Briefly describe the purpose of a structural adjustment loan, and how it works.
What will be an ideal response?
When a state cannot make payments on its debt, the IMF can step in and provide a short-term loan to help the country restructure its debt and budget. Referred to as structural adjustment loans, the loans are conditional on specific policies that the country must adopt, often including reducing its spending. Typically, spending cuts involve social spending and food and fuel subsidies. That is, the IMF requires that the government cut back spending on public education, health services, and support for the poor
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Which of the following is true of postwar settlement?
A. West Germany replaced capitalism with communism. B. East Germany made capitalism more compatible with democracy. C. It resulted in a specific agreement being created between representatives of Germany's different classes. D. It resolved the long-term split between the Protestants and Catholics. E. It ameliorated the class cleavage and the postwar economic system.
Most executive orders
a. arise from the authority and responsibilities explicitly delegated to the President by law. b. are quickly overturned by congressional action. c. fail to cite the authority that allows the President to take action. d. represent decisions by a president to disregard the plain text of the Constitution.