Question: Question 1 Conceptual [5 marks] Write brief notes on each of the following: 1.List the major characteristics of resident institutional units as described in the

Question 1 Conceptual [5 marks]

Write brief notes on each of the following:

1.List the major characteristics of resident institutional units as described in the SNA.

4.Explain the key limitations of the NSOs to fully adopt international statistical standards.

5.Define the purpose of the industrial classification system used by your local NSOs.

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