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单词 Reaganomics
释义 Reaganomics

The policy combination of tight monetary policy to discourage inflation, and lax public finance to encourage real growth. This policy mix is so-called from its use in the United States during the presidency of Ronald Reagan. It led to large deficits in both the US government budget and the US balance of payments on current account.

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更新时间:2024/11/13 14:45:36