| 单词 | fiscal policy |
| 释义 | fiscal policy fiscal policy noun [C,U]
(Economics ) the way in which a government charges taxes or spends money in order to manage the economy: Loose fiscal policy (= low taxes and/or high government spending) could lead to high inflation. The government has promised to maintain tight fiscal policies (= it will raise taxes and/or spend money carefully). ⇨ MONETARY POLICY
❖ loose/tight fiscal policy ◆ to loosen/tighten fiscal policy |
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