Guam Written Exam Questions 2024.

Guam Written Exam Questions 2024. Thank you, Rio. IIl introduce Economics and politics in Guam. About economics, I have two topics which are economic situations and tourism. First of all, I begin with the economic situations in Guam. According to Business Resource Guide, in 2002, Guam suffered the same problem of high energy costs that Brazil is suffering now as we learned from CNN students news; however, Guam dealt with the problem. - correct answer I thought the reason for recovery of the high inflation is that Guam has the business assistance. And that is the Small Business Development Center, which is called SBDC and supported by other Pacific islands. SBDC locates at the University of Guam, and students can get personal counseling and technical support which is like advise on new business preparation. It also gives practical service of training workplace for a limited period. In 2007, there were about 3,000 businesses, and the number of them increased by 7.4 % when compared to 2002. The economics of Guam increased, and the overall salaries of all businesses also were improved by 36%. 36% means that the businesses got more about $6.2billion in current years. Furthermore, local businesses were founded 21%, and then, the number of employees increased more than 52,000 people. - correct answer The latest record of the Consumer Price Index based on the inflation rate, which is a measure of how fast a currency loses its value is 3.2% in 2012. It means that it is remarkable to live in Guam because of low cost. However, maybe you might not be able to judge whether this number is good or bad. So I show you the inflation rate of Brazil, which is having the high inflation as we learned from CNN students new. It was about 9.3% in April 2016, so now, you can little bit understand that the inflation rate of Guam is relatively stable.