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.
Syntax errors are errors in your code such as a missing semi-colon. Run time errors are errors that appear during run time such as an infinite loop. Logic errors appear when your code does not do what you want it to do because of the logic such as the comparisons are wrong.
Related to syntax (in the programming sense). If the syntaxing is pointing to a correct case, the case is a syntax error. When a compiler throws the error, it is a compile-time error. When the IDE points it out, it is a compile warning.