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A.

DOES THE LOCKDOWN IMPOSED BY THE GOVERNMENT AFFECT THE


ECONOMIC GROWTH OF THE COUNTRY, YES OR NO? WHY?
ANSWER: Yes exactly, since our country is being lockdown because of
the pandemic, most household take a risk to feed them every day. The
economic growth are going slower because; our country imports
account is from China, Korea and Japan and there is no imports of goods
and services going on right now due to lockdown, lack of demands and
some of the supply stopped, all industries are closed as well as effects
the employment of workers, public transportations are being stop, the
profits of tourism is nearly zero, suspended flights and stopped all
modes transport will cause our economic cost down and most of the
stocks markets interest and investments became lower and downward.
Most people lost their jobs and some of the industries and businesses
experience credit availability which came to be liquidated. Our country
may sacrifice of this crisis, people who have nothing to eat and don't
work is the most likely the problem. Our government main problem is
the money that they give in the whole country households to provide
some basic needs within the lockdown. That's why this pandemic has a
big impact of our economic growth and everyday lives.

B. IS THE BAYANIHAN ACT PASSED BY THE CONGRESS AND SENATE CAN


HELP THE ECONOMY TO GROW AND WILL HELP INCREASE THE
STOCK PRICES IN THE PHILIPPINES STOCK MARKET?
ANSWER: The Bayanihan Act is signed by our President to implement a
minimum of a thirty day grace period loans, including but not limited to
salary, personal, housing, and motor vehicle loans, as well as credit card
payments, falling due within the period of the ECQ without incurring
interests, penalties, fees, or other charges through this Act it will be help
people because they don't have enough money to pay off their specific
expenses since lockdown they don't have work. Through the Bayanihan
Act passed by the congress and senate can help our economy grow
because they now preparing this Act to rebuild businesses and
consumer confidence and avoid recession so that our economy would
be get back on its tract of the pandemic and also our President give
almost 209 billion worth of funding to distribute to families who don't
have enough budget during the quarantine this will be a big help. Lastly,
it will help to increase the stock prices in the Philippine stock market
through this plan and if our economy will grow it will be the same as the
stock prices it would became upward and stock prices will back to
normal as they expected.

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