1. What is meant by the Gross Domestic Product (GDP). How it is measured?

2.What is meant by Business Cycle? Identify the fiscal and monetary policies normally taken by Governments to revive economy from slowdown/depression.

3.Variations in the foreign exchange rate can impact on the profitability of businesses. Explain what measures can be taken by a firm to reduce the foreign exchange risks.

4. Slowdown in the global economy adversely affected the Malaysia's economy during 2008- 2009. What measures were taken by Malaysia to boost its economy? Discuss.