Discretionary monetary policy is monetary policy

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Discretionary monetary policy is monetary policy that is based on

A) rules that depend upon the state of the economy.

B) the judgment of the monetary policymakers about the current needs of the economy.

C) the ups and downs of the stock market.

D) the judgment of Congress about the current needs of the economy.

E) a rule that allows no discretion in how policymakers respond to the state of the economy.

Reference no: EM131109439

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