 9189 also known as the Overseas Absentee Voting Act, which provides for the systems and procedures by which Filipino citizens residing or working abroad can vote in an election

Under the bill, registration for overseas absentee voting will be made more accessible to Filipinos worldwide by way of setting up field and mobile registration centers by the posts concerned.

Arroyo said of the total 364,187 overseas Filipinos who registered, only 233,092 cast their votes representing only 64%.

Arroyo explained that several factors were identified to have caused the low voter turnout such as shortened registration period, stringent voting requirements, limited voting facilities, limited days-off from work and cost considerations among others.

"This bill aims to enfranchise more Filipino overseas voters by relaxing restrictive provisions of the law which will surely give our countrymen abroad a stronger voice in choosing our leaders."

My Reaction

The former President file a house bill law that will allow Absentee Voting to register electronically and participate on the historic election voting of the Philippines. This will really help our fellow Filipino to participate more by giving them a more accessible way to register and vote.

This law will increase the absentee voting. Using such, technology will encourage more people to participate with less hassle on the part or the people and facilitators.

In addition, by implementing this law another problem will occur for example the legality of identity and security flaws. This may lead to another cheating issues. Moreover, even I do not trust Arroyo for what I know did many Scandals in her Presidency.

She may also use this law to cheat for she is the one behind this. Anyway, this bill is useful for our fellow Filipino. I hope this law will properly implemented without any scandals.

 Happy Holiday!

My Answer to the review question in ECON 111

Chapter 1 reviews

1. Government policies designed to promote efficiency

A - usually do so at the expense of equity.

2. All of the following can be considered a student's costs of going to college, EXCEPT:

C - room and board (that costs her about the same as she was paying before entering college)

3. An airline's plane from Los Angeles to New York is about to take off, but it still has a few seats empty. If the average cost per seat is $500, what price should the airline charge passengers in standby to fill in those remaining seats? (Consider that quantitative decisions are made at the margin)

C - Any price above zero that will entice standby passengers to take the flight.

4. The Federal government enacted regulation in the 1960s requiring people to wear seatbelts in their cars. All of the following resulted from this regulation, EXCEPT:

C - fewer pedestrians were killed in car accidents.

5. When two persons trade goods:

B - both persons usually gain from the exchange.

6. In a market economy, the decisions of what and how much to produce are made by:

B - all producers and consumers.

7. Even though markets do a great job in organizing economic activity, governments are needed to do all of the following EXCEPT:

D - decide what and how much should be produced

8. Living standards in the United States have risen tremendously over the years, mainly due to:

A - relentless increases in the productivity of labor over the years.

9. Rapid and persistent inflation occurs mainly due to:

C - rapid increases in the quantity of money in the economy.

10 A government that implements a policy designed to reduce inflation can expect unemployment to:

A - increase in the short-run.

Chapter 2 review

1.     Which of the following is FALSE, regarding economics as a science? 

D - Economic theories represent irrefutable facts.

2.     Economists use assumptions in order to:

C - simplify economic theories, so as to make it possible to answer economic questions.

3.     Economic models are:

D - all of the other options are true.

4.     All of the following are characteristics of the Circular Flow Model of the economy, EXCEPT:

C - the model describes two circular flows: one for inputs and one for resources.

5.     The circular flow model of the economy demonstrates that:

B - dollars in the economy are used over and over in an endless cycle.

6.     Which of the following is true regarding the Production Possibilities Frontier Model of the economy?

A - Any point along the PPF represents an efficient level of production.

7.     Economic growth in the economy can be portrayed in the Production Possibilities Frontier model as a:

B - shift of the PPF away from the origin.

8.     Microeconomics is the study of:

C - how households and firms make decisions and how they interact in markets.

9.     Which of the following is an example of a normative statement?

B - The government should increase spending during recessions, so that the economy recovers quickly.

10. Economists tend to disagree with each because:

        D - all the other options are true.

 

Chapter 3 review

1.     The production possibilities frontiers used to explain trade in the text are straight lines because:

A - the author assumes the farmers can switch at a constant rate from producing meat to producing potatoes.

2.     The principle of Absolute Advantage refers to the situation in which one producer:

B - can produce a good using fewer resources than other producers.

3.     The principle of Comparative Advantage refers to the situation in which one producer:

A - has a lower opportunity cost than other producers in the production of a good.

4.     Which of the following is true regarding the principle of Absolute Advantage?

C - Nations should specialize in producing those goods for which they have an Absolute Advantage.

5.     Which of the following is true regarding the principle of Comparative Advantage?

B - Nations should specialize in producing those goods for which they have the lowest opportunity cost.

6.     The boy next door has offered to mow Tiger Woods' lawn. It will take this boy twice as long as Tiger Woods to mow the lawn. Would Tiger Woods let the boy mow his lawn, instead of doing it himself?

A - Yes, as long as the boy's opportunity cost is less than half of Tiger Woods' opportunity cost.

7.     Suppose that engaging in free trade means we have to stop making cars, which will cause bankruptcies and will make people lose their jobs. Is it still worth having free trade?

B - Yes, because the gains outweigh the losses: new businesses and new jobs will flourish in other industries.

8.     Suppose that Jill can type 10 pages per hour in the computer, while Jim can only type 8. Further suppose that Jill can review 5 articles per hour while Jim can only review 2. If they are working on a final project together, who should specialize in what task in order to be as productive as possible?

B - Jill should specialize in reviewing articles and Jim in typing.

9.     Suppose that Jill can type 10 pages per hour in the computer, while Jim can only type 8. Further suppose that Jill can review 5 articles per hour while Jim can only review 2. Based on this, we can say that:

B - Jill has an absolute advantage over Jim in reviewing articles.

10. The principle of Comparative Advantage argues all of the following, EXCEPT:

        C - free trade allows producers to specialize.

 

What is Blog?

Blog is a smaller version of Web and Log.
it focuses on a topic or set of topics.
it allows people to post opinions.
it is maintained by individual people.