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Presentation
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Other
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1st Grade
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Practice Problem
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Hard
NUR KPM-Guru
FREE Resource
33 Slides • 22 Questions
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Open Ended
What is the significance of studying economics for students preparing for SPM 2025?
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Open Ended
Bagaimanakah unit ekonomi di atas menyelesaikan masalah ekonomi tersebut?
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Multiple Choice
Which of the following is an implication of a company choosing to buy machines instead of hiring permanent workers?
Increase in unemployment
Decrease in production costs
Increase in government revenue
Decrease in demand for products
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Open Ended
Based on the information about the government's consideration to postpone a mega project to balance subsidy spending, explain why such a situation occurs. Include at least three economic concepts in your answer.
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Multiple Choice
Which of the following statements best explains the economic problem faced by the state government of Perlis when choosing between the Chuping Industrial Area and the Sanglang Jetty Development?
The government has unlimited resources to fund both projects.
The government must choose one project due to limited allocation.
Both projects can be implemented without any trade-offs.
The government does not need to consider public welfare.
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Multiple Select
Which of the following are factors of production shown in the image of the yellow machine in the field?
Land
Labour
Capital
Entrepreneur
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Open Ended
Explain two ways Malaysia solves the basic economic problem of 'what to produce' and 'how to produce'.
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Multiple Choice
Which of the following is a characteristic of a mixed economic system practiced by a country?
All production factors are owned by the government
Individuals are not free to make choices
Firms are free to compete
The government does not control prices
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Multiple Choice
Which of the following is NOT a main feature of the Islamic economic system?
Guided by the Quran and Hadith
Profit maximization is the only goal
Balance between individual and society
Government provides public goods and individuals pay zakat
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Multiple Choice
Which of the following is an advantage of the economic system where the government has full power in making economic decisions?
Unequal income distribution
Public goods and welfare are prioritized
Small-scale production
Resources are allocated for profit maximization
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Fill in the Blanks
Based on the table, calculate the price elasticity of supply for good X. Es =
Type answer...
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Open Ended
Explain two factors that determine the elasticity of supply.
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Multiple Choice
Which of the following factors can cause the supply curve to shift from S0S0 to S1S1 as shown in the diagram?
Increase in technology, decrease in production costs, government subsidies
Decrease in technology, increase in production costs, government taxes
Decrease in demand, increase in consumer income, government subsidies
Increase in demand, decrease in consumer income, government taxes
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Multiple Choice
Which of the following statements best describes what happens when there is a decrease in the price of a good, according to the demand curve diagram?
Quantity demanded increases, moving along the demand curve
Quantity demanded decreases, shifting the demand curve to the left
Quantity supplied increases, shifting the supply curve to the right
Quantity supplied decreases, moving along the supply curve
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Multiple Select
Select all the factors that can cause an increase in demand as shown by a rightward shift of the demand curve.
Increase in consumer income
Decrease in the price of the good itself
Change in consumer preferences
Increase in the price of a substitute good
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Fill in the Blanks
When the supply curve shifts to the left from S0 to S1, the equilibrium quantity will ___ and the equilibrium price will ___.
Type answer...
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Multiple Choice
Which of the following best describes the effect of a decrease in supply on the equilibrium price and quantity in the market, as shown in the diagram?
Equilibrium price increases, equilibrium quantity decreases
Equilibrium price decreases, equilibrium quantity increases
Both equilibrium price and quantity increase
Both equilibrium price and quantity decrease
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Multiple Select
The government's decision to increase the minimum wage for public servants is expected to have several effects. Select ALL the possible outcomes from the following:
Increase in purchasing power
Decrease in demand for goods
Improvement in quality of life
Decrease in public servants' income
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Open Ended
Explain how the gig economy has become an alternative source of income for individuals in Malaysia, and discuss its impact on work flexibility and family life.
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Fill in the Blanks
The government's decision to increase BSH payments can improve the standard of living of the people because their
Type answer...
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Multiple Choice
Which of the following best describes the concept of opportunity cost as discussed in the lesson?
The total money spent on all choices
The value of the best alternative forgone when a choice is made
The satisfaction gained from every option
The amount of resources available for all options
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Open Ended
Reflecting on today's lesson about economic decision-making, what is one key concept you learned that you think will be useful in real life?
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