ECONOMICS 22 (MACROECONOMICS) – ALL CLASSES

Please answer in an one-half (1/2) crosswise of yellow paper. This will be submitted next
meeting.

1. Review the inaugural speech of President Benigno Aquino III. From his speech,
enumerate and identify the reforms that he wants to take effect in the country.
2. Of the reforms he mentioned in his speech, what are the economic reforms that he wants
to implement during his administration.
3. Is there a correlation between corruption and economic growth and development?
Explain through economics why eliminating corruption can improve economic growth
and development in the country.