From the report, "Malaysia's central bank kept its key interest rate steady at a record low holding fire after four consecutive rate cuts this year, as the coronavirushit economy showed tentative signs of recovery. Bank Negara Malaysia (BNM) left its interest rate at 3.75% in Q4 2020, that slightly lower compared to Q4 2019 at 4.8%. Six out of 13 economists polled by Reuters had expected rates to remain unchanged, with a slim majority betting on a rate cut. The central bank said labour market conditions, household spending and trade activity had continued to improve and that its monetary stance remained "appropriate" given the growth and inflation outlook"

Using aggregate demand and aggregate supply curves, discuss the effects of the above situation on the equilibrium of GDP.