Monday, December 27, 2010

reaction paper

Well this is good news especially to those people who are unemployed. This so called budget reform gives hope to those people who are in need. I agree with this reform. It talks about increasing the budget to increase the jobs (push economic growth and job creations), in effect alleviating poverty. But this could be a tough one, because corruption may arise. That is why they are playing the game of empowerment. The reform also implements zero-based budgeting approach. Through the zero-based budgeting approach, they reduced or terminated funding for programs found to be suffering from irrelevance, ineffectiveness, leakages and political interference, and freed up allocations for critical and effective programs. And also one of the key allocations that caught the public eye is the P21 billion for the expanded conditional cash-transfer (CCT) program to benefit 2.3 million household-beneficiaries by the end of 2011. This reform also considers the following issues among the people, health, more classrooms for the students, and prices of the commodities. The idea is good, and all I want to recommend is that Filipinos should not rely too much in the government’s project. In order to achieve a much greater success, they must also work on their own for the betterment of the country. the government cannot do it alone without the cooperation of the people. http://www.monstersandcritics.com/news/asiapacific/news/article_1607962.php/Philippine-leader-signs-budget-supporting-2011-reforms
http://www.monstersandcritics.com/news/asiapacific/news/article_1607962.php/Philippine-leader-signs-budget-supporting-2011-reforms

Saturday, December 18, 2010

ANSWERS_REVIEW QUESTIONS

CHAPTER 4
1. D
2. B
3. A
4. B
5. A
6. C
7. D
8. A
9. C
10. B

CHAPTER 5
1. C
2. D
3.B
4.C
5.C
6.C
7.A
8.B
9.D
10.C

CHAPTER 6
1.B
2.C
3.A
4.C
5.B
6.A
7.B
8.C
9.A
10.B