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Question 2 (20 Marks)
(a) Discuss the factors that affected the general demand of retail spaces (in shopping complexes) in Malaysia in 2021/22 compared to 5 years ago (before 2016/17).
(10 marks)
(b) Discuss the factors which may result in changes (increase or decrease) in the supply of retail spaces (in shopping complexes) in Malaysia in 2021/22 compared to 5 years ago (before 2016/17). (10 marks)
Question 3 (30 Marks)
a) Based on your opinion, discuss how the elimination of direct subsidies such as subsidies for petrol and electricity given by the government to the citizens in Malysia, can help the government manage the economy effectively. (20 marks)
b) Discuss the problems of using taxes to redistribute incomes of the citizens.
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