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Determining the malaysian real gdp

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During the pandemic, the Malaysian real GDP is substantially lower than it was predicted prior to pandemic era. Prior to the pandemic, the economy is expected to grow at 5.5% per annum. However, due to the covid-19 disaster, the Malaysian economy now is expected to grow at 4.1%. A significant 1.4% lower than previously expected.

Explain the above statement in terms of the Malaysian citizens well-being.

Reference no: EM133129319

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