Inflation in Malaysia

Inflation in Malaysia

University

10 Qs

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Inflation in Malaysia

Inflation in Malaysia

Assessment

Quiz

Social Studies

University

Practice Problem

Hard

Created by

Feroz Costa

Used 1+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary cause of inflation in Malaysia?

Decrease in supply of goods

Increase in demand for goods

Increase in production costs

Government subsidies

2.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

How does inflation affect purchasing power?

Increases purchasing power

Decreases purchasing power

Has no effect on purchasing power

Stabilizes purchasing power

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a common measure to control inflation in Malaysia?

Reducing interest rates

Increasing interest rates

Increasing government spending

Reducing taxes

4.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Which index is used to measure inflation in Malaysia?

Consumer Price Index (CPI)

Producer Price Index (PPI)

Gross Domestic Product (GDP)

Industrial Production Index (IPI)

5.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

What is the impact of inflation on the value of money?

Increases the value of money

Decreases the value of money

Has no impact on the value of money

Stabilizes the value of money

6.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

How does inflation typically affect interest rates?

Interest rates decrease

Interest rates increase

Interest rates remain stable

Interest rates fluctuate randomly

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following groups is most negatively affected by inflation?

Borrowers

Lenders

Fixed-income earners

Business owners

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