Discretionary Monetary Policy Is Defined as Policy

question 37

Multiple Choice

Discretionary monetary policy is defined as policy

• A)that is pursued regardless of the current state of the economy.
• B)for which the policymaker always publicises the policy as extensively as possible because its effectiveness depends on the public's knowledge of the policy.
• C)that is based on the judgements of policymakers.
• D)for which the markets make all decisions.
• E)that responds to a changing economy with predetermined rules.

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Definitions:

Pathology

The medical specialty that involves the study of diseases and their causes, processes, development, and consequences.

Sensorineural

Refers to a sensory nerve.

Hearing Loss

Partial or total inability to hear sounds in one or both ears, which can be congenital or acquired, temporary or permanent.

Auditory Nerve

A cranial nerve that transmits sound information from the cochlea of the inner ear directly to the brain.