How does rule-based monetary policy differ from discretionary monetary policy (that is, monetary policy not based on
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How does rule-based monetary policy differ from discretionary monetary policy (that is, monetary policy not based on a rule)? What are some of the arguments for each?
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Rulebased monetary policy and discretionary monetary policy are two different approaches to the management of a countrys monetary system by its central bank They differ in terms of their principles an...View the full answer
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