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The Rising Cost of Living in Malaysia: A 6low +RXVHhROG ,ncome *rowth or ,ncreasing 6tandard of Living

Mohd Aqmin Abdul Wahab · Hazrul Izuan Shahiri · Mustazar Mansur · Mohd Azlan Shah Zaidi ·Jurnal Ekonomi Malaysia ·2018

This paper looks at the causes of increasing cost of living by studying two (2) main factors; frstly, the slow growth in income as compared to infation, and secondly the unproportional increase in standard of living as compared to income. F...

standard of living Income infation elasticity expenditure

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