Definitions for "Expansionary Fiscal Policy" Add To Word List
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An increase in government spending and/or a decrease in taxes designed to increase aggregate demand in the economy, thus increasing real output and decreasing unemployment. View Capstone Lesson(s) that address this concept
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such as lowering taxes and increasing government spending aims to increase the output of economy.
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A policy to increase governmental expenditures and/or to decrease taxes. See also fiscal policy.
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A policy to decrease governmental expenditures and/or to increase taxes. See also fiscal policy.
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Expansionary fiscal policy is an increase in government purchases or a decrease in tax revenues.
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