The Introduction of SAPs in Sub-Saharan Africa Brought About All

question 313

Multiple Choice

The introduction of SAPs in sub-Saharan Africa brought about all EXCEPT which of the following economic effects?

• A) rise in unemployment
• B) shrinking of the informal economy
• C) decrease in wages
• D) decline in social services

---

Definitions:

Rate of Return

The gain or loss on an investment over a specified period, expressed as a percentage of the investment's cost.

Inventory Turnover Ratio

An asset management ratio that indicates how quickly inventory moves off the shelf and therefore how well a company sells its product.

Inventory Turns

Measures how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Dollar Amount

The numerical monetary value or total assigned to a transaction, account, or asset.