is a policy that have no demand
Expansionary fiscal policy is so named because it is designed to expand real GDP.
increase gvt exp
when it is weak
expansionary fiscal policy position
More public expenditure
Expansionary fiscal policy is an increase in government spending or a reducing in net taxes which increase aggregate output/income (Y). +G or -T = +Y
Expansionary fiscal policy is so named because it is designed to expand real GDP.
increase gvt exp
expansionary fiscal policy position
when it is weak
cutting taxes
expansionary fiscal policy position
expansionary fiscal policy position
More public expenditure
Expansionary fiscal policy is meant to expand the economy by ending a recession earlier, stimulating buying and business success, and decreasing the unemployment rate. This policy is often paired with the lowering of interest rates.
Expansionary fiscal policy refers to policies aimed at increasing demand and thus output. This is done by expanding/increasing government expenditure, reducing taxes or doing a bit of both.
It increases economic growth