If Policymakers Are Free to Analyze Events as They Occur

question 9

Multiple Choice

If policymakers are free to analyze events as they occur and choose whatever policy seems appropriate at the time,then this is:

• A) policy by rule.
• B) policy be discretion.
• C) monetary policy.
• D) fiscal policy.

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Definitions:

Alexander Fleming

The Scottish bacteriologist known for discovering the antibiotic substance penicillin in 1928, revolutionizing medical treatment of bacterial infections.

Iron-Sulfur World

A theory regarding the origin of life on Earth, suggesting that life began at hydrothermal vents, where iron and sulfur compounds provided the energy and catalytic surfaces for the synthesis of organic molecules.

Hydrothermal Vents

Fissures in the deep ocean floor that release hot water and inorganic compounds.

Organic Molecules

Chemical compounds that contain carbon and are found in all living organisms, essential for life.