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PROVIDE ANY MEASURES THAT CAN BE TAKEN BY GOVERNMENT THAT CAN REDUCE INFLATION.

QUESTION: PROVIDE ANY MEASURES THAT CAN BE TAKEN BY GOVERNMENT THAT CAN REDUCE INFLATION.             Inflation is not a deviant issue in Malaysia. According to Islam et al.(2017) as cited in Amadeo (2012), inflation is define as a continuous upsurge of goods and services price in the market. In the history of inflation in Malaysia, inflation started to penetrate into Malaysia economy since 1970s. There are three significant events relating to inflation in Malaysia, the first one was during a sharp increase in oil price in 1973 and 1974. The next one happened in 1980 and 1981 where the country experience an increase in industrial raw materials and investment price. The biggest catastrophe was recorded in 1997 which were mainly cause by a surge in interest rate, fuel prices and prices of goods and services (Ming & Hui, 2014). Today, it can be seen that the inflation rate in Malaysia is reducing from time to time. As reported ...
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Discuss the rationale to maintain the foreign exchange rate.

Question : Discuss the rationale to maintain the foreign exchange rate.             Exchange rate can be defined as the standard of our country’s currency compared to others currency (Amadeo, 2018). In other words, a foreign exchange rate is an exchange of funds in one currency for funds in another currency at an agreed rate and arranged basis. For example, the latest rate of currency for 1 US Dollar is equal to 4.14 Malaysian Ringgit. This exchange rate is a dynamic rate which fluctuate from day-to-day, minute-to-minute, and second-to-second depending upon a variety of factors (Bharti, n.d.). Among the factors that will affect the exchange rate are events like war, terrorism, changes to the political situation, as well as economic problems (Anlas, 2012). In managing the exchange rate, there are two regimes involved. The first one is fixed exchange rate. According to CNB National Bank (2018), a fixed exchange rate is a rate th...
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Provide any justification for government intervention in production and provision of public and private goods

Provide any justification for government intervention in production and provision of public and private goods There are two types of goods which are public and private goods. Public goods can be defined as a goods that is non-rival and non-excludable whereby the consumption by one customer does not reduce the consumption of another customer (Investopedia, 2018). Public goods also cannot prevent anyone from consuming it. For instance, clean water, national defense and street lights. According to Musgrave (2014), the public goods is one of the tools that can correct market failure whereby this happened due to the free market fails to satisfy and allocate sufficient goods or services. Public goods also can help in improving economic welfare. For the private goods, an economist refers as rivalrous and excludable where a product that must be purchased to be consumed and consumption by one individual at a time (Investopedia, 2018). This is because the company’s goal of producing private ...
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Discuss any initiatives taken by government to create investment climate and infrastructure.

Question : Discuss any initiatives taken by government to create investment climate and infrastructure. Answer: Definition Investment climate refers to economic and financial conditions in a country that affects whether individuals, banks and institutions are wiling to lend money and acquire a stake in the business operating there. On the other hand, quality public business infrastructure are provided by the states such as sound regulation, market-supporting laws that are implemented fairly by honest and well-trained judges and a transparent procurement system. Malaysia Incorporated Policy One of the initiatives taken by the government to create investment climate and infrastructure is through the implementation policies. In 1981, The government has decided to implement Malaysia Incorporated Policy through the parliamentary process in which corporate bodies and government sectors discuss on how to attract investors and preventing Malaysia from being adversely affect...
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Contract Law (LAW439)

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Contract Law (LAW439) Compilation of case law videos. Includes the following: Adams v Lindsell Carlill v Carbolic Smoke Ball Co Tan Hee Juan v Teh Boon Keat Venkata Chinnaya v Verikatara Ma'ya Balfour v Balfour Thomas v Thomas OFFER CARLILL V CARBOLIC SMOKE BALL CO ACCEPTANCE ADAMS V LINDSELL CONSIDERATION VENKATA CHINNAYA V VERIKATARA MA'YA INTENTION TO CREATE LEGAL RELATIONS BALFOUR V BALFOUR CAPACITY TAN HEE JUAN V TEH BOON KEAT ​ Contributors Nur Fatima Aisya binti Jamil Pn. Laila Pn. Amylia Fauzi En. Helmi Khair
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