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Explain the mechanism in which the Covid-19 situation could cause such significant negative effects on an economy in Malaysia . Describe in detail all macroeconomic
Explain the mechanism in which the Covid-19 situation could cause such significant negative effects on an economy in Malaysia. Describe in detail all macroeconomic concepts and theories as follows:
- GDP and Economic Growth
- Business Cycle (issues and challenges)
- Inflation and unemployment
- Technology and employment
- Monetary and Fiscal Policies
- International Trade
- Currency
- Exchange rate determination
- The effect of exchange rate on export competitiveness
(100 marks)
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