Assessment task

Discuss various contributionsof agriculture in the economic developmentofdevelopingcountries

12.Identify six factors that hinder increase in economic development in developing countries and states

13.Outline the economic policy measures that should be applied to minimize the problem of external debts

14.Explainways in which the government could influencethe allocation ofeconomic resources in a country

15.Discuss the importance of development planning in an economy

16.Explain the factors that limit the application of monetary tools in the economy of developing countries

17.Economies is concerned with allocation of scarce resources ' outline three resources allocation decisions in an economy

18.Discuss the importance of the concept of opportunity cost in an economy

19.Suggest four contractionary monetary policy measures that could be used to combat the level of inflation in a developing country

20.Explain the monetary views on the quantity theory of money

21.'there have been deliberate attempts to control the rate of interest in some developing countries'

Explain five advantages of rate controls in an economy

22.Describe three ways in which a government could use fiscal policy to stimulate economic growth in a country

23.Explain three motives of holding money as an advanced by the Keynesian liquidity preference theory

29 Describe five instruments of monetary policy that could be used to control the level of money supply

30Describe five factors that limit the effectiveness of monetary policy in developing countries and states

31Suggest four contractionary monetary policy measures that could be used to combat a high level of inflation

32Explain four factors that limit or could limit the effectiveness of credit creation by commercial banks