Expansionary Fiscal Policy

timer Asked: Jun 24th, 2014
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Question Description

what is the Expansionary Fiscal Policy?

Tutor Answer

Awais A
School: University of Virginia

At the point when an economy is in a subsidence, expansionary monetary arrangement is in place. Normally this kind of monetary arrangement brings about expanded government using and/or lower charges. A retreat brings about a recessionary crevice – implying that total interest (ie, GDP) is at a level lower than it would be in a full job circumstance.

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