Discretionary Policy

Discretionary Policy: Strategic Flexibility in Policymaking
An in-depth analysis of discretionary policy, comparing it with rules-based policy, its historical context, advantages, disadvantages, and real-world applications.
Discretionary Policy: Government Economic Actions
An overview of discretionary policy, a type of government economic policy that is not automatic but actively managed. Examples include the Federal Reserve Board's adjustments to the money supply and discount rate.

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