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WorksheetsUNEMPLOYMENT & INFLATION
Total questions: 14
Worksheet time: 6mins
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
To overcome inflation, government will use _________ policies.
contractionary
expansionary
To reduce the impact of inflation, government will _________ its expenditure.
Increase
Decrease
To reduce the impact of inflation, Bank Negara Malaysia will instruct commercial banks to __________ cash reserve.
Increase
Decrease
BNM persuade the commercial banks to ________ their interest rate on loan to reduce the impact of inflation.
Increase
Decrease
