A policy rule that dictates monetary policy is:
A)written down.
B)at the discretion of the president.
C)at the discretion of the chairman of the Federal Reserve.
D)independent of the state of the economy.
E)a function of the state of the economy.

Question

Quizplus · Accepted Answer

A policy rule that dictates monetary policy is typically a function of the state of the economy, as it adjusts based on economic indicators like inflation and unemployment.

A Policy Rule That Dictates Monetary Policy Is