ky0ndvmondshreyg
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  • 10-05-2016
  • Business
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Monetary and fiscal policy making that is carried out in response to a pre-set rule and does not respond to changes in economic activity is known as

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meerkat18
meerkat18 meerkat18
  • 18-05-2016

Are you referring to this question?

Monetary and fiscal policy making that is carried out in response to a pre-set rule and does not respond to changes in economic activity is known as

A. discretionary policy making.B. active policy making.C. Keynesian policy making.D. non-discretionary policy making.If you are, then the answer is letter A. discretionary policy making

>>>discretionary policy is an economic policy based on the ad hoc judgment of policymakers as opposed to policy set by predetermined rules.

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