Section A. Short Answers: 1. 2 3. 4 5 *0! 10. 11. 12. 13. 14. 15. 15. 1?. 18. 19. 20. 21. 22. What is SNA and why is it important for national accounting. Identify how the SNA treats these environment accounts. Explain the purpose of the SNA. Discuss the adaption of SNA by the Pacic NSOs. Despite the recent advancement in the SNA manual, explain why agencies have started discussing new rounds of revisions. -Iow is compensation to employee recorded in household account different from that in the current account of the SNA? Discuss if the satellite diverges from the SNA. Lfso, under what circumstances? Explain how data om the TSA could complement the details of the SNA. If share price fall, how are the SNA account affected? )iscuss why the environment accounts have become important lately. Identify how the SNA treats environment accounts. Discuss the statistics which comprise major components of National Accounts. Define the role external sector in National Account. Identify mechanisms by which their activities are recorded. 1What are changes in stocks and how do we treat this is national accounts. )iscuss why computation of wealth of nations is important Identify how informal sector may be useil for some segments of the economy. Discuss how a periodic survey of tourism or other activities are useil for the V80. Discuss how smaller economies could improve the inclusion of informal activities in National Accounts. Discuss the issues that might be involved in doing so (Question 18)? Identify two issues of national accounts data collection. Explain why environment account have become important lately? Identify how the SNA treats these environment accounts. -Iow can the Ministry of Environment better manage environment degradation