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Question 1: briefly discuss two reasons on importance of price elasticity of demand to small holders or plantation company Question 2: gross domestic product (GDP)

Question 1:

briefly discuss two reasons on importance of price elasticity of demand to small holders or plantation company

Question 2:

gross domestic product (GDP) is one of the common indicators used to track the health of a nation's economy. The calculation of a country's GDP takes into consideration several different factor about that country's economy, including its consumption and investment.

GDP is perhaps the most closely watched and important economic indicator for both economist and investors alike because it is a representation of the total dollar value of all goods and services produced by an economy over a specific period. As a measurement, it is often described as being a calculation of the total size of an economy.

Required:

choose any SIX (6) countries in ASEAN including MALAYSIA. Analyze and comment using GDP by Type of expenditure at constant (2015) US dollars price on the Malaysian economy and its neighbors in a year from 2010 to 2017. (Hints: select one year only and table/s is / are required.

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