Toggling a macro palette while also using the "for one action..." attribute

I sometimes accidentally toggle a macro palette, and I intuitively try to toggle it close by hitting the same key.

However, this doesn't seem like its possible if I use the "for one action..." option. Instead, hitting it again does nothing.

Is there some way I can work around this? Basically:

  1. Toggle a macro palette (show/close)
  2. Close the macro palette when I action a macro from the palette

Not the most elegant solution, but could you add a close palette action to the end of any macro in the palette?

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@daproberts has given one solution.
Also - pressing the esc key will close the "Palette for One Action" if you accidentally toggle it on. Pressing esc also closes the Conflict Palette.

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