Introduction Unemployment‚ inflation and poverty have become issues worldwide‚ including Malaysia. Unemployment can be defined as those of working age who is without work‚ but who are available for work at current wage rate. In other word‚ unemployment involved people who are seeking for a job‚ but unable to find one. Historically‚ from 1998 until 2013‚ Malaysia Unemployment Rate average 3.33 Percent reaching an all time high of 4.5 Percent in March of 1999 and a record low of 2.70 Percent in August
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Inflation “Inflation is the rate at which the general level of prices for goods and services is rising‚ and‚ subsequently‚ purchasing power is falling.” Central banks endeavour to put an end to grave inflation‚ along with drastic deflation‚ striving to keep the extravagant growth of prices at the lowest level. For example‚ if there is 5% inflation in a specific country and the price of sugar is usually £3‚ it will spontaneously escalate from £3 to £3.15. Every government’s tries to keep a low
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of ’Unemployment’Unemployment occurs when a person who is actively searching for employment is unable to find work. Unemployment is often used as a measure of the health of the economy. | The most frequently cited measure of unemployment is the unemployment rate. This is the number of unemployed persons divided by the number of people in the labor force. Reasons for Unemployment People can be unemployed for a variety of reasons. The Bureau of Labor Statistics (BLS) notes five prime reasons
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Inflation goes Down to Three Years Low to 6.62 percent in January 2013 Published on: 15-FEB-2013 Data released by the Commerce and Industry Ministry reported that Inflation went down to its three year low of 6.62 percent in January 2013. SEBI ordered freezing of accounts and attachment of properties of two companies of Sahara Published on: 14-FEB-2013 Seizure of Bank Accounts of two companies of Sahara and attachment of its properties ordered by SEBI‚ the market regulator on 13 February 2013
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February‚ 2013 INFLATION BEHAVIOR: EVIDENCE FROM BANGLADESH Mohammad Zoynul Abedin1*‚ Fahmida – E – Moula2 and Shahnaz Parvin1* Mohammad Zoynul Abedin1*‚ Fahmida – E – Moula2 and Shahnaz Parvin (2013). Inflation Behavior: Evidence from Bangladesh. Bangladesh Res. Pub. J. 8(1): 07-17. Retrieve from http://www.bdresearchpublications.com/admin/journal/upload/1308102/1308102.pdf Abstract The rise in the inflation rate has prompted two views of the sources of higher inflation in Bangladesh. One
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lation is an inevitable property of any economy in the world. In simple words‚ inflation is the rise of general level of prices. However‚ inflation is a much more complex phenomenon than simply the increase of prices. Inflation (or general inflation) is also identified with the fall of market value of money within a particular economic system. However‚ some economists prefer to use the term inflation to describe a rapid increase in money supply in a single economy. Generally‚ this is the main cause
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YOUTH UNEMPLOYMENT AND IMPLICATION FOR POLITICAL STABILITY IN NIGERIA (1999-2011) YOUTH UNEMPLOYMENT AND IMPLICATION FOR POLITICAL STABILITY IN NIGERIA (1999-2011) CHAPTER ONE INTRODUCTION BACKGROUND TO THE STUDY In Nigeria‚ civil rule has been restored for over a decades ago‚ which has given people so much hopes and expectations for political stability to enjoy the value of democratic rule. For instance‚ it is assumed that with democracy‚ people would
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Unemployment Gina July 23‚ 2013 Economics Word Count: 2‚112 Table of Contents What is unemployment?........................................................................................................................................3 The Causes and Types of Unemployment……………....................................................................................................................................3-5 Effects of Unemployment...
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Unemployment Unemployment is defined as when a person is available to work and seeking work but currently without work. Unemployment is one of the most important social problem of not only Pakistan but the problem of all over the world. Unemployment is a central problem of Pakistan because when unemployment is high‚ resources are wasted and people’s incomes are depressed; during such periods‚ economics distress also spills over to affect people’s emotions and family lives. The socio economics
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CHAPTER ONE 1.1 INTRODUCTION Economic growth is fundamental for sustainable development. It is not possible‚ for a developing country‚ to ameliorate the quality of life of its growing population without economic growth. The relationship between government expenditure and economic growth has continued to generate series of debate among scholars. Government performs two functions- protection (and security) and provisions of certain public goods (Abdullah‚ 2000) and (Al-Yousif‚ 2000). Protection
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