1.Differentiate between nominal national output and 'real national output' figures in an economy

2. Define the term multiplier

3. Distinguish between transfer payments and transfer earnings

4. Distinguish between gross national product at market price and net national product at factor

cost

5. Highlight the factors that contribute to low economic growth rates in developing countries

6. What are the main problems associated with national income accounting in developing

countries

7. Highlight ten problems that are faced by the agricultural sector in developing countries

8. Explain five policy measures that could be adopted to minimize the problem of rising external

debt in developing countries

9. Summarize five challenges that hinder successful achievement of national development targets

set by developing countries

10. Highlight five strategies that could be implemented by government in developing countries to

spur growth in the industrial sector

11. State seven economic goals of developing countries

12. Discuss five policy measures that developing countries could adapt to reduce regional

imbalances

13. Outline five cases of high levels of external debts in developing countries

14. Summarize six policies that could be adopted to combat the high levels of external debts in

developing countries