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26 September, 08:54

The idea of policy making taking place in response to a predetermined set of rules is refered to as

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  1. 26 September, 10:23
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    The idea of policy making taking place in response to a predetermined set of rules is referred to as discretionary policy. In Macroeconomics, this is an economic policy based on the ad hoc judgment of policymakers as opposed to policy set by predetermined rules.
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