When policy makers take actions in response to or in anticipation of some change in the overall economy, there is

Question

Quizplus · Accepted Answer

Active policymaking involves taking deliberate and proactive actions in response to economic changes, as opposed to passive policymaking which is reactive in nature. Rationalization and rational expectations policymaking are specific types of policymaking approaches, but do not accurately describe the overall approach being taken by policy makers in this scenario.

When Policy Makers Take Actions in Response to or in Anticipation