Expansionary Fiscal Policy

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znuwnorra123

Business Finance

Question Description

what is the Expansionary Fiscal Policy?

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Explanation & Answer

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.

Njnvf N (143)
University of Virginia

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