With discretionary policy making, fiscal and monetary policies are usually immune to any lag times that might counter their effectiveness. undertaken in response to or anticipation of some change in the overall economy. set according to pre-established standards that do not take into account any changes in the economy. immune to any political overtones.

MACROECONOMICS FOR TODAY
10th Edition
ISBN:9781337613057
Author:Tucker
Publisher:Tucker
Chapter16: Monetary Policy
Section16.A: Policy Disputes Using The Self Correcting Aggregate Demand And Supply Model
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With discretionary policy making, fiscal and monetary policies are usually
immune to any lag times that might counter their effectiveness.
undertaken in response to or anticipation of some change in the overall economy.
set according to pre-established standards that do not take into account any changes in the
economy.
immune to any political overtones.
Transcribed Image Text:With discretionary policy making, fiscal and monetary policies are usually immune to any lag times that might counter their effectiveness. undertaken in response to or anticipation of some change in the overall economy. set according to pre-established standards that do not take into account any changes in the economy. immune to any political overtones.
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