After reading the text and supplemental resources provided, please respond:• What are the cultural, media, and political influences that enable sexual violence? What can we do as individuals and as communities to reduce sexual violence?• What would the world look like without sexual assault? How would your everyday life be different? Your relationships? Your interactions with strangers? Those impacted by sex slavery?
performed by Hans Jarle Kind & Mohd Nazari Ismail, 2001, expansionary fiscal policy by government will create the demand for currency and hence contribute to increase in interest rate of the country. When interest rate rises, the country currency will begin to appreciate as well. Whereas, when government increase the tax levy to public, the country consumption will simultaneously decrease, thus interest rate of the nation likely to reduce, this latter will result in the derogation of the country currency. Inflation According to Elizabeth Chua Siew Eng & John G. Bauer, another element that can affect the Malaysia exchange rate is inflation. High inflation will make the country currency to devalue, while low inflation will give positive impact to the country by appreciating in country currency. In 1970s, Ringgit has appreciated against the US Dollar because of the higher inflation in the US as compared to Malaysia. In late 1991 and early 1992, Bank Negara Malaysia (BNM) policy of combating inflation by a stringent monetary policy outcomes in higher interest rate along wirh large capital inflow to the country. This had caused the Ringgit to appreciate. Increases in tax imposed on nitizen of the nation will likely cause the spending to lessen because of higher inflation. For instance, when the government of Malaysia imposed GST (good and services sector) in April 2015, retail spending or consumption decline because purchasing power of the people decrease. As demonstrated, the sales of European brands in automotive sector have recorded tremendous drop as soon as the GST is being visited. GST also predicted to cause inflation to come about in Malaysia. Governor of Malaysia Central Bank, Tan Sri Dr Zeti Akhtar Aziz also recognizes that GST will cause inflation. Capital Inflow Capital inflow is the factor to determine the value of Ringgit. This phenomenon can be seen during Asian crises between 1997 and 1998. It was not coming from neither misaligned exchange rates, mistaken domestic policy, nor lack of transparency in the banking sector, but it was vastly attributed to a combination of an excessively rapid rise of capital inflows as well as the falling global demand for the exports from the region that arose from a global economy. This view supported by Fumi>GET ANSWER Let’s block ads! (Why?)