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). (minimum: 360 words) (60
marks)
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. (minimum: 250 words) (40 marks)