How do they differ from advocacy for adopting passive rules, Macroeconomics

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How do they differ from advocacy for adopting passive rules

Problem

List of a few arguments for and against "discretionary" fiscal and monetary policy actions by different groups in economics profession and business entities (and also by politicians). How do they differ from the advocacy for adopting passive "rules" of economic policy? Give real world examples in your answers in the context of US economy.

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