group 4 economy currency rate challenges
Authored by NUR'SIRNA AHMAD
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8 questions
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1.
MULTIPLE CHOICE QUESTION
10 sec • 2 pts
which of the following is NOT a key microeconomic concept related
to Malaysia's issues?
demand and supply
opportunity cost
market disequilibrium
price elasticity
2.
MULTIPLE CHOICE QUESTION
10 sec • 2 pts
When did the high cost of living first become a significant issues
for Malaysia?
1980
2023-2024
2015-2016
1997
3.
MULTIPLE CHOICE QUESTION
10 sec • 2 pts
High dependency on trade partners makes Malaysia less vulnerable
to global economic shocks
True
False
4.
MULTIPLE CHOICE QUESTION
5 sec • 2 pts
Price elasticity measures how much demand
changes when prices fluctuate
True
False
5.
MULTIPLE CHOICE QUESTION
5 sec • 2 pts
When living cost go up, people suddenly
find money growing on trees(we wish though)
True
False
6.
MULTIPLE CHOICE QUESTION
5 sec • 2 pts
Climate change could lead to nationwide
shortage of iced milo dinosaur.
True
False
7.
MULTIPLE CHOICE QUESTION
10 sec • 2 pts
Why is income inequality a problem?
Rich people don't invite you to their yacht party
widens the gap between rich and poor
causing social unrest
(choose me)
nobody knows how to fix
reality show "rich lifestyle" make people sad
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