A closer look, however, suggests that a rules-based approach is superior. 1  A good monetary policy rule specifies a plan of action which the central bank cannot later ignore, while discretion allows central bankers to reactâand often overreactâto economic indicators as they see fit.
A syntax error is an error in commands. For example, the following command: dir (path) which displays a directory in a Windows Command Prompt. The following, dir c:/windows/system32 would show the contents of the Windows/system32 directory in the C: drive.
Alternatively, a compile error may be detected when the code is compiled, just before being executed. A compile error is generally easy to fix, as the VBA compiler pops up a message box, which provides information on the nature of the error. For example, if you get the message Compile error: Variable not defined when you attempt to run your code, this indicates that you are referencing a variable that has not been declared in the current scope. (This error is only generated when you are using Option Explicit). Runtime Errors