Planning

Question 1

Is a building or a structure that has the ability to be occupied for habitation by humans

Answer 1

Housing

Question 2

Means shelter, home or a house

Answer 2

Hus

Question 3

The backlog is projected to reach around —— units by 2023

Answer 3

6.5 million

Question 4

Target low-income families, but limited, and quality is often below standard

Answer 4

Socialized housing

Question 5

Is a basic economic principle that explains the relationship between supply and demand for a good or service, and how that interaction affects the price of that good or service.

Answer 5

Law of supply and demand

Question 6

When there is a high demand for a good service, its price rise or fall?

Answer 6

Rise

Question 7

If there is a large supply of good or service but not enough demand for it, the price rise or fall?

Answer 7

Fall

Question 8

Supply and demand work against each other until the point at which the — price is achieved.

Answer 8

Equilibrium

Question 9

Dictates that people will have lower and lower demand for a good as its price rises ever higher.

Answer 9

Law of demand

Question 10

Lower price drive demand
True or false?

Answer 10

True

Question 11

They value and purchase something more when it’s cheaper

Answer 11

Consumers

Question 12

Says that a higher price will induce producers to supply a higher quantity to the market

Answer 12

Law of supply

Question 13

Filipino families are envisioned to live in comfortable homes with secure tenure and necessary amenities.

Answer 13

AmBisyon Natin 2040

Question 14

Created a national framework which was used to determine the housing backlog and housing needs of the country.

Answer 14

The Statistical Research and Training Center (SRTC) and the Housing and Urban Development Coordinating Council (HUDCC)

Question 15

Current Price ceiling of Open market

Answer 15

Above 4million

Question 16

Current Price ceiling of Socialized housing (horizontal development)

Answer 16

480k - 580k

Question 17

Current Price ceiling of Socialized housing (vertical development)

Answer 17

600k - 750k

Question 18

Current Price ceiling of Economic housing

Answer 18

450k - 1.7m

Question 19

Current Price ceiling of Medium cost housing?

Answer 19

1.7m to 4m

Question 20

When the market price is higher than the equilibrium price

Answer 20

Surplus

Question 21

When the market price is lower than the equilibrium price

Answer 21

Shortage

Question 22

In —The front door of the house must face against the flow of a nearby river.

Answer 22

Bontoc

Question 23

In— the roof of the house must slope following the direction of the incline of the nearby mountains

Answer 23

Romblon

Question 25

In— the ridge of the roof is always positioned at the right angles to the ridge of the mountain on which house stands.

Answer 25

Cordilleras

Question 26

The —, it is customary to give ample space underneath their houses for future tomb of owner.

Answer 26

Ibalois

Question 27

In — posts are laid with their bottom ends at the footing on the ground and the top ends pointing towards east.

Answer 27

Southern Tagalog