Expansionary fiscal policy is an increase in government spending or a reducing in net taxes which increase aggregate output/income (Y). +G or -T = +Y
Lowering taxes and raising government spending.Social security measures taken by the govt. is an example of expansionary policy. Subsidies, Tax rate cuts etc are other examples...There is a few example of expansionary fiscal policy. Some of the examples are tax cuts, rebates and increased spending.
The president and congress together control the fiscal policy.
congress
fiscal policy
Fiscal Policy Monetary Policy Easy Money Policy Tight Money Policy
is a policy that have no demand
Expansionary fiscal policy is so named because it is designed to expand real GDP.
when it is weak
increase gvt exp
expansionary fiscal policy position
cutting taxes
expansionary fiscal policy position
expansionary fiscal policy position
More public expenditure
Expansionary fiscal policy is meant to expand the economy by ending a recession earlier, stimulating buying and business success, and decreasing the unemployment rate. This policy is often paired with the lowering of interest rates.
Expansionary fiscal policy refers to policies aimed at increasing demand and thus output. This is done by expanding/increasing government expenditure, reducing taxes or doing a bit of both.
It increases economic growth