SAGE Reference - Encyclopedia of Business in Today's World

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Monetary Policy: Rules Versus Discretion

In: Encyclopedia of Business in Today's World
Edited by: Charles Wankel
Subject:General Business & Management
Keywords:central banks; monetary policy: rules versus discretion

Under a classical gold standard, there is little need for a central bank other than to provide coordination to the payments system. The value of money is determined by the supply of and the demand for ...

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  Wankel, C. (2009). Monetary policy: rules versus discretion. In Encyclopedia of business in today's world (Vol. 1, pp. 1146-1146). SAGE Publications, Inc., https://dx.doi.org/10.4135/9781412964289.n658
  
  Wankel, Charles. "Monetary Policy: Rules Versus Discretion." In Encyclopedia of Business in Today's World, edited by Wankel, Charles, 1146-1146. Thousand Oaks, CA: SAGE Publications, Inc., 2009. https://dx.doi.org/10.4135/9781412964289.n658.
  
  Wankel, C. 2009. Monetary Policy: Rules Versus Discretion. In: Charles Wankel Editor, 2009. Encyclopedia of Business in Today's World, Thousand Oaks, CA: SAGE Publications, Inc. pp. 1146 Available at: <https://dx.doi.org/10.4135/9781412964289.n658> [Accessed 26 May 2022].
  
  Wankel, Charles. "Monetary Policy: Rules Versus Discretion." Encyclopedia of Business in Today's World. Edited by Vol. 1. Thousand Oaks: SAGE Publications, Inc., 2009, pp. 1146-1146. SAGE Knowledge. 26 May 2022, doi: https://dx.doi.org/10.4135/9781412964289.n658.
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