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The spread of Covid 19 has impacted the economy of our nation. Explain the economic effect of this event to the consumers, firms and the

  1. The spread of Covid 19 has impacted the economy of our nation. Explain the economic effect of this event to the consumers, firms and the government in Malaysia by using the 3 sectors formula in calculating GDP (expenditure approach).
  2. The government has to spend approximately RM28 billions (including the second phase of the stimulus package). Please elaborate the effects of the increase in government spending towards the economy of Malaysia.

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