Malaysia's Economy
Explore Malaysia's Economy
Test your knowledge about Malaysia's economy with this engaging quiz! Dive into questions about GDP, productivity, and lifestyle comparisons.
Features:
- Multiple choice and checkbox questions
- Learn about key economic indicators
- Understand the impact of subsidies and innovation
How does Malaysia’s economy compare to SE Asia and the world?
It is 35th largest in the world and 3rd in SE Asia.
It is 35th largest in the world and 4th in SE Asia.
It is 32nd largest in the world and 3rd in SE Asia.
What was the 2019 GDP per capita?
USD $27,000
USD $29,000
USD $31,000
What is labour productivity?
The amount of goods and services produced in a certain amount of time.
The amount of technology available for labour.
How labour produces jobs.
Labour productivity is relatively high in Malaysia because...
...there are a lot of industries based on knowledge and cutting-edge technology.
...the cost of living is lower than in other similar countries.
...there are many natural resources in Malaysia.
Compared to other upper-middle-income countries (like Mexico, Turkey, and Brazil) Malaysia's lifestyle is...
Higher
Lower
The same
Why is Malaysia's lifestyle higher than other upper-middle-income countries?
Low cost of living
Business subsidies
High cost of living
The weather is better
What is a subsidy? Choose the best answer.
Getting money to help pay for things.
Keeping prices low.
Money given to businesses for costs.
What does the Malaysian government subsidise for everyone? (Check all that apply.)
Cooking oil
Petrol
Candy
Flour
Rice
Housing
Clothing
Computers
What did the IMF and World Bank recommend Malaysia do if it wants to become a high-income country?
Lower taxes
Promote innovation
Subsidise healthcare
Increase exports
What might be a reason for fewer innovations in Malaysia?
Weaker intellectual property rights
Low cost of living
Government subsidies
Malaysia is also the world's largest Islamic banking and financial centre.
True
False
What percentage of Malaysia's GDP is manufacturing?
25%
40%
60%
The infrastructure in Malaysia is the same in rural (away from cities and towns) and urban (in cities and towns) areas.
It is the same.
It is better in rural areas.
It is better in urban areas.
How much effort did you put into preparing for this test? (5 stars = maximum effort; I literally couldn't have done any more.)
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