Category: 2019 D03 Eco

Q. a) Describe the two (2) following methods to control inflation: i. Monetary Policy. (5 marks) ii. Fiscal Policy. (5 marks) b) Explain the difference between macroeconomics and microeconomics. (10 Read More …

Q. a) Explain the mechanism of government intervention in stabilizing the economy. (10 marks) b) Describe the difference between Domestic Trade and International Trade. (10 marks) (20 marks, 2019 Q2) Read More …

Q. a) Explain the following causes of inflation. i. Demand-pull inflation. (5 marks) ii. Cost-push inflation. (5 marks) b) Explain the following terms in the context of market structure. i. Read More …

Q. a) Explain the difference between deflation and inflation. (10 marks) b) “Government intervention in the economy can lower the price of goods”. Explain. (10 marks) (20 marks, 2019 Q4) Read More …

Q. Describe four (4) characteristics that differentiate free economic system and central planned economic system. (20 marks, 2019 Q5) A. Similar question was asked in: 2013 Q1b 2015 Q1b 2018 Read More …

Q. a) Explain the difference between firm and industry. (10 marks) b) Show the equilibrium position of a firm and industry under perfect competition in short-run and long-run. (10 marks) Read More …

Q. a) Describe the different types of money and its functions. (10 marks) b) Explain the difference between Current Deposits and Saving Deposits. (10 marks) (20 marks, 2019 Q7) A. Read More …

Q. Describe four (4) main roles of the Central Bank of Malaysia. (20 marks, 2019 Q8) A. Similar question was asked in: 2017 Q3b 2011 Q7b Although the question specified Read More …