Larry Does Not Get a Job He Wanted

question 51

Multiple Choice

Larry does not get a job he wanted. In the model of Julian Rotter, Larry would be described as an external. Which of the following reactions would you expect from Larry?

• A) "I'll just have to try harder next time."
• B) "I guess I did a poor job of selling myself during the interview."
• C) "It's usually a matter of who you know that determines whether you get a job."
• D) "I must not have had the right kind of background for this job."

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Definitions:

Congressional Budget Office

The Congressional Budget Office is a federal agency within the legislative branch of the United States government that provides budget and economic information to Congress.

John Maynard Keynes

A British economist whose theories on government intervention in economies (Keynesian economics) have greatly influenced modern economic policies.

Council of Economic Advisers

A panel of three noted economists who advise the President of the United States on economic policy.

U.S. Monetary Policy

The process by which the Federal Reserve controls the supply of money in the U.S. economy to achieve stable prices, maximum employment, and moderate long-term interest rates.