Discretionary Monetary Policy Is Monetary Policy That Is Based on

question 80

Multiple Choice

Discretionary monetary policy is monetary policy that is based on

• A) the judgment of Congress about the current needs of the economy.
• B) a rule that allows no discretion in how policymakers respond to the state of the economy.
• C) the ups and downs of the stock market.
• D) the judgment of the monetary policymakers about the current needs of the economy.
• E) rules that depend upon the state of the economy.

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Definitions:

Dividend Yield

The ratio of a company's annual dividends to its current share price, represented as a percentage.