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General Education LET Reviewer

Review language and reading skills, mathematics, science, and social studies. Use this short General Education quiz to identify concepts that need more review, then revisit the subject guide before your next attempt.

Answer all 30 questions, then submit to see your score, correct answers, and explanations. These are practice materials, not official PRC exam questions.

30 practice questions1900+ questions in the app

Practice Quiz

All questions are shown below. Answer them in any order, then submit your completed quiz.

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1.Ano ang kabisera ng probinsya ng Masbate?
2.What is the fundamental economic problem that all societies face?
3.Which of the following is NOT a factor of production?
4.According to the law of demand, what happens to quantity demanded when price increases?
5.What is the term for the point where supply and demand curves intersect?
6.Which economic system is characterized by private ownership of resources and free market forces?
7.What does GDP stand for?
8.Which of the following best describes inflation?
9.What is opportunity cost?
10.In the Philippine economy, which sector employs the largest percentage of the workforce?
11.What happens to the supply curve when production costs decrease?
12.What is the difference between GDP and GNP?
13.Which of the following is a characteristic of a monopoly?
14.What is the law of supply?
15.What type of unemployment occurs when workers lose jobs due to economic downturns?
16.What is consumer surplus?
17.Which government agency in the Philippines is responsible for managing the money supply?
18.What is a budget deficit?
19.Which of the following is a normal good?
20.What is the primary purpose of the Philippine Stock Exchange?
21.What is elasticity of demand?
22.In a command economy, who makes the basic economic decisions?
23.What is the marginal propensity to consume?
24.Which of the following is NOT included in the calculation of GDP?
25.What is deflation?
26.What is the circular flow of income model?
27.Which type of market structure has many sellers offering differentiated products?
28.What is the Lorenz curve used to measure?
29.What is comparative advantage?
30.What is the role of the World Trade Organization?

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Works offlineNoYes
Timed mock examsNoYes
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