Of These Policies, Which Is the Best Example of Constrained

question 2

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, with appropriate adjustments for changes in the velocity of money, 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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Definitions:

George Vaillant

A psychiatrist known for his research on aging and adult development, particularly for his work on the Grant Study, a longitudinal study of men's lives.

Realistic Period

The third stage of Ginzberg’s theory, which occurs in early adulthood, when people begin to explore specific career options, then narrow their choices and make a commitment.

Fantasy Period

According to Ginzberg, the period, lasting until about age 11, when career choices are made, and discarded, without regard to skills, abilities, or available job opportunities.

Social Clock

The culturally determined psychological timepiece providing a sense of whether we have reached the major benchmarks of life at the appropriate time in comparison to our peers.