Fiscal policy & direct control

How does providing training and technical education help reduce unemployment ?

• A. It encourages people to migrate to urban areas

• B. It increases workers' salaries directly

• C. It helps individuals upgrade their skills and knowledge to find jobs

• D. It reduces the prices of goods in the market

Which of the following is a method used by the government to overcome inflation through price regulation?

• A. Free technical education

• B. Price control and rationing

• C. New land development

• D. Job creation in the private sector

In Malaysia, how is compulsory savings implemented to help reduce inflation?

• Through voluntary bank deposits by workers

• By limiting purchases with coupons

• By deducting a percentage of workers’ wages into EPF accounts

• Through government-issued ration cards

What is fiscal policy?

What happens when the government spend more money during hard times?