Policy Is Conducted by Discretion If Policymakers

Multiple Choice

Policy is conducted by discretion if policymakers:

A) announce in advance how policy will respond to various situations and commit themselves to following through on this announcement.
B) are free to size up the situation case by case and choose whatever policy seems appropriate at the time.
C) announce and maintain a constant growth rate of the money supply.
D) announce and achieve a balanced government budget.