skip to main content
LOTERRE

LOTERRE

Search from vocabulary

Lengua del contenido

| français English
Ayuda para la búsqueda

Concept information

Término preferido

monetary policy: rules versus discretion  

Definición

  • 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 gold. [Source: Encyclopedia of Business in Today's World; Monetary Policy: Rules Versus Discretion]

Concepto genérico

Pertenece al grupo

URI

http://data.loterre.fr/ark:/67375/N9J-F76M3L5Q-5

Descargue este concepto: