Extra RWEs Flashcards

1
Q

Japan Monetary Policy

A

2008
Deflation after economic crisis due to reduced consumption and investment

Made lending rate 0%
–> Free!

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2
Q

GNI India

A

2000: $440
2022: $2100

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3
Q

GNI DRC

A

2000: $100
2022: $550

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4
Q

South Africa Unemployment

A

35% Unemployment

South Africa has a shortage of highly skilled workers.
–> Investment in education

To combat structural unemployment

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5
Q

Cyclical unemployment

A

UK, 600,000 people left labor force following the economic contraction after Ukraine war started + covid 19

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