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How employment issues, inflation problem happened recently can impact the…

- - - - in responce to an increase in demand for goods and services from consumers and firms
      - in responce to workers demands for higher wages, or a rise in the other coss of production
      - to increase total demand in the economy during an economic reccession in an attemp to reduce unemployment
    - - this forces the supplie to increase their pirices
  - - - Indonesia's most important export commodities are oil and gas, minerals, crude palm oil, electrical appliances and rubber products. However Indonesia exports of goods and services, as a proportion of GDP, is relatively low at 20%.
    - - consumer spending tends to boost company profits.
  - - - government may expand the supply of money to boost aggregate demand.
    - - prices of goods and services will increase
    - - the cost of producing the good and services can rise becuase worker demand increases.
      - workers may demand a higher wage
        
        increases the prices of goods and services
  - - - encourage consumers to purchase goods and services
    - - business such as bank has an increase in borrowing money since the interest rate is usually low in this period of low inflations.
      - high revenue as there is an increase in consumer spending
    - - government is committed to keeping inflation within a certain target it may result in the expectation that inflation will be low and this will help reduce demands for higher wages.
      - demand for higher wages decreases
- - - - High restrictions
        
        Customers are less motivated to going there
        
        less revenue due to the lack of buyers
        
        unemployment occur as there is no more capital to pay their wages
        
        examples
        
        social distancing and quarantine
        
        mask
        
        6 feet apart
      - Less economic activities
        
        businesses will gain less revenue
        
        unemployment
        
        this happen due to the decrease of sales and revenue creating less capital to pay as wages. the business has no other choice but to fire the worker
        
        bancruptcy
        
        this happens due to the lack of income
    - - governent intervention are more toward the low income citizen
        
        this is because most of the job that the low income worker are wporking at are mostly affected by COVID-19
        
        subsidy
        
        umemployment benefits such as welfare
        
        grants
    - - decrease in output due to factorys closing down
        
        less income
        
        unemployment due to the decrease of revenue and income
        
        less growth
        
        as there is a decrease in capital to build up or expand the business
    - - disavantages
        
        social isolation
        
        without enough internet connection teaching might be limited
        
        teachers cant make efficient feedback
        
        surrounding can easily distact them.
        
        easily cheateble
      - online school
      - students must swtich methods of learning such as online school as going to a normal school might risk theirselve to COVID
      - this in the long run might effect the acedemics of out next generation, creating a chance of unemployment in the future
      - there is 74% people in indonesia with access to the internet
    - - Industry
        
        industry that provide luxurious item are affected as they have a low demand but industry that provide house hold items will gain benefits to this apedemic as their demand increases .
        
        Bag store (+)
        
        car factory (-)
        
        water company(+)
        
        45% of the working populationis in the industry sector
      - Service
        
        is the most affected out of other industry as the service industry needs alot of socialing
        
        restaurant
        
        retail stores
        
        Tourism
        
        33% of the working population in indonesia works in the service sector
      - Agriculture
        
        increases in demand as household item and food resources are the most important resource to have in these situations
        
        Farmer
        
        food resources
        
        fisherman
        
        food resources
        
        mining
        
        coal for electricity
        
        17% of indonesia working population is in agriculture
    - - might increase unemployment
        
        doesn't need wage and daily neccesity
        
        good and service are always the same as human errors are very rare in machines or robots
        
        more efficient