Question
In the fourth quarter of the year 2019, Real GDP for Malaysia was RM400 billion; in the first quarter of 2020, it was RM398 billion;
In the fourth quarter of the year 2019, Real GDP for Malaysia was RM400 billion; in the first quarter of 2020, it was RM398 billion; in the second quarter, it was RM394billion; and in the third quarter, it was RM390 billion. Has there been a recession in this country? Show using calculations.
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Economics Today The Macro View
Authors: Roger LeRoy Miller
19th Edition
0134478762, 978-0134478760
