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What are the consequences of unemployment to the Malaysian economy?
Wiki User
∙ 14y ago
Unemployment can lead to stress emotionally and mentally. When stress occurs, the individual and the loved ones around them suffer. There would be unnecessary pressure and expectations and a case of low morale. Thus leading to misunderstandings.
When misunderstandings occur, one may resort to violence and in turn affect the relationship or lead to an increase in crimes.
Unemployment affects the economy by having a reduction in AD (aggregate demand), and economic growth. There would also be a lack of demand as people unemployed are saving.
Wiki User
∙ 14y ago
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What type of economy in malaysia?
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Why might unemployment not be a concern of the US economy?
Unemployment in the U.S is a huge issue.
Why isn't full employment the same as zero unemployment?
Full employment doesn't mean that there is zero unemployment. Full employment only means that the economy is operating at full employment because there is only structural unemployment, frictional unemployment, and seasonal unemployment. Remaining unemployment is cyclical. Even when an economy is working properly, it will experience frictional, seasonal, and structural unemployment. (gp)
Why is high unemployment a macroeconomic issue?
High unemployment is a macroeconomic issue as it deals with economy and population at large.
What are the effects of unemployment on Michigan's economy?
the effects of unemployment on Michigan's economy may result in longer unemployment for the state. nearly half of michigan's unemployed in 2010 were out of jobs for over 6 months which seemed to be at an all-time high for the state compared to the past recessions
Consequences of Graduate unemployment in nigeria?
consequence of unemployment
What type of economy in malaysia?
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What are the factors effecting improve your economy?
There are several factors that can improve the economy. The biggest factor that can improve and economy is a low unemployment factor. When unemployment is falling the economy usually improves.
What are the advantages and disadvantages of foreign workers in Malaysia?
DisadvantageThey bring the bad culture to our country.Overpopulation.Most of the Malaysian will unemployment
Why might unemployment not be a concern of the US economy?
Unemployment in the U.S is a huge issue.
Why isn't full unemployment the same as zero unemployment?
Full employment doesn't mean that there is zero unemployment. Full employment only means that the economy is operating at full employment because there is only structural unemployment, frictional unemployment, and seasonal unemployment. Remaining unemployment is cyclical. Even when an economy is working properly, it will experience frictional, seasonal, and structural unemployment. (gp)
Is unemployment micro economy?
No it macro environment
What is an acceptable unemployment rate?
5.4% when the economy is good. 9.5% when the economy is in a recession.
Why isn't full employment the same as zero unemployment?
Full employment doesn't mean that there is zero unemployment. Full employment only means that the economy is operating at full employment because there is only structural unemployment, frictional unemployment, and seasonal unemployment. Remaining unemployment is cyclical. Even when an economy is working properly, it will experience frictional, seasonal, and structural unemployment. (gp)
Environmental-protection laws can be bad for the economy because they may do what?
Environmental-protection laws can be bad for the economy because they may increase unemployment.
Why is high unemployment a macroeconomic issue?
High unemployment is a macroeconomic issue as it deals with economy and population at large.
What type of unemployment is not a natural result of a market economy?
seasonal
