Adjective
expansionary (comparative more expansionary, superlative most expansionary)
That promotes or exhibits expansion; expansionist.
After proposing for the first time to reduce spending of its oil wealth in 2020, there’s now a higher chance of a “slightly expansionary budget” next year, she said. Source: Internet
Another intervention involves an expansionary monetary policy that increases the supply of money which should reduce interest rates which should lead to an increase in non-governmental spending. Source: Internet
Despite an expansionary fiscal policy, the public debt remained moderate at around 50 percent of GDP as deficits were financed partly by privatization receipts. Source: Internet
For instance, Maria Brouwer opines that " expansionary policies can fail and undermine the authority of the leader. Source: Internet
Government responses seeAlso Most mainstream economists believe that recessions are caused by inadequate aggregate demand in the economy, and favor the use of expansionary macroeconomic policy during recessions. Source: Internet
It could force countries to pursue deflationary policies at exactly the time when expansionary measures were called for to address rising unemployment. Source: Internet