UNEMPLOYMENT & INFLATION

A situation where labor force participants are available or willing to work but are unable to find jobs

• Unemployment

• Underemployment

• Discourage worker

• Outside of the labour force

Workers who are over qualified for their current jobs are defined as

• over-employed

• Underemployed

• Unemployed

• Discourage workers

Ahmad has already given up on finding a job after many unsuccessful try. Ahmad is called a ___________?

• Encouraged workers

• Unemployed

• Discourage worker

• Underemployed

Liza took 3 months to find a job after her graduation. The period of 3 months for Liza to find the jobs is what types of unemployment?

• Cyclical

• Seasonal

• Frictional

• Structural

Structural unemployment is unemployment caused by ___________.

• discrimination

• a temporary change in jobs

• the time required to match employers and workers

• change in economic structure

During unemployment, Bank Negara Malaysia will _______ short term bonds or government securities from individual and institutions.

• Buy

• Sell

To overcome unemployment, Government will _________ the tax.

• Increase

• Decrease

Demand pull inflation is caused by ________.

• Increase in supply

• Increase in demand

• Decrease in supply

• Decrease in demand

Cost push inflation is caused by _______.

• Increase in supply

• Increase in demand

• Decrease in supply

• Decrease in demand

which one will stand to gain from inflation?

• Creditors

• Fixed income earners

• Business people

• Pensioners