Discretionary Monetary Policy Is Defined as Policy for Which

question 62

Multiple Choice

Discretionary monetary policy is defined as policy for which

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

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Definitions:

Exclusionary Rule

A legal principle in the United States that excludes evidence obtained in violation of a defendant's constitutional rights from being presented in court.

Police Searches

The examination or inspection by law enforcement officers of individuals, vehicles, premises, etc., for illicit material or evidence of illegal activity, usually requiring probable cause or a warrant.

Lemon Test

A three-part test created by the Supreme Court to determine when a law has the effect of establishing religion, in violation of the First Amendment.

Religious Schools

Educational institutions that are affiliated with or run by religious organizations, often providing education based on the beliefs of that specific religion.