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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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