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ADB projects Malaysian economy to rebound to 6% in 2021, stabilise at 5.7% in 2022 Surin Murugiah / theedgemarkets.com https://www.theedgemarkets.com/article/adb-projects-malaysian-economy-rebound-6-2021-stabilise-57-2022 Read the article above, then

ADB projects Malaysian economy to rebound to 6% in 2021, stabilise at 5.7% in 2022 Surin Murugiah / theedgemarkets.com https://www.theedgemarkets.com/article/adb-projects-malaysian-economy-rebound-6-2021-stabilise-57-2022 Read the article above, then answer the questions below. 1. Malaysia's GDP contracted by 5.6% year-to year for 2020. Please summarize the % of up/down of each of the component in the GDP which contributed to such decline? (2 pts) 2. What will we likely to see in a recession in the following areas, and why? (4 pts) a) employment b) inflation rate c) interest rates d) government spending 3) What factors will contribute to the projected 6% growth in Malaysia's GDP for 2021? (4 pts)

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