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Letters For Validators 1

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33 views4 pages

Letters For Validators 1

Uploaded by

alexandriadee1028
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Republic of the Philippines

DON HONORIO VENTURA STATE UNIVERSITY


Bacolor, Pampanga

November 02, 2023

ALEXANDRIA T. DELMORO
Assistant Restaurant Manager
Jollibee Arayat

Dear Sir;

Greetings!
The undersigned is presently conducting a research study titled Inflation’s Grip: Analyzing the
Effects of Rising Prices on Spending Patterns and Living Standards among Minimum Wage
Earners. This is in relation to the requirement set forth for the completion of a Bachelor of Science
in Accountancy degree. The respondents are the minimum wage earners of San Fernando,
Pampanga.
In connection with this, may I respectfully request your assistance in validating the attached
questionnaire as presented herein?
Validator’s Assessment
The Questionnaire is valid and can provide unbiased data. Yes [ ] No [ ]
The Questionnaire is capable of generating the data needed. Yes [ ] No [ ]
The Questionnaire is presented in clear and simple format Yes [ ] No [ ]
________________________
________________________
________________________
Thank you very much.

PRINCESS MARIE S. CONCEPCION


Research Group Representative

Noted by:
YURI WALTER D. AKIATE, PhD
Research Adviser

Approved:

ALEXANDRIA T. DELMORO
Assistant Restaurant Manager, Jollibee Arayat
Republic of the Philippines
DON HONORIO VENTURA STATE UNIVERSITY
Bacolor, Pampanga

Statement of the Problem

In recent years, inflation has exerted a significant influence on the financial well-being of
all individuals and every household, especially those earning minimum wage. The insistent
increase in prices for essential goods and services has raised pressing concerns about its
consequences on the spending patterns and living standards of this vulnerable group. Despite the
prominence of inflation in economic discourse, there remains a need to thoroughly investigate the
complex effects of rising prices on the sector of minimum wage workers.

Thus, this research aims to address the following key issues:

1. How have minimum wage earners adjusted their spending patterns? To what extent have they
cut back on unnecessary expenses, and how has this affected their overall spending pattern?

2. How has inflation affected the living standards of minimum wage earners, including their ability
to afford necessities, maintain a decent quality of life, and save for the future? What are the specific
areas where their living standards have been most severely affected?

3. Do changes in spending patterns due to inflation have an impact on the overall living standards
of minimum wage earners?

4. What strategies and coping mechanisms have minimum wage earners adopted in response to
rising inflation? Have they sought additional sources of income, resorted to debt, or made changes
in their employment status?

5. What policy measures, if any, can be implemented to mitigate the adverse effects of inflation
on minimum wage earners? Are there potential interventions that could provide them with greater
economic stability and security in the face of inflationary pressures?

By addressing these questions, this research study seeks to elucidate the intricate
relationship between inflation and the financial well-being of minimum wage earners. The results
of this study can ultimately contribute to the development of informed policies and initiatives that
safeguard the economic interests and living standards of this vulnerable segment of the population.
Republic of the Philippines
DON HONORIO VENTURA STATE UNIVERSITY
Bacolor, Pampanga

INTERVIEW GUIDE

Greetings,

A pleasant day! We are fourth-year students pursuing a Bachelor of Science in


Accountancy program at Don Honorio Ventura State University. We are reaching out to you as
part of our research study entitled "Inflation’s Grip: Analyzing the Effects of Rising Prices on
Spending Patterns and Living Standards among Minimum Wage Earners."

In this study, we aim to delve into the intricate relationship between the persistent rise in
prices and the daily lives of individuals who earn the minimum wage. The research aims to shed
light on the challenges faced by this segment of society concerning their spending behaviors and
overall quality of life due to the economic phenomenon of inflation.

Your valuable insights and experiences as a participant are of immense significance to this
research. By sharing your perspectives, challenges, and coping mechanisms, we can collectively
contribute to a deeper understanding of the impact of inflation on living standards and spending
patterns.

Your participation will be treated with the utmost confidentiality, and your responses will
be anonymous to ensure privacy and integrity throughout the study. Your time and input are greatly
appreciated and will significantly contribute to the advancement of knowledge in this critical field.
Thank you for taking the time to participate in our research.

Respectfully yours,

Catacutan, Edvin John D.


Concepcion, Princess Marie S.
Isip, Rowena B.
Jingco, Fiona Mae M.
Suñga, Shaila M.
Republic of the Philippines
DON HONORIO VENTURA STATE UNIVERSITY
Bacolor, Pampanga

Part I. Demographic Profile


Name:__________________________________________________________________
Age:____________________________________________________________________
Sex:____________________________________________________________________
Civil Status:_____________________________________________________________
Occupation:_____________________________________________________________
Industry:_______________________________________________________________

Part II. INFLATION AND LIVING STANDARDS OF MWE

1. How does inflation impact your day-to-day life?


2. In light of the surging prices, do you think you maintain a satisfactory quality of life? Why
(Yes/No)?

a. What adjustments have you made to sustain your living standards?


3. What strategies and coping mechanisms have you adopted in response to inflation? Have
you sought additional sources of income or resorted to debt?
a. Are you currently setting aside funds for future financial needs or goals, or do you
prioritize maintaining your current standard of living?
b. Are you saving more, less, or differently compared to previous years?
c. What strategies and coping mechanisms have you adopted in response to inflation?
Have you sought additional sources of income or resorted to debt?

Part III. INFLATION AND SPENDING PATTERNS

1. Have you observed any shifts in your spending habits or preferences during periods of
higher inflation rates?
a. How do you budget your expenditures, especially for your "basic needs"?
2. Can you describe any trade-offs or sacrifices you have had to make in your budget?

Part IV. RECOMMENDATION(S)

1. What policy measures, if any, would you like to suggest to mitigate the adverse effects of
inflation on minimum wage earners?

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