Have structural adjustment programs "worked"? What evidence would you look for to support your view?
What will be an ideal response?
Whether they have worked may depend on what objectives are admitted to. Relevant evidence would include changes in current account balances, investment, growth, and standards of living. Evidence may support one kind of success (lower current account deficits) while indicating failure on other fronts (growth).
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In the following table, fill in the columns for your return on investment if the price of your house increased or decreased by 40 percent, based on the down payments specified in the first column
Return on Your Investment From Down Payment A 40 Percent Increase in the Price of Your House A 40 Percent Decrease in the Price of Your House 100% 20 10 5
The statement that "at 10 percent, the interest rate is too high for families to buy a home they could have afforded when the interest rate was below 7 percent ," is a(n)
a. positive statement b. normative statement c. morally ambiguous philosophical position d. affront to the American dream e. value judgment