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    Exam 18: Alternative Perspectives on Stabilization Policy
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    If Policymakers Are Free to Analyze Events as They Occur
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If Policymakers Are Free to Analyze Events as They Occur

Question 53

Question 53

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 by discretion.
C) monetary policy.
D) fiscal policy.

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