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When an Ambitious Program Evaluation of a Public Policy (Such

question 9

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When an ambitious program evaluation of a public policy (such as welfare reform) fails to find that the new policy had a positive impact,


Definitions:

Agency Coupled With An Interest

An agency relationship that is created for the benefit of the agent, not the principal.

Agency Agreement

A contract where one party (the agent) agrees to act on behalf of another party (the principal) in commercial transactions.

Principal

The amount of money originally invested or loaned, in contrast to interest or profit earned on that amount.

Partially Disclosed

Pertains to transactions or agreements where some but not all relevant information is revealed to one or more parties involved.

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