单词 | fiscal policy |
释义 | fiscal policy fiscal policy The use of government spending and taxation to influence macroeconomic conditions. Fiscal policy was actively pursued to sustain full employment in the post-war years; however, monetarists and others have argued that this set off the inflation of the 1970s. Fiscal policy has remained generally ‘tight’ in most Western countries since the 1980s. Comparemonetary policy. |
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