Of These Policies,which Is the Best Example of Constrained Discretion

question 9

Multiple Choice

Of these policies,which is the best example of constrained discretion?

• A)the annual federal budget deficit shall not exceed three percent of the GDP
• B)the growth rate of the money supply shall be between two percent and five percent
• C)macroeconomic policies shall promote rapid economic growth and low inflation
• D)macroeconomic policies shall aim to keep inflation - on average over each five-year interval - within a range of two percent to four percent

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