单词 | fine tuning |
释义 | fine tuning The implementation of economic policy, in particular monetary and fiscal policy, by means of small, incremental policy changes. Doubt has been cast on any real possibility of fine-tuning economies, given their lack of short-term forecastability. Critics argue that, if an economy is impossible to forecast in detail, then it follows that it is also impossible to determine appropriate short-term incremental policies. |
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