Tag: GDP Malaysia
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Recession Malaysia to be a reality in 2023?
This is the definition for recession. A recession is a significant, pervasive, and persistent decline in economic activity. (Investopedia) Briefly, it meant that people spend less than last year. Imagine getting the same salary this year as last year. However, because of sentiment, you decided to spend less and save the money into the savings…
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Malaysia GDP growth: World Bank revises the number down for 2021.
Malaysia GDP growth: World Bank revises the number down for 2021.
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What is a V-shaped economic recovery?
Macroeconomics is a branch of economics that studies how an overall economy—the market systems that operate on a large scale—behaves. Macroeconomics studies economy-wide phenomena such as inflation, price levels, rate of economic growth, national income, gross domestic product (GDP), and changes in unemployment. This definition is a comprehensive one provided by investopedia.com (click any of the links to read)…