Question: ASSIGNMENT QUESTION PURPOSE The purpose of this assignment is to enhance learners' understanding on the application of macroeconomics concepts and theories. REQUIREMENT Answer all questions.


ASSIGNMENT QUESTION PURPOSE The purpose of this assignment is to enhance learners' understanding on the application of macroeconomics concepts and theories. REQUIREMENT Answer all questions. Show your workings clearly and coherently. QUESTION 1 (CLO2) a) Discuss how Bank Negara Malaysia (BNM) policies aim to achieve Malaysia's macroeconomics aims. (8) b) Illustrate the Malaysia's Gross Domestic Product (GDP) for year 2015 - 2019. Discuss its performance for these years. (7) QUESTION 2 (CLO1) Given information for Country ABC as below: Details RM (million) Consumers consumption 60 Net investment 20 Government expenditure 30 Export 20 Import 10 Depreciation 10 Indirect taxes 25 Subsidies 118 a) Calculate Gross Domestic Product (GDP) market price for Country ABC. (3) b) Calculate Gross Domestic Product (GDP) factor cost for Country ABC. (3) c) Discuss the reasons in calculating GDP for Country ABC. (9)QUESTION 3 (CLO1) Given the following: C = 2000 + 0.5Yd T = 300 1 = 320 G = 300 X = 400 M =100 a) Determine the equilibrium level of income using expenditure and injection-leakage approach. (6) b) Determine the value of Cat equilibrium level of income. (3) c) Calculate the equilibrium level of income when there is an increase in investment of 100 using expenditure and multiplier approach. (6) QUESTION 4 (CLO2) a) Describe the "Prihatin Rakyat Economic Stimulus Package" that was introduced on the 27 March 2020 for Malaysia (6) b) In your opinion, what are the reasons and effects of the Prihatin Rakyat Economic Stimulus Package? Discuss. (9)
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